Weighted Average Price Gap

Weighted Average Price Gap. Means, at any time, the percentage determined by the Administrative Agent equal to (x) the weighted average of the Asset Current Price of the Collateral Obligations (with respect to each Collateral Obligation, expressed as a percentage of principal or face amount, at such time) minus (y) (i) the Loan Amount (less any cash on deposit in the Principal Collection Account) divided by (ii) the Dollar Equivalent of the aggregate outstanding principal or face amount of the Collateral Obligations. For... the avoidance of doubt, more than one Value Adjustment Event may occur with respect to any Collateral Obligation. View More