Class B Advance Rate definition

Class B Advance Rate means eighty-seven percent (87%).

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Class B 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, 90% 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, 85%.

Class B Advance Rate means 90.0%.

Examples of Class B Advance Rate in a sentence

Each Joinder Agreement shall also set forth any other applicable terms of the Class B Revolving Commitments being provided thereby, including without limitation the Applicable Class B Advance Rate (which shall be identical among all Class B Revolving Lenders), other than pricing terms described in a separate Fee Letter.
Each Borrowing Notice shall set forth, and each Advance shall be comprised of (i) a proposed Class A Advance and (ii) a proposed Class B Advance, which shall be calculated at the Class B Advance Rate based on the proposed Class A Advance.
Each Joinder Agreement shall also set forth any other applicable terms of the Class B Commitments being provided thereby, including without limitation the Applicable Class B Advance Rate (which shall be identical among all Class B Lenders), other than pricing terms described in a separate Fee Letter.
As of any date of determination, an amount equal to (a) one hundred percent (100%), minus (b) the Class B Advance Rate, plus (c) the Series 2020-1 Excess Concentration Percentage.

More Definitions of Class B Advance Rate

Class B Advance Rate. With respect to any Class B Advance, a percentage equal to the product of (x) 5/75, multiplied by (y) the Class A Advance Rate for the related Advance on the Class A Variable Funding Certificates.

Class B Advance Rate means (i) initially, 95.00%, and (ii) following the occurrence and during the continuation of a Class B Advance Rate Step-Down Event, 92.00%.

Class B 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 ▇▇▇▇▇▇▇▇ ▇▇▇▇ exists), as adjusted by each applicable Advance Rate Adjustment.

Class B Advance Rate. The meaning set forth in the Fee Letter.

Class B Advance Rate has the meaning set forth on Schedule II.

Class B Advance Rate. For each Eligible Loan, unless otherwise set forth on Schedule III with respect to such Eligible Loan, 80%.

Class B Advance Rate means (A) respect to any Available Revolving Pool Collateral Receivable, (i) during the Reinvestment Period, [***], and (ii) during the Amortization Period, [***], and (B) with respect to any Excess Concentration Funded Amount, (i) during the Reinvestment Period, [***], and (ii) during the Amortization Period, [***].