Delinquency Trigger Rate definition

Delinquency Trigger Rate means, initially, 7.50%, which percentage will be reviewed and may be adjusted from time to time as set forth in subsections 14.01(b) and 14.01(c).
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Delinquency Trigger Rate means, initially, 9.00%, which percentage will be reviewed and may be adjusted from time to time by Transferor pursuant to Section 4.19(b) of this Indenture Supplement.
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Delinquency Trigger Rate means, (a) in respect of the Initial Investment Pool, 7.73%, and (b) as of any date of determination in respect of any Term Loan Investment Pool other than the Initial Investment Pool, the sum of (i) the related Liquid A Rate multiplied by 4.45%, plus (ii) the related Liquid B Rate multiplied by 4.81%, plus (iii) the related Liquid C Rate multiplied by 5.30%, plus (iv) the related Liquid D Rate multiplied by 6.37%, plus (v) the related Liquid E Rate multiplied by 6.65%, plus (vi) the related Liquid F Rate multiplied by 7.07%, plus (vii) the related Liquid G Rate multiplied by 7.54%, plus (vii) the related Liquid H Rate multiplied by 8.03%, plus (ix) the related Liquid I Rate multiplied by 9.37%, plus (x) the related Liquid J Rate multiplied by 10.69%, plus (xi) the related Liquid K Rate multiplied by 11.87%, in each case, in respect of such Term Loan Investment Pool as at such date of determination.
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Examples of Delinquency Trigger Rate in a sentence

  • The Delinquency Trigger Rate is subject to review and adjustment from time to time in accordance with subsections 14.01(b) and 14.01(c) of the Pooling and Servicing Agreement.

  • The Delinquency Trigger Rate is subject to review and adjustment from time to time in accordance with subsections 1 4.01(b) and 1 4.01(c) of the Pooling and Servicing Agreement.

  • The Three-Month Average 60+-Day Delinquency Rate equals or exceeds the Delinquency Trigger Rate1 No(a) Three-Month Average 60+-Day Delinquency Rate at the end of the Monthly Period1 0.71%(b) Delinquency Trigger Rate at the end of the Monthly Period1 2.40% 4.


More Definitions of Delinquency Trigger Rate

Delinquency Trigger Rate. As described in Part IV to this Appendix A.
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Delinquency Trigger Rate means, initially, [ ]%, which percentage will be reviewed and may be adjusted from time to time by Transferor pursuant to Section 4.19(b) of any related Indenture Supplement.
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Delinquency Trigger Rate means, initially, [8.00]%, which percentage will be reviewed and may be adjusted from time to time as set forth in Sections 14.01(b) and 14.01(c).
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Delinquency Trigger Rate means, initially, 7.50%, which percentage will be reviewed and may be adjusted from time to time as set forth in
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Related to Delinquency Trigger Rate

  • Delinquency Trigger Event means, for any Collection Period, the aggregate Principal Balance of Delinquent Receivables that have been Delinquent Receivables for 61 days or more as a percentage of the Pool Balance as of the last day of the Collection Period exceeding or being equal to 6.62%.

  • Delinquency Trigger means, for any Payment Date and the related Collection Period, 24.00%.

  • Delinquency Rate With respect to any calendar month, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans 60 days Delinquent or more (including all foreclosures, bankruptcies and REO Properties) as of the close of business on the last day of such month, and the denominator of which is the Pool Balance as of the close of business on the last day of such month.

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.