Required Net Yield definition

Required Net Yield means, at any time, 8%.
View Source
Required Net Yield means the required net yield used to calculate the Margin applicable to any Fixed Rate Borrowing Tranche advanced on or after the Closing Date, as determined by Lender in its sole discretion in accordance with Section 2.5.2.
View Source
Required Net Yield means the minimum net yield which a Loan shall bear to Buyer, as set forth in the Purchase Agreement.
View Source

Examples of Required Net Yield in a sentence

  • Lender's Required Net Yield ("RNY") for the Requested Borrowing Tranche will be [ _______ ] basis points above the yield for the [ __________ ] year US Treasury Security (as determined by Lender) ("Benchmark US Treasury Security").

Related to Required Net Yield

  • CNAM Query Rate means a rate that applies to each CNAM Query received at the SCP where the Calling Name Database resides.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Weighted Average S&P Recovery Rate As of any date of determination, the number, expressed as a percentage and determined separately for each Class of Secured Notes that is rated by S&P, obtained by summing the products obtained by multiplying the Principal Balance of each Collateral Obligation (other than Defaulted Obligations) by its corresponding recovery rate as determined in accordance with Section 1 of Schedule 4 hereto, dividing such sum by the Aggregate Principal Balance of all Collateral Obligations (other than Defaulted Obligations), and rounding to the nearest tenth of a percent.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.