S&P CDO Monitor BDR means the value calculated using the formula provided in the S&P CDO Monitor Input File.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Borrower’s portfolio: S&P CDO Monitor BDR = C0 + (C1 * Weighted Average Spread) + (C2 * Weighted Average S&P Recovery Rate), where C0 = 0.192813, C1 = 2.672953 and C2 = 1.271946. C0, C1 and C2 will not change unless S&P provides an updated S&P CDO Monitor Input File at the request of the Services Provider following the Closing Date.
S&P CDO Monitor BDR. As of any date of determination, the rate equal to the sum of (A) 0.213575, (B) the product of (x) 0.000000 and (y) the Weighted Average Floating Spread and (C) the product of (x) 0.000000 and (y) the Weighted Average S&P Recovery Rate.
Examples of S&P CDO Monitor BDR in a sentence
To correct a typographical error, the value of the coefficient “C0” specified in the definition of S&P CDO Monitor BDR in Schedule B to the Indenture is hereby changed from “-0.071727” to “0.071727” so that C0 shall equal 0.071727 in the definition of S&P CDO Monitor BDR.
More Definitions of S&P CDO Monitor BDR
S&P CDO Monitor BDR means the value calculated using the formula provided by S&P on or prior to the Refinancing Date : S&P CDO Monitor BDR = C0 + (C1 * S&P Weighted Average Spread) + (C2 * S&P Weighted Average Recovery Rate). C0, C1 and C2 will not change unless S&P provides updated co-efficients at the request of the Investment Manager following the Issue Date. As at the Issue Date, C0, C1 and C2 have the following values: C0 = 0.254857274155125; C1 = 3.74496263278121 and C2 = 0.96791065742422.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Issuer’s portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * Weighted Average S&P Recovery Rate), where C0= 0.094360, C1= 4.167221, and C2= 1.079717; provided that solely for the purposes of this definition, (i) the Weighted Average Floating Spread shall be determined using an Aggregate Excess Funded Spread deemed to be zero and (ii) clause (b)(ii) of the definition of “Weighted Average Floating Spread” shall be disregarded.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Issuer's portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * S&P Weighted Average Recovery Rate), where C0= 0.000034, C1= 3.326093, and C2= 1.197557.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Issuer’s portfolio: C0 + (C1 * Weighted Average Spread) + (C2 * S&P Average Recovery Rate), where C0= .112345, C1= 4.114817, and C2= 1.055211.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Issuer’s portfolio:S&P CDO Monitor BDR = C0 + (C1 * Weighted Average Floating Spread) + (C2* S&P Weighted Average Recovery Rate), where C0 = [ ]0.109307, C1 = [ ]4.250889 and C2 = [ ]1.021089. C0, C1 and C2 will not change unless S&P provides an updated S&P CDO Monitor Input File at the request of the Collateral Manager following the Reset Date.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Issuer’s portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * S&P Weighted Average Recovery Rate), where: C0 = [],0.151712, C1 = []3.946445 and C2 = [].0.893757.
S&P CDO Monitor BDR means the value calculated using the following formula relating to the Issuer's portfolio: C0 + (C1 * Weighted Average Floating Spread) + (C2 * S&P Weighted Average Recovery Rate), where C0= 0.054833, C1= 4.417875, and C2= 1.027046.