Maturity Assumptions definition

Maturity Assumptions. The assumptions used to calculate the "latest possible maturity date" for each REMIC II Regular Interest and each of the Classes of Certificates or Components thereof representing "regular interests" in REMIC III for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), which assumptions are: [to be specified].
Maturity Assumptions. Business of the Originators," and "The Receivables"] and the parallel sections of the Registration Statement and Exhibit ___ thereto; and
Maturity Assumptions. [To come.]

Examples of Maturity Assumptions in a sentence

  • See "Maturity Assumptions" in this Prospectus Supplement and in the accompanying Prospectus.

  • See "Maturity Assumptions" and "Description of Series Provisions--Application of Collections" in this Prospectus Supplement.

  • See "Maturity Assumptions" and "Risk Factors--Timing of Principal Payments" in the accompanying Prospectus.

  • See "Maturity Assumptions." The Class B Certificates will be subordinated to the Class A Certificates as described herein.

  • S-19 Maturity Assumptions.......................................................

  • Cardholder Monthly Payment Rates Securitised Portfolio(non percentage amounts are expressed in Sterling) Year ended3 months to end of March 2012 2011 2010 2009 2008 2007 For further information, please see "Maturity Assumptions" in the base prospectus.The following tables summarise the Securitised Portfolio by various criteria as of the billing dates of accounts in the month ending on 31 March 2012.

  • Maturity Assumptions The following table sets forth the highest and lowest cardholder monthly payment rates for the TPF Total Portfolio during any month in the periods shown and the average cardholder monthly payment rates for all months during the periods shown, in each case calculated as a percentage of total opening monthly account balances during the periods shown.

  • S-19 Maturity Assumptions......................................................

  • See "Maturity Assumptions," "Description of Series Provisions--Pay Out Events" and "--Interest Rate Swap" in this Prospectus Supplement and "Maturity Assumptions" and "Description of the Certificates--Pay Out Events" in the accompanying Prospectus for a discussion of the events that might lead to the start of a Rapid Amortization Period.

  • If occurs any of other Early Maturity Assumptions, the Trustee shall call for a General Meeting, within two (2) Business Days as of the date it takes cognizance of referred assumption to resolve on the non-declaration of early maturity of obligations deriving from Debentures.


More Definitions of Maturity Assumptions

Maturity Assumptions. Collectively, the assumptions identified as the "Maturity Assumptions" in the Prospectus Supplement.
Maturity Assumptions. The assumption that no Mortgage Loan (or Mortgage Loan underlying any Mortgage Participation) is prepaid, extended, modified or defaulted prior to its stated maturity (or, in the case of a Hyper-Amortization Loan, prior to its Anticipated Repayment Date), together with such additional assumptions designated as the Modeling Assumptions in the Memorandum.
Maturity Assumptions. The assumptions that: (i) the Initial Loan Group 1 Balance is approximately $33,475,147 and the Initial Loan Group 2 Balance is approximately $423,261,248, (ii) the Class Principal Balances, Class Notional Amounts, Effective Class Notional Amounts and Pass-Through Rates, as the case may be, of the respective Classes of REMIC III Regular Certificates are as provided for herein, (iii) the scheduled Monthly Payments for each Mortgage Loan are, in the case of each Adjustable Rate Mortgage Loan, equal to the Monthly Payment in effect as of the Cut-off Date until the next payment adjustment is scheduled to occur and thereafter based on such Mortgage Loan's Cut-off Date Principal Balance and stated remaining amortization term as of the Cut-off Date and the value of the related Index described in clause (v) below, plus the related Gross Margin, subject to the respective minimum and maximum Mortgage Rates, and, in the case of each other Mortgage Loan, based on such Mortgage Loan's Cut-off Date Principal Balance, calculated remaining amortization terms (or, in the case of those Mortgage Loans that provide for quarterly payments of principal based on net cash flow from the related Mortgaged Properties, a 25-year amortization term) and the Mortgage Rate in effect as of the Cut-off Date (as such may be increased in the case of one Mortgage Loan), (iv) all Monthly Payments are assumed to be due on the first day of each month and, with respect to the Step-Down Mortgage Loans, the Mortgage Rates during the interest-only periods are assumed to be equal to a rate that would produce an amount of interest equal to its Monthly Payment, (v) the Index for each Adjustable Rate Mortgage Loan and, accordingly, Six-Month LIBOR (Formula 1) remains constant at 5.5625% per annum, and for purpose of two of the Extension Loans (as defined below), the five year Treasury is assumed to be 6.12% per annum, (vi) there are no delinquencies or losses in respect of the Mortgage Loans, there are no extensions of maturity in respect of the Mortgage Loans (except in those cases where the borrower may require, subject to the satisfaction of certain conditions, that an extension occur, in which event the term of the related Mortgage Loan is extended to the maximum extent permitted under the related Mortgage Note (the "EXTENSION LOANS")), there are no Appraisal Reduction Amounts with respect to the Mortgage Loans and there are no casualties or condemnations affecting the Mortgaged Properties, (vii) sc...

Related to Maturity Assumptions

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Incremental Assumption Agreement means an Incremental Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and, if applicable, one or more Incremental Term Lenders and/or Incremental Revolving Facility Lenders.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Valuation Assumptions means, as of an Early Termination Date, the assumptions that (1) in each Taxable Year ending on or after such Early Termination Date, the Corporate Taxpayer will have taxable income sufficient to fully utilize the deductions arising from the Basis Adjustments and Imputed Interest during such Taxable Year or future Taxable Years (including, for the avoidance of doubt, Basis Adjustments and Imputed Interest that would result from future Tax Benefit Payments that would be paid in accordance with the Valuation Assumptions) in which such deductions would become available, (2) the U.S. federal income tax rates and state and local income tax rates that will be in effect for each such Taxable Year will be those specified for each such Taxable Year by the Code and other law as in effect on the Early Termination Date, (3) any loss carryovers generated by deductions arising from Basis Adjustments, the NOLs or Imputed Interest that are available as of such Early Termination Date will be utilized by the Corporate Taxpayer on a pro rata basis from the Early Termination Date through the scheduled expiration date of such loss carryovers, (4) any non-amortizable assets will be disposed of on the fifteenth anniversary of the applicable Basis Adjustment; provided, that in the event of a Change of Control, such non-amortizable assets shall be deemed disposed of at the time of sale of the relevant asset (if earlier than such fifteenth anniversary), and (5) if, at the Early Termination Date, there are Common Units that have not been Exchanged, then each such Common Unit shall be deemed to be Exchanged for the Market Value of the number of shares of Class A Common Stock and the amount of cash that would be transferred if the Exchange occurred on the Early Termination Date.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Term B Loan Maturity Date means December 7, 2023.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Refinancing Revolving Commitments means one or more Classes of commitments in respect of Revolving Loans hereunder that result from a Refinancing Amendment.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.