Examples of Cumulative Net Losses in a sentence
The Servicer Termination Test is failed if either (x) Cumulative Net Losses for the Mortgage Loans exceed 5.10% of the aggregate Original Class Principal Balance of the Offered Certificates or (y) the most recent Three Month 90-Day Delinquency Rate exceeds 30%.
ACTIVITY ----------------------------------------------- (A) Liquidated Contracts (i) Liquidation Proceeds $0.00 (ii) Recoveries on Previously Liquidated Contracts 0.00 (B) Aggregate Net Losses for Collection Period 0.00 (C) Net Loss Rate for Collection Period (annualized) 0.00% (D) Cumulative Net Losses for all Periods 0.00 (E) Delinquent Receivables # Units Dollar Amount --------- ------------- (i) 30-59 Days Delinquent 0 0.00% $0.00 0.00% (ii) 60-89 Days Delinquent 0 0.00% $0.00 0.00% Exh.
At a minimum estimated start‐up capital funding must be sufficient to fund the following: Pre‐ operational Expenses, Cumulative Net Losses until month of Break‐Even, and an additional capital margin for unanticipated losses calculated based upon 5% of projected service expenses for the 12‐ month period after reaching financial break‐even.DISCO applicants must identify the source(s) of initial capital.
Cumulative Net Losses on all Liquidated Receivables 16 204,353.29 8.
Cumulative Net Losses on all Liquidated Receivables 2 44,122.25 8.