Weighted Average Remaining Term to Maturity definition

Weighted Average Remaining Term to Maturity means a weighted average of the remaining terms to maturity of the Loan and Mortgage Investments of the Company, computed by weighing each maturity date (the date the Loan and Mortgage Investment comes due) by the value of the Loan and Mortgage Investment.
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Weighted Average Remaining Term to Maturity means a weighted average of the remaining terms to maturity of the Loan and Mortgage Investments or Investment in Finance Leases, as applicable, of the Company, computed by weighing each maturity date (the date the Loan and Mortgage Investment comes due) by the value of the Loan and Mortgage Investments or Investment in Finance Leases, as applicable.
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Weighted Average Remaining Term to Maturity means, as of any date of determination with respect to all Eligible Home Improvement Loans owned by the Borrower on such date, the number obtained by (a) summing the products obtained by multiplying (i) the remaining term to the stated maturity date (expressed in months) of each such Eligible Home Improvement Loan times (ii) the Home Improvement Loan Balance of each such Eligible Home Improvement Loan and (b) dividing such sum by the Aggregate Home Improvement Loan Balance as of such date of determination.
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Examples of Weighted Average Remaining Term to Maturity in a sentence

  • Weighted Average Original Loan-to-Value Ratio _____% ____% Weighted Average Remaining Term to Maturity.

  • N/A 1.00% Weighted Average Remaining Term to Maturity...............

  • Weighted Average Remaining Term to Maturity of Portfolio (WAM) in months 45.84 months 44.13 months 3.

  • Each Receivable has a final scheduled payment date which is not later than 60 months after the Closing Date (in the case of Initial Receivables) or the relevant Funding Date, and the addition of such Receivable will not cause the Weighted Average Remaining Term to Maturity of the Receivables to exceed 40 months.


More Definitions of Weighted Average Remaining Term to Maturity

Weighted Average Remaining Term to Maturity means, at any time, a term equal to:
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Related to Weighted Average Remaining Term to Maturity

  • Weighted Average Life to Maturity means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness.

  • Remaining Weighted Average Life on a given date with respect to any Equipment Note shall be the number of days equal to the quotient obtained by dividing (a) the sum of each of the products obtained by multiplying (i) the amount of each then remaining scheduled payment of principal of such Equipment Note by (ii) the number of days from and including such determination date to but excluding the date on which such payment of principal is scheduled to be made, by (b) the then outstanding principal amount of such Equipment Note.

  • Weighted Average Yield means with respect to any Loan, on any date of determination, the weighted average yield to maturity, in each case, based on the interest rate applicable to such Loan on such date and giving effect to all upfront or similar fees or original issue discount payable with respect to such Loan.

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Portfolio Investment included in the Borrowing Base, on an annualized basis, the Spread of such Floating Rate Portfolio Investments, by the outstanding principal balance of such Floating Rate Portfolio Investments as of such date and dividing such sum by the aggregate outstanding principal balance of all such Floating Rate Portfolio Investments and rounding the result up to the nearest 0.01%.

  • Weighted Average Spread means, as of any day, the number expressed as a percentage equal to (i) the Aggregate Funded Spread divided by (ii) the Aggregate Eligible Collateral Obligation Amount (excluding any interest that has been deferred and capitalized on any Deferrable Collateral Obligation).