Class D 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 Principal Amount Outstanding of each of the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes.
Class D Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing:
Class D 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, the Class C Notes and the Class D Notes.
Examples of Class D Par Value Ratio in a sentence
The Reinvestment Test will be satisfied on any Determination Date if the Class D Par Value Ratio is at least 113.5 per cent.
More Definitions of Class D Par Value Ratio
Class D 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 Principal Amount Outstanding of each of the Class A-1 Notes, the Class B Notes, the Class C Notes and the Class D Notes, the Class A-1D Drawn Amount, the Drawn Amount of Class A-1R Advances and the Class A-1R Allocated Commitment (with Class A-1R Sterling Advances and any Class A-1R Allocated Commitment denominated in Sterling converted into Euro at the then prevailing Spot Rate).
Class D 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, the Class C Notes and the Class D 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 D 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, the Class C Notes and the Class D 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 D Par Value Ratio means, as at 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 Notes, the Class B Notes, the Class C Notes and the Class D Notes.
Class D Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Par Coverage Amount by the sum of the Principal Amount Outstanding of each of the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes and any Deferred Interest due on each of the Class B, Class C and Class D Notes.
Class D 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 Aggregate Outstanding Amount (including any Class C Capitalized Interest or Class D Capitalized Interest) of the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes and the amount of any unreimbursed Interest Advances.
Class D 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 aggregate principal amount of (i) the Senior Notes Outstanding, (ii) the Class C Deferrable Interest Notes Outstanding and (iii) the Class D Deferrable Interest Notes Outstanding.