Weighted Average Class 2A Advance Rate definition
Weighted Average Class 2A Advance Rate means, as of any date of determination with respect to all Class 2A Loans included in the Aggregate Class 2A Net Collateral Balance, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Class 2A Loan by (ii) such Class 2A Loan’s contribution to the Aggregate Class 2A Net Collateral Balance and dividing (b) such sum by the Aggregate Class 2A Net Collateral Balance.
Weighted Average Class 2A Advance Rate means, as of any date of determination with respect to all Class 2A Loans included in the Aggregate Class 2A Net Collateral Balance, the quotient obtained by dividing (a) the sum of the products obtained by multiplying (i) the Advance Rate of each Class 2A Loan by (ii) such Class 2A Loan’s contribution to the Aggregate Class 2A Net Collateral Balance by (b) the Aggregate Class 2A Net Collateral Balance.