Extension Ratio definition

Extension Ratio means, with respect to any Collection Period, the percentage equivalent of a fraction, (i) the numerator of which is the aggregate Principal Balance as of the last day of the Collection Period of all Receivables that became Extended Receivables during such Collection Period and (ii) the denominator of which is the aggregate Principal Balance of all Receivables as of the last day of the previous Collection Period (or, in the case of the first Collection Period, the period from the initial Cutoff Date through and including the last day of the calendar month immediately preceding the first Payment Date).
Extension Ratio means the fraction (expressed as a percentage) calculated as of the last day of the related Collection Period, the numerator of which is the aggregate number of Contracts for which an extension or a payment deferment is in effect (whether granted by the Servicer during the related Collection Period or an earlier Collection Period) in accordance with the Servicer’s stated extension policy and the denominator of which is the aggregate number of Contracts then held by the Issuer. “Extension,” for purposes of this definition, does not include either (i) a change of an Obligor’s scheduled due date within a month (i.e., from the 10th of each month to the 15th) or (ii) the Servicer’s treatment of an Obligor who makes at least one-half of his scheduled payment as current (provided that such Obligor continues to make all Contract Scheduled Payments which follow).
Extension Ratio means, with respect to any Collection Period, commencing with the Collection Period in which the initial Funding Date occurs, the percentage equivalent of a fraction, (i) the numerator of which is the aggregate Principal Balance as of the last day of the Collection Period of all Receivables that became Extended Receivables during such Collection Period and (ii) the denominator of which is the aggregate Principal Balance of all Receivables as of the last day of the previous Collection Period (or, in the case of the first Collection Period, the period from the initial Cutoff Date through and including the last day of the calendar month immediately preceding the first Payment Date).

Examples of Extension Ratio in a sentence

  • The WORLD and TANDEM-STRAIGHT vocod-Target VTL: 12.96 cm (short)Scale Extension Ratio: 1.140 0.5 1.0 1.5 2.0 0 0.5 1.0 1.5 2.0SD: 40 mel+10mel (High)SD: 20 mel−10mel (Low)SD: 2 melSD: 20 mel (Reversed Phase)4000 Level Spectrogram (rel.

  • Date of corporate credit rating ALTERNATIVE II1.Amount of annual aggregate liability coverage to be demonstrated$2.Current bond rating of most recent issuance and name of rating service$3.Date of issuance of bond$4.Date of maturity of bond$*5.Tangible net worth$*6.Total assets in the United States ( required only if less than 90 percent of assets are located in the United States) $ 7.

  • Article 19-2 (Maintaining Credit Extension Ratio of Mutual Savings Bank Exceeding Limit on Credit Extension for Each Type of Business)Pursuant to Article 4 (2) and (3) of the Addenda to the Regulation (FSC Public Notice No. 2010-36), a mutual savings bank whose credit extension ratio exceeds the credit extension ratio under Article 22-3 of the Regulation shall maintain the ratio in accordance with the guidelines under Appendix 1-1.[This Article Newly Inserted on Sep.

  • Table 1: The result of the experimental simulation with base length of 60 mm Extension Ratio The experimental work clearly showed that the extension difference creates curvatures on the whole assembly.


More Definitions of Extension Ratio

Extension Ratio means, as of any date of determination and with respect to a Vintage Pool, a rate, expressed as a percentage, equal to a fraction (I) the numerator of which is the aggregate outstanding principal balance of all automobile receivables acquired or originated by the Seller in such Vintage Pool whose payments are extended during the related Accrual Period and (II) the denominator of which is the aggregate outstanding principal balance of all automobile receivables acquired or originated by the Seller in such Vintage Pool as of the last day of the most recently ended Accrual Period; provided that, in the case of (A) and (B) if any sale or securitization of receivables by the Seller occurs on a servicing released basis, the Servicer and the Administrative Agent shall negotiate in good faith to amend the trigger levels relating to the calculation of Extension Ratio if such sale or securitization results in a significant change to the composition of the remaining receivables in a Vintage Pool or the Receivables, as applicable.
Extension Ratio means, with respect to any Payment Date and the related Collection Period, the percentage equivalent of a fraction, (i) the numerator of which equals the aggregate Principal Balance of all Receivables that were Extended Receivables during such Collection Period and (ii) the denominator of which equals the daily average aggregate Principal Balance of all Receivables during such Collection Period.
Extension Ratio has the meaning specified in Section 4.6(a).
Extension Ratio for any calendar month shall equal the percentage equivalent of a fraction the numerator of which is the aggregate number of Receivables that have been extended during such calendar month and the denominator of which is the aggregate number of Receivables outstanding as of the first day of such calendar month.
Extension Ratio means, as of each date of determination the ratio of (a) the Extension Obligations, to (b) the aggregate Obligations, in each cast treating the Class A Funding Requirements as fully outstanding.
Extension Ratio or “Extending Lender”, Section 7.3 or Exhibit D without the consent of Extending Lenders constituting Requisite Extending Lenders. Any amendment, modification, supplement, termination, waiver or consent pursuant to this Section shall apply equally to, and shall be binding upon, all of the Creditors. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder, except that the Pro Rata Share of the Commitments of such Lender may not be increased or extended without the consent of such Lender.
Extension Ratio means the ratio of (a) the aggregate outstanding balance of all Extended Receivables to (b) the aggregate outstanding balance of all accounts receivable of the Consolidated Group, Conn Funding I LP and Conn Funding II LP.