Row Advance Rate definition
Row Advance Rate means the applicable Row Advance Rate as set forth in the column of that name in the Matrix corresponding to the Applicable Row Level.
Row Advance Rate means the column of that name in the Collateral Quality Matrix.
Row Advance Rate means, (i) prior to the Commitment Termination Date, the applicable Row Advance Rate as set forth in the column of that name in the Matrix corresponding to the Applicable Row Level and (ii) on any date after the Commitment Termination Date, the Row Advance Rate shall equal zero.
More Definitions of Row Advance Rate
Row Advance Rate means, (i) prior to the Commitment Termination Date, the applicable Row Advance Rate as set forth in the column of that name in the Matrix corresponding to the Applicable Row Level; provided that (a) during the first twelve months of the Ramp-Up Period the Row Advance Rate shall equal 37.5% and (b) if the Ramp-Up Period has not ended prior to the end of such twelve month period, the Row Advance Rate shall equal 30.0% for the remainder of the Ramp-Up Period; and (ii) on any date after the Commitment Termination Date, the Row Advance Rate shall equal zero.
Row Advance Rate shall have the meaning specified in the Fee Letter.