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 2006 Bonds Outstanding (after any Principal Reduction Payments are made) by the original principal balance of such Tranche of the 2006 Bonds and rounding the result to nine decimal places.
Sample 1
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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3

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.

  • Cusip/Isin Beginning Balance $ Index Spread/Fixed Rate Record Date (Days Prior to Distribution) Accrual Period Begin Accrual Period End Daycount Fraction Interest Rate* Accrued Interest Factor Current Interest Due $ Interest Shortfall from Prior Period Plus Accrued Interest Total Interest Due $ Interest Paid $ Interest Shortfall Principal Paid $ Ending Principal Balance $ Paydown Factor Ending Balance Factor * Pay rates for Current Distribution.

  • 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 (000) 000-0000.

  • 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 (000) 000-0000.

  • Cusip/Isin Beginning Balance $ 343,926,697.94 $ 35,000,000.00 Index Spread/Fixed Rate Record Date (Days Prior to Distribution) Accrual Period Begin Accrual Period End Daycount Fraction Interest Rate* Accrued Interest Factor Current Interest Due $ Interest Shortfall from Prior Period Plus Accrued Interest Total Interest Due $ Interest Paid $ Interest Shortfall Principal Paid $ Ending Principal Balance $ Paydown Factor Ending Balance Factor * Pay rates for Current Distribution.

  • 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.

  • Cusip/Isin Beginning Balance $ Index Spread/Fixed Rate Record Date (Days Prior to Distribution) Accrual Period Begin Accrual Period End Daycount Fraction Interest Rate* Accrued Interest Factor Current Interest Due $ Interest Shortfall from Prior Period Plus Accrued Interest $ Total Interest Due $ Interest Paid $ Interest Shortfall $ Principal Paid $ Ending Principal Balance $ Paydown Factor Ending Balance Factor * Pay rates for Current Distribution.

  • Distribution Amounts Cusip/Isin Beginning Balance Index Spread/Fixed Rate Record Date (Days Prior to Distribution) Accrual Period Begin Accrual Period End Daycount Fraction Interest Rate* Accrued Interest Factor Current Interest Due Interest Shortfall from Prior Period Plus Accrued Interest Total Interest Due Interest Paid Interest Shortfall Principal Paid Ending Principal Balance Paydown Factor Ending Balance Factor * Pay rates for Current Distribution.

  • Cusip/Isin Beginning Balance Index Spread/Fixed Rate Record Date (Days Prior to Distribution) Accrual Period Begin Accrual Period End Daycount Fraction Interest Rate* Accrued Interest Factor Current Interest Due Interest Shortfall from Prior Period Plus Accrued Interest Total Interest Due Interest Paid Interest Shortfall Principal Paid Ending Principal Balance Paydown Factor Ending Balance Factor * Pay rates for Current Distribution.


More Definitions of Ending Balance Factor

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.
Sample 1
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.
Sample 1
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.
Sample 1

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, with respect to a Plan Year, the ratio (expressed as a percentage) of the sum of the amount of (a) Matching Contributions, (b) After-Tax Contributions, (c) Qualified Nonelective ESOP Contributions, and (d) Tax Deferred Contributions recharacterized as After-Tax Contributions, made on behalf of the Participant for the Plan Year to the Participant’s Testing Compensation for the Plan Year.

  • 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).

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

  • Valuation Percentage means, for any item of Eligible Collateral, the percentage specified in Paragraph 13.

