Maximum Yield definition

Maximum Yield means the yield specified in the Forward Commitment (if any) as the maximum interest rate for the Holdings Exchange Notes.
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Examples of Maximum Yield in a sentence

  • The Reserve Fund shall be entitled “Reserve Fund, U.S. Bank, as Trustee for the benefit of the holders of the JPMMT 2007-S3 Certificates.” On each Distribution Date, the Securities Administrator is hereby directed to, and shall therefore, deposit into the Reserve Fund all amounts received under the Yield Maintenance Agreement; provided however that the amount deposited from the Yield Maintenance Agreement on any Distribution Date shall not exceed the Maximum Yield Maintenance Agreement Amount.

  • On each Distribution Date, the Securities Administrator will withdraw from amounts in the Reserve Fund from payments in respect of the Yield Maintenance Agreement to pay the Class 1-A-5 Certificates any Basis Risk Shortfall Carryover Amounts owed to such class, to the extent of amounts remaining in the Reserve Fund from amounts deposited with respect to the Yield Maintenance Agreement, up to the Maximum Yield Maintenance Agreement Amount.

  • Furthermore, we continued to offer our 5-Year Look-In Certificate of Deposit as well as our 4-Year Maximum Yield Certificate of Deposit.

  • We believe it is important to offer products like the 5-Year Look-In Certificate of Deposit and the 4-Year Maximum Yield Certificate of Deposit to provide customers with a competitive alternative to nonbank investments.

  • In the event of a future reorganization, recapitalization, stock split, stock dividend, combination of shares, merger, consolidation, rights offering, share exchange, reclassification, distribution, spin-off, or other change affecting the corporate structure, capitalization or Common Stock, the number of Restricted Stock Units you hold will be adjusted appropriately and equitably to prevent dilution or enlargement of your rights.

  • In February, we introduced our 4-Year Maximum Yield Certificate of Deposit to give our customers another high-yielding option for their savings.

  • On each Distribution Date, the Securities Administrator will withdraw from amounts in the Reserve Fund from payments in respect of the Yield Maintenance Agreement to pay the Class 1-A-4 Certificates any Basis Risk Shortfall Carryover Amounts owed to such class, to the extent of amounts remaining in the Reserve Fund from amounts deposited with respect to the Yield Maintenance Agreement, up to the Maximum Yield Maintenance Agreement Amount.

  • The Reserve Fund shall be entitled “Reserve Fund, U.S. Bank, as Trustee for the benefit of the holders of the JPMMT 2007-S1 Certificates.” On each Distribution Date, the Securities Administrator is hereby directed to, and shall therefore, deposit into the Reserve Fund all amounts received under the Yield Maintenance Agreements; provided however that the amount deposited from any Yield Maintenance Agreement on any Distribution Date shall not exceed the related Maximum Yield Maintenance Agreement Amount.

  • On each Distribution Date, the Securities Administrator will withdraw from amounts in the Reserve Fund from payments in respect of a Yield Maintenance Agreement to pay the Class 2-A-1 and Class 2-A-3 Certificates any Basis Risk Shortfall Carryover Amounts owed to each such class, in each case to the extent of amounts remaining in the Reserve Fund from amounts deposited with respect to the related Yield Maintenance Agreement, in each case, up to the related Maximum Yield Maintenance Agreement Amount.

  • On each Payment Date for any Receivable that has either defaulted or prepaid, the Servicer will instruct the Indenture Trustee to withdraw from the Yield Supplement Account and deposit into the Collection Account an amount equal to the Maximum Yield Supplement Amount for such Receivable, as calculated immediately prior to such default or prepayment.

Related to Maximum Yield

  • Maximum Cap Rate For any Distribution Date with respect to the Group I Certificates, a per annum rate equal to the sum of (i) the product of (x) the weighted average of the Expense Adjusted Net Maximum Mortgage Rates of the Group I Mortgage Loans minus an amount, expressed as a percentage, equal to the Net Swap Payment and Swap Termination Payment, if any (other than termination payments resulting from a Swap Provider Trigger Event), due from the Trust for such Distribution Date, multiplied by 12, weighted on the basis of the outstanding Stated Principal Balances of the Group I Mortgage Loans as of the first day of the month preceding the month of such Distribution Date (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Interest Accrual Period and (ii) an amount, expressed as a percentage, equal to a fraction, the numerator of which is equal to the Net Swap Payment made by the Interest Rate Swap Provider and the denominator of which is equal to the aggregate Stated Principal Balance of the Mortgage Loans, multiplied by 12. For any Distribution Date with respect to the Group II Certificates, a per annum rate equal to the sum of (i) the product of (x) the weighted average of the Expense Adjusted Net Maximum Mortgage Rates of the Group II Mortgage Loans minus an amount, expressed as a percentage, equal to the Net Swap Payment and Swap Termination Payment, if any (other than termination payments resulting from a Swap Provider Trigger Event), due from the Trust for such Distribution Date, multiplied by 12, weighted on the basis of the outstanding Stated Principal Balances of the Group II Mortgage Loans as of the first day of the month preceding the month of such Distribution Date (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Interest Accrual Period and (ii) an amount, expressed as a percentage, equal to a fraction, the numerator of which is equal to the Net Swap Payment made by the Interest Rate Swap Provider and the denominator of which is equal to the aggregate Stated Principal Balance of the Mortgage Loans, multiplied by 12. For any Distribution Date with respect to the Mezzanine Certificates, a per annum rate equal to the sum of (i) the product of (x) the weighted average (weighted on the basis of the results of subtracting from the aggregate Stated Principal Balance of the applicable Loan Group, the current Certificate Principal Balance of the related Class A Certificates) of the weighted average of the Expense Adjusted Net Maximum Mortgage Rates of the Group I Mortgage Loans and the Group II Mortgage Loans, in each case, weighted on the basis of the outstanding Stated Principal Balances of the related Mortgage Loans as of the first day of the month preceding the month of such Distribution Date (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (y) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Interest Accrual Period and (ii) an amount, expressed as a percentage, equal to a fraction, the numerator of which is equal to the Net Swap Payment made by the Interest Rate Swap Provider and the denominator of which is equal to the aggregate Stated Principal Balance of the Mortgage Loans, multiplied by 12.

  • Maximum Index Level means, in respect of a series of bear CBBCs, the highest Spot Level of the Index during the MCE Valuation Period;

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.

  • Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of: 0.25%) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.