Maximum Advance Rate definition

Maximum Advance Rate means 80.0%.

Maximum Advance Rate as of any Determination Date, equals 70%.

Maximum Advance Rate means, on any date of determination, (a) if the Diversity Score is 10 or less, 50%, (b) if the Diversity Score is greater than 10 and less than 15, 55%, (c) if the Diversity Score is 15 or greater and less than 20, 60% and (d) if the Diversity Score is 20 or greater, 70%.

Examples of Maximum Advance Rate in a sentence

• If, on any day, the LTV Ratio is equal to or greater than the Maximum Advance Rate (a “Collateral Shortfall”), the Borrower shall have one (1) Business Day to cause the LTV Ratio to be less than or equal to the Minimum Advance Rate, or for so long as Borrower elects to pay Mid-Point Additional Interest in accordance with Section 3.3 below, the Mid-Point Advance Rate.

• Total outstanding principal balance to Borrower: $1,500,000.00 (“Loan A + Loan B”) Compliance with the Maximum Advance Rate is calculated as follows:Loan B divided by Loan A + Loan B$1,000,000 / $1,500,000 = 66.7%This is defined for purposes of the program to be the Advance Rate.

• UTF8 encoding represents float point values as strings in XML, which means that the string contents have to be stored in XML CDATA sections to prevent interference with XML markup.

• Policy holders and insurers have to examine the effectiveness of contractual regulations in each individual case.

• In this example, the Advance Rate has been determined to be 66.7% and in compliance with AS 44.88.535, the Maximum Advance Rate under the AK SAFE Program.

More Definitions of Maximum Advance Rate

Maximum Advance Rate means, at any time, the “Advance Rate” specified in the Matrix based on the applicable combination of Matrix Inputs as then in effect.

Maximum Advance Rate means 75.0%.

Maximum Advance Rate means, as to any item of Eligible Collateral, the maximum Advance Rate that shall be determined by Lender in Lender's sole and absolute discretion; provided, that, with respect to the specific categories of Eligible Collateral referred to in the definition of Eurodollar Rate Spread, the Maximum Advance Rate shall not exceed the respective Advance Rates set forth in such definition.

Maximum Advance Rate means, for any date of determination (a) so long as no Tier 1 Collateral Performance Trigger has occurred or is continuing during the three (3) months prior to such date of determination, [***]%; and (b) if a Tier 1 Collateral Performance Trigger has occurred or is continuing during the three (3) months prior to such date of determination, a rate equal to (x) the Maximum Advance Rate in effect prior to the occurrence of such Tier 1 Collateral Performance Trigger minus (y) [***]%.

Maximum Advance Rate means at any time a percentage equal to the sum of (i) the product of (A) 60% and (B) a fraction, the numerator of which is the aggregate Collateral Balance of the Eligible Assets that are Bridge Loans at such time, and the denominator of which is the Eligible Asset Balance and (ii) the product of (A) 75% and (B) a fraction, the numerator of which is the aggregate Collateral Balance of all Eligible Assets (other than Bridge Loans) at such time, and the denominator of which is the Eligible Asset Balance.

Maximum Advance Rate means at any time a percentage equal to the product of (A) 70% and (B) a fraction, the numerator of which is the aggregate Collateral Balance of all Eligible Assets at such time, and the denominator of which is the Eligible Asset Balance.

Maximum Advance Rate means, with respect to each Eligible Asset, the “Advance Rate” specified for the applicable Asset Type Grouping in Schedule I attached to the Fee Letter for the loan-to-value ratios shown in Schedule I, or if not shown in Schedule I attached to the Fee Letter or if otherwise agreed to by Sellers and Buyer, in the related Confirmation; provided, however, that (a) the Buyer is not obligated to purchase any Eligible Asset and (b) with respect to any Eligible Asset to be purchased hereunder, the Advance Rates shown in Schedule I attached to the Fee Letter are only indicative of the maximum advance rate available to Sellers, and Buyer is not obligated to purchase any Eligible Asset at such Maximum Advance Rates.