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: Diversity Score (x) Maximum Portfolio Advance Rate x < 5.0 0% 5.0 ≤ x < 10.0 30% 10.0 ≤ x < 15 50% x ≥ 15.0 65%
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, on any date of determination, the highest applicable number set forth on the following table: Diversity Score Maximum Portfolio Advance Rate Less than 4 0% At least 4 and less than 7 27% At least 7 and less than 10 40.5% At least 10 and less than 15 54% At least 15 67.5%

More Definitions of Maximum Portfolio Advance Rate

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: Diversity Score Case A Case B Less than or equal to 6 (x) During the Revolving Period, 0% and (y) after the Revolving Period, 40.0% (x) During the Revolving Period, 0% and (y) after the Revolving Period, 40.0% Greater than 6 but less than or equal to 8 60.0% 60.0% Greater than 8 but less than or equal to 11 67.5% 67.5% Greater than 11 but less than or equal to 15 70.0% 70.0% Greater than 15 75.0% 72.5% Case B will apply on any date of determination on which the Weighted Average Spread is greater than 5.00% and less than or equal to 5.50%; and Case A will apply on any date of determination on which the Weighted Average Spread is greater than 5.50%.
Maximum Portfolio Advance Rate means: Diversity Score Maximum Portfolio Advance Rate 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 %
Maximum Portfolio Advance Rate means seventy-two and one-half percent (72.5%).
Maximum Portfolio Advance Rate means, (i) other than during the Post-Pricing Period, 70% and (ii) at any time during 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 sixty percent (60%).
Maximum Portfolio Advance Rate means, as of any date of determination, (i) during the Revolving Period, the advance rate corresponding to the Diversity Score of the Loan Assets included in the Collateral as of such date, as set forth below and (ii) thereafter, the Weighted Average Advance Rate as of such date: