Class E Par Value Ratio definition

Class E Par Value Ratio means, as of any Measurement Date, after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A-1E Notes, the Class A-1S Notes, the Class A-2 Notes, the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes, the Drawn Amount of Class A-1R Advances (with Class A-1R Sterling Advances and the Principal Amount Outstanding of the Class A-1S Notes converted into Euro at the then current Spot Rate), the Class A-1R Allocated Commitment (with any amount thereof denominated in Sterling converted into Euro at the then current Spot Rate) and an amount equal to the aggregate of any Liquidity Drawings (other than those relating to any Interest Payment Drawdowns or Collateral Enhancement Obligation Drawdowns) outstanding under the Liquidity Facility applicable to the next Payment Date (determined by reference to the circumstances existing as at such Measurement Date).

Class E Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing:

Class E Par Value Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Par Coverage Numerator by (b) the sum of the Super Senior Swap Notional Amount, the aggregate Principal Amount of the Senior Notes and the Mezzanine Notes and each amount then available for Addition or Replenishment which has not been used to make an Addition or Replenishment, as the case may be.

Class E Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Rated Notes.

Class E Par Value Ratio means, as of any Measurement Date, after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A-1E Notes, the Class A-1S Notes (converted into Euro at the then current Spot Rate), the Class A-2 Notes, the Class B Notes, the Class C Notes, the Class D Notes, the Class E Notes, the Drawn Amount of Class A-1R Advances (with Class A-1R Non-Euro Advances converted into Euro at the then current Spot Rate) and the Class A-1R Allocated Commitment.

Class E Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the CDO Principal Balance less the Par Value Test Excess Adjustment Amount by the sum of (a) the aggregate Principal Amount Outstanding of the Senior Notes and the Mezzanine Notes and (b) the amount of any unreimbursed Interest Advances.

Class E Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test

Class E Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Adjusted Collateral Principal

Class E Par Value Ratio means, as of any Measurement Date following the Reinvestment Period, the ratio (expressed as a percentage) obtained by dividing the CDO Principal Balance less the Par Value Test Excess Adjustment Amount by the aggregate Principal Amount Outstanding of the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes.