Ending Balance Factor definition

Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of each Tranche of the Outstanding Notes (after any Principal Reduction Payments are made) by the original principal balance of such Tranche of the Notes and rounding the result to nine decimal places.
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Ending Balance Factor means, with respect to a class of the LIBOR Rate Notes, for any given day, the number calculated by dividing the unpaid principal balance of the Outstanding LIBOR Rate Notes of such class (after any Principal Reduction Payments are made), by the original principal balance of the LIBOR Rate Notes of such class, and rounding the result to nine decimal places.
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Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of the appropriate Class of the Outstanding LIBOR Rate Notes or Reset Rate Notes (after any Principal Reduction Payments are made thereto) by the original principal balance of such Class of the LIBOR Rate Notes or Reset Rate Notes, and rounding the result to nine decimal places.
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Examples of Ending Balance Factor in a sentence

  • Such notices, which shall clearly indicate that they relate to a pro rata reduction of principal on the notes of such Class of the LIBOR Rate Notes and the Reset Rate Notes, shall contain the Ending Balance Factor and the Indenture Trustee contact's name and telephone number, shall be sent by facsimile (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department at (212) 855-4555.

  • Each such notice shall (1) clearly indicate that it relates to a pro rata reduction of principal, (2) contain the Ending Balance Factor and the Trustee contact's name and telephone number, and (3) be sent by telecopy (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department at (▇▇▇) ▇▇▇-▇▇▇▇.

  • Such notices, which shall clearly indicate that they relate to a pro rata reduction of principal, shall contain the Ending Balance Factor and the Indenture Trustee contact's name and telephone number, shall be sent by facsimile (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department at (▇▇▇) ▇▇▇-▇▇▇▇.

  • Such notices, which shall clearly indicate that they relate to a reduction of principal, shall contain the Ending Balance Factor and the Indenture Trustee contact's name and telephone number, shall be sent by facsimile (or such other method designated by the Securities Depository) to the Securities Depository's Dividend Department.


More Definitions of Ending Balance Factor

Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of each Tranche of the 2000 Series Bonds Outstanding (after any Targeted Amortization Payments are made) by the original principal balance of such Tranche of the 2000 Series Bonds and rounding the result to nine decimal places.
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Ending Balance Factor means, with respect to any Quarterly Payment Date and a given series of Notes, the number calculated by dividing the unpaid principal balance of such series (after giving effect to any payment of principal on the Notes of such series on such Quarterly Payment Date) by the original principal balance of such series and rounding the result to nine decimal places.
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Ending Balance Factor means, for any given day, the number calculated by dividing the unpaid principal balance of the Outstanding Class A-1L Notes (after any Principal Reduction Payments are made) by the original principal balance of the Class A-1L Notes, and rounding the result to nine decimal places.
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Related to Ending Balance Factor

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;

  • Floating Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Invested Amount as of the last day of the preceding Monthly Period (or with respect to the first Monthly Period, the Initial Invested Amount) and the denominator of which is the greater of (1) the sum of (x) the total amount of Principal Receivables in the Trust at the end of the day on such date (or with respect to the first Monthly Period, at the end of the day on the Closing Date) and (y) the principal amount on deposit in the Excess Funding Account as of the end of the day on such date and (2) the sum of the numerators used to calculate the Series Percentages (as such term is defined in the Agreement) with respect to Finance Charge Receivables or Defaulted Receivables, as applicable, for all Series then outstanding; provided, however, that with respect to any Monthly Period in which an Addition Date occurs and the Servicer need not make daily deposits of Collections into the Collection Account, the denominator in (x) above shall be the Average Principal Balance; provided further, however, that with respect to any Monthly Period in which an Addition Date occurs and the Servicer is required to make daily deposits of Collections into the Collection Account, the denominator in (x) above shall be (1) for the period from and including the first day of such Monthly Period to but excluding the related Addition Date, the aggregate amount of Principal Receivables in the Trust at the end of the day on the last day of the prior Monthly Period and (2) for the period from and including the related Addition Date to and including the last day of such Monthly Period, the aggregate amount of Principal Receivables in the Trust at the end of the day on the related Addition Date.

  • Actual Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).