Minimum Dilution Reserve means, on any day, the product of (a) the sum of (i) the Aggregate Capital plus (ii) the LC Participation Amount, and (b)(i) the Minimum Dilution Reserve Percentage on such date divided by (ii) 100% minus the Minimum Dilution Reserve Percentage on such date.
Minimum Dilution Reserve means, on any day, an amount equal to (a) the Aggregate Capital plus the Adjusted LC Participation Amount at the close of business of the Servicer on such date multiplied by (b) (i) the Minimum Dilution Reserve Percentage divided by (ii) 100% minus the Minimum Dilution Reserve Percentage on such day.
Minimum Dilution Reserve means, at any time, the product (expressed as a percentage) of (a) the Expected Dilution Ratio and (ii) the Dilution Horizon Ratio.
More Definitions of Minimum Dilution Reserve
Minimum Dilution Reserve means, on any day, (a) the Minimum Dilution Reserve Percentage on such date divided by (b) 100% minus the Minimum Dilution Reserve Percentage on such date.
Minimum Dilution Reserve means, on any day, an amount equal to (a) the Aggregate Capital plus the LC Participation Amount on such date multiplied by (b) (i) the Minimum Dilution Reserve Percentage, divided by (ii) 100% minus the Minimum Dilution Reserve Percentage on such day.
Minimum Dilution Reserve means, on any day, an amount equal to (a) the Aggregate Capital plus the Adjusted LC Participation Amount at the close of business of the Servicer on such date multipliedby (b) (i) the Minimum Dilution Reserve Percentage dividedby (ii) 100% minus the Minimum Dilution Reserve Percentage on such day.
Minimum Dilution Reserve means, on any day, the product of (a) the sum of (i) the Aggregate Capital plus (ii) the Adjusted LC Participation Amount, and (b) the Minimum Dilution Reserve Percentage on such date.
Minimum Dilution Reserve means at any time, the product of (a) the Aggregate Capital plus, and (b)(i) the Minimum Dilution Reserve Percentage divided by (ii) 1 minus the Minimum Dilution Reserve Percentage.
Minimum Dilution Reserve means, on any day, the amount equal to (a) Net Receivables Pool Balance at such time, multiplied by (b) the Minimum Dilution Reserve Percentage.
Minimum Dilution Reserve means at any time, the product of (a) the Aggregate Capital plus the LC Participation Amount at the close of business of the Servicer on such date multiplied by (b)(i) the Minimum Dilution Reserve Percentage divided by (ii) 1 minus the Minimum Dilution Reserve Percentage.