Expected Interest definition

Expected Interest means, with respect to any Collection Period, the product of (i) one-twelfth of the weighted average of the APRs (calculated based on a 360-day year consisting of twelve 30-day months) of Simple Interest Receivables which were neither 30 days or more delinquent (calculated based on a 360-day year consisting of twelve 30-day months) nor Defaulted Receivables as of the first day of the current Collection Period, weighted on the basis of the aggregate Principal Balances of such Simple Interest Receivables as of the first day of the current Collection Period and (ii) the aggregate Principal Balances of Simple Interest Receivables which were neither 30 days or more delinquent (calculated based on a 360-day year consisting of twelve 30-day months) nor Defaulted Receivables, as of the close of business on the last day of the immediately preceding Collection Period.
Sample 1Sample 2Sample 3
Expected Interest means, with respect to any Collection Period, the product of (i) one-twelfth of the weighted average of the APRs (calculated based on a 360-day year of twelve 30-day months) of Simple Interest Receivables which were neither 30 days or more delinquent (calculated based on a 360-day year of twelve 30-day months) nor Defaulted Receivables as of the first day of the current Collection Period, weighted on the basis of the aggregate Principal Balances of such Simple Interest Receivables as of the first day of the current Collection Period and (ii) the aggregate Principal Balances of Simple Interest Receivables which were neither 30 days or more delinquent (calculated based on a 360-day year of twelve 30-day months) nor Defaulted Receivables as of the close of business on the last day of the immediately preceding Collection Period.
Sample 1Sample 2Sample 3
Expected Interest means, for any calendar month, the sum of (i) the amount of interest due or accrued with respect to the Pledged Eligible Receivables and payable by the related Obligors thereof during such calendar month (whether or not such interest is actually paid) and (ii) earnings on Eligible Investments in respect of the Accounts during such calendar month.
Sample 1Sample 2

Examples of Expected Interest in a sentence

  • Expected Interest rate Parity Invest $1 in the US at the risk free interest rate and the payoff a year from now is 1+It. Now consider taking a $ and investing it in Japan at the Japanese risk free rate.

  • Except as provided in (a) in the previous sentence, the Expected Interest Amount in respect of a Reference Obligation shall be determined without regard to (i) unpaid amounts in respect of accrued interest on prior Reference Obligation Payment Dates or (ii) any prepayment penalties or yield maintenance provisions.

  • We also find that the average dislike for government LPs is present regardless of whether the synthetic profile being rated was ranked below-median according to the Expected Interest measure (i.e., the response to our second question on how likely the respondent thinks that the given potential partner would be interested in matching with them).

  • The 12 months ECL is a portion of the lifetime ECL which results from default events that are possible within 12 months after the reporting date.ECL is the difference between all contractual cash flows that are due to the Company in accordance with the contract and all the cash flows that the entity expects to receive (i.e. all shortfalls), discounted at the original Expected Interest Rate (EIR).

  • Table 2 summarizes:CONSUMER LITIGATION FUNDING Page 16 Table 2- Hypothetical Amount Due on a $1000 funding, per type of interest TotalType of InterestInterest Rate perFunding Period 42%Simple(The Expected Interest Rate)Compounded Annually44%Compounded Monthly51% % of Completed Cases Funded in This Way 4%8%88% Amt.

  • The 12 months ECL is a portion of the lifetime ECL which results from default events that are possible within 12 months after the reporting date.ECL is the difference between all contractual cash flows that are due to the Group in accordance with the contract and all the cash flows that the entity expects to receive (i.e. all shortfalls), discounted at the original Expected Interest Rate (EIR).

  • Guidance Curriculum 2006-2007The majority of the guidance curriculum in 2006-07 will revolve around the Six Year Plan (See Goal 4).

  • Project: Test the Expected Interest Rate Parity Model Get monthly data from for the US/ country X for two countries.

  • Table 2 summarizes:CONSUMER LITIGATION FUNDING Page 16 Table 2- Hypothetical Amount Due on a $1000 funding, per type of interest Type of Interest Total Interest Rate per Funding Period Simple 42%(The Expected Interest Rate)Compounded Annually44%Compounded Monthly51% % of Completed Cases Funded in This Way 4%8%88% Amt.

  • A Borrower Interest Accrued During Collection Period $ 15,047,887.90BInterest Subsidy Payments Accrued During Collection Period7,001,858.09CSpecial Allowance Payments Accrued During Collection Period0.00DInvestment Earnings Accrued for Collection Period (TRUST ACCOUNTS)845,858.35EInvestment Earnings (ADMINISTRATOR ACCOUNTS)0.00FNet Expected Interest Collections$ 22,895,604.34 Accrued Int Factor * Pay rates for Current Distribution.


More Definitions of Expected Interest

Expected Interest for the following month as of any Invoice Date means the product of: (a) the Planning Interest Rate; (b) the Initial Principal Amount, (c) the number of days between Settlement Dates and (d) a factor of 1/360.
Sample 1
Expected Interest means, with respect to any Collection Period, the product of (i) one-twelfth of the weighted average of the APRs (calculated based on a 360-day year consisting of twelve 30-day months) of Simple Interest Receivables which were neither 30 days or more delinquent (calculated based on a 360-day year consisting of twelve 30-day months) nor Defaulted Receivables as of the first day of the current Collection Period, weighted on the basis of the aggregate Principal Balances of such Simple Interest Receivables as of the first day of the current Collection Period and (ii) the aggregate Principal Balances of Simple Interest Receivables which were neither 30 days or more delinquent (calculated based on a 360-day year consisting of twelve 30-day months) nor Defaulted Receivables, as of the close of business on the last day of the immediately preceding Collection Period. "FINAL FUNDING PERIOD PAYMENT DATE" means the Payment Date immediately succeeding the date on which the Funding Period ends (or on the Payment Date on which the Funding Period ends if the Funding Period ends on a Payment Date).
Sample 1
Expected Interest means, with respect to any Transfer Date, an amount equal to the product of (a) one-twelfth of the Weighted Average Contract Rate for the Receivables for the related Collection Period multiplied by (ii) an amount equal to the aggregate Principal Balance of the Receivables as of the beginning of the first day of the related Collection Period minus the sum of the Principal Balances of the Non-Advance Receivables for such Transfer Date.
Sample 1

