Blended Advance Rate

Blended Advance Rate. Shall mean, as applicable, either (i) the percentage designated by the Company, in its sole discretion, on the day of the most recent Funding as the Blended Advance Rate applicable to the Loans which are the subject of such Funding, or (ii) the percentage designated by the Company, in its sole discretion (using methodology similar to that utilized in determining Blended Advance Rates in ... connection with Fundings that occurred prior to the date of this Amended and Restated Agreement and which may take into account the fees and expenses of any Back-up Servicer), on the day funds are released to the Debtor pursuant to the Release Provisions as the Blended Advance Rate applicable to the Loans which are the subject of such release. As of the Closing Date, the Blended Advance Rate will be 72.77%. View More