Class B Baseline Advance Rate definition

Class B Baseline Advance Rate means, with respect to each Series 2013-A AAA Select Component, the percentage set forth opposite such Series 2013-A AAA Select Component in the following table: Series 2013-A AAA Component Class B Baseline Advance Rate Series 2013-A Eligible Investment Grade Program Vehicle Amount 90.00% Series 2013-A Eligible Investment Grade Program Receivable Amount 90.00% Series 2013-A Eligible Non-Investment Grade Program Vehicle Amount 76.75% Series 2013-A Eligible Non-Investment Grade (High) Program Receivable Amount 76.75% Series 2013-A Eligible Non-Investment Grade (Low) Program Receivable Amount 0% Series 2013-A Eligible Investment Grade Non-Program Vehicle Amount 82.50% Series 2013-A Eligible Non-Investment Grade Non-Program Vehicle Amount 76.75% Group I Cash Amount 100% Series 2013-A Remainder AAA Amount 0%
Sample 1
Class B Baseline Advance Rate means, with respect to each Series 2021-A AAA Select Component, the percentage set forth opposite such Series 2021-A AAA Select Component in the following table: Series 2021-A AAA Component Class B Baseline Advance Rate Series 2021-A Eligible Investment Grade Program Vehicle Amount 85.00% Series 2021-A Eligible Investment Grade Program Receivable Amount 85.00% Series 2021-A Eligible Non-Investment Grade Program Vehicle Amount 83.00% Series 2021-A Eligible Non-Investment Grade (High) Program Receivable Amount 83.00% Series 2021-A Eligible Non-Investment Grade (Low) Program Receivable Amount 0.00% Series 2021-A Eligible Investment Grade Non-Program Vehicle Amount 81.00% Series 2021-A Eligible Non-Investment Grade Non-Program Vehicle Amount 77.00% Series 2021-A Medium-Duty Truck Amount 65.00% Cash Amount 100.00% Series 2021-A Remainder AAA Amount 0.00%
Sample 1Sample 2Sample 3
Class B Baseline Advance Rate means, with respect to each Series 2013-A AAA Select Component, the percentage set forth opposite such Series 2013-A AAA Select Component in the following table:
Sample 1Sample 2

Related to Class B Baseline Advance Rate

  • Maximum Advance Rate means 80.0%.

  • 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.

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

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Advance Rates shall have the meaning set forth in Section 2.1(a) hereof.

  • 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 Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • 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).

  • Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.