Related to Expected Interest

  • Imputed Interest means any interest imputed under Section 1272, 1274 or 483 or other provision of the Code and any similar provision of state and local tax law with respect to the Corporate Taxpayer’s payment obligations under this Agreement.

  • Uncollected Interest With respect to any Distribution Date for any Mortgage Loan on which a Payoff was made by a Mortgagor during the related Payoff Period, except for Payoffs received during the period from the first through the 14th day of the month of such Distribution Date, an amount equal to one month’s interest at the applicable Pass-Through Rate on such Mortgage Loan less the amount of interest actually paid by the Mortgagor with respect to such Payoff.

  • REO Imputed Interest As to any REO Property, for any calendar month during which such REO Property was at any time part of REMIC I, one month's interest at the applicable Net Mortgage Rate on the Stated Principal Balance of such REO Property (or, in the case of the first such calendar month, of the related Mortgage Loan, if appropriate) as of the close of business on the Distribution Date in such calendar month.

  • related interest means (1) a company (other than an insured bank or a foreign bank) that is controlled by an executive officer, director, or principal shareholder or (2) a political or campaign committee that is controlled by or the funds or services of which will benefit an executive officer, director, or principal shareholder. See Section 215.11(a)(2) of

  • Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.

  • Accreted Interest Interest accrued on a Loan that is added to the principal amount of such Loan instead of being paid as it accrues.

  • Transferred Interest means, at any time of determination, an undivided percentage ownership interest in (i) each and every then outstanding Receivable, (ii) all Related Security with respect to each such Receivable, (iii) all Collections with respect thereto, and (iv) other Proceeds of the foregoing, which undivided ownership interest shall be equal to the Aggregate Percentage Factor at such time, and only at such time (without regard to prior calculations). The Transferred Interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, shall at all times be equal to the Transferred Interest in each other Receivable, together with Related Security, Collections and Proceeds with respect thereto. To the extent that the Transferred Interest shall decrease as a result of a recalculation of the Aggregate Percentage Factor, the Administrative Agent on behalf of the applicable Class Investors shall be considered to have reconveyed to the Transferor an undivided percentage ownership interest in each Receivable, together with Related Security, Collections and Proceeds with respect thereto, in an amount equal to such decrease such that in each case the Transferred Interest in each Receivable shall be equal to the Transferred Interest in each other Receivable.

  • Selected Interest Rates as the Bank prime loan rate or its equivalent), and (ii) the Federal Funds Rate plus 50 basis points per annum. Each change in any interest rate provided for in the Agreement based upon the Index Rate shall take effect at the time of such change in the Index Rate.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Expected Final Payment Date means the March 2023 Distribution Date.

  • Expected Distributions means, with respect to the Certificates of any Trust on any Current Distribution Date, the difference between (A) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date, the original aggregate face amount of the Certificates of such Trust) and (B) the Pool Balance of such Certificates as of the Current Distribution Date calculated on the basis that (i) the principal of the Non-Performing Equipment Notes held in such Trust has been paid in full and such payments have been distributed to the holders of such Certificates, (ii) the principal of the Performing Equipment Notes held in such Trust has been paid when due (without giving effect to any Acceleration of Performing Equipment Notes) and such payments have been distributed to the holders of such Certificates and (iii) the principal of any Equipment Notes formerly held in such Trust that have been sold pursuant to the terms hereof has been paid in full and such payments have been distributed to the holders of such Certificates, but without giving effect to any reduction in the Pool Balance as a result of any distribution attributable to Deposits occurring after the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date, occurring after the initial issuance of the Certificates of such Trust). For purposes of calculating Expected Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Expected Distributions.

  • Defaulted Interest has the meaning specified in Section 307.

  • Postponed Fixed Interest Date means the tenth Business Day following the originally scheduled Fixed Interest Date;

  • Impacted Interest Period has the meaning assigned to such term in the definition of “LIBO Rate”.

  • Class C Additional Interest is defined in Section 4.1(c).

  • Allocated interests means the following interests allocated to each unit:

  • Deferred Interest shall have the meaning set forth in Section 4.1.

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Contributed Interests has the meaning set forth in the recitals to this Agreement.

  • Offered Interest has the meaning set forth in Section 11.2.1.

  • Distributional interest means the right under an unincorporated entity’s organic law and organic rules to receive distributions from the entity.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Related interests means the interests of a coastal State directly affected or threatened by a wreck, such as:

  • Assumed Interest Amount With respect to any Distribution Date and Class of Subordinated Certificates, one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class on the applicable Assumed Balance immediately prior to that Distribution Date.

  • Compounded Interest shall have the meaning set forth in Section 4.1.

  • Purchased Interest means, at any time, the undivided percentage ownership interest in: (a) each and every Pool Receivable now existing or hereafter arising, (b) all Related Security with respect to such Pool Receivables and (c) all Collections with respect to, and other proceeds of, such Pool Receivables and Related Security. Such undivided percentage interest shall be computed as: