Loss Horizon Ratio means, as of any date of determination, a fraction (expressed as a percentage), (a) the numerator of which is the aggregate initial Unpaid Balance of all Receivables originated by each Originator during the immediately preceding four Settlement Periods then most recently ended and (b) the denominator of which is the Net Portfolio Balance as of the Cut-Off Date of the most recently ended Settlement Period.
Loss Horizon Ratio means, at any time of determination, the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed by dividing:
Loss Horizon Ratio for any Calculation Period means the quotient, expressed as a percentage, of (a) the aggregate initial Unpaid Balance of Receivables which arose during the prior three Calculation Periods, divided by (b) the Net Pool Balance at the most recent Month End Date.
Examples of Loss Horizon Ratio in a sentence
In comparison to flood, draught creates many serious troubles such as unbalanced ecology, lack of humidity in soil, lack of water etc.
Loss Reserve: Loss Ratio * Loss Horizon Ratio* Rating Multiplier Loss Ratio: Monthly defaulted receivables + write-offs / Total sales in the month in which defaulted receivables/write-offs were generated.
Loss Horizon Ratio: Cumulative sales over the loss horizon / current month’s eligible balance.
Amended and Restated 2006 Equity Compensation Plan (the “Prior Plan”).
Default Ratio - Collections: Loss Horizon Ratio - Total Dilution: Loss Reserve - Discounts - Write-offs: Dilution Ratio + Recoveries LTM Avg.
More Definitions of Loss Horizon Ratio
Loss Horizon Ratio means, for any Collection Period, a fraction (calculated as a percentage) computed by dividing (i) the aggregate Outstanding Balance of all Receivables generated during the four and one-half most recently ended Collection Periods by (ii) the Net Receivables Balance as at the last day of the most recently ended Collection Period.
Loss Horizon Ratio means, as of any date, a ratio computed as of the last day of the most recently ended calendar month by dividing (i) the aggregate amount of gross sales of the Originators during the most recently ended calendar month by (ii) the Net Receivables Balance as of the last day of such calendar month.
Loss Horizon Ratio means for any month the ratio determined by dividing: (a) the sum of (i) the cumulative sales over the most recent three months, plus (ii) the product of (x) the cumulative sales over the fourth most recent month, times (y) 5%, by (b) the current month’s Net Receivables Pool Balance.
Loss Horizon Ratio means, as of any date, a ratio equal to (i) the aggregate Outstanding Balance (in each case, at the time of creation) of all Receivables (other than Deducted Receivables) created during the three and one-half (3.5) Fiscal Months most recently ended divided by (ii) the Net Eligible Receivables Balance as at the last day of the most recently ended Fiscal Month.
Loss Horizon Ratio means, as of any date, a percentage equal to (i) the aggregate gross sales of the Transferors during the three most recently ended calendar months divided by (ii) the Outstanding Balance of all Eligible Receivables as of the last day of the most recently ended calendar month.
Loss Horizon Ratio means, as of the last day of any calendar month, a percentage equal to (i) the aggregate Originator Sales during the three-month period ended on such date, divided by (ii) the Net Receivables Balance as of such date.
Loss Horizon Ratio means, as of the last day of any Fiscal Month, the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed by dividing: