Series 2021-2 DBRS Required Enhancement Percentage definition

Series 2021-2 DBRS Required Enhancement Percentage means, as of any date of determination, the sum of (i) the product of (A) the Series 2021-2 DBRS Lowest Enhancement Rate as of such date and (B) the Series 2021-2 DBRS Lowest Enhanced Vehicle Percentage as of such date, (ii) the product of (A) the Series 2021-2 DBRS Intermediate Enhancement Rate as of such date and (B) the Series 2021-2 DBRS Intermediate Enhanced Vehicle Percentage as of such date,(iii) the product of (A) the Series 2021-2 DBRS Highest Enhancement Rate as of such date and (B) the Series 2021-2 DBRS Highest Enhanced Vehicle Percentage as of such date and (iv) the product of (A) the Series 2021-2 DBRS Trucks Enhancement Rate as of such date and (B) the Series 2021-2 DBRS Trucks Percentage as of such date.

Related to Series 2021-2 DBRS Required Enhancement Percentage

Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.
Person means any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.