Minimum Weighted Average Coupon definition
Minimum Weighted Average Coupon. If any of the Collateral Obligations are Fixed Rate Obligations, 7.00%.
Minimum Weighted Average Coupon means (i) if any of the Collateral Obligations are Fixed Rate Obligations, 7.50% and (ii) otherwise, 0%.
Minimum Weighted Average Coupon. (i) if any of the Collateral Obligations are Fixed Rate Obligations, 7.50% and (ii) otherwise, zero.
More Definitions of Minimum Weighted Average Coupon
Minimum Weighted Average Coupon means 7.00%.
Minimum Weighted Average Coupon means 7.50%.
Minimum Weighted Average Coupon means 7.5%.
Minimum Weighted Average Coupon means, if any of the Collateral Obligations are Fixed Rate Obligations, 7.00%.
Minimum Weighted Average Coupon means 5.00%.
Minimum Weighted Average Coupon means (i) if none of the Collateral Obligations are Fixed Rate Obligations, 0% and
Minimum Weighted Average Coupon. 7.00%. “Minimum Weighted Average Coupon Test”: The test that will be satisfied on any date of determination if either (i) the Weighted Average Coupon plus the Excess Weighted Average Floating Spread equals or exceeds the Minimum Weighted Average Coupon or (ii) the Aggregate Principal Amount of all Fixed Rate Obligations is zero. “Minimum Weighted Average Moody’s Recovery Rate Test”: The test that will be satisfied on any date of determination if the Weighted Average Moody’s Recovery Rate equals or exceeds 43%. “Money”: The meaning specified in Section 1-201(24) of the UCC. “Monthly Report”: The report delivered pursuant to Section 10.8(a). “Monthly Report Determination Date”: The meaning specified in Section 10.8(a). “Moody’s”: ▇▇▇▇▇’▇ Investors Service, Inc. and any successor thereto. “Moody’s Collateral Value”: On any date of determination, with respect to any Defaulted Obligation or Deferring Security, the lesser of (i) the Moody’s Recovery Amount of such Defaulted Obligation or Deferring Security as of such date and (ii) the Market Value of such Defaulted Obligation or Deferring Security as of such date. “Moody’s Counterparty Criteria”: With respect to any Participation Interest proposed to be acquired by the Issuer (other than the Closing Date Participations), criteria that will