Weighted Average Maturity. In the judgment of the Agency, the weighted average maturity of the Allocable Bonds set forth in Attachment 1 does not exceed 120% of the average reasonable expected economic life of the Project.
Weighted Average Maturity. The weighted average maturity of a Pool Certificate is a dollar weighted average maturity that is calculated by multi- plying the remaining term, in months, of each Loan Interest in a Pool by the ratio of that Loan Interest’s current outstanding pooled principal to the current aggregate outstanding pooled principal of all Loan Interests in the Pool, and adding the sum of the result- ing products. The weighted average maturity of a Pool Certificate will fluctuate over the life of the Pool as Loan Interest defaults, prepayments and normal Loan Interest repayments occur. § 120.1701 Program purpose. As authorized by the American Re- covery and Reinvestment Act of 2009 (Recovery Act), SBA establishes the Program to authorize an entity to apply for SBA’s guarantee of Pools comprised of portions of First Lien Po- sition 504 Loans backing Pool Certifi- xxxxx to be sold to Pool Investors. The purpose of the Program is to tempo- rarily provide a federal guarantee for Pools of First Lien Position 504 Loans to facilitate the sale of such loans and increase the liquidity of the lenders holding the loans so that the lenders can use the sale proceeds to fund more such loans. The Program’s authoriza- tion expires on September 23, 2012 and the Administrator may guarantee not more than $3,000,000,000 of pools under this authority pursuant to section 503(c)(B)(iii) of the Recovery Act, as amended by section 1119 of the Small Business Jobs Act of 2010. [61 FR 3235, Jan. 31, 1996, as amended at 76 FR 63547, Oct. 12, 2011] § 120.1702 Program fee.
Weighted Average Maturity. The weighted average maturity of a Pool Certificate is a dollar weighted average maturity that is calculated by multi- plying the remaining term, in months, of each Loan Interest in a Pool by the ratio of that Loan Interest’s current outstanding pooled principal to the current aggregate outstanding pooled principal of all Loan Interests in the Pool, and adding the sum of the result- ing products. The weighted average maturity of a Pool Certificate will fluctuate over the life of the Pool as Loan Interest defaults, prepayments and normal Loan Interest repayments occur. § 120.1701 Program purpose. As authorized by the American Re- covery and Reinvestment Act of 2009 (Recovery Act), SBA establishes the Program to authorize an entity to apply for SBA’s guarantee of Pools comprised of portions of First Lien Po- sition 504 Loans backing Pool Certifi- xxxxx to be sold to Pool Investors. The purpose of the Program is to tempo- rarily provide a federal guarantee for
Weighted Average Maturity. The weighted average maturity (defined below) of the Issue is [ ] year and the remaining weighted average maturity of the Current Refunded Notes is [ ] years. The weighted average maturity of an issue is equal to the sum of the products of the Initial Offering Price of each maturity of the issue and the number of years to the maturity date of the respective maturity (taking into account mandatory but not optional redemptions), divided by the Initial Offering Price of the entire Issue.
Weighted Average Maturity. 12/13 - 20 Years at 3.75% | SINGLE PURPOSE | 12/14/2017 | 9:31 AM Xxxxxx X. Xxxx & Company Public Finance Ouray County Series 2018 Lease Purchase Loan 12/13 - 20 Years at 3.75% Pricing Summary Maturity Type of Bond Coupon Yield Maturity Value Price Dollar Price 12/01/2037 Term 1 Coupon 3.750% 3.750% 6,000,000.00 100.000% 6,000,000.00 Total - - - $6,000,000.00 - $6,000,000.00 Bid Information $6,000,000.00 $6,000,000.00 6,000,000.00 $6,000,000.00 $75,563.33 12.594 Years 3.7500000% 3.7500000% 3.7504305% Par Amount of Bonds................................................................................................................................................
Weighted Average Maturity. As of the Cutoff Date, the weighted average ------------------------- remaining term to maturity of the Receivables was approximately 51.74 months.
Weighted Average Maturity. The Initial Receivables shall have a scheduled weighted average maturity of not more than _____ months.
Weighted Average Maturity. The Underwriter hereby confirms that the weighted average maturity of the Bonds is not greater than [ ] years.] The representations set forth in this certificate are limited to factual matters only. Nothing in this certificate represents the Underwriter’s interpretation of any laws, including specifically Sections 103 and 148 of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations thereunder. The undersigned understands that the foregoing information will be relied upon by the Issuer and the Borrower with respect to certain of the representations set forth in the Tax Exemption Certificate and Agreement and the Provisions of Sections 103 and 141-150 of the Internal Revenue Code of 1986 and with respect to compliance with the federal income tax rules affecting the Bonds, and by Xxxxxxxxxxx Xxxxx Xxxxxxx Xxxxxx LLP, Austin, Texas, Bond Counsel, in connection with rendering its opinion that the interest on the Bonds is excluded from gross income for federal income tax purposes, the preparation of the Internal Revenue Service Form 8038, and other federal income tax advice that it may give to the Issuer and the Borrower from time to time relating to the Bonds. Dated: October , 2024 [Underwriter’s signature page to Issue Price Certificate] Dated as of the date hereof. XXXXXX, XXXXXXXX & COMPANY, INCORPORATED By: Xxxxxxx X. Xxxxx
Weighted Average Maturity. For purposes of the Information Return for Tax-Exempt Private Activity Bond Issues, Form 8038 (Rev. April 2011) (“Form 8038”), prepared with respect to the Subordinate Bonds, the Underwriter hereby certifies that the weighted average maturity of the Subordinate Bonds is years.
Weighted Average Maturity. Maximum 360 days
