Dutch Class A Baseline Advance Rate means, with respect to each Dutch AAA Select Component, the percentage set forth opposite such Dutch AAA Select Component in the following table (provided that for the Dutch AAA Select Component related to Vehicles subleased to a Fleetco from another jurisdiction as per clause 5.2.2 (D) and 5.2.2 (E) of the Dutch Master Lease, the percentage shall be the lower of (i) the percentage set forth opposite such Dutch AAA Select Component in the below table and (ii) the percentage set forth opposite such Fleetco AAA Select Component in the table related to the Fleetco Class A Baseline Advance Rate with respect to the Fleetco where it is subleased): Dutch AAA Component Dutch Class A Baseline Advance Rate Dutch Eligible Investment Grade Program Vehicle Amount 76.50% Dutch Eligible Investment Grade Program Receivable Amount 76.50% Dutch Eligible Non-Investment Grade Program Vehicle Amount 66.50% Dutch Eligible Non-Investment Grade (High) Program Receivable Amount 66.50% Dutch Eligible Non-Investment Grade (Low) Program Receivable Amount 0% Dutch Eligible Investment Grade Non-Program Vehicle Amount, provided that where the relevant Dutch Eligible Vehicles are subleased pursuant to Clause 5.2.2 (D) and 5.2.2 (E) of the Dutch Master Lease, the following Dutch Class A Baseline Advance Rate shall apply to such subleased Vehicles: - Dutch Eligible Vehicles subleased to France: - Dutch Eligible Vehicles subleased to Spain: - Dutch Eligible Vehicles subleased to Germany: - Dutch Eligible Vehicles subleased to Italy: 68.25% 68.25% 61.50% 67.75% 68.25% Dutch Eligible Non-Investment Grade Non-Program Vehicle Amount, provided that where the relevant Dutch Eligible Vehicles are subleased pursuant to Clause 5.2.2 (D) and 5.2.2 (E) of the Dutch Master Lease, the following Dutch Class A Baseline Advance Rate shall apply to such subleased Vehicles: - Dutch Eligible Vehicles subleased to France: - Dutch Eligible Vehicles subleased to Spain: - Dutch Eligible Vehicles subleased to Germany: - Dutch Eligible Vehicles subleased to Italy: 66.50% 66.50% 53.25% 58.75% 64.50% Dutch Net VAT Receivables 94.75% Remainder AAA Amount 0%
Dutch Class A Baseline Advance Rate means, with respect to each Dutch AAA Select Component, the percentage set forth opposite such Dutch AAA Select Component in the following table (provided that for the Dutch AAA Select Component related to Vehicles subleased to a Fleetco from another jurisdiction as per clause 5.2.2 (D) and 5.2.2 (E) of the Dutch Master Lease, the percentage shall be the lower of (i) the percentage set forth opposite such Dutch AAA Select Component in the below table and (ii) the percentage set forth opposite such Fleetco AAA Select Component in the table related to the Fleetco Class A Baseline Advance Rate with respect to the Fleetco where it is subleased):
Dutch Class A Baseline Advance Rate means, with respect to each Dutch AAA Select Component, the percentage set forth opposite such Dutch AAA Select Component in the following table: CONFIDENTIAL INFORMATION REDACTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. OMITTED PORTIONS INDICATED BY [*REDACTED*]. Dutch AAA Component Dutch Class A Baseline Advance Rate Dutch Eligible Investment Grade Program Vehicle Amount [*REDACTED*] Dutch Eligible Investment Grade Program Receivable Amount Dutch Eligible Non-Investment Grade Program Vehicle Amount Dutch Eligible Non-Investment Grade (High) Program Receivable Amount Dutch Eligible Non-Investment Grade (Low) Program Receivable Amount Dutch Eligible Investment Grade Non-Program Vehicle Amount Dutch Eligible Non-Investment Grade Non-Program Vehicle Amount Dutch Net VAT Receivables Remainder AAA Amount
More Definitions of Dutch Class A Baseline Advance Rate
Dutch Class A Baseline Advance Rate means, with respect to each Dutch AAA Select Component, the percentage set forth opposite such Dutch AAA Select Component in the following table: