Average Maturity means, on any day, that period (expressed in days) equal to the average maturity of the Pool Receivables as shall be calculated by the Collection Agent as set forth in the most recent Investor Report in accordance with the provisions thereof; provided, however, that, if the Agent shall disagree with any such calculation, the Agent may recalculate the Average Maturity for such day.

Average Maturity means the average maturity of the Bonds as defined in Section 147(b) of the Code.

Average Maturity means, in relation to any Facility, the weighted average maturity of all the Tranches made available under such Facility where the maturity of each Tranche is determined by reference to its final scheduled repayment date (for Tranches where the principal is repaid in full in one single payment at its maturity) or the scheduled amortisations of Financial Assistance (or Tranches thereof) (for any Tranche the principal of which is repayable in scheduled instalments).

Examples of Average Maturity in a sentence

Average Cost(b) (%)Weighted Average Maturity (Years) Amount Payable/ (Receivable)Wgtd.
Average Maturity: computed by weighting the maturity of each security in the portfolio by the market value of the security, then averaging these weighted figures.
Agency shall be responsible for obtaining and maintaining any equipment and ancillary services needed to connect to, access or otherwise use the Services.
The SIF uses the Weighted Average Maturity (WAM) method to analyze interest rate risk and investment guidelines mandate that the weighted average maturity for the entire portfolio will not exceed one year.
All Securitized papers would be valued on the basis of the Base Yield Curve and the applicable spreads as per the spread matrix relative to the Weighted Average Maturity of the paper.

More Definitions of Average Maturity

Average Maturity means at any time that period of days equal to the average days sales outstanding of the Pool Receivables calculated by the Servicer in the then most recent Servicer Report; provided, that if the Agent shall disagree with any such calculation, the Agent may reasonably recalculate such Average Maturity, and any such recalculation upon disclosure to Servicer and Seller shall be prima facie evidence of such Average Maturity absent manifest error.

Average Maturity means the average maturity of the Bonds as defined in ss. 147(b) of the Code.

Average Maturity has the meaning set forth in Appendix B .

Average Maturity means, on any day, that period (expressed in days) equal to the weighted average maturity of the Receivables as shall be calculated by the Servicer as set forth in the most recent Investor Report or Weekly Report in accordance with the provisions thereof; provided, however, that if the Program Agent should determine that such method of calculation no longer accurately reflects the average maturity of the Receivables, the Program Agent may recalculate the Average Maturity for such day using the Program Agent's own method.

Average Maturity means, in relation to any Facility, the weighted average maturity of all the Disbursements made available under such Facility where the maturity of each Disbursement is determined by reference to its final scheduled repayment date (for Disbursements where the principal is repaid in full in one single payment at its maturity) or the scheduled amortisations of Financial Assistance (or Disbursements thereof) (for any Disbursements the principal of which is repayable in scheduled instalments).