Class A Advance Rate. “Total Advance Rate”, “Class A Borrowing Base”, “Total Borrowing Base”, “Class A Borrowing Base Deficiency”, “Total Borrowing Base Deficiency”, “Annualized Charge-off Ratio”, “Concentration Limits”, “Level I Trigger Event”, “Level II Trigger Event”, “Level III Trigger Event”, “Class A Monthly Principal Amount”, “Class B Monthly Principal Amount”, “Total Required Collateralization Percentage”, “Reserve Account Required Amount”, “Senior Interest” or “Subordinate Interest”.
Class A Advance Rate means, as of any date of determination, (a) if the Weighted Average FICO Score of all Collateral Receivables for which a FICO Score has been obtained around the time the Receivable was originated is greater than or equal to 580 on such date, 70% and (b) if the Weighted Average FICO Score of all Collateral Receivables for which a FICO Score has been obtained around the time the Receivable was originated is less than 580 on such date, 65%.
Class A Advance Rate means the lesser of (i) 75.00% (or, upon occurrence, and during the continuation, of a Level I Trigger Event, 70.00%) and (ii) the Total Advance Rate minus the ratio of (a) the Loans Outstanding that are Class B Loans to (b) the Eligible Pool Balance.
Examples of Class A Advance Rate in a sentence
As of any Determination Date, shall be equal to the product of (i) the quotient of the Class A Advance Rate divided by the Class B Advance Rate and (ii) the Series 2017-1 Asset Base.
Classification LTV<=75% LTV <=80% LTV <=85% LTV <=90% Classification LTV <=80% LTV <=85% LTV <=90% For purposes of calculating the Class A Advance Rate with respect to any Acquired Loans, Agented Loans and Participation Loans, the applicable Class A Advance Rate will be determined by reference to the type of underlying Loan being acquired, assigned, agented or participated in, as the case may be.
Any alterations, improvements or installation of fixtures to be undertaken by LICENSEE shall have the prior written consent of COUNTY.
As of any Determination Date, shall be equal to the product of (i) the quotient of the Class A Advance Rate divided by the Class B Advance Rate and (ii) the Series 2018-2 Asset Base.
More Definitions of Class A Advance Rate
Class A Advance Rate means eighty-one percent (81%).
Class A Advance Rate. “Class A Borrowing Base,” “Class A Borrowing Base Amount,” “Class A Interest,” “Class A Maximum Advance Rate Test,” “Class A Maximum Available Amount,” “Class A Maximum Committed Advance Rate Test,” “Class A Maximum Committed Available Amount,” “Class B Advance Rate”, “Class B Borrowing Base,” “Class B Borrowing Base Amount,” “Class B Buyout Triggering Event,” “Class B Interest,” “Class B Maximum Advance Rate Test,” “Class B Maximum Available Amount,” “Class B Maximum Committed Advance Rate Test,” “Class B Maximum Committed Available Amount,” “Defaulted Collateral Receivable,” “Delinquent Collateral Receivable,” “Fundamental Amendment,” “Interest Rate,” “Maximum Advance Rate Test,” “Maximum Available Amount,” “Maximum Committed Advance Rate Test,” “Maximum Committed Available Amount,” “Percentage” (provided, however, that an update to Schedule 1-A or Schedule 1-B, as applicable, in accordance with such definition shall not be deemed to be a modification to such definition), “Principal Loss Ratio,” “Post-Default Rate,” “Post-Reinvestment Period Rate,” “Required Lenders,” “Vintage Default Ratio” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof, (h) extend the Reinvestment Period, (i) release the Sponsor from its obligations under the Sponsor Indemnity Agreement, (j) release the Parent from its obligations under the Parent Pledge and Guaranty Agreement, (k) terminate or remove a Seller’s obligations to repurchase receivables pursuant to any Receivable Purchase Agreement, (l) change the currency required for payments of Obligations under this Agreement or (m) alter the pro rata sharing of payments required hereunder.
Class A Advance Rate means the lesser of (i) 75.00% (or, upon occurrence, and during the continuation, of a Level I Trigger Event, 70.00%) and (ii) the Total Advance Rate minus the ratio of (a) the Loans Outstanding that are Class B Loans to (b) the Eligible Pool Balance.”
Class A Advance Rate. 80% with respect to any Senior Secured ABLs on any date of determination, and for all other Eligible Assets the corresponding percentage set forth below:
Class A Advance Rate. 80% with respect to any Senior Secured ABLs on any date of determination, and for all other Eligible Assets the corresponding percentage set forth below: Classification <=65% <=70% <=75% <=80% <=85% <=90% Multifamily 80 % 80 % 80 % 75 % 65 % 55 % Retail, Office, Industrial, Healthcare, Land Development, Construction Properties and other 80 % 80 % 80 % 75 % 65 % 60 % Hotel 80 % 75 % 70 % 65 % N/A N/A Classification <=65% <=70% <=75% <=80% <=85% <=90% Multifamily 80 % 80 % 80 % 75 % 65 % 55 % Retail, Office, Industrial, Healthcare, Land Development and other 80 % 80 % 80 % 75 % 60 % 50 % Hotel 80 % 75 % 70 % 65 % N/A N/A Classification <=75% <=80% <=85% <=90% Multifamily 60 % 60 % 60 % 50 % Retail, Office, Industrial, Healthcare, Land Development and other 55 % 55 % 55 % 50 % Hotel 60 % 55 % N/A N/A Classification <=80% <=85% <=90% Multifamily 40 % 40 % 40 % Retail, Office, Industrial, Healthcare and other 40 % 40 % 40 % Hotel 50 % N/A N/A For purposes of calculating the Class A Advance Rate with respect to any Acquired Loans, Agented Loans and Participation Loans, the applicable Class A Advance Rate will be determined by reference to the type of underlying Loan being acquired, assigned, agented or participated in, as the case may be.
Class A Advance Rate means 80.0%.
Class A Advance Rate means, for each Aircraft of a particular Type as of any date of determination, the applicable Base Advance Rate (whether before or after Xxxxxxxx Xxxx exists), as adjusted by each applicable Advance Rate Adjustment.