Annualized. The increase in portfolio yield for the fiscal year ended June 30, 1996 and for the nine months ended March 31, 1997 reflects changes in the overall pricing distribution of the Bank Portfolio. The decline in portfolio yield for fiscal year 1995 is primarily the result of the Bank's focus on the direct solicitation of low-rate, no annual fee credit cards which on average had a lower introductory rate and which had the effect of lowering finance charge income and annual fee income. The accounts in the Bank Portfolio that are not included in the Trust Portfolio are primarily newly originated accounts with a greater proportion of Receivables arising under accounts generated under this type of solicitation than the average accounts in the Trust Portfolio, which are more seasoned. Therefore, the actual portfolio yield with respect to the Receivables in the Trust Portfolio may be different from that set forth above. THE RECEIVABLES The Receivables in the Accounts selected from the Bank Portfolio included and to be included in the Trust on the basis of criteria set forth in the Pooling and Servicing Agreement (the "Trust Portfolio") (including the additional Accounts added to the Trust on May 8, 1997 and certain additional Accounts designated to be added to the Trust on the Closing Date), as of the close of business on April 30, 1997, consisted of $21,588,400,896 of principal Receivables and $609,405,512 of finance charge Receivables. On March 25, 1997 and April 23, 1997 (the "Relevant Cut Off Dates"), the Transferor designated additional Accounts, which included approximately $1,277,397,526 of principal Receivables as of the close of business on April 30, 1997, and will transfer the Receivables arising therein to the Trust on the Closing Date. In addition, on the Closing Date, the Transferor will deposit $1,200,000 into the finance charge account, which will be applied as collections of finance charge Receivables received during the initial monthly period and allocated to Series 1997-4. The additional Accounts to be added to the Trust on the Closing Date were, as of the Relevant Cut Off Dates, Eligible Accounts. The Accounts, including such additional Accounts, had an average principal Receivable balance of $2,078 (including accounts with a zero balance) and an average credit limit of $8,557. The percentage of the aggregate total Receivable balance to the aggregate total credit limit was 25.0%. As of April 30, 1997, cardholders whose Accounts are included in the ...
Annualized. -------------------------------------------------------------------------------- --------------------------------------------------------------------------------
Annualized. All salaries of Administrative Assistants and Aides will be annualized. Those employees have the following payment options:
Annualized. All salaries will be annualized.
Annualized. The conversion rate of a financial asset or instrument annually
Annualized. MSARC MSARC ----------- ----------- Months 1 - 6 $ 8,000,000 Months 7 - 12 $10,000,000 $18,000,000 Months 13 - 18 $10,000,000 Months 19 - 24 $10,000,000 $20,000,000 Months 25 - 30 $10,000,000 Months 31 - 36 $10,000,000 $20,000,000 If, at the end of each semi-annual period following CISD, the Customer failed to satisfy the MSARC, the Customer will be billed the difference between the MSARC and actual Net Billing for that semi-annual period. However, if on any anniversary of the CISD, the Customer satisfies the Annualized MSARC for AT&T Custom SDN Service and International Calling Capability, AT&T DNS Service and International Calling Capability, AT&T MEGACOM Service and International Calling Capability, and AT&T 800 Service, excluding any shortfall charges(s) paid by the Customer for the preceding 12-month period, any MSARC shortfall charge(s) for AT&T Custom SDN Service and International Calling Capability, AT&T DNS Service and International Calling Capability, AT&T MEGACOM Service and International Calling Capability, and AT&T 800 Services, pursuant to this Section, incurred by the Customer in the preceding 12-month period, will be applied as a credit to the Customer's bill. 19 CONFIDENTIAL AND PROPRIETARY between AT&T and EqualNet Corporation
Annualized. Ninety-Nine Thousand Five Hundred Forty-One and 92/100 Dollars ($99,541.92)
Annualized. Recurring Revenue:Borrower shall cause Parent to maintain Annualized Recurring Revenue of not less than the following amounts as of the following dates: Period Minimum Annualized Recurring Revenue March 31, 2019 [***] June 20, 2019 [***] [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission. September 30, 2019 [***] December 31, 2019 [***] End of each quarter thereafter [***] *For periods after December 31, 2019, the above covenants shall be determined as follows: On or before January 31, 2020, and January 31 in each succeeding year, Parent shall submit to Lender projections for the period the following year, on a quarterly basis, as approved by Parent’s Board of Directors, which shall include projections of Annualized Recurring Revenue for such periods, and Lender and Parent shall attempt to agree in writing on the amount of the minimum Annualized Recurring Revenue which Parent shall be required to maintain for such periods. If for any reason Parent and Lender are not able to agree in writing on the same, prior to February 14, 2020, or February 14 of any subsequent year, then the minimum Annualized Recurring Revenue for the quarters in the following year shall be determined by Lender, based on said projections, in Lender’s Good Faith Business Judgment. As used herein, [***].
Annualized. ------------------------ AIM V.I. HIGH YIELD FUND ------------------------ OBTAINING ADDITIONAL INFORMATION -------------------------------------------------------------------------------- More information may be obtained free of charge upon request. The Statement of Additional Information (SAI), a current version of which is on file with the Securities and Exchange Commission (SEC), contains more details about the fund and is incorporated by reference into the prospectus (is legally a part of this prospectus). Annual and semiannual reports to shareholders contain additional information about the fund's investments. The fund's annual report also discusses the market conditions and investment strategies that significantly affected the fund's performance during its last fiscal year. If you wish to obtain free copies of the fund's current SAI, please send a written request to A I M Distributors, Inc., 11 Greenway Plaza, Suite 100, Houston, Texas 77046-1173 or call (800) 000-0000. Xxx xxxx xxx xxxxxx xxx xxxxxx xxxxxx of the fxxx'x XXX, xxxorts and other information at the SEC's Public Reference Room in Washington, DC; on the EDGAR database on the SEC's Internet website (http://www.sec.gov); xx, xfter paying a duplication fee, by sending x xxxxxx xx xxx XEC's Public Reference Section, Washington DC 20549-0102 or by sending an electronic mail request to publicinfo@sec.gov. Please call the SEC at 1-202-942-8090 for inforxxxxxx xxxxx xxx Xublic Reference Room. ------------------------------------ AIM V.I. HIGH YIELD FUND SERIES I SEC 1940 Act file number: 811-7452 ------------------------------------ AIMinvestments.com APPENDIX III AIM V.I. HIGH YIELD FUND MANAGEMENT'S DISCUSSION OF FUND PERFORMANCE BEAR MARKET PERSISTS THROUGHOUT FISCAL YEAR It was another banner year for investment-grade bonds but high yield bonds, which respond more to economic conditions than interest rate changes, faced a difficult year. For the year ended December 31, 2002, AIM V.I. High Yield Fund Series I shares posted a return of -5.84%, while Series II shares returned -6.08%.* By comparison, the Lehman High Yield Index and Lipper High Yield Bond Fund Index, retuxxxx -1.41% and -2.41%, respectively, over the same period. Underscoring investor sentiment toward higher-quality investments, the Lehman Aggregate Bond Index returned 10.25% for the year. RELEVANT XXXXXT CONDITIONS 2002 began favorably for the fund and the high yield market as a whole. In January, investors assumed an economic r...
Annualized. ORBITEX LIFE SCIENCES & BIOTECHNOLOGY FUND, INC. NOTES TO FINANCIAL STATEMENTS OCTOBER 31, 2001
