Market Servicing Fee Differential means, on any date of determination, an amount equal to the positive difference between the Market Servicing Fee and Servicing Fee.
Market Servicing Fee Differential. On any date of determination, an amount equal to the excess, if any, of the Market Servicing Fee over the Servicing Fee.
Market Servicing Fee Differential means on any date of determination, an amount equal to the positive difference between the Market Servicing Fee and Servicing
More Definitions of Market Servicing Fee Differential
Market Servicing Fee Differential means, on any date of determination, an amount equal to the excess, if any, of the Market Servicing Fee over the Servicing Fee.
Market Servicing Fee Differential means, on any date of determination, an amount equal to the positive difference between the Market Servicing Fee and Servicing Fee. “Material Adverse Change” means, with respect to any Person, any material adverse change in the business, condition (financial or otherwise), operations, performance, properties or prospects of such Person. “Material Adverse Effect” means with respect to any event or circumstance, a material adverse effect on (a) the business, condition (financial or otherwise), operations, performance, properties or prospects of the Servicer or the Borrower, (b) the validity, enforceability or collectibility of this Agreement or any other Transaction Document or any Liquidity Agreement or the validity, enforceability or collectibility of the Loans, (c) the rights and remedies of the Administrative Agent or any Secured Party under this Agreement or any Transaction Document or any Liquidity Agreement or (d) the ability of the Borrower or the Servicer to perform its obligations under this Agreement or any other Transaction Document, or (e) the status, existence, perfection, priority, or enforceability of the Administrative Agent’s or Secured Parties’ interest in the Collateral. “Maturity Date” means the date that is two years after the Termination Date. The Advances Outstanding will be due and payable in full on the Maturity Date. “Maximum Lawful Rate” is defined in Section 2.6(d). “Mezzanine Loan” means any assignment of, or participation interest or other interest in, a Loan that is not a First Lien Loan or a Second Lien Loan. “Monthly Report” is defined in Section 7.11(a). “Moody’s” means Xxxxx’x Investors Service, Inc., and any successor thereto. “Moody’s Industry Classifications” means the classifications as set forth in Exhibit N. The classification under which an Eligible Loan is categorized shall be determined on the date of origination, and may be updated from time to time thereafter, in the reasonable discretion of the Borrower. “Multiemployer Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA that is or was at any time during the current year or the immediately preceding five years contributed to by the Borrower or any ERISA Affiliate on behalf of its employees. “Net Worth” means, with respect to the Performance Guarantor, the total of net assets (determined in accordance with GAAP) plus Subordinated Debt (determined in accordance with GAAP, but excluding for purposes of testing compliance with Section 7.18(x...
Market Servicing Fee Differential means, on any date of determination, an amount equal to the positive difference between the Market Servicing Fee and Servicing Fee. “Material Adverse Change” means, with respect to any Person, any material adverse change in the business, condition (financial or otherwise), operations, performance,