Class A Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the Principal Amount Outstanding of the Class A Notes.
Class A Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Adjusted Collateral Principal Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A-1 Notes and the Class A-2 Notes.
Class A Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Par Coverage Amount by the Principal Amount Outstanding of the Class A Notes.
More Definitions of Class A Par Value Ratio
Class A Par Value Ratio. With respect to the Class A Notes, the ratio determined as of any Measurement Date (expressed as a percentage), after giving effect to Section 1.3(d) and the definition of “Principal Balance,” obtained by dividing:
Class A Par Value Ratio means, as of any Determination Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing:
Class A Par Value Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Par Coverage Numerator by the sum of the Super Senior Swap Notional Amount, the aggregate Principal Amount of the Class A Notes and each amount then available for Addition or Replenishment which has not been used to make an Additional or Replenishment.
Class A Par Value Ratio means, as of any Measurement Date on or after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Class A Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A-2T Notes and the Drawn Amount of Class A-1R Advances (with Class A-1R Sterling Advances converted into Euro at the then current Spot Rate).
Class A Par Value Ratio. As of any Measurement Date, the number (expressed as a percentage) calculated by dividing (a) the Net Outstanding Portfolio Balance on such Measurement Date by (b) the sum of the Aggregate Outstanding Amount of the Class A Notes and the amount of any unreimbursed Interest Advances.
Class A Par Value Ratio means, for the purpose of Condition 10(a)(i) (Events of Default), as of any Measurement Date after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the Class A-1 Drawn Amount (with Class A-1 Sterling Advances converted into Euro at the then Current Spot Rate), the Class A-2 Drawn Amount, the Class A-1 Allocated Commitment (with Sterling denominated Class A-1 Allocated Commitment converted into Euro at the Current Spot Rate) and an amount equal to the drawn amount (other than that relating to any Interest Payment Drawdowns) under the Liquidity Facility applicable to the next Payment Date (determined by reference to the circumstances as at such Measurement Date).
Class A Par Value Ratio means, as of any Measurement Date after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of the Class A-T Loan, the Class A-R Drawn Amount of the Class A-R Advances, the Aggregate Class A-R Available Commitment and the Class A-R Allocated Commitment (with (i) Class A-R Sterling Advances and the Class A-R Allocated Commitment denominated in Sterling and (ii) Class A-R USD Advances and the Class A-R Allocated Commitment denominated in U.S. Dollars each converted into Euro at the then prevailing Spot Rate).