Weighted Average Remaining Maturity definition
Weighted Average Remaining Maturity means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number (rounded to the nearest one-tenth (1/10th)) equal to (i) the sum of the products for each such Eligible Loan of (A) the remaining term to maturity (in years, rounded to the nearest month and based upon the initial maturity date of such Eligible Loan) of such Eligible Loan times (B) the Outstanding Loan Balance of such Eligible Loan, divided by (ii) Aggregate Outstanding Loan Balance at such time.
Weighted Average Remaining Maturity means, as of any date of determination with respect to all Eligible Contracts included in the Borrower Collateral, the number of years following such date obtained by (i) summing the products obtained by multiplying (a) the remaining maturity measured in months divided by 12 at such time of each such Eligible Contract by (b) the Principal Balance of such Eligible Contract and (ii) dividing such sum by the Aggregate Outstanding Principal Balance of all Eligible Contracts included in the Borrower Collateral on such date.
Weighted Average Remaining Maturity means, with respect to the Notes Receivable included in the Collateral as of any Determination Date, the number equal to (i) the sum of the products for each such Note Receivable of (A) the remaining term to maturity of such Note Receivable (in years, rounded to the nearest one tenth thereof and based upon the initial maturity date of such Note Receivable) times (B) the Outstanding Note Receivable Balance of such Note Receivable divided by (ii) Aggregate Outstanding Note Receivable Balance at such time.
Examples of Weighted Average Remaining Maturity in a sentence
Weighted Average Coupon of Conduit Net Eligible Loans 0.0 % Weighted Average Remaining Maturity of Conduit Net Eligible (months) 0.0 Weighted Average Seasoning of Conduit Net Eligible (months) 0.0 Weighted Average FICO Score 0 Total Number of Loans 0 Credit Suisse $ — 100.00 % $ — 100.00 % $ — 100.00 % $ — 0.00 % $ — 0.00 % $ — 0.00 % The undersigned, an officer of Diamond Resorts Financial Services, Inc.
More Definitions of Weighted Average Remaining Maturity
Weighted Average Remaining Maturity means, with respect to the Note Receivables included in the Collateral as of any Determination Date, the number equal to (i) the sum of the products for each such Note Receivable of (A) the remaining term to maturity of such Note Receivable (in years, rounded to the nearest one tenth thereof and based upon the initial maturity date of such Note Receivable) times (B) the Outstanding Note Receivable Balance of such Note Receivable divided by (ii) Aggregate Outstanding Note Receivable Balance at such time.
Weighted Average Remaining Maturity means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number (rounded to
Weighted Average Remaining Maturity. Weighted Average CLTV:
Weighted Average Remaining Maturity means, as of any date of determination with respect to all Eligible Contracts included in the Collateral, the number of years following such date obtained by (i) summing the products obtained by multiplying (a) the remaining maturity measured in months divided by 12 at such time of each such Eligible Contract by (b) the Principal Balance of such Eligible Contract and (ii) dividing such sum by the Aggregate Outstanding Principal Balance of all Eligible Contracts included in the Collateral on such date.
Weighted Average Remaining Maturity means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number (rounded to the nearest one-tenth (1/10th)) equal to (i) the sum of the products for each such Eligible Loan of (A) the remaining term to maturity (in years, rounded to the nearest month and based upon the initial maturity date of such Eligible Loan) of such Eligible Loan times (B) the Outstanding Loan Balance of such Eligible Loan, divided by (ii) Aggregate Outstanding Loan Balance at such time. “Weighted Average Remaining Interest Only Period” means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number equal to (i) the sum of the products for each such Eligible Loan of (A) the remaining interest only period of such Eligible Loan times (B) the Outstanding Loan Balance of such Eligible
Weighted Average Remaining Maturity means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number (rounded to the nearest one-tenth (1/10th)) equal to (i) the sum of the products for each such Eligible Loan of
Weighted Average Remaining Maturity means, with respect to the Note Receivables included in the Collateral as of any Determination Date, the number equal to (i) the sum of the products for each such Note Receivable of (A) the remaining term to maturity of such Note Receivable (in years, rounded to the nearest one tenth thereof and based upon the initial maturity date of such Note Receivable) or any portion thereof in the event that different tranches of such Note Receivable have different maturity dates times (B) the Outstanding Note Receivable Balance of such Note Receivable or any portion thereof in the event that different tranches of such Note Receivable have different maturity dates divided by (ii) Aggregate Outstanding Note Receivable Balance at such time.