Loss Rate. With respect to each Quarterly Determination Date during the Revolving Period, for all Dealers with Dealer Loans constituting Collateral, the ratio (expressed as a percentage) at any time the same is to be determined, where (i) the numerator of which is equal to the Cash Advance Loss at such time, if any, and (ii) the denominator of which is equal to the sum of Credit Acceptance’s original cash advances for all Dealer Loans and all of its other dealer loans not pledged hereunder at such time.
Loss Rate means in relation to a Collection Period, the percentage equivalent of (a) the sum of (i) the aggregate Collateral Losses, (ii) aggregate Negative Adjustments and (iii) aggregate Principal Deficiencies, in each case for that Collection Period, multiplied by (b) 12, divided by (c) the BOP Receivables Balance.
Loss Rate means, with respect to each Financing Contract, the loss rate set forth on Annex B to the Agreement, as determined by reference to the Credit Classification and Market Segment of such Financing Contract (as determined as of the date such Financing Contract was credit approved).
Examples of Loss Rate in a sentence
This will produce the Full Marginal Loss Rate at each Generating Unit and Scheduling Point.(b) The ISO will then determine the ratio of expected Transmission Losses to the total Transmission Losses that would be collected if Full Marginal Loss Rates were utilized to determine Transmission Losses.
The ISO shall calculate the Generation Meter Multiplier for each Generating Unit location in a given hour by subtracting the Scaled Marginal Loss Rate from 1.0.
This ratio is referred to as the Loss Scale Factor.(c) The ISO will then multiply the Loss Scale Factor by the Full Marginal Loss Rate at each Generating Unit or Scheduling Point to determine each Generating Unit’s or external import’s Scaled Marginal Loss Rate.
Loss Rate for a given Generating Unit location in a given hour shall equal the product of (i) the Full Marginal Loss Rate for each Generating Unit location and hour, and (ii) the Loss Scale Factor for such hour.
SBA will work with the securitizer to verify the accuracy of the data used to make the Loss Rate calculation.(c) PLP Privilege Suspension.
More Definitions of Loss Rate
Loss Rate. With respect to each Quarterly Determination Date during the Revolving Period, for all dealers, the ratio (expressed as a percentage) at any time the same is to be determined, where (i) the numerator of which is equal to the Cash Advance Loss at such time, if any, and (ii) the denominator of which is equal to the sum of Credit Acceptance’s original cash advances for all dealer loans.
Loss Rate. As defined in the Multi-Party Agreement.
Loss Rate means, with respect to a Loan Category, the quotient of (a) the total dollar amount of principal of all Loans in such Loan Category charged off during the prior [***] (net of recoveries), divided by (b) the weighted average principal amount of all Loans and Loan Advances within such Loan Category outstanding during the prior [***]. 3 Confidential The Loss Rate for a Loan Category will be calculated each quarter, not more than sixty (60) days following the end of the quarter, by reference to the twelve (12) complete months ending with the quarter then ended, and the newly calculated Loss Rate shall be effective on the first Business Day of the subsequent quarter. The figures used to calculate the Loss Rate shall include loans originated under the Prior Program. “Performance-Adjusted Interest Rate” means, with respect to a Loan or Receivable, (1) the stated simple interest rate applicable to that Loan or Receivable, less (2) the Loss Rate for that Loan Category; [***]. “Servicing Fee” means, with respect to a Loan or Receivable, [***] of the scheduled principal and interest in the first payment due for such Loan or Receivable multiplied by a fraction, the numerator of which is the number of calendar days between the Funding Date and the Closing Date (including the Funding Date but excluding the Closing Date) and the denominator of which is the number of calendar days between the Funding Date and the due date of the first payment for such Loan or Receivable (including the Funding Date but excluding such due date). 4 Confidential Schedule 31 The following terms shall apply as if fully set forth in the Agreement:
Loss Rate means, with respect to any Underlying Asset on any Measurement Date, the applicable percentage set forth in Appendix H hereto, provided that, for the purposes of determining the Loss Rate for Synthetic Securities, the Loss Rate shall be that of such Synthetic Security’s Reference Obligation.
Loss Rate means, for any Originator on any Servicer Report --------- Date, the percentage established on such Servicer Report Date as such by agreement of such Originator and the Purchaser; provided, however, -------- ------- that if such Originator and the Purchaser are unable to so agree as to the Loss Rate applicable to any Servicer Report Date, the Loss Rate shall mean the ratio, expressed as a percentage, of (i) the losses (i.e., write-offs to the ---- bad debt reserve or other write-offs consistent with the Credit and Collection Policy, in each case, net of recoveries) recognized for all Receivables generated by such Originator during the six (6) preceding Monthly Periods divided by (ii) the Collections on all Receivables generated by such Originator received during such six (6)preceding Monthly Periods.
Loss Rate means a percentage established from time to time by the Originator and Buyer and specified in the Funding Report delivered in the month preceding such Monthly Period that reflects the anticipated loss rate with respect to the Receivables to be sold in such Monthly Period or, in the event the Originator and Buyer do not establish a new Loss Rate for any Monthly Period, the Loss Rate that was in effect for the prior Monthly Period. The Loss Rate for the first Monthly Period shall be 0.10%. “Profit Discount” means 0.25%.