Yield Reserve Ratio means, as of any date of determination, the quotient, expressed as a percentage, of (a) the product of (i) 1.5 times (ii) the Days Sales Outstanding in effect on such date times (iii) the Base Rate in effect on such date (as determined by the Agent), divided by (b) the number of days in the calendar year in which such Base Rate is calculated (i.e., 365/366).
Yield Reserve Ratio. “Servicing Reserve Ratio,” “Servicing Fee Percentage,” “Required Reserves Ratio” or “Required Reserve Factor Floor,” or amend or modify any defined term used directly or indirectly in such defined term), the consent of any remaining Funding Agent cannot unreasonably be withheld or delayed.
Yield Reserve Ratio means the product of (i) the Base Rate multiplied by (ii) the Stress Factor multiplied by (iii) the DSO divided by 360.
More Definitions of Yield Reserve Ratio
Yield Reserve Ratio means, for any Settlement Period, the product (expressed as a percentage) of (i) 1.5 times (ii) (a) the Alternate Base Rate as of the last day of the immediately preceding Settlement Period plus (b) 1.65% times (iii) a fraction, the numerator of which is the Days Sales Outstanding for such Settlement Period and the denominator of which is 360. 155 SCHEDULE 4 FORM OF ADMINISTRATIVE QUESTIONNAIRE Please accurately complete the following information and return via Telecopy to the attention of [ ] at [ ] as soon as possible, at Telecopy No. ( ) [ ]. PURCHASER LEGAL NAME TO APPEAR IN DOCUMENTATION: GENERAL INFORMATION: Institution Name: Street Address: City, State, Zip Code: POST CLOSING, ONGOING CREDIT CONTRACTS/NOTIFICATION METHODS: CREDIT CONTACTS: Primary Contact: Street Address: City, State, Zip Code: Phone Number: Telecopy Number: Backup Contact: Street Address: City, State, Zip Code: Phone Number: Telecopy Number:
Yield Reserve Ratio means, as of any Monthly Reporting Date and continuing until (but not including) the next Monthly Reporting Date, an amount (expressed as a percentage) that is calculated as follows:
Yield Reserve Ratio means, as of any Monthly Reporting Date and continuing until (but not including) the next Monthly Reporting Date, an amount (expressed as a percentage) that is calculated as follows:YRR = SF x AR x (DSO/360)where:YRR = Yield Reserve Ratio;SF = the Stress Factor;AR = the sum of (i) the “Applicable Rate”, defined as the sum of (a) the one-month rate calculated as the weighted average Eurocurrency Rate or Term SOFR, as applicable, weighted by the Eurocurrency Tranche or Term SOFR Tranche, as applicable, sizes as of such Monthly Reporting Date plus (b) the Applicable Margin for Tranches funded with reference to the Eurocurrency Rate or Term SOFR, as applicable, and (ii) the Servicing Fee Percentage; andDSO = the Days Sales Outstanding.
Yield Reserve Ratio means, for any Settlement Period, the product (expressed as a percentage) of (i) 1.5 times (ii) the Alternate Base Rate as of the last day of the immediately preceding Settlement Period times (iii) a fraction, the numerator of which is the highest Days Sales Outstanding for the most recent 12 Settlement Periods and the denominator of which is 360.
Yield Reserve Ratio means, as of any Monthly Reporting Date and continuing until (but not including) the next Monthly Reporting Date, an amount (expressed as a percentage) that is calculated as follows: YRR = SF x AR x (DSO/360)
Yield Reserve Ratio means, as of any Monthly Reporting Date and continuing until (but not including) the next Monthly Reporting Date, an amount (expressed as a percentage) that is calculated as follows:YRR = SF x AR x (DSO/360)where:YRR = Yield Reserve Ratio; SF = the Stress Factor;AR = the sum of (i) the “Applicable Rate”, defined as the sum of (a) the one-month rate calculated as the weighted average Eurocurrency Rate or Term SOFR, as applicable, weighted by the Eurocurrency Tranche or Term SOFR Tranche, as applicable, sizes as of such Monthly Reporting Date plus (b) the Applicable Margin for Tranches funded with reference to the Eurocurrency Rate or Term SOFR, as applicable, and (ii) the Servicing Fee Percentage; andDSO = the Days Sales Outstanding. 1.2 Other termsAll terms defined directly or by incorporation herein shall have the defined meanings when used in any certificate or other document delivered pursuant hereto unless otherwise defined therein. For purposes of this Agreement and all such certificates and other documents, unless the context otherwise requires: (a) accounting terms not otherwise defined herein, and accounting terms partly defined herein to the extent not defined, shall have the respective meanings given to them under, and shall be construed in accordance with, GAAP; (b) references to any amount as on deposit or outstanding on any particular date means such amount at the close of business on such day; (c) the words “hereof”, “herein” and “hereunder” and words of similar import refer to this Agreement (or the certificate or other document in which they are used) as a whole and not to any particular provision of this Agreement (or such certificate or document); (d) references to any Section, Schedule or Exhibit are references to Sections, Schedules and Exhibits in or to this Agreement (or the certificate or other document in which the reference is made) and references to any paragraph, subsection, clause or other subdivision within any Section or definition refer to such paragraph, subsection, clause or other subdivision of such Section or definition; (e) the term “including” means “including without limitation”; (f) references to any Law refer to that Law as amended or re-enacted from time to time and include any successor Law; (g) references to any agreement refer to that agreement as from time to time amended, supplemented or novated or as the terms of such agreement are waived or modified in accordance with its terms; (h) references to any Person i...
Yield Reserve Ratio means, as of any date of determination during an Interest Period, the quotient expressed as a percentage, of (a) the product of (i) the sum of (A) the Insurance Premium Rate plus (B) the product of (1) 1.5 multiplied by (2) the Note Interest Rate for the Interest Period in which such date occurs multiplied by (ii) 1.5 multiplied by the Average Days Outstanding as of the end of the Monthly Period preceding the first day of such Interest Period divided by (b) 360.