Liquidity Factor definition

Liquidity Factor means the percentages applied to reduce Eligible Accounts by payor class based upon Borrowers’ actual recent collection history for each such payor class in a manner consistent with Agent’s underwriting practices and procedures. Agent may adjust such Liquidity Factors at any time in the exercise of its Permitted Discretion.
Sample 1Sample 2
Liquidity Factor means, with respect to any conversion other than pursuant to a Special Conversion Event, an amount equal to (i) 0.90 if the Conversion Date for such conversion falls 60 days or more after a Change of Control Conversion Event, or (ii) 1.00 if the Conversion Date does not fall 60 days or more after the occurrence of a Change of Control Conversion Event.
Sample 1Sample 2
Liquidity Factor means (i) total cash collections divided by (ii) (A) gross revenue minus (B) dilution, calculated as of a trailing twelve month period, as determined by Agent based on the most recent field examination obtained by Agent.
Sample 1Sample 2

Examples of Liquidity Factor in a sentence

  • We reserve the right to waive the Liquidity Factor shown in the MVA Option Schedule Supplement under certain circumstances including, but not limited to, the amount to be refunded if you exercise the Right to Cancel.

  • Without in any way limiting the immediately preceding sentence, Agent acknowledges and agrees, that as of the Closing Date, based off of the Borrower’s recent collection history, Agent shall adjust the Borrowing Base by applying a Liquidity Factor of ninety percent (90%) to all Eligible Accounts of the Borrower other than Eligible Accounts arising from the Novartis Agreement, which Eligible Accounts shall not be subject to the application of a Liquidity Factor at the Closing Date.

  • Related to the Liquidity Factor of its CDS Margin Methodology Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”),1 and Rule 19b-4 thereunder,2 notice is hereby given that on , 2013, Chicago Mercantile Exchange Inc.

  • The associated margin for a CDS portfolio attributed to the Liquidity Factor is the sum of the Liquidity Factor calculations for each family of CDS positions in the portfolio.The calculation of the Liquidity Factor is based on the premise that the 5-year OTR index is the most liquid CDS index product.

  • Financial ratios in this study used two indicators to assess the health of the bank as seen from the aspect of risk profile, namely the credit risk factor calculated using the NPL ratio and Liquidity Factor using the LDR ratio.

  • There are seven factors that have influence on credit rating, Debt/Asset and Debt/capital Factor, Earning and Profit Factor, Cash Turnover Factor, Liquidity Factor, Stocks Value Factor, Financing Factor, Enterprise Value Factor.

  • The concentration factors are based on exponential functions of the Gross Notional of each index family in a given portfolio.Proposed Changes to the Liquidity Risk Factor As liquidation costs are dependent on the risk in a portfolio, CME is proposing to use an index portfolio’s market risk rather than its gross notional as the basis for determining the margins associated with the Liquidity Factor.

  • It is the intention of the parties herein that the Members will retain management of Newco (including the election of directors and appointment of officers), which shall hold as its sole assets the Assets, for such period of time until the Members have received the minimum Liquidity Factor as referenced in Paragraph 7 above.

  • To further mitigate counterparty risk, the fund trades futures contracts on an U.S. Liquidity Factor ETF exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers.

  • The Ceding Company shall not force termination under the provisions of this Article solely to avoid the provisions regarding recapture in Article VII, or to transfer the reinsured policies to another reinsurer.


More Definitions of Liquidity Factor

Liquidity Factor means, with respect to any conversion pursuant to Section 6 hereof, an amount equal to (i) 0.80 if the Conversion Date for such conversion falls 60 days or more after the occurrence of a Change of Control Conversion Event or (ii) 1.00 if such Conversion Date does not fall 60 days or more after the occurrence of a Change of Control Conversion Event.
Sample 1
Liquidity Factor. For any Loan and any Obligor, the percentage determined for ---------------- such Loan and/or Obligor by the Evaluator in accordance with the Credit and Collection Policy and set forth in the List of Loans, reflecting the Evaluator's good faith assessment of the actual liquidity of such Obligor's receivables.
Sample 1
Liquidity Factor means the percentages applied to reduce Eligible Accounts based upon Borrower’s and Subsidiary Guarantors’ actual recent collection history in a manner consistent with the Administrative Agent’s underwriting practices and procedures. The Administrative Agent may adjust such Liquidity Factor at any time in the exercise of its reasonable credit judgment.
Sample 1
Liquidity Factor means a percentage representative of cash collections to net xxxxxxxx by payor, by site, or by other classification as determined by an independent auditor acceptable to Lender. The Liquidity Factor shall be subject to change during the term of this Agreement at the sole discretion of Lender based upon factually based credit criteria, including, among other things, actual monthly cash collections recognized on gross patient xxxxxxxx as determined by an independent auditor acceptable to Lender. The Liquidity Factor as of the Closing Date will be 90%.
Sample 1

Related to Liquidity Factor

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Liquidity Facility “Loan Trustee”, “Long-Term Rating”, “Non-Extended Facility”, “Operative Agreements”, “Participation Agreements”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Series A Equipment Notes”, “Scheduled Payment”, “Short-Term Rating”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement” and “United States”.

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

  • S&P Volatility Factor means 277% or such other potential dividend rate increase factor as S&P advises the Corporation in writing is applicable.

  • Rating Agency Discount Factor means the Fitch Discount Factor (if Fitch is then rating Preferred Shares) or an Other Rating Agency Discount Factor, whichever is applicable.

  • Liquidity Facilities means, collectively, the Class A Liquidity Facility and the Class B Liquidity Facility.

  • Liquidity Amount means, as of any date of determination, the sum of (a) the Aggregate Borrowing Availability as of such date and (b) the Unrestricted Cash Amount as of such date.

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Moody’s Discount Factor means the discount factors set forth in the Moody's Guidelines for use in calculating the Discounted Value of the Fund's assets in connection with Moody's long-term preferred share ratings of the VRDP Shares at the request of the Fund.

  • Note Factor means, with respect to the Notes or any Class of Notes on any Payment Date, a six-digit decimal figure equal to the Note Balance of the Notes or such Class of Notes, as applicable, as of the end of the preceding Collection Period divided by the Note Balance of the Notes or such Class of Notes, as applicable, as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of the Notes or such Class of Notes, as applicable.

  • Other Rating Agency Discount Factor means the discount factors set forth in the Other Rating Agency Guidelines of each Other Rating Agency for use in calculating the Agency Discounted Value of the Company’s assets in connection with the Other Rating Agency’s rating of the MRP Shares.

  • Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.

  • NET INVESTMENT FACTOR The Net Investment Factor for each Sub-Account is determined by dividing A by B and subtracting C where: A is (i) the net asset value per share of the Investment Options or Portfolios of an Investment Option held by the Sub-Account for the current Valuation Period; plus

  • Liquidity Advance means a loan, advance, purchase or other similar action made by a Liquidity Provider pursuant to a Liquidity Agreement.

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • Class B Certificate Rate means, for any Interest Period with respect to the Class B Certificates, a per annum rate equal to LIBOR as of the LIBOR Determination Date for such Interest Period plus the Class B Certificate Rate Spread.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Preferred Shares.

  • Certificate Factor With respect to any Class of Regular Certificates as of any Distribution Date, a fraction, expressed as a decimal carried to six places, the numerator of which is the aggregate Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates on such Distribution Date (after giving effect to any distributions of principal and allocations of Realized Losses in reduction of the Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates to be made on such Distribution Date), and the denominator of which is the initial aggregate Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates as of the Closing Date.

  • Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.