Pool Yield. On any day, the excess, if any, of (a) the Pool Rate on such day minus (b) the sum of (i) the Interest Rate multiplied by the Weighted Average Advance Rate, (ii) the Program Fee Rate multiplied by the Weighted Average Advance Rate and (iii) the Servicing Fee Rate, in each case as of such day.

Pool Yield. On any day, the excess, if any, of (a) the Pool Rate on such day over (b) the sum of (i) the weighted average Class A Interest Rate multiplied by the Pool Yield Applicable Advance Rate, (ii) the weighted average Program Fee Rate applicable to the Class A Advances multiplied by the Pool Yield Applicable Advance Rate, (iii) the Structuring and Agency Fee Rate applicable to the Class A Advances multiplied by the Pool Yield Applicable Advance Rate, (iv) the Commitment Fee Rate multiplied by the Pool Yield Applicable Advance Rate and (v) the Servicing Fee Rate, in each case as of such day.

Pool Yield. As of any Determination Date, with respect to any Collection Period, the percentage equivalent of a fraction (a) the numerator of which is equal to 12 times the sum of (I) all Interest Collections on Loans included in the Aggregate Outstanding Loan Balance as of the first (1st) day of the Collection Period related to such Determination Date that are deposited into the Collection Account during such Collection Period minus (II) the Carrying Costs incurred during such Collection Period and (b) the denominator of which is equal to the Aggregate Outstanding Loan Balance as of the first (1st) day of such Collection Period.

Examples of Pool Yield in a sentence

The Utah Public Treasurer’s Pool Yield for March 2019 was at 2.95%.
The Utah Public Treasurer’s Pool Yield for June 2012 is 0.7785% which is down a little from last month.
The Utah Public Treasurer’s Pool Yield for October 2016 has increased slightly from 1.059% to 1.098%.
The Utah Public Treasurer’s Pool Yield for June 2016 is 0.899 percent which is up from 0.851 percent.
The Utah Public Treasurer’s Pool Yield for August 2012 was down slightly to .768 percent.

More Definitions of Pool Yield

Pool Yield means, with respect to any Monthly Period, the annualized percentage equivalent of a fraction, the numerator of which is equal to (a) the amount of Finance Charge Collections for the Settlement Date with respect to such Monthly Period minus the aggregate principal balances of all Pool Loans which became Defaulted Loans during such Monthly Period and the denominator of which is the Pool Principal Balance as of the last day of the preceding Monthly Period; provided, that with respect to the initial Settlement Date the annualized percentage shall be adjusted based on the actual number of days from the Closing Date to the last day of the Monthly Period preceding the initial Settlement Date.

Pool Yield. On any day, the positive difference, if any, of (a) the Pool Rate on such day and (b) the sum of (i) the Interest Rate, (ii) the Program Fee Rate, and (iii) the Servicing Fee Rate on such day.

Pool Yield. As of any Determination Date, the annualized percentage equivalent of a fraction, (a) the numerator of which is equal to all Interest Collections on Loans that are deposited into the Collection Account during the immediately preceding Collection Period minus the sum, calculated as of such Determination Date, of (i) Interest, (ii) the Commitment Fee, (iii) the Program Fee, (iv) the Servicing Fee, (v) the Backup Servicer Fee, (vi) the Collateral Custodian Fee and (vii) the net amounts owed to each Hedge Counterparty, and (b) the denominator of which is equal to the average of the Aggregate Outstanding Loan Balances as of the first day of each calendar month during the immediately preceding Collection Period.

Pool Yield. As of any Determination Date immediately preceding a Payment Date, the annualized percentage equivalent of a fraction, (a) the numerator of which is equal to all Interest Collections that are deposited into the Collection Account during the related Collection Period minus the sum of the amounts payable for the related Collection Period in respect of (i) the Interest, (ii) the Servicing Fee, (iii) the Program Fee, (iv) the net payments due or payable to the Hedge Counterparties in respect of all Hedging Agreements, (v) the Backup Servicing Fee and (vi) the Trustee Fee, and (b) the denominator of which is equal to the weighted average of the Aggregate Outstanding Loan Balances measured as of the first day of each calendar month during the Collection Period related to such Determination Date.

Pool Yield. As of any Determination Date, the excess, if any, of (a) the Pool Rate over (b) the Interest Rate on such day.

Pool Yield. As of any date of determination, an amount equal to, the positive difference, if any, of (a) the Pool Rate and (b) the sum of (i) the weighted average of the Interest Rates, (ii) the weighted average of the Program Fee Rates, (iii) the Servicing Fee Rate, (iv) the Backup Servicer Fee Rate, (v) the Trustee Fee Rate and (vi) the weighted average of the rates used to calculate the Commitment Fees, each as of such date.

Pool Yield set forth in Section 1.1 of the Sale and Servicing Agreement is hereby deleted in its entirety.