Dynamic Purchase Discount Rate definition

Dynamic Purchase Discount Rate means, as of any date of determination, the rate equal to (a) 100% minus (b) the sum of (i) the Loss Reserve Ratio plus (ii) the Dilution Reserve Ratio, plus (c) the Available LOC Percentage.
Dynamic Purchase Discount Rate means, as of any date of determination, the rate equal to the lesser of (i) Purchase Discount Rate Cap and (ii) 100% minus the Dilution Reserve Ratio.
Dynamic Purchase Discount Rate means, as of any date of determination, a percentage equal to 100% minus the Dilution Reserve Ratio.

More Definitions of Dynamic Purchase Discount Rate

Dynamic Purchase Discount Rate means, as of any date of determination, the rate equal to (a) 100% MINUS (b) the sum of (i) the Loss Reserve Ratio PLUS (ii) the Dilution Reserve Ratio, PLUS (c) the Available LOC Percentage.

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