Applicable Severity definition

Applicable Severity. With respect to each Payment Date, is a percentage equal to:
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Applicable Severity means the Group 1 Applicable Severity or the Group 2 Applicable Severity, as the context requires.
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Applicable Severity means the Group 1 Applicable Severity or the Group 2 Applicable Severity, as the context may require.
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More Definitions of Applicable Severity

Applicable Severity. With respect to each Payment Date and Credit Event Reference Obligation, the fixed severity percentage equal to: Beneficial Owner: The entity or individual that beneficially owns a Note.
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Applicable Severity. With respect to each Payment Date and Credit Event Reference Obligation, the fixed severity percentage equal to:
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Applicable Severity means, with respect to each Payment Date, a percentage equal to: 100152494v6
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Related to Applicable Severity

  • Loss Severity Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the amount of Realized Losses incurred on a Mortgage Loan and the denominator of which is the principal balance of such Mortgage Loan immediately prior to the liquidation of such Mortgage Loan.

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Increased Facility Activation Notice means a notice substantially in the form of Exhibit B-1.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Applicable Reserve Requirement means, at any time, for any Eurodollar Rate Loan, the maximum rate, expressed as a decimal, at which reserves (including any basic marginal, special, supplemental, emergency or other reserves) are required to be maintained with respect thereto against “Eurocurrency liabilities” (as such term is defined in Regulation D) under regulations issued from time to time by the Board of Governors or other applicable banking regulator. Without limiting the effect of the foregoing, the Applicable Reserve Requirement shall reflect any other reserves required to be maintained by such member banks with respect to (i) any category of liabilities which includes deposits by reference to which the applicable Adjusted Eurodollar Rate or any other interest rate of a Loan is to be determined, or (ii) any category of extensions of credit or other assets which include Eurodollar Rate Loans. A Eurodollar Rate Loan shall be deemed to constitute Eurocurrency liabilities and as such shall be deemed subject to reserve requirements without benefits of credit for proration, exceptions or offsets that may be available from time to time to the applicable Lender. The rate of interest on Eurodollar Rate Loans shall be adjusted automatically on and as of the effective date of any change in the Applicable Reserve Requirement.