S&P CDO Monitor BDR means the value calculated using the formula provided in the S&P CDO Monitor Input File.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Borrower’s portfolio: S&P CDO Monitor BDR = C0 + (C1 * Weighted Average Spread) + (C2 * Weighted Average S&P Recovery Rate), where C0 = 0.192813, C1 = 2.672953 and C2 = 1.271946. C0, C1 and C2 will not change unless S&P provides an updated S&P CDO Monitor Input File at the request of the Services Provider following the Closing Date.
S&P CDO Monitor BDR. As of any date of determination, the rate equal to the sum of (A) 0.2135750.092305, (B) the product of (x) 2.9429612.838463 and (y) the Weighted Average Floating Spread and (C) the product of (x) 1.1389791.265387 and (y) the Weighted Average S&P Recovery Rate.
More Definitions of S&P CDO Monitor BDR
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Issuer’s portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * Weighted Average S&P Recovery Rate), where C0= 0.094360, C1= 4.167221, and C2= 1.079717; provided that solely for the purposes of this definition, (i) the Weighted Average Floating Spread shall be determined using an Aggregate Excess Funded Spread deemed to be zero and (ii) clause (b)(ii) of the definition of “Weighted Average Floating Spread” shall be disregarded.
S&P CDO Monitor BDR means the value calculated using the formula provided by S&P at closing:S&P CDO Monitor BDR = C0 + (C1 * S&P Weighted Average Spread) + (C2 * S&P Weighted Average Recovery Rate3).C0, C1 and C2 will not change unless S&P provides updated co-efficients at the request of the Collateral Manager following the Issue Date. As at the Issue Date, C0, C1 and C2 have the following values: C0 = 0.229807995013721; C1 = 3.27846490074381 and C2 = 0.950324539133792.
S&P CDO Monitor BDR. The meaning specified in Schedule 6 hereto.
S&P CDO Monitor BDR. The value calculated using the following formula relating to the Issuer’s portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * S&P Weighted Average Recovery Rate), where: C0= 0.067676, C1= 2.434730 and C2= 1.270629.
S&P CDO Monitor BDR. " means the value calculated using the following formula relating to the Issuer's portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * S&P Weighted Average Recovery Rate), where C0= 0.000034, C1= 3.326093, and C2= 1.197557.
S&P CDO Monitor BDR. " means the value calculated using the following formula relating to the Issuer's portfolio: C0 + (C1 * Weighted Average Spread) + (C2 * Weighted Average S&P Recovery Rate), where: C0= 0.071141, C1= 3.634093 and C2= 1.053196.
S&P CDO Monitor BDR. The value calculated using the following formula relating to the Issuer’s portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * S&P Weighted Average Recovery Rate), where C0 = 0.382377, C1 = 1.879133 and C2 = 0.840716.