Haircut Percentage definition

Haircut Percentage means, with respect to each Class of Eligible Collateral, the percentage set forth in the TALF Standing Loan Facility Procedures as the “Haircut Percentage” applicable to such Class.
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Haircut Percentage means, with respect to any Item of Eligible Collateral included in a Class of Eligible Collateral (and subject to the following sentence), the percentage set forth in the TALF Standing Loan Facility Procedures as the “Haircut Percentage” applicable to such Class; provided, that the Haircut Percentage with respect to any Item of Legacy CMBS Collateral shall be equal to (x) the “base dollar haircut” percentage applicable thereto set forth in the TALF Standing Loan Facility Procedures divided by (y) the Market Price thereof. In the case of an Item of Eligible Collateral pledged by an Eligible PPIF Borrower, the Haircut Percentage applicable thereto shall be the Haircut Percentage determined in accordance with the preceding sentence multiplied by 150%.
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Haircut Percentage mean, with respect to each Haircut Collateral Loan, a Level 1 Haircut Percentage, a Level 2 Haircut Percentage, a Level 3 Haircut Percentage or a Level 4 Haircut Percentage, in each case, as determined in accordance with such definitions.
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Examples of Haircut Percentage in a sentence

  • Notwithstanding the foregoing, on each date on which any Principal Receipt is received, the principal balance of the applicable Loan shall be reduced by an amount equal to the product of (x) the difference between (A) 100% and (B) the Haircut Percentage with respect to the applicable Item of Collateral (as of the time the applicable Loan was made) multiplied by (y) the amount of such Principal Receipt.


More Definitions of Haircut Percentage

Haircut Percentage mean, with respect to each Haircut Collateral Loan, a Xxxxx 0 Xxxxxxx Xxxxxxxxxx, x Xxxxx 0 Xxxxxxx Percentage, a Xxxxx 0 Xxxxxxx Xxxxxxxxxx or a Xxxxx 0 Xxxxxxx Xxxxxxxxxx, in each case, as determined in accordance with such definitions.
Sample 1
Haircut Percentage means, for each Purchased Asset, as of any date of determination, a percentage equal to (x) [***] less (y) the product of
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Haircut Percentage means, for each Purchased Asset, as of any date of determination, a percentage equal to (x) [***] less (y) the product of (A) Market Value and (B) the related Purchase Price Percentage for such Purchased Asset.
Sample 1
Haircut Percentage means: o for any class of eligible collateral other than Legacy CMBS, the haircut percentage specified in the TALF Standing Loan Facility Procedures as applicable to that class; and o for any Legacy CMBS, (i) the applicable “base dollar haircut” percentage set forth in the TALF Standing Loan Facility Procedures divided by (ii) the Legacy CMBS’s Market Price;
Sample 1

Related to Haircut Percentage

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Relevant Percentage means, in respect of any Subsidiary Issuer, the percentage as specified in the relevant Pricing Supplement;

  • Strike Percentage means 100%

  • Discount Percentage shall have the meaning specified in Section 2.11.

  • Funding Percentage means, for each Lender at the time of any Revolving Borrowing or Revolving Facility LC Issuance, (i) if there is no Aggregate Canadian Sub-Facility Exposure, such Lender’s Fixed Commitment Percentage, or (ii) if there is any Aggregate Canadian Sub-Facility Exposure, such Lender’s Adjusted Commitment Percentage.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.