Advance Rate has the meaning assigned to such term in Section 5.13.
Advance Rate shall have the meaning ascribed to such term in the Lead Securitization Servicing Agreement.
Examples of Advance Rate in a sentence
The minimum amount to be paid by the Producer when Eligible Agricultural Products on which an Advance has been made are sold or disposed of shall be no less than the Advance Rate for the Eligible Agricultural Product in effect at the time the Advance was issued to the Producer multiplied by the number of Production Units sold or disposed of.
More Definitions of Advance Rate
Advance Rate means a per annum rate equal to the Prime Rate as published in the "Money Rates" section of The Wall Street Journal from time to time or such other publication as determined by the Trustee in its reasonable discretion.
Advance Rate means, as to any Portfolio Investment and subject to adjustment as provided in this Section 5.13, the following percentages with respect to such Portfolio Investment: Portfolio Investment Quoted Unquoted Cash, Cash Equivalents and Short-Term U.S. Government Securities 100 % N/A Long-Term U.S. Government Securities 95 % N/A Performing First Lien Bank Loans 85 % 75 % Performing Unitranche Loans 80 % 70 % Performing Second Lien Bank Loans 75 % 65 % Performing Cash Pay High Yield Securities 70 % 60 % Performing Cash Pay Mezzanine Investments 65 % 55 % Performing Non-Cash Pay High Yield Securities 60 % 50 % Performing Non-Cash Pay Mezzanine Investments 55 % 45 % Non-Performing First Lien Bank Loans 45 % 45 % Non-Performing Unitranche Loans 40 % 40 % Non-Performing Second Lien Bank Loans 40 % 30 % Non-Performing High Yield Securities 30 % 30 % Non-Performing Mezzanine Investments 30 % 25 % Performing Common Equity (and zero cost or xxxxx warrants with performing debt) 30 % 20 % Non-Performing Common Equity 0 % 0 % Structured Finance Obligations and Finance Leases 0 % 0 %
Advance Rate. As defined in Section 3.23(d).
Advance Rate is eighty percent (80.0%), net of any offsets related to each specific Account Debtor, or such other percentage as Bank establishes under Section 2.1.1 of this Agreement.
Advance Rate means, with respect to a Loan Facility, the rate specified in Section 5.C. of the Loan Authorization Agreement for each category of Primary Collateral except for Export-Related General Intangibles and Other Collateral. Unless otherwise set forth in writing by Ex-Im Bank, in no event shall the Advance Rate exceed (i) ninety percent (90%) for Eligible Export-Related Accounts Receivable, (ii) seventy five percent (75%) for Eligible Export-Related Inventory, (iii) seventy percent (70%) for Eligible Export-Related Overseas Accounts Receivable or (iv) sixty percent (60%) for Eligible Export-Related Overseas Inventory and (v) twenty five percent (25%) for Retainage Accounts Receivable.
Advance Rate means, on any Distribution Date, the ratio, expressed as a percentage, where the numerator is equal to the Aggregate Note Balance and the denominator is equal to the Collateral Amount.
Advance Rate means a per annum rate equal to the Prime Rate as published in the “Money Rates” section of The Wall Street Journal from time to time. If The Wall Street Journal ceases to publish the “prime rate,” then the Trustee shall select an equivalent publication that publishes such “prime rate”; and if such “prime rate” is no longer generally published or is limited, regulated or administered by a governmental or quasi-governmental body then the Trustee shall select a comparable interest rate index. In either case, such selection shall be made by the Trustee in its reasonable discretion and the Trustee shall notify the Master Servicer and the Special Servicer in writing of its selection.