Yield and Servicing Fee Reserve Percentage definition

Yield and Servicing Fee Reserve Percentage means at any time:
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Yield and Servicing Fee Reserve Percentage means, at any time, the product (expressed as a percentage) of (i) 1.5 times (ii) the Days Sales Outstanding for the most recent Monthly Period times (iii) the quotient of (a) the sum of (x) the Base Rate at such time and (b) the Servicing Fee Rate divided by (b) 360.
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Yield and Servicing Fee Reserve Percentage means, on any date, an amount equal to (i) the sum of the weighted average Base Rate for the most recent period plus 1.0%, multiplied by (ii) the product of 2.0 times the Turnover Rate, divided by (iii) 12.
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Examples of Yield and Servicing Fee Reserve Percentage in a sentence

  • Following this principle, the open-ended project is broken into smaller parts with assigned due dates.


More Definitions of Yield and Servicing Fee Reserve Percentage

Yield and Servicing Fee Reserve Percentage shall have the meaning given to such term in Annex A hereto.
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Yield and Servicing Fee Reserve Percentage means 2.00%.
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Related to Yield and Servicing Fee Reserve Percentage

  • Concentration Reserve Percentage means, at any time of determination, the largest of: (a) the sum of the five (5) largest Obligor Percentages of the Group D Obligors, (b) the sum of the three (3) largest Obligor Percentages of the Group C Obligors, (c) the sum of the two (2) largest Obligor Percentages of the Group B Obligors and (d) the largest Obligor Percentage of the Group A Obligors.

  • Servicing Fee Rate With respect to each Mortgage Loan, 0.50% per annum.

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.