Class C Overcollateralisation Ratio definition

Class C Overcollateralisation Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Net Portfolio Collateral Balance by the aggregate of the Senior Notes, the Class B Notes and the Class C Notes Outstanding.
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Class C Overcollateralisation Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Net Portfolio Collateral Balance by the aggregate principal amount of the Class A Notes, the Class B Notes and the Class C Notes Outstanding (including for the avoidance of doubt, any Class B Deferred Interest and Class C Deferred Interest).
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Class C Overcollateralisation Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Overcollateralisation Numerator by the sum of (a) the aggregate principal amount of the Class A Notes Outstanding, (b) the aggregate principal amount of the Class B Notes Outstanding and (c) the aggregate principal amount of the Class C Notes Outstanding;
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Examples of Class C Overcollateralisation Ratio in a sentence

  • TheCoverage Tests will include the following: (i) the Senior Overcollateralisation Ratio Test; (ii) the Class B Overcollateralisation Ratio Test; (iii) the Class C Overcollateralisation Ratio Test; (iv) the Class D Overcollateralisation Test; and (v) the Senior Interest Coverage Test.

  • Before analysis, appropriate injection standards are added to the final extracts to allow for evaluation of the total volume of extract analyzed (Appendix 1).


More Definitions of Class C Overcollateralisation Ratio

Class C Overcollateralisation Ratio means, as of any Determination 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 (i) the Principal Amount Outstanding of each of the Class A Notes, the Class B Notes and the Class C Notes and (ii) any Class C Deferred Interest.
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Class C Overcollateralisation Ratio means the ratio (expressed as a percentage) obtained by dividing the Net Portfolio Collateral Balance by the sum of the Aggregate Principal Amount Outstanding of the Class A Notes, the Class B Notes and the Class C Notes;
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Class C Overcollateralisation Ratio means as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Par Coverage Amount; by (b) the aggregate principal amount of the Class A1 Notes, the Class A2 Notes, the Class B Notes and the Class C Notes Outstanding (which for the avoidance of doubt, means with respect to the Class A1VF Notes, the Class A1VF Amount).
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Class C Overcollateralisation Ratio means the ratio (expressed as a percentage) between (a) the Net Portfolio Collateral Balance and (b) the Class C Principal Denominator;
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Class C Overcollateralisation Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Net Portfolio Collateral Balance by the aggregate of the principalamount then Outstanding under the Class A Notes, the Class B Notes and the Class C Notes including, without duplication, any Deferred Interest on the Class B Notes and the Class C Notes.
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Class C Overcollateralisation Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Overcollateralisation Numerator on such Measurement Date by the sum of
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Related to Class C Overcollateralisation Ratio

  • Targeted Overcollateralization Amount means, for a Payment Date, an amount equal to:

  • Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans before giving effect to distributions of principal to be made on such Distribution Date over (b) the aggregate Certificate Principal Balance of the Class A Certificates and Class M Certificates immediately prior to such date.

  • Overcollateralization Target Amount means, with respect to any Distribution Date, 4.75% of the Pool Balance as of the Cutoff Date.

  • 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.

  • Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the Excess Overcollateralized Amount.