Par Margin Percentage definition

Par Margin Percentage shall have the meaning assigned thereto in the Pricing Side Letter.

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Par Margin Percentage means the quotient, expressed as a percentage, that is the result of 1 divided by the Applicable Percentage.

Par Margin Percentage means 100%.

More Definitions of Par Margin Percentage

Par Margin Percentage means (i) with respect to each Eligible Loan (other than a Jumbo Loan), 104.17%, and (ii) with respect to each Eligible Loan that is a Jumbo Loan, 106.38%.

Par Margin Percentage means with respect to each Asset, the percentage set forth in the “Par Margin Percentage” column of Exhibit A hereto.

Par Margin Percentage shall have the meaning assigned thereto in the Pricing Side Letter. “Participants” shall have the meaning assigned thereto in Section 39 hereof.