Class A Adjusted Advance Rate definition

Class A Adjusted Advance Rate means, as of any date of determination, with respect to any Series 2021-A AAA Select Component, a percentage equal to the greater of:
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Class A Adjusted Advance Rate. On any date of determination, the applicable percentage set forth below depending on the Diversity Score (rounded to the nearest integer) and the Xxxxx'x Weighted Average Recovery Rate: WEIGHTED AVERAGE RECOVERY RATE 43.7500% or higher 42.0833%- 43.7499% 40.4167%- 42.0832% 38.7500%- 40.4166% 38.7499% or below 1-9 70.0% 68.0% 56.0% 54.0% 52.0% 10-11 70.0% 68.0% 64.0% 60.0% 56.0% 12-14 70.0% 68.0% 66.0% 62.0% 58.0% 15 or higher 70.0% 68.0% 66.0% 64.0% 62.0% Section 1.1 of the Agreement is hereby amended to add the following definition:
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Class A Adjusted Advance Rate means, as of any date of determination, with respect to any Series 2013-A AAA Select Component, a percentage equal to the greater of: SI- 4 WEIL:\96021878\3\52399.0016
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Related to Class A Adjusted Advance Rate

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Class B Note Rate means 1.93% per annum, computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Maximum Advance Rate means 80.0%.

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 3.23% per annum with respect to the Class A Notes.

  • Applicable Interest Rate means the rate of interest prescribed under the Act from time to time;

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Advance Rate has the meaning assigned to such term in Section 5.13.