Risk Adjusted Margin definition

Risk Adjusted Margin means for any calendar month, calendar year, or Fiscal Year, an amount equal to Financing Income, plus Ancillary Product Income, minus the sum of Program Net Losses, minus the SOFR Adjustment, all calculated for such calendar month, calendar year or Program Year, as the case may be.”
Risk Adjusted Margin means, with respect to an Asset, (1) the stated simple interest rate applicable to the Loan related to that Asset, less (2) the Net Charge Off Rate for the Loan Category related to that Asset.
Risk Adjusted Margin is deleted in its entirety and replaced with the following language: ​ ​

More Definitions of Risk Adjusted Margin

Risk Adjusted Margin has the meaning set forth in Schedule 7.3.
Risk Adjusted Margin shall have the meaning set forth in Schedule 2 to the Asset Sale Agreement.
Risk Adjusted Margin means, with respect to the RAM Measurement Period (or in the case of any interim payment pursuant to Section 9.1(a)(vii) and 9.1(a)(x), the relevant Reference Period), the percentage equivalent of a fraction equal to (A) (i) Gross Financing Income for such period, minus (ii) Net Write-Offs for such period, minus (iii) Funding Costs for such period, plus (iv) the total of all amounts paid by NMG pursuant to Section 9.1(a)(viii), 9.l(a)(x), and 9.l(a)(xi) at any time during such period divided by (B) the Average Gross Receivables for such period.”
Risk Adjusted Margin means, with respect to the RAM Measurement Period (or in the case of any interim payment pursuant to Section 9.1 (a) (vii), the relevant Reference Period), the percentage equivalent of a fraction equal to (A) (i) Gross Financing Income for such period, minus (ii) Net Write-Offs for such period, minus(iii) Funding Costs for such period, plus (iv) the total of all amounts paid by NMG pursuant to Section 9.1(a)(viii) at any time during such period divided by (B) the Average Gross Receivables for such period.”
Risk Adjusted Margin means for any calendar month, calendar year, or Fiscal Year, an amount equal to Financing Income, plus Ancillary Product Income, minus the sum of

Related to Risk Adjusted Margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Adjusted Maximum Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty or a Related Guaranty, in each case determined in accordance with the provisions hereof and thereof; provided that, solely for purposes of calculating the “Adjusted Maximum Amount” with respect to any Contributing Guarantor for purposes of this paragraph 2, the assets or liabilities arising by virtue of any rights to or obligations of contribution hereunder or under any similar provision contained in a Related Guaranty shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty and the Related Guaranties (including, without limitation, in respect of this paragraph 2 or any similar provision contained in a Related Guaranty). The amounts payable as contributions hereunder and under similar provisions in the Related Guaranties shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this paragraph 2 or any similar provision contained in a Related Guaranty shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder or under a Related Guaranty. Each Contributing Guarantor under a Related Guaranty is a third party beneficiary to the contribution agreement set forth in this paragraph 2.

  • Floating Rate Margin means 7.50 per cent. per annum.

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;