Examples of Aggregate Yield in a sentence
The Receivables Interest shall become zero when the Aggregate Capital and Aggregate Yield thereon shall have been paid in full, all the amounts owed by the Seller hereunder to each Purchaser, the Administrative Agent, and any other Indemnified Party or Affected Person, are paid in full and the Servicer shall have received all accrued and unpaid Servicing Fees.
After the Aggregate Capital, Aggregate Yield, all Program Fees and other Fees, Servicing Fees and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrative Agent or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional or remaining Collections with respect to the Pool Receivables shall be paid to the Seller for its own account.”.
The Purchased Interest shall be reduced to zero when (i) the Aggregate Investment and the Aggregate Yield of all Purchasers shall have been paid in full, (ii) all amounts owed by the Seller and the Servicer hereunder to each Purchaser, the Administrative Agent and any other Indemnified Party or Affected Person shall have been paid in full and (iii) the Servicer shall have received the accrued Servicing Fee thereon.
The most simplistic approach would be to calculate the Aggregate Yield using a Market Value Basis by adopting the following formula on the total Par Portfolio: IR Where, URCG/L means Unrealised Capital Gain/Loss.
After the Aggregate Capital, Aggregate Yield, all Program Fees and other Fees, Servicing Fees and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrative Agent or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional or remaining Collections with respect to the Pool Receivables shall be paid to the Seller for its own account.