Loss Rate definition

Loss Rate. With respect to each Quarterly Determination Date during the Revolving Period, for all Dealers with Dealer Loans constituting Collateral, the ratio (expressed as a percentage) at any time the same is to be determined, where (i) the numerator of which is equal to the Cash Advance Loss at such time, if any, and (ii) the denominator of which is equal to the sum of Credit Acceptance’s original cash advances for all Dealer Loans and all of its other dealer loans not pledged hereunder at such time.

Loss Rate. With respect to each Quarterly Determination Date during the Revolving Period, for all dealers, the ratio (expressed as a percentage) at any time the same is to be determined, where (i) the numerator of which is equal to the Cash Advance Loss at such time, if any, and (ii) the denominator of which is equal to the sum of Credit Acceptance’s original cash advances for all dealer loans.

Loss Rate means in relation to a Collection Period, the percentage equivalent of (a) the sum of (i) the aggregate Collateral Losses, (ii) aggregate Negative Adjustments and (iii) aggregate Principal Deficiencies, in each case for that Collection Period, multiplied by (b) 12, divided by (c) the BOP Receivables Balance.

Examples of Loss Rate in a sentence

SBA will work with the securitizer to verify the accuracy of the data used to make the Loss Rate calculation.(c) PLP Privilege Suspension.
Loss Rate for a given Generating Unit location in a given hour shall equal the product of (i) the Full Marginal Loss Rate for each Generating Unit location and hour, and (ii) the Loss Scale Factor for such hour.
The ISO shall calculate the Generation Meter Multiplier for each Generating Unit location in a given hour by subtracting the Scaled Marginal Loss Rate from 1.0.
Credit Loss Rate = $50 (carried over net credit losses) + $3,000 (Net Credit Losses)$900,000 (Refund Eligible Net Charge Volume) Credit Loss Rate = 0.0034 2.
The Expected Primary Losses for a classification are determined by multiplying the Primary Expected Loss Rate for the classification by the employer payroll for the classification.

Loss Rate means, with respect to each Financing Contract, the loss rate set forth on Annex B to the Agreement, as determined by reference to the Credit Classification and Market Segment of such Financing Contract (as determined as of the date such Financing Contract was credit approved).

Loss Rate. As defined in the Multi-Party Agreement.

Loss Rate means, with respect to a Loan Category, the quotient of (a) the total dollar amount of principal of all Loans in such Loan Category charged off during the prior [***] (net of recoveries), divided by (b) the weighted average principal amount of all Loans and Loan Advances within such Loan Category outstanding during the prior [***]. The Loss Rate for a Loan Category will be calculated each quarter, not more than sixty (60) days following the end of the quarter, by reference to the twelve (12) complete months ending with the quarter then ended, and the newly calculated Loss Rate shall be effective on the first Business Day of the subsequent quarter. The figures used to calculate the Loss Rate shall include loans originated under the Prior Program.

Loss Rate has the meaning set forth in Section 2.2(f) of the Canadian Purchase and Sale Agreement.

Loss Rate means a percentage established from time to time by the Originator and Buyer and specified in the Funding Report delivered in the month preceding such Monthly Period that reflects the anticipated loss rate with respect to the Receivables to be sold in such Monthly Period or, in the event the Originator and Buyer do not establish a new Loss Rate for any Monthly Period, the Loss Rate that was in effect for the prior Monthly Period. The Loss Rate for the first Monthly Period shall be 0.10%. “Profit Discount” means 0.25%.

Loss Rate. At any time of determination, the aggregate principal amount of the SBA Lender's 7(a) Loans (a) Loans disbursed by the SBA Lender during the period. SBA will determine the Loss Rate in effect on the date of the parties' execution and delivery of this Agreement. Thereafter, solely for purposes of the transactions contemplated by the Transaction Documents, SBA Lender will be responsible for calculating the Loss Rate in effect at any time, subject to SBA's determination that the Loss Rate is different than that calculated by SBA Lender. SBA Lender will deliver to SBA on each anniversary of the Closing Date, and at any other time SBA requests, a certificate showing its calculation of the Loss Rate then in effect. SBA will work with SBA Lender to verify the accuracy of the data used to make the Loss Rate calculation.

Loss Rate means, with respect to any Due Period, the fraction (expressed as a percentage) with respect to which the numerator shall equal the Losses for such Due Period minus any recoveries of principal with respect to Losses incurred the current or any prior Due Period, and for which the denominator shall be the weighted average of the aggregate Amount Financed of all Contracts outstanding on each day during such Due Period, in each case as expressed in the currency of the United Kingdom.