Yield Reserve Percentage means at any time of determination:
Yield Reserve Percentage means at any time: (BR+SFR) x l.5 x DSO 360 where: BR = the Base Rate computed for the most recent Settlement Period, DSO = Days’ Sales Outstanding, and SFR = the Servicing Fee Rate
Yield Reserve Percentage means, on any date, the product of (a) 1.5, multiplied by (b) the sum of (i) the Base Rate with respect to the most recent Yield Period and (ii) the Servicing Fee Rate, multiplied by (c) a fraction (i) the numerator of which is the highest Days’ Sales Outstanding for the twelve most recent calendar months and (ii) the denominator of which is 360.
Examples of Yield Reserve Percentage in a sentence
FMVD = Fair Market Value Discount, as measured on such Payment Date, which is equal to 1 minus the Yield Reserve Percentage.
More Definitions of Yield Reserve Percentage
Yield Reserve Percentage means at any time a fraction, expressed as a percentage, determined pursuant to the following formula:
Yield Reserve Percentage means at any time: where: PY = the Base Rate as of the last day of the most recent Settlement Period, TR = the Turnover Rate, and SFR = the Servicing Fee Rate
Yield Reserve Percentage means, at any time of determination (expressed as a percentage and rounded to the nearest 1/100th of 1.00%, with 5/1000th of 1.00% rounded upward):
Yield Reserve Percentage means, on any day for any percentage Interest, the ratio (expressed as a percentage) computed by dividing (i) the Yield Reserve related to such Percentage Interest by (ii) the Purchase Price for such Percentage Interest.
Yield Reserve Percentage means at any time: (BR+SFR) x 2.0 x DSO 360 where: BR = the Base Rate computed for the most recent Settlement Period, DSO = Days’ Sales Outstanding, and SFR = the Servicing Fee Rate Other Terms. All accounting terms not specifically defined herein shall be construed in accordance with GAAP. All terms used in Article 9 of the UCC in the State of Illinois, and not specifically defined herein, are used herein as defined in such Article 9. Unless the context otherwise requires, “or” means “and/or,” and “including” (and with correlative meaning “include” and “includes”) means including without limiting the generality of any description preceding such term.
Yield Reserve Percentage means, at any time of determination: 1.50 x DSO x (BR + SFR)
Yield Reserve Percentage means, at any time, a percentage equal to the product of (i) the Prime Rate as of such date divided by 360, (ii) 1.5 and (iii) the highest Portfolio Turnover over the most recent 12-months.