S&P CDO Monitor SDR definition

S&P CDO Monitor SDR means the percentage derived from the following equation: 0.329915 + (1.210322 * EPDR) – (0.586627 * DRD) + (2.538684 /ODM) + (0.216729 / IDM) + (0.0575539 / RDM) – (0.0136662 * WAL), where EPDR is the S&PExpected Portfolio Default Rate; DRD is the S&P Default Rate Dispersion; ODM is the S&P Obligor Diversity Measure; IDM is the S&P Industry Diversity Measure; RDM is the S&P Regional Diversity Measure; and WAL is the S&P Weighted Average Life.
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S&P CDO Monitor SDR means the percentage derived from the following equation:
Sample 1Sample 2Sample 3
S&P CDO Monitor SDR means the percentage derived from the following equation: 0.329915 + (1.210322 * EPDR) – (0.586627 * DRD) + (2.538684 /ODM) + (0.216729 / IDM) +
Sample 1Sample 2Sample 3

Examples of S&P CDO Monitor SDR in a sentence

  • With respect to the Highest Ranking S&P Class, at any time, the rate calculated by subtracting the S&P CDO Monitor SDR at such time for such Class of Notes from the S&P CDO Monitor Adjusted BDR for such Class of Notes at such time.

  • With respect to the Highest Ranking S&P Class (for which purpose Pari Passu Classes will be treated as a single class), at any time, the rate calculated by subtracting the S&P CDO Monitor SDR for such Class of Notes at such time from the S&P CDO Monitor Adjusted BDR for such Class of Notes at such time.

  • The S&P CDO Monitor Test shall or (b) during an S&P CDO Monitor Formula Election Period (if any), the S&P CDO Monitor Adjusted BDR is equal to or greater than the S&P CDO Monitor SDR.

  • A test that will be satisfied on any date of determination on or after the Effective Date and during the Reinvestment Period if, after giving effect to the purchase of a Collateral Obligation, the S&P CDO Monitor Adjusted BDR is equal to or greater than the S&P CDO Monitor SDR.

  • A test that will be satisfied on any date of determination during the Reinvestment Period if, after giving effect to the purchase of a Collateral Obligation, the S&P CDO Monitor Adjusted BDR is equal to or greater than the S&P CDO Monitor SDR.


More Definitions of S&P CDO Monitor SDR

S&P CDO Monitor SDR. The rate equal to:
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S&P CDO Monitor SDR means the percentage derived from the following equation: 0.247621+ (SPWARF/9162.65) – (DRD/16757.2) -(ODM/7677.8) - (IDM/2177.56) - (RDM/34.0948) +(WAL/27.3896), where SPWARF is the S&P Weighted Average Rating Factor; DRD is the S&P Default Rate Dispersion; ODM is the S&P Obligor Diversity Measure; IDM is the S&P Industry Diversity Measure; RDM is the S&P Regional Diversity Measure; and WAL is the S&P Weighted Average Life.
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S&P CDO Monitor SDR. The meaning specified in Schedule 6 hereto.
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S&P CDO Monitor SDR. The percentage derived from the following equation: 0.247621 + (S&P XXXX / 9162.65) – (DRD / 16757.2) - (ODM / 7677.8) - (IDM / 2177.56) - (RDM / 34.0948) + (WAL / 27.3896), where S&P XXXX is the Weighted Average S&P Rating Factor; DRD is the S&P Default Rate Dispersion; ODM is the S&P Obligor Diversity Measure; IDM is the S&P Industry Diversity Measure; RDM is the S&P Regional Diversity Measure; and WAL is the S&P Weighted Average Life.
Sample 1
S&P CDO Monitor SDR means the percentage derived from the following equation: 0.329915 + (1.210322 * EPDR) – (0.586627 * DRD) + (2.538684 /ODM) + (0.216729 / IDM) + (0.0575539 / RDM) – (0.0136662 * WAL),
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S&P CDO Monitor SDR. The meaning specified in Schedule 4.
Sample 1
S&P CDO Monitor SDR means the percentage derived from the following
Sample 1