Examples of Group 2 Senior Percentage in a sentence
The "Group 2 Senior Percentage" with respect to any Payment Date and the Group 2 Notes, is the percentage equivalent of a fraction, the numerator of which is the Class Notional Amount of the Class 2A-H Reference Tranche immediately prior to such Payment Date and the denominator of which is the aggregate unpaid principal balance of the Reference Obligations in Loan Group 2 at the end of the previous Reporting Period.
The "Group 2 Subordinate Percentage" with respect to any Payment Date and the Group 2 Notes is the percentage equal to 100% minus the Group 2 Senior Percentage for such Payment Date.
Group 2 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group 2 Senior Percentage for such date.
On any Distribution Date, 100% minus the Group 2 Senior Percentage.
Despite these shortcomings and the difficult regulatory environment less open to change, the project contributed to addressing the unmet credit demand from MSEs. First, it allowed banks to disburse loans in cash local currency if preferred by borrowers.