Dynamic Advance Rate definition
Dynamic Advance Rate means, as of any date of determination, a percentage equal to 100% minus the greater of (i) the Minimum Reserve Ratio and (ii) the sum of the Loss Reserve Ratio and the Dilution Reserve Ratio as of such date.
Dynamic Advance Rate means, as of any date of determination, a percentage equal to the lesser of:
Dynamic Advance Rate means, as of any date of determination, the lesser of (a) 85.0% and (b) the Dynamic Purchase Discount Rate.
Examples of Dynamic Advance Rate in a sentence
The Monthly Report shall include a calculation of the Dynamic Advance Rate.
The Deposit Report will include a computation of the Dynamic Advance Rate based on the reserve levels determined as of the prior Month End Report.
More Definitions of Dynamic Advance Rate
Dynamic Advance Rate means, as of the last day of any Settlement Period,
Dynamic Advance Rate means, at any time, the lesser of (i) 75% and (ii) a percentage equal to 100% minus the sum of (A) 2 times the Monthly Dilution Ratio as of such date plus (B) 5%.