Class C 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 Notes, the Class B Notes and the Class C Notes.
Class C 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, the Class B Notes and the Class C Notes.
Class C Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing:
More Definitions of Class C Par Value Ratio
Class C Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the CDO Principal Balance less the Par Value Test Excess Adjustment Amount by the aggregate principal amount Outstanding of the Class A Senior Notes, the Class B Senior Notes and the Class C Deferrable Interest Notes.
Class C 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 each of the Class A-T Notes, the Class B Notes, the Class C Notes, the Drawn Amount of Class A-R Advances (with Class A-R Sterling Advances converted at the then current Spot Rate).
Class C 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 sum of the Class A-R Drawn Amount, the Class A-D Drawn Amount and the Class A-R Allocated Commitment (with Class A-R Sterling Advances, Class A-R Dollar Advances and any Class A-R Allocated Commitment denominated in Sterling or Dollars converted into Euro at the then prevailing Spot Rate), the Principal Amount Outstanding of the Class A-2 Notes, the Class B Notes and the Class C Notes and an amount equal to the aggregate of any Liquidity Drawings (other than those relating to any Interest Payment Drawdowns or Collateral Enhancement Obligation Drawdowns) outstanding under the Liquidity Facility applicable to the next Payment Date (determined by reference to the circumstances existing as at such Measurement Date).
Class C Par Value Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Par Coverage Numerator by (b) the sum of the Super Senior Swap Notional Amount, the aggregate Principal Amount of the Senior Notes and the Class C Notes and each amount then available for Addition or Replenishment which has not been used to make an Addition or Replenishment, as the case may be.
Class C 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 Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A1-T Notes, the Class A2 Notes, the Class B Notes and the Class C Notes, the Drawn Amount of Class A1-R Advances and the Class A1-R Allocated Commitment (with
Class C Par Value Ratio means, in respect of the Class C Notes, the ratio (expressed as a percentage) obtained by: Dividing
Class C Par Value Ratio means as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Aggregate Collateral Balance by (b) the Principal Amount Outstanding of the Class A Notes, the Class B Notes and the Class C Notes (provided that for the purposes of the Class C-2 Notes, the Principal Amount Outstanding in Euro shall be converted into U.S. Dollars at the Class C-2 Hedge Exchange Rate).