Applicable Valuation Percentage

Applicable Valuation Percentage. Means as of any date of determination, (i) for each Approved Financing with (a) a U.S. Federal Government Obligor, 85% or, with respect to any Delinquent U.S. Federal Government Contract, the applicable percentage set forth in such definition, (b) an Institutional Obligor, 80%, (c) a State/Local Obligor, 80%, (d) with respect to any Zero Value Approved Financing, 0%, or (e) such other percentage that may be prescribed by Administrative Agent in its discretion and set forth in the applicable... Underlying Financing Specification or its administration and revaluation of a Watched Loan pursuant to Section 9.1.3. View More