Normalizing Factor definition
Normalizing Factor means, as of any date of determination, (A) if the aggregate Principal Balance of all Collateral Debt Obligations used in the calculation of the Moody's Weighted Average Recovery Rate is greater than 103.0% multiplied by the Reinvestment Target Par Amount, a number equal to the product of the Reinvestment Target Par Amount and 103.0% divided by the aggregate Principal Balance of all such Collateral Debt Obligations, and (B) otherwise, 1.
Normalizing Factor. The meaning set forth in Schedule 6 hereto.
Normalizing Factor. As of any Measurement Date, if the Aggregate Principal Balance of all Collateral Obligations used in the calculation of the Weighted Average ▇▇▇▇▇’▇ Recovery Rate is greater than 103% multiplied by the Reinvestment Target Par Balance, a number equal to the product of the Reinvestment Target Par Balance and 103% divided by the Aggregate Principal Balance of all such Collateral Obligations, otherwise 1.