Examples of Annualized Default Rate in a sentence
Notwithstanding anything to the contrary herein, Included Repurchased Receivables shall be treated as Pool Receivables for purposes of each calculation of the Annualized Default Rate, Annualized Net Loss Rate, Delinquency Rate, Pool A Annualized Net Loss Rate and the Pool B Annualized Net Loss Rate required to be made hereunder (but for no other purpose).
As a result, several metrics in this report were impacted, including Defaulted Accounts during the Month, Annualized Default Rate, Series 2002-CC Defaulted Amount and Shared Excess Finance Charges of Series 2002-CC.
Annualized Default Rate - for any Due Period, the sum of the Discounted Present Value as of the related Determination Date of all Leases that became Non-Performing Leases during such Due Period minus the sum of the recoveries on Non-Performing Leases received during such Due Period, divided by the Discounted Present Value of the Leases on the Determination Date immediately preceding such Determination Date, multiplied by twelve.
For December, this change in methodology resulted in an additional increase of $40,961,451.31 in the Defaulted Amount and correspondingly an additional increase of 4.88% in the Annualized Default Rate for the Capital One Master Trust.
As one focus group discussant stated the health impacts of water hyacinth in the area as negatively impacted the health of lakeside communities.