Applicable Collateral Percentage with respect to any Firm Collateral or Special Firm Collateral, has the meaning set forth in the books and records of the Partnership with respect thereto.
Applicable Collateral Percentage means:
Applicable Collateral Percentage means (i) for the first 120 days following the date such Eligible Mortgage Loan first becomes subject to the terms of this Agreement, with respect to each Advance:
Examples of Applicable Collateral Percentage in a sentence
There, the question presented to the jury was whether “[the rifle at issue] was unreasonably dangerous because the bolt-action design required that the rifle beplaced in the “fire” position, i.e., the safety-off position, before it could be unloaded.” Id. at 1310.
The Borrowers, the Lenders and the Agent have agreed, subject to the terms and conditions hereof, that the Existing Loan Agreement shall be amended to extend the termination date and revise the definitions of Applicable Collateral Percentage and Applicable Margin.
More Definitions of Applicable Collateral Percentage
Applicable Collateral Percentage means, except as may be reduced pursuant to Section 11.15 hereof, for any date of determination and each type of Eligible Mortgage Loan, the applicable collateral percentage specified in the table below: Type of Eligible Mortgage Loan Applicable Collateral Percentage Unseasoned Mortgage Loan 98% Second Lien Mortgage Loan 98% 30+ Delinquent Mortgage Loan 85% 60+ Delinquent Mortgage Loan 75% Wet-Ink Mortgage Loan 98% Defaulted Mortgage Loan the applicable BPO Percentage Discretionary Mortgage Loan the applicable percentage specified by the Agent one (1) Business Day prior to the applicable Funding Date
Applicable Collateral Percentage means, with respect to each Eligible Mortgage Loan, the applicable collateral percentage set forth in the chart below opposite the applicable type of Mortgage Loan: -------------------------------------------------------------- Applicable Collateral Type of Mortgage Loan Percentage -------------------------------------------------------------- Agency Eligible Mortgage Loan 97% -------------------------------------------------------------- Alternate `A' Mortgage Loan 96% -------------------------------------------------------------- Conduit Eligible Mortgage Loan 97% --------------------------------------------------------------
Applicable Collateral Percentage means with respect to each Advance:
Applicable Collateral Percentage means fifty percent (50%).
Applicable Collateral Percentage means, with respect to an Eligible Mortgage Loan,
Applicable Collateral Percentage means (a) with respect to all Eligible Mortgage Loans other than Delinquent Mortgage Loans and High LTV Mortgage Loans, 96%; (b) with respect to all High LTV Mortgage Loans, 94%; (c) with respect to all Eligible Mortgage Loans that are Delinquent Mortgage Loans, 90%;
Applicable Collateral Percentage means (a) with respect to all Eligible Mortgage Loans that can be readily deposited in a Standard Securitization Transaction, 85% to 88%, as determined by the Lender and (b) with respect to all Eligible Mortgage Loans that are not readily deposited in a Standard Securitization Transaction, as determined by the Lender on a case-by-case basis.