Remaining Weighted Average Life. On a given date with respect to any Certificate the number of days equal to the quotient obtained by dividing (i) the sum of each of the products obtained by multiplying (a) the amount of each then remaining scheduled payment of principal of such Certificate by (b) the number of days from and including such prepayment date to but excluding the dates on which each such payment of principal is scheduled to be made; by (ii) the then outstanding principal amount of such Certificate.
Appears in 26 contracts
Samples: Lease Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp), Indenture and Security Agreement (Federal Express Corp)
