Common use of Weighted Average Life to Maturity Clause in Contracts

Weighted Average Life to Maturity. As applied to any prepayment of principal of the Notes, at any date, the number of years obtained by dividing (a) the then outstanding principal amount of the Notes to be prepaid into (b) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity, or other required payment, including payment at final maturity, foregone by such prepayment by (ii) the number of years (calculated to the nearest 1/12th) which will elapse between such date and the making of such payment. Wholly-Owned Restricted Subsidiary - When applied to a Restricted Subsidiary, any Restricted Subsidiary 100% of the Voting Stock of which is owned by the Company or its Wholly-Owned Restricted Subsidiaries. Terms which are defined in other Sections of this Agreement shall have the meanings specified therein.

Weighted Average Life to Maturity. As applied to any prepayment of principal of the Notes, at any date, the number of years obtained by dividing (a) the then outstanding principal amount of the Notes to be prepaid prepaid, into (b) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity, or other required payment, including payment at final maturity, foregone by such prepayment in the case of a prepayment of the Notes by (ii) the number of years (calculated to the nearest 1/12th) which will elapse between such date and the making of such payment. Wholly-Wholly Owned Restricted Subsidiary - When applied to a Restricted Subsidiary, any Restricted Subsidiary 100% of the Voting Stock of which is owned by the Company or and/or its Wholly-Wholly Owned Restricted Subsidiaries. Terms which are defined in other Sections of this Agreement shall have the meanings specified therein.

Weighted Average Life to Maturity. As applied to any prepayment of principal of the Notes, at any date, the number of years obtained by dividing (a) the then outstanding principal amount of the Notes to be prepaid into (b) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity, or other required payment, including payment at final maturity, foregone by such prepayment by (ii) the number of years (calculated to the nearest 1/12th) which will elapse between such date and the making of such payment. Wholly-Owned Restricted Subsidiary - When applied to a Restricted Subsidiary, any Restricted Subsidiary 100% of the Voting Stock of which is owned by the Company Guarantor or its Wholly-Owned Restricted Subsidiaries. Terms which are defined in other Sections of this Agreement shall have the meanings specified therein.