Late Delinquency Ratio means, expressed as a percentage, the ratio of (i) Late Delinquency Loan Receivables as nominator and (ii) the Aggregate Discounted Principal Balance as denominator.
Late Delinquency Ratio means for any Monthly Period, the ratio expressed as a percentage of (i) the aggregated Discounted Principal Balance of all Late Delinquent Receivables as nominator and (ii) the Aggregate Discounted Receivables Balance (other than Defaulted Receivables) as at the beginning of the Monthly Period as denominator.
Late Delinquency Ratio means for any Monthly Period, the ratio expressed as a percentage of (i) the aggregated Discounted Receivables Balance of all Late Delinquent Receivables as nominator and (ii) the Aggregate Discounted Receivables Balance (other than Defaulted Receivables) as at the beginning of the Monthly Period as denominator.
Examples of Late Delinquency Ratio in a sentence
Accumulation Account:Accumulation Account Trigger 10%means that the amount deposited in the Accumulation Account on two consecutive Payment Dates exceeds 10 % of the Aggregate Discounted Principal BalanceLate Delinquency Trigger breachedThe Late Delinquency Ratio is breached when it exceeds 2,25% at any payment date.Late Delinquency Ratio TriggerNONOCum.