Default Ratio Multiplier

Example Definitions of "Default Ratio Multiplier"
Default Ratio Multiplier. Means, at any time, the three-month rolling arithmetic average Default Ratio for the most recent Collection Period. The three-month rolling arithmetic average Default Ratio shall be computed on each Determination Date by dividing the sum of the Default Ratios for the three immediately preceding Collection Periods by three.
Found in BELK INC contract
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