Examples of Dilution Reserve Percentage in a sentence

Dilution Reserve Amount means, as of any Calculation Date, the product of (a) the Eligible Billed and Unbilled Receivables Balance as of that Calculation Date and (b) the Dynamic Dilution Reserve Percentage as of that date.
U.S. Dilution Reserve Percentage: as of any time, the U.S. Dilution Percentage as of such time minus five percent (5%); provided that if the U.S. Dilution Percentage as of such time is below five percent (5%), then the U.S. Dilution Reserve Percentage as of such time shall be deemed to be zero percent (0%).
To the extent that such recalculation indicates a period of time which materially differs from 1.5 months, the Servicer will adjust its calculation of the Class A Dynamic Loss and Dilution Reserve Percentage and the Class B Dynamic Loss and Dilution Reserve Percentage under each Supplement, subject to satisfaction of the Rating Agency Condition.

More Definitions of Dilution Reserve Percentage

Dilution Reserve Percentage means for any Receivable Interest at any time an amount equal to: [(Stress Factor x Expected Dilution Ratio) + (Dilution Volatility)] multiplied by the Dilution Horizon Ratio Where: Stress Factor = 2.25 Expected Dilution Ratio = the twelve month rolling average of the Reserve Dilution Ratio Dilution Volatility = (Dilution Spike - Expected Dilution Ratio) x (Dilution Spike divided by Expected Dilution Ratio) Dilution Spike = the highest Reserve Dilution Ratio as of the last day of each of the twelve months immediately preceding such day Dilution Horizon Ratio = the aggregate amount of newly generated Receivables during the most recent two months divided by the Net Receivables Pool Balance as of the last day of the most recent month.

Dilution Reserve Percentage means, on any day, an amount equal to: Where: ADR = the average Dilution Ratio in respect of the 12 calendar month period then most recently ended. DS = the highest Dilution Ratio at any time during the 12 calendar month period then most recently ended. DH = the Dilution Horizon on such date.

Dilution Reserve Percentage means the percentage computed as of the last day of each calendar month as: [(2.25 x EDR) - ECDR] + [(DS - EDR) x (DS /EDR)] x DHR Where DS = the Dilution Spike at such time; EDR = the Expected Dilution Ratio at such time; ECDR = the Expected Contractual Dilution Ratio at such time; and DHR = the Dilution Horizon Ratio at such time.

Dilution Reserve Percentage means, with respect to any date of determination, an amount equal to: DHR x {(2.25 x ADR) + DVC} where: ADR = the Adjusted Dilution Ratio on such day, DHR = the Dilution Horizon Ratio on such day, and DVC = Dilution Volatility Component on such day.

Dilution Reserve Percentage or “Termination Event”, (H) extend the “Facility Termination Date” or (I) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (I) above in a manner that would circumvent the intention of the restrictions set forth in such clauses. No failure on the part of the Purchasers, the Purchaser Agents or the Administrator to exercise, and no delay in exercising any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other right.

Dilution Reserve Percentage means, on any date, the product of (a) the Dilution Horizon multiplied by (b) the sum of (i) 2.5 times the average of the Dilution Ratios for the twelve most recent calendar months and (ii) the Dilution Spike Factor.