Reserve Calculations Sample Clauses

Reserve Calculations. Loss Reserve: 25 Highest 3-m Avg. in Last 12-m % 26 Stress Factor 0 27 Loss Horizon Ratio 0.00 28 Loss Reserve Factor % 29 Reserve Floor % % 30 Reserve Amount $ — Dilution Reserve Factor : 31 Dilution Ratio % 32 3-m Avg. Dilution Ratio % 33 Expected Dilution Ratio % 34 Dilution Horizon Ratio 0.00 35 Dilution Volatility Factor % 36 Dilution Reserve Factor % Yield Reserve: 37 One-Month BTMU Libor % 38 Average Maturity 0.00 00 Xxxxx Xxxxxxx Xxxxxxxxxx % 00 Xxxxx Xxxxxxx $ — Servicer Fee Reserve: 41 Servicer Fee % 42 Servicer Fee Reserve $ — VIII. Computation of Asset Interest 43 CP Outstanding $ — 44 Loss Reserve Factor % 45 Dilution Reserve Factor % 00 Xxxxx Xxxxxxx % 47 Servicer Fee Reserve 0 48 Net Pool Balance 0 49 Asset Interest 0.00 % Max borrowing —
Sample 1
AutoNDA by SimpleDocs
Reserve Calculations. The Administrator shall perform all calculations of reserves in connection with the Policy and shall furnish reserve information to the Company at such times requested by the Company and in such format agreed to by the Company and the Administrator.
Sample 1
Reserve Calculations. Reserves for liabilities arising out of, in connection with or relating to the Reinsured Liabilities shall initially be calculated by Administrator on behalf of the Company within thirty (30) days following the end of each calendar quarter (or other mutually agreed time) and supplied to the Company within such time frames as set forth in this Agreement and the Reinsurance Agreement; provided, however, if the Company conducts its own calculation of such reserves and the same deviates from Administrator’s calculation of such reserves by ten percent (10%) or more, the parties shall mutually appoint a neutral actuary or appraiser to investigate and calculate the reserves for liabilities arising out of, in connection with or relating to the Reinsured Liabilities. The determination of such reserves by the neutral actuary or appraiser cannot exceed the higher of the parties’ respective reserve calculations forming the basis of the dispute or be less than the lower of the parties’ respective reserve calculations forming the basis of the dispute. Subject to the preceding sentence, the reserve calculation issued by the neutral actuary or appraiser shall be binding on the parties and shall be controlling until the next quarterly (or other mutually agreed time) reserves calculation, which shall be calculated subject to this Section 2.10.
Sample 1
Reserve Calculations. Loss Reserve 27 Loss Ratio 28 Loss Reserve Stress Factor 29 Loss Horizon Ratio 30 Required Reserve Xxxxxx Xxxxx 00 Xxxx Xxxxxxx % Dilution Reserve 32 Dilution Reserve Stress Factor 33 Dilution Ratio 34 3-m Avg. Dilution Ratio 35 Dilution Spike 36 Adjusted Dilution Ratio 37 Dilution Horizon Ratio 38 Dilution Volatility Ratio 39 Dilution Reserve Floor 40 Dilution Reserve % Yield Reserve 41 Days Sales Outstanding 42 12M High DSO 43 Prime 44 Yield Reserve % Servicing Reserve 45 12M High DSO 46 Servicing Reserve %
Sample 1
Reserve Calculations. Yield Reserve Calculation
Sample 1

Related to Reserve Calculations

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Calculations; Computations (a) The financial statements to be furnished to the Lenders pursuant hereto shall be made and prepared in accordance with U.S. GAAP consistently applied throughout the periods involved (except as set forth in the notes thereto); provided that except as otherwise specifically provided herein, all computations of the Applicable Margin shall utilize U.S. GAAP and policies in conformity with those used to prepare the audited financial statements of the Borrower referred to in Section 8.05(a)(i) for the fiscal year of the Borrower ended December 31, 2012; provided further, that if the Borrower notifies the Administrative Agent that the Borrower wishes to amend any leverage calculation or any financial definition used therein to implement the effect of any change in U.S. GAAP or the application thereof occurring after the Closing Date on the operation thereof (or if the Administrative Agent notifies the Borrower that the Required Lenders wish to amend any leverage test or any financial definition used therein for such purpose), then the Borrower and the Administrative Agent shall negotiate in good faith to amend such leverage test or the definitions used therein (subject to the approval of the Required Lenders) to preserve the original intent thereof in light of such changes in U.S. GAAP; provided, further that all determinations made pursuant to any applicable leverage test or any financial definition used therein shall be determined on the basis of U.S. GAAP as applied and in effect immediately before the relevant change in U.S. GAAP or the application thereof became effective, until such leverage test or such financial definition is amended. Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made, without giving effect to Statement of Financial Accounting Standards 141R or ASC 805 (or any other financial accounting standard having a similar result or effect).

  • Pro Forma Calculations Notwithstanding anything to the contrary herein (subject to Section 1.02(j)), the First Lien Net Leverage Ratio, the Total Net Leverage Ratio and the Fixed Charge Coverage Ratio and Consolidated Net Tangible Assets shall be calculated (including for purposes of Sections 2.14 and 2.15) on a Pro Forma Basis with respect to each Specified Transaction occurring during the applicable four quarter period to which such calculation relates, and/or subsequent to the end of such four-quarter period but not later than the date of such calculation; provided that notwithstanding the foregoing, when calculating the First Lien Net Leverage Ratio for purposes of (i) determining the applicable percentage of Excess Cash Flow for purposes of Section 2.05(b), (ii) the Applicable Rate, (iii) the Applicable Commitment Fee and (iv) determining actual compliance (and not Pro Forma Compliance or compliance on a Pro Forma Basis) with the Financial Covenant, any Specified Transaction and any related adjustment contemplated in the definition of Pro Forma Basis (and corresponding provisions of the definition of Consolidated EBITDA) that occurred subsequent to the end of the applicable four quarter period shall not be given Pro Forma Effect. For purposes of determining compliance with any provision of this Agreement which requires Pro Forma Compliance with the Financial Covenant, (x) in the case of any such compliance required after delivery of financial statements for the fiscal quarter ending on or about June 30, 2014, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter most recently then ended for which financial statements have been delivered (or were required to have been delivered) in accordance with Section 6.01, or (y) in the case of any such compliance required prior to the delivery referred to in clause (x) above, such Pro Forma Compliance shall be determined by reference to the maximum First Lien Net Leverage Ratio permitted for the fiscal quarter ending June 30, 2014. With respect to any provision of this Agreement (other than the provisions of Section 6.02(a) or Section 7.08) that requires compliance or Pro Forma Compliance with the Financial Covenant, such compliance or Pro Forma Compliance shall be required regardless of whether the Lux Borrower is otherwise required to comply with such covenant under the terms of Section 7.08 at such time. For purposes of making any computation referred to above:

  • Financial Calculations (a) All financial calculations to be made under, or for the purposes of, this Agreement and any other Transaction Document shall be determined in accordance with the Accounting Principles and, except as otherwise required to conform to any provision of this Agreement, shall be calculated from the then most recently issued quarterly financial statements, prepared on a consolidated basis, which the Borrower is obligated to furnish to IFC under Section 6.03 (a) (Reporting Requirements).

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Additional Reserve Requirements The Company shall pay (or cause the applicable Designated Borrower to pay) to each Lender, (i) as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Eurocurrency Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), and (ii) as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

  • Currency Calculations All financial statements and Compliance Certificates shall be set forth in Dollars. For purposes of preparing the financial statements, calculating financial covenants and determining compliance with covenants expressed in Dollars, Optional Currencies shall be converted to Dollars in accordance with GAAP.

Time is Money Join Law Insider Premium to draft better contracts faster.