S&P Recovery Rate Matrix means the S&P Recovery Rate Matrix set forth on Schedule E.
S&P Recovery Rate Matrix means a recovery rate between 40% and 65% (in increments of 05%).
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.
More Definitions of S&P Recovery Rate Matrix
S&P Recovery Rate Matrix means the following 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: [ ]%.
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%.