Reference Obligation Percentage definition

Reference Obligation Percentage means the reference obligation percentage of each loan as described in Appendix A to the Preliminary PPM and Final PPM.
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Reference Obligation Percentage means, for each Reference Obligation, its relative weighting in the Portfolio, expressed as a percentage. The Reference Obligation Percentages for the Initial Portfolio are set forth in Schedule 1. The Reference Obligation Percentage for each Reference Obligation in the Portfolio from time to time will be the aggregate of the USD equivalent of all the Individual Default Swap Agreement Reference Obligation Notional Amounts for such Reference Obligation, expressed as a percentage of the Total Portfolio Notional Amount at such time; “Removal” has the meaning given thereto in Clause 11 (Removals);
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Reference Obligation Percentage. With respect to each Reference Obligation, the fixed percentage specified in Appendix IV for such Reference Obligation.
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Examples of Reference Obligation Percentage in a sentence

  • Any Cut-off Date LTV Ratio calculations presented in Appendix A to the Preliminary Term Sheet are based on the as-is appraised value of such mortgaged property, as set forth in Appendix A to the Preliminary PPM.For each Reference Obligation that has a Reference Obligation Percentage below 100% and has a Scaled Cut-Off Balance below the Cut-Off Date Loan Amount, such Reference Obligation represents a pari passu portion of the Cut-Off Date Loan Amount.

  • MULTIFAMILY SCR DEBT NOTES, SERIES 2017-MDN3 REFERENCE OBLIGATION PERCENTAGES Appendix IV - Reference Obligation Percentages Reference Obligation No. Number of Properties Reference Obligation Name Reference Obligation Percentage 1 1 Mima Apts.

  • Any Cut-off Date LTV Ratio calculations presented in Appendix A to the Preliminary Term Sheet are based on the as-is appraised value of such mortgaged property, as set forth in Appendix A to the Preliminary PPM.For each Reference Obligation that has a Reference Obligation Percentage below 100% and has a Scaled Cut-Off Balance below the Cut-Off Date Loan Amount, such Reference Obligation represents a pari passu portion of the Cut- Off Date Loan Amount.

Related to Reference Obligation Percentage

  • Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction:

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):