Diversity Score definition
Examples of Diversity Score in a sentence
For any date of determination, the intersection set forth in the matrices below that has been selected by the Servicer for use in determining the scores that are required to satisfy the Diversity Score Test, the ▇▇▇▇ Test, the WARR Test and the Weighted Average Spread Test.
Diversity Score is then established by reference to the Diversity Score Table shown below for the related Aggregate Industry Equivalent Unit Score; provided that if any Aggregate Industry Equivalent Unit Score falls between any two such scores then the applicable Industry Diversity Score will be the lower of the two Industry Diversity Scores in the Diversity Score Table.
On the Closing Date, the Borrower or Servicer shall calculate the Portfolio Diversity Score and determine the Maximum Advance Rate corresponding to such Portfolio Diversity Score in the Diversity Score Matrix.
The Portfolio Diversity Score then applicable shall be reported in the Collateral Report.
Thereafter, any time the Portfolio Advance Rate Test must be determined, the Borrower or Servicer shall calculate the Portfolio Diversity Score at such time and determine the Maximum Advance Rate corresponding to such Portfolio Diversity Score in the Diversity Score Matrix.