Minimum Weighted Average Spread definition

Minimum Weighted Average Spread means the number set forth in the column entitled "Minimum Weighted Average Spread" in the Minimum Diversity/Maximum Weighted Average Rating/Minimum Weighted Average Spread Matrix based upon the applicable "row/column combination" chosen by the Asset Manager (or interpolating between two adjacent rows and/or two adjacent columns, as applicable) in accordance with this Indenture; provided that the Minimum Weighted Average Spread shall in no event be lower than 2.00%.

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Minimum Weighted Average Spread means 3.00%.

Minimum Weighted Average Spread. The number set forth in the column entitled “Minimum Weighted Average Spread” in the Asset Quality Matrix based upon the applicable “row/column combination” chosen by the Collateral Manager (or interpolating between two adjacent rows and/or two adjacent columns, as applicable) in accordance with Section 7.18(g).

Examples of Minimum Weighted Average Spread in a sentence

On or prior to the date on which the Ramp Amount is first achieved, the Collateral Manager shall elect the “row/column” combination of the Asset Quality Matrix that shall on and after such date apply to the Loans for purposes of determining compliance with the Minimum Weighted Average Spread Test, the Minimum Diversity Score Test and the Maximum Weighted Average Rating Factor Test, and shall provide notice of such election to the Administrative Agent.
For purposes of any test that refers to a Minimum Weighted Average Spread in the Asset Quality Matrix, the Collateral Manager shall choose such Minimum Weighted Average Spread and shall provide written notice of such designation to the Trustee on or before the related Determination Date (or, with respect to any other Measurement Date, the Trustee shall use the Minimum Weighted Average Spread previously designated by the Collateral Manager at least four Business Days prior to such Measurement Date).

More Definitions of Minimum Weighted Average Spread

Minimum Weighted Average Spread means the number set forth in the column entitled "Minimum Weighted Average Spread" in the Asset Quality Matrix based upon the applicable "row/column combination" chosen by the Collateral Manager (or interpolating between two adjacent rows and/or two adjacent columns, as applicable) in accordance with this Indenture.

Minimum Weighted Average Spread means 6.0%.

Minimum Weighted Average Spread means 5.75%.

Minimum Weighted Average Spread means, as of any date of determination, the percentage set forth in the Collateral Quality Table under the heading “Weighted Average Spread”, as most recently notified by the Servicer to the Trustee in accordance with this Agreement.

Minimum Weighted Average Spread means (a) for purposes of compliance with the Level 1 Portfolio Test, 5.25% and (b) for purposes of compliance with the Level 2 Portfolio Test 4.25%.

Minimum Weighted Average Spread as of any date of determination, means 4.50 4.25 per cent.”

Minimum Weighted Average Spread means the number set forth in the column