Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each Fiscal Month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day, by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.
Delinquency Ratio means, at any time, a percentage equal to (i) the aggregate Outstanding Balance of all Receivables that were Delinquent Receivables at such time divided by (ii) the aggregate Outstanding Balance of all Receivables at such time.
Delinquency Ratio for any calendar month means the ratio, expressed as a percentage, of (a) the sum, for all of the Receivables, of all scheduled payments that are 60 days or more past due (other than Purchased Receivables and Liquidated Receivables) as of the end of such month, determined in accordance with the Servicer’s then-current practices, to (b) the Pool Balance as of the last day of such month.
Examples of Delinquency Ratio in a sentence
For the avoidance of doubt, this Section 1.03 and any changes in GAAP or other accounting principles contemplated by this Section shall not affect or modify any computation or determination of the Days’ Sales Outstanding, Default Ratio, Delinquency Ratio, Dilution Ratio, Total Reserves or any input to, or component of, any of the foregoing.
More Definitions of Delinquency Ratio
Delinquency Ratio. With respect to any Due Period, the percentage equivalent of a fraction (a) the numerator of which equals the Aggregate Principal Balances of all Mortgage Loans that are sixty (60) or more days Delinquent (whether or not such Mortgage Loans are in bankruptcy), in foreclosure or converted to REO Property as of the close of business on the last day of such Due Period and (b) the denominator of which is the Pool Balance as of the close of business on the last day of such Due Period.
Delinquency Ratio means, for any Collection Period, the ratio, expressed as a percentage, of (a) the Principal Balance of all outstanding Receivables other than Purchased Receivables and Receivables that are 60 or more days delinquent as of the end of such Collection Period, determined in accordance with the Servicer's customary practices, or Receivables as to which the related Financial Vehicle has been repossessed but not sold, to (b) the Pool Balance as of the last day of such Collection Period.
Delinquency Ratio. With respect to each Monthly Period, an amount equal to the percentage equivalent of a fraction, the numerator of which is equal to the Aggregate Amount Financed of Delinquent Receivables that have been Delinquent Receivables for 61 days or more and the denominator of which is equal to the Aggregate Amount Financed.
Delinquency Ratio means the ratio (expressed as a percentage) calculated as of the last day of each calendar month, of (i) the aggregate Outstanding Balance of all Delinquent Receivables on such day to (ii) the aggregate Outstanding Balance of all Receivables on such day.
Delinquency Ratio means the ratio (expressed as a percentage) computed as of the last day of each calendar month by dividing (i) the aggregate Outstanding Balances of all Originator Receivables that were Delinquent Receivables as of the last day of each of the three most recently ended calendar months (including the calendar month then ending) by (ii) the aggregate Outstanding Balances of all Originator Receivables as of the last day of each of the three most recently ended calendar months (including the calendar month then ending).
Delinquency Ratio means, the ratio (expressed as a percentage) computed by dividing: (a) the aggregate Principal Balance of all Receivables which were Delinquent Receivables as of the close of business on the last day of the related Collection Period minus the aggregate Principal Balance of all Cash Collateralized Receivables by (b) the sum of the aggregate Principal Balance of all Receivables as of the close of business on the first day of the related Collection Period.
Delinquency Ratio means, as of any date of determination, the ratio (expressed as a percentage) of: