Initial Cutoff Date APR definition

Initial Cutoff Date APR means %, which is an annual rate that equals the weighted average APR of the Initial Receivables as of the Initial Cutoff Date.]
Sample 1Sample 2Sample 3
Initial Cutoff Date APR means 8.519%, which is the weighted average APR of the Initial Receivables as of the Initial Cutoff Date.
Sample 1
Initial Cutoff Date APR means 5.262% which is an annual rate that equals the weighted average APR of the Initial Receivables as of the Initial Cutoff Date.
Sample 1

Examples of Initial Cutoff Date APR in a sentence

  • The "Maximum Yield Supplement Amount" for each Receivable is equal to the difference (if positive) between (A) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to the Initial Cutoff Date APR or the Subsequent Cutoff Date APR, as applicable, minus (B) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to its individual APR.


More Definitions of Initial Cutoff Date APR

Initial Cutoff Date APR means 8.911%, which is the weighted average APR of the Initial Receivables as of the Initial Cutoff Date.
Sample 1

Related to Initial Cutoff Date APR

  • Initial Cutoff Date means [________], 20[__].

  • Initial Cut-Off Date With respect to any Initial Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan and (ii) March 1, 2006. Initial Cut-off Date Pool Principal Balance: $517,241,872.77.

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • Cutoff Date means the Statistical Cutoff Date, the Initial Cutoff Date and any Subsequent Cutoff Date, as applicable.

  • Subsequent Cutoff Date means the date specified in the related Additional Sale Agreement agreed to by the Seller and the Purchaser for the purposes of determining the Principal Balance and accrued interest to be capitalized, as applicable, for purposes of completing each related Loan Transmittal Summary Form.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Cut-off Date Principal Balance As to any Mortgage Loan, the Stated Principal Balance thereof as of the close of business on the Cut-off Date.

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.

  • Cut-off Date Pool Principal Balance: $557,457,043.24

  • Cut-off Date Balance With respect to any Mortgage Loan or Serviced Companion Loan, the outstanding principal balance of such Mortgage Loan or Serviced Companion Loan, as applicable, as of the Cut-Off Date, after application of all payments of principal due on or before such date, whether or not received.

  • Additional Cut-Off Date means, with respect to the Additional Accounts designated hereby, __________, ____.

  • Initial Receivables means any Receivable conveyed to the Trust on the Closing Date.

  • Statistical Cutoff Date means February 28, 2010.

  • Principal Balance Schedules Not applicable.

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2020.

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Loan Schedule The schedule, as amended from time to time, of Loans attached hereto as Exhibit D, which shall set forth as to each Loan the following, among other things:

  • Subsequent Cut-off Date With respect to those Subsequent Mortgage Loans sold to the Trust Fund pursuant to a Subsequent Transfer Instrument, the later of (i) first day of the month in which the related Subsequent Transfer Date occurs or (ii) the date of origination of such Mortgage Loan.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.