S&P Recovery Rate Matrix definition

S&P Recovery Rate Matrix means the S&P Recovery Rate Matrix set forth on Schedule E.
Sample 1Sample 2Sample 3
S&P Recovery Rate Matrix means a recovery rate between 40% and 65% (in increments of 05%).
Sample 1Sample 2Sample 3
S&P Recovery Rate Matrix means the following matrix:
Sample 1Sample 2

More Definitions of S&P Recovery Rate Matrix

S&P Recovery Rate Matrix means a recovery rate between [ ]% and [ ]% (in increments of 0.01%). As of the First Refinancing Date, the Asset Manager elects the following Weighted Average S&P Recovery Rate: [ ]%.
Sample 1Sample 2
S&P Recovery Rate Matrix means a recovery rate for the Loans between 33% and 55% (in increments of 0.05%) as determined by the Services Provider in its reasonable discretion.
Sample 1Sample 2
S&P Recovery Rate Matrix means a recovery rate between 20.0% and 100.0% (in increments of 0.01%). Unless the Asset Manager otherwise notifies S&P in writing on or prior to the First Refinancing Date, as of the First Refinancing Date the Asset Manager will elect the following Weighted Average S&P Recovery Rate: 37.82%.
Sample 1

Related to S&P Recovery Rate Matrix

  • S&P Recovery Rate With respect to a Collateral Obligation, the recovery rate set forth in Section 1 of Schedule 4 using the Initial Rating of the most senior Class of Secured Notes Outstanding at the time of determination.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Pricing Grid the pricing grid attached hereto as Annex A.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.