Minimum Forecasted Collections Amount definition
Minimum Forecasted Collections Amount means on any Distribution Date during the Revolving Period, an amount equal to the Note Balance (after giving effect to payments of principal on the Notes on such Distribution Date) divided by 60%.
Minimum Forecasted Collections Amount. On any Payment Date during the Revolving Period, an amount equal to the Capital divided by 60.0%.
Minimum Forecasted Collections Amount. “Net Advance Rate,” “Outstanding Balance,” “Principal Distributable Amount,” “Termination Date,” “Required Reserve Account Amount” and “Servicer Termination Event” as set forth in Section 1.1 or (C) Section 2.7(a).
Examples of Minimum Forecasted Collections Amount in a sentence
Loan Balance shall be greater than or equal to Capitalequal or exceed the Minimum Forecasted Collections Amount.
More Definitions of Minimum Forecasted Collections Amount
Minimum Forecasted Collections Amount. On any Payment Date during the Revolving Period, an amount equal to the Aggregate Term Loan Balance (after giving effect to payments thereon on such Payment Date) divided by 60%. Minimum Weighted Average Spread Rate: 22.0%.