Maximum Portfolio Advance Rate definition
Maximum Portfolio Advance Rate means, as of any date of determination, the advance rate corresponding to the Diversity Score of the Eligible Loan Assets included in the Collateral as of such date, as set forth below:
Maximum Portfolio Advance Rate means (a) if the Diversity Score is less than 15, 62%, (b) if the Diversity Score is greater than or equal to 15 and less than 20, 63%, (c) if the Diversity Score is greater than or equal to 20 and less than 25, 64% and (d) if the Diversity Score is greater than or equal to 25, 65%.
Maximum Portfolio Advance Rate means seventy-two and one-half percent (72.5%).
More Definitions of Maximum Portfolio Advance Rate
Maximum Portfolio Advance Rate means, on any date of determination, the highest applicable number set forth on the following table:
Maximum Portfolio Advance Rate means: provided that, Case B shall apply on any date of determination on which the Weighted Average Spread is greater than 5.25% and less than or equal to 5.75%; and Case A shall apply on any date of determination on which the Weighted Average Spread is greater than 5.75%.
Maximum Portfolio Advance Rate means sixty percent (60%).
Maximum Portfolio Advance Rate means, (i) other than during the Post-Pricing Period, 70% and (ii) at any time following the Post-Pricing Period (or such earlier date as agreed by the Facility Agent, in its sole discretion), the lesser of (x) 75% and (y) the Attachment Point.
Maximum Portfolio Advance Rate means during the Ramp Period, if the Diversity Score is less than 6, then 30.0% and otherwise 62.5%.
Maximum Portfolio Advance Rate means, as of any date of determination, the lower of (i) the Portfolio Weighted Average Advance Rate and (ii) the applicable Weighted average Advance Rate on such date of determination set forth below:
Maximum Portfolio Advance Rate means: Any score for 120 days after the Effective Date 50.0 % Greater than or equal to 6 but less than or equal to 10 60.0 % Greater than 10 but less than or equal to 15 62.5 % Greater than 15 but less than or equal to 20 65.0 % Greater than 20 67.5 %