S&P Rating Factor definition

S&P Rating Factor. With respect to each Collateral Obligation, the rating factor determined in accordance with the table below opposite the S&P Rating of such Collateral Obligation. AAA 13.51 AA+ 26.75 AA 46.36 AA- 63.90 A+ 99.50 A 146.35 A- 199.83 BBB+ 271.01 BBB 361.17 BBB- 540.42 BB+ 784.92 BB 1233.63 BB- 1565.44 B+ 1982.00 B 2859.50 B- 3610.11 CCC+ 4641.40 CCC 5293.00 CCC- 5751.10 CC or lower or SD 10,000 The Xxxxx’x Equivalent Diversity Score is calculated as follows:

S&P Rating Factor means, for each Collateral Loan, the number set forth to the right of the applicable S&P Rating of such Collateral Loan: AAA 13.51 AA+ 26.75 AA 46.36 AA- 63.90 A+ 99.50 A 146.35 A- 199.83 BBB+ 271.01 BBB 361.17 BBB- 540.42 BB+ 784.92 BB 1233.63 BB- 1565.44 B+ 1982.00 B 2859.50 B- 3610.11 CCC+ 4641.40 CCC 5293.00 CCC- 5751.10 CC 10,000.00

S&P Rating Factor means, for each Collateral Loan, the number set forth to the right of the applicable S&P Rating of such Collateral Loan:

Examples of S&P Rating Factor in a sentence

• The value calculated by multiplying the Principal Balance for each S&P CLO Specified Asset by the absolute value of the difference between the S&P Rating Factor and the S&P Weighted Average Rating Factor, then summing the total for the portfolio, then dividing this result by the Aggregate Principal Balance of the S&P CLO Specified Assets.

• With respect to all Collateral Obligations with an S&P Rating of “CCC-” or higher, (i) the sum of the product of (x) the principal balance of each such Collateral Obligation and (y) the S&P Rating Factor divided by (ii) the Aggregate Principal Balance for all such Collateral Obligations.

• The value calculated by multiplying the Principal Balance for each S&P CLO Specified Asset by the absolute value of the difference between the S&P Rating Factor for such S&P CLO Specified Asset and the S&P Weighted Average Rating Factor, then summing the total for the portfolio, then dividing this result by the Aggregate Principal Balance of the S&P CLO Specified Assets.

• The number (rounded up to the nearest whole number) determined by: (a) summing the products of (i) the Principal Balance of each Collateral Obligation (excluding Equity Securities) multiplied by (ii) the S&P Rating Factor of such Collateral Obligation and (b) dividing such sum by the Principal Balance of all such Collateral Obligations.

• The value calculated by the Collateral Manager by multiplying the Principal Balance of each S&P CLO Specified Asset by the S&P Rating Factor of such S&P CLO Specified Asset, then summing the total for the portfolio, and then dividing this result by the Aggregate Principal Balance of all of the S&P CLO Specified Assets.

More Definitions of S&P Rating Factor

S&P Rating Factor. With respect to each Collateral Obligation, it is the number set forth in the table below opposite the S&P Rating of such Collateral Obligation.

S&P Rating Factor. With respect to each Collateral Obligation, the rating factor determined in accordance with the table below opposite the S&P Rating of such Collateral Obligation. The Xxxxx’x Equivalent Diversity Score is calculated as follows:

S&P Rating Factor means, with respect to a S&P Eligible Asset specified below, the following applicable number:

S&P Rating Factor. The meaning specified in Schedule 6 hereto.

S&P Rating Factor. With respect to each Collateral Obligation, the rating factor determined in accordance with the table set forth in Section 3 of Schedule 3 using such Collateral Obligation’s S&P Global Ratings’ credit rating.

S&P Rating Factor means, with respect to each Collateral Loan, the rating factor determined in accordance with the table in Section 3 of Schedule C using such Collateral Loan's S&P Global Ratings' credit rating.

S&P Rating Factor means, for each Collateral Obligation (with an S&P Rating of “CCC-” or higher), a number set forth to the right of the applicable S&P Rating Below, which table may be adjusted from time to time by S&P: