Portfolio Advance Rate definition

Portfolio Advance Rate means, as of any Measurement Date (or other applicable date), the ratio (expressed as a percentage) obtained by dividing:
Sample 1Sample 2Sample 3
Portfolio Advance Rate means the percentage equivalent of a fraction, the numerator of which is the Borrower Liabilities and the denominator of which is the Principal Collateralization Amount.
Sample 1Sample 2Sample 3
Portfolio Advance Rate means the percentage calculated by dividing (x) the Borrower Liabilities by (y) the Borrowing Base.
Sample 1Sample 2Sample 3

Examples of Portfolio Advance Rate in a sentence

  • Thereafter, any time the Portfolio Advance Rate Test must be determined, the Borrower or Servicer shall calculate the Portfolio Diversity Score at such time and determine the Maximum Advance Rate corresponding to such Portfolio Diversity Score in the Diversity Score Matrix.


More Definitions of Portfolio Advance Rate

Portfolio Advance Rate means the percentage calculated by dividing (x) the Borrower Liabilities by (y) the Borrowing Base. "Portfolio Exposure Amount" means, at any time, the excess (if any) of (x) the aggregate unfunded amounts in respect of all Revolving
Sample 1Sample 2
Portfolio Advance Rate means, without duplication, the percentage equivalent of a fraction, the numerator of which is (A) the aggregate outstanding amount of the Advances plus the Net Aggregate Exposure Amount and the denominator of which is (B) (x) the Principal Collateralization Amount plus, (y) the Net Aggregate Exposure Amount minus, (z) the Caa Adjustment.
Sample 1

Related to Portfolio Advance Rate

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Maximum Advance Rate means 80.0%.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Loans included in the Aggregate Net Collateral Balance, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Eligible Collateral Loan by (ii) such Eligible Collateral Loan’s contribution to the Aggregate Net Collateral Balance and dividing (b) such sum by the Aggregate Net Collateral Balance.

  • Maximum Advance Amount in respect of each Advance Notice means the greater of: (i) an amount equal to 100% of the average Daily Traded Amount during the five Trading Day immediately preceding an Advance Notice, or (ii) 5,000,000 Common Shares.