Day+ Rolling Average definition

Day+ Rolling Average. As to any Distribution Date, the average of the 60 Day Delinquency Percentage for each of the three (3) immediately preceding Collection Periods.
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Day+ Rolling Average. With respect to any Distribution Date, the average of the applicable 90 Day Delinquency Amounts for each of the [ ] immediately preceding Due Periods.]
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Day+ Rolling Average. As to any Payment Date, the average of the 60 Day Delinquency Percentage for each of the three (3) immediately preceding Collection Periods; PROVIDED, HOWEVER, that for the initial Payment Date, the 60 Day+ Rolling Average shall equal the 60 Day Delinquent Percentage for the immediately preceding Collection Period and for the second Payment Date, the 60 Day+ Rolling Average shall equal the average of the 60 Day Delinquency Percentage for the immediately two preceding Collection Periods.
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Examples of Day+ Rolling Average in a sentence

  • The 60 Day+ Rolling Average will equal the rolling 3 month average percentage of Mortgage Loans that are 60 or more days delinquent.

  • TRIGGER EVENT: A Trigger Event is in effect on any Distribution Date if (i) on that Distribution Date the 60 Day+ Rolling Average equals or exceeds 50% of the prior period's Senior Enhancement Percentage and (ii) may include other trigger events related to the performance of the Mortgage Loans.

  • Any Distribution Date on which the 60 Day+ Rolling Average equals or exceeds [ ]% of the Enhancement Percentage; provided a Trigger Event shall not be in effect if the Enhancement Percentage exceeds the Stepped Up Enhancement Level.

  • Delinquency Trigger A Delinquency Trigger Event is in effect on any Event: Distribution Date if on that Distribution Date the 60 Day+ Rolling Average equals or exceeds [50%] of the prior period's Senior Enhancement Percentage.

  • Maingate support keeps the customer informed about issues that can not be handled immediately by sending status reports at regular intervals.

Related to Day+ Rolling Average

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Monthly Average means the highest allowable average of “daily discharges” over a calendar month, calculated as the sum of all “daily discharges” measured during a calendar month divided by the number of “daily discharges” measured during that month. For Fecal Coliform Bacteria (FCB) or E-Coli, report the monthly average.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Weighted Average means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;