Balance Ratio definition
Examples of Balance Ratio in a sentence
Losses allocated to the Class II-M, Class II-M-F and Class II-M-A Interests shall be applied first, to the Class II-M-F and Class II-M-A Interests the least amount of realized losses necessary which can be applied to such Interests so that the Balance Ratio is maintained, and second, to the Class II-M Interests.
Notwithstanding the above, principal payments on Mortgage Loans that are attributable to the Excess Overcollateralization Amount shall be allocated to the Class II-M, Class II-M-F and Class II-M-A Interests (allocated first to the Class II-M Interests until paid in full, and second to the Class II-M-F and Class II-M-A Interests, apportioned among such Interests such that the Balance Ratio is maintained, until paid in full).
Losses allocated to the Class II-Q, Class II-S-F and Class II-S-A Interests shall be applied first, to the Class II-S-F and Class II-S-A Interests the least amount of Realized Losses necessary which can be applied to such Interests so that the Balance Ratio is maintained, and second, to the Class II-Q Interests.
Notwithstanding the provisions of Section 11.4.1 and 11.4.2 hereof, an amount of Net Income arising from a Sale or Disposition of a Partnership Property equal to the Capital Account Deficiency shall first be allocated to each Partner having a Negative Balance in the proportion in which such Partner's Negative Balance bears to the aggregate Negative Balances of all Partners ("Negative Balance Ratio").
Notwithstanding the above, principal payments on the Home Equity Loans that are attributable to the Overcollateralization Release Amount shall be allocated to the Class II-Q, Class II-S-F and Class II-S-A Interests (allocated first to the Class II-Q Interests until paid in full, and second to the Class II-S-F and Class II-S-A Interests, apportioned among such Interests such that the Balance Ratio is maintained, until paid in full).
In the event that the foregoing allocation would be insufficient to eliminate the Capital Account Deficiency, an amount of gross income (as defined in Section 61 of the Code) of the Partnership necessary to eliminate the Capital Account Deficiency shall be allocated to each Partner with a Negative Balance in proportion to the Partner's Negative Balance Ratio.
In the event that the foregoing allocation would be insufficient to eliminate the Capital Account Deficiency, an amount of gross income (as defined in Section 61 of the Code) of the Partnership necessary to eliminate the Capital Account Deficiency shall be allocated to each Partner with a Negative Balance in proportion to such Partner's Negative Balance Ratio.
Notwithstanding the above, principal payments on REMIC III Regular Interests that are attributable to the Overcollateralization Release Amount shall be allocated to the Class II-Q, Class II-S-F and Class II-S-A Interests (allocated first to the Class II-Q Interests until paid in full, and second to the Class II-S-F and Class II-S-A Interests, apportioned among such Interests such that the Balance Ratio is maintained, until paid in full).
Month Average Receivables Dilution Ratio (less than 10.00%) (5) 3-Month Average Loss to Balance Ratio (less than 1.50%) (6) 3-Month Average Delinquency Ratio (less than 1.75%) (7) Notice requirement for change in long-term public senior debt rating.
Notwithstanding the above, principal payments on REMIC I Regular Interests that are attributable to the Excess Overcollateralization Amount shall be allocated to the Class II-Q, Class II-m1 and Class II-m2 REMIC II Regular Interests (allocated first to the Class II-Q REMIC II Regular Interests until paid in full, and second to the Class II-m1 and Class II-m2, apportioned among such Interests such that the Balance Ratio is maintained, until paid in full).