Target Overcollateralization Percentage definition

Target Overcollateralization Percentage means 3.50%.
Target Overcollateralization Percentage means 8.0%
Target Overcollateralization Percentage means [***]%. "Tax" (and, with correlative meaning, "Taxes" and "Taxable") means:

Examples of Target Overcollateralization Percentage in a sentence

  • A Prorata Payment Event occurring as a result of clause (i) above shall continue until the Post-Additional Principal Payment Overcollateralization Percentage is equal to the greater of 18.50% and the Target Overcollateralization Percentage.


More Definitions of Target Overcollateralization Percentage

Target Overcollateralization Percentage means, for any Distribution Date, 35%.
Target Overcollateralization Percentage means 3.70%.
Target Overcollateralization Percentage means [***]%.
Target Overcollateralization Percentage means 19.50%. "Tax" (and, with correlative meaning, "Taxes" and "Taxable") means: [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause competitive harm to the company if publicly disclosed.
Target Overcollateralization Percentage means, with respect to any Payment Date, a fraction, expressed as a percentage, the numerator of which is the product of (A) 3% and (B) the sum of the aggregate Cut-Off Date Loan Balances of the Initial Timeshare Loans and the Prefunding Loan Balance on the Closing Date, and the denominator of which is the Aggregate Loan Balance calculated as of the last day of the related Due Period.
Target Overcollateralization Percentage means 10.00%.
Target Overcollateralization Percentage means 6.95%.