Weighted Average Remaining Term definition
Weighted Average Remaining Term means, as of any date of determination, the weighted average (weighted solely based upon the Outstanding Balances of the Eligible Receivables as of such date of determination) of the then unexpired terms to stated maturity under the Contracts related to the Eligible Receivables.
Weighted Average Remaining Term means, as of any Payment Date, a number of months equal to (x) the sum for each Loan that is a Pledged Loan as of the last day of the related Due Period of the product of (i) the Loan Balance of such Loan as of the last day of the related Due Period and (ii) the number of months remaining in the term of such Loan as of the last day of the related Due Period, divided by (y) the sum of the Loan Balances of all Pledged Loans as of the last day of the related Due Period.
Weighted Average Remaining Term means the weighted average remaining maturities of the Purchased Assets calculated to equal (i) the aggregate amount of the remaining Scheduled Contract Payments of each Purchased Receivable times the remaining term of such Purchased Receivable (expressed in years, or fractions thereof), divided by (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Purchased Receivables (each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Purchased Receivables to be purchased on such date).
Examples of Weighted Average Remaining Term in a sentence
Weighted Average Original Loan-to-Value Ratio _____% ____% Weighted Average Remaining Term to Maturity.
Pool Assets At The Beginning And Ending Of Each Period, And Updated Pool Composition Information, Such As Weighted Average Coupon, Weighted Average Remaining Term, Pool Factors And Prepayment Amounts.
On each subsequent Purchase Date, after giving effect to the Purchases to be made on such date, the Weighted Average Remaining Term does not exceed 65 months.
The Company has received as of the date of this Agreement the opinion of Cowe▇ & ▇ompany to the effect that, as of such date, the Merger Consideration is fair, from a financial point of view, to the holders of Company Common Stock (other than Parent and its affiliates).
Weighted Average Remaining Term to Maturity of Portfolio (WAM) in months 45.84 months 44.13 months 3.
More Definitions of Weighted Average Remaining Term
Weighted Average Remaining Term means, for purposes of meeting the 4 MM Condition in Section 2.04(c), the average amount of time remaining before expiration of the Finished Sand Inventory purchase contracts by one or more Approved Offtakers. For example, suppose Vista Sand has two purchase contracts, one for aggregate remaining minimum volume of 5,000,000 tons and the other for aggregate remaining minimum volume of 10,000,000 tons, for total remaining minimum volume of 15,000,000 tons. The 5,000,000 ton purchase contract expires in five years, and the 10,000,000 ton purchase contract in 10 years. The Weighted Average Remaining Term is calculated as: (5,000,000 tons / 15,000,000 tons) * 5 years + (10,000,000 tons / 15,000,000 tons) * 10 years = 8 1/3 years. For the avoidance of doubt, “remaining minimum” volume means Finished Sand Inventory that has not yet been delivered and shall include only committed volumes.
Weighted Average Remaining Term means, at any time, the weighted average remaining term of the Purchased Assets calculated in a manner acceptable to the Purchaser.
Weighted Average Remaining Term means, at any time, a term ------------------------------- (calculated in years) equal to: { (Pn x Tn) n ---------- ELRB where: { = The mathematical symbol for summation. The summation is computed from 1 to n, where n is the number of remaining Periodic Installments of Rent which comprise all Eligible Lease Receivables at such time. Pn = The amount of the nth Periodic Installment of Rent which comprises such Eligible Lease Receivables. Tn = The remaining period, in years, from such time until the scheduled due date of such nth Periodic Installment of Rent. ELRB = The Eligible Lease Receivables Balance at such time.
Weighted Average Remaining Term 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 term to maturity (in years, rounded to the nearest one tenth thereof and based upon the initial maturity date of such Eligible Loan) of such Eligible Loan times (B) the Outstanding Loan Balance of such Loan, divided by (ii) Aggregate Outstanding Loan Balance at such time.
Weighted Average Remaining Term means the weighted average remaining maturities of the Transferred Assets or the Pledged Assets, as the case may be, calculated to equal (i) the aggregate amount of the remaining Scheduled Contract Payments of each Receivable or Pledged Receivable, as the case may be, TIMES the remaining term of such Receivable or Pledged Receivable, as the case may be, DIVIDED BY (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Receivables or Pledged Receivables, as the case may be,(each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Receivables to be purchased on such date).
Weighted Average Remaining Term means, as of any date of determination with respect to all Eligible Collateral Loans, the number of years following such date obtained by:
Weighted Average Remaining Term means, at any time, a term (calculated in years on an aggregate basis) equal to two (2) years.