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Adjusted Actual/360 Accrued Interest Amount with respect to any REMIC I Regular Interest referred to in clause (B) of the second sentence of the prior paragraph, for any Interest Accrual Period, is an amount of interest equal to the product of (a) the Net Mortgage Rate then in effect (including as a result of any step-up provision) for the related Mortgage Loan under the original terms of such Mortgage Loan in effect as of the Closing Date (without regard to any modifications, extensions, waivers or amendments of such Mortgage Loan subsequent to the Closing Date, whether entered into by the Master Servicer or the Special Servicer or in connection with any bankruptcy, insolvency or other similar proceeding involving the related Borrower), multiplied by (b) a fraction, the numerator of which is the number of days in such Interest Accrual Period, and the denominator of which is 360, multiplied by (c) the Uncertificated Principal Balance of such REMIC I Regular Interest immediately prior to the Distribution Date that corresponds to such Interest Accrual Period; provided that, if the subject Interest Accrual Period occurs during (x) December of any year that does not immediately precede a leap year or (y) January of any year, then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be decreased by the Interest Reserve Amount, if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.04(c), from the Distribution Account to the Interest Reserve Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period; and provided, further, that, if the subject Interest Accrual Period occurs during February of any year (or during any December or January preceding the month of the Final Distribution Date), then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be increased by the Interest Reserve Amount(s), if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.05(c), from the Interest Reserve Account to the Distribution Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period.

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Group I Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Termination Percentage has the meaning set forth in Section 2.2.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Note Factor means, with respect to the Notes or any Class of Notes on any Payment Date, a six-digit decimal figure equal to the Note Balance of the Notes or such Class of Notes, as applicable, as of the end of the preceding Collection Period divided by the Note Balance of the Notes or such Class of Notes, as applicable, as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of the Notes or such Class of Notes, as applicable.

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Performance Factors means any of the factors selected by the Committee and specified in an Award Agreement, from among the following objective measures, either individually, alternatively or in any combination, applied to the Company as a whole or any business unit or Subsidiary, either individually, alternatively, or in any combination, on a GAAP or non-GAAP basis, and measured, to the extent applicable on an absolute basis or relative to a pre-established target, to determine whether the performance goals established by the Committee with respect to applicable Awards have been satisfied:

  • Net Liquidation Percentage means the percentage of the book value of Borrowers’ Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected by Agent.

  • NET INVESTMENT FACTOR The Net Investment Factor for each Sub-Account is determined by dividing A by B and subtracting C where: A is (i) the net asset value per share of the Investment Options or Portfolios of an Investment Option held by the Sub-Account for the current Valuation Period; plus

  • Actual Deferral Percentage means, for a specified group of Participants for a Plan Year, the average of the ratios (calculated separately for each Participant in the group) of (1) the amount of Employer contributions actually paid over to the Trust on behalf of the Participant for the Plan Year to (2) the Participant's Earnings for the Plan Year (or, provided that the Employer applies this method to all Employees for a Plan Year, the Participant's Earnings for that portion of the Plan Year during which he was eligible to participate in the Plan). Employer contributions on behalf of any Participant shall include: (i) his Elective Deferrals, including Excess Elective Deferrals of Highly Compensated Employees, but excluding (A) Excess Elective Deferrals of Non-Highly Compensated Employees that arise solely from Elective Deferrals made under the Plan or another plan maintained by an Affiliated Employer, and (B) Elective Deferrals that are taken into account in the Average Contribution Percentage test described in Section 5.10 (provided the ADP test is satisfied both with and without exclusion of these Elective Deferrals), and excluding Elective Deferrals returned to a Participant to reduce an Excess Amount as defined in Section 6.5(f); and (ii) if the Employer has elected to make Qualified Nonelective Contributions, such amount of Qualified Nonelective Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test; and (iii) if the Employer has elected to make Qualified Matching Contributions, such amount of Qualified Matching Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for his failure to make Elective Deferrals shall be treated as a Participant on whose behalf no Elective Deferrals are made.

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Prepayment Distribution Percentage With respect to any Distribution Date and each Class of Subordinate Certificates, under the applicable circumstances set forth below, the respective percentages set forth below:

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Series Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the numerator used in determining the Allocation Percentage for Finance Charge Collections for that Monthly Period and the denominator of which is the sum of the numerators used in determining the Allocation Percentage for Finance Charge Collections for all outstanding Series on such date of determination; provided that if one or more Reset Dates occur in a Monthly Period, the Series Allocation Percentage for the portion of the Monthly Period falling on and after each such Reset Date and prior to any subsequent Reset Date will be determined using a denominator which is equal to the sum of the numerators used in determining the Allocation Percentage for Finance Charge Collections for all outstanding Series as of the close of business on the subject Reset Date.

  • Quarterly Excess Available Funds Percentage means, with respect to the March 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.