Quarterly Principal Payment Rate definition

Quarterly Principal Payment Rate means (a) with respect to the October 2005 Payment Date, the Principal Payment Rate with respect to the immediately preceding Monthly Period, (b) with respect to the November 2005 Payment Date, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding two Monthly Periods and the denominator of which is two and (c) with respect to the December 2005 Payment Date and each Payment Date thereafter, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding three Monthly Periods and the denominator of which is three.

Quarterly Principal Payment Rate means (a) with respect to the December 2007 Payment Date, the Principal Payment Rate with respect to the immediately preceding Monthly Period, (b) with respect to the January 2008 Payment Date, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding two Monthly Periods and the denominator of which is two and (c) with respect to the February 2008 Payment Date and each Payment Date thereafter, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding three Monthly Periods and the denominator of which is three.

Quarterly Principal Payment Rate means (a) with respect to the [_______] Payment Date, the Principal Payment Rate with respect to the immediately preceding Monthly Period, (b) with respect to the [__________] Payment Date, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding two Monthly Periods and the denominator of which is two and (c) with respect to the [_________] Payment Date and each Payment Date thereafter, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding three Monthly Periods and the denominator of which is three.

Examples of Quarterly Principal Payment Rate in a sentence

• Quarterly Principal Payment Rate87.59%Is the Quarterly Principal Payment Rate greater than 60%?YES AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer By: /s/ Stephen J.

• After a period of twenty-four (24) hours, if repairs are not made, the City will direct other forces to repair this equipment and charge the polymer supplier.DS7.

• Quarterly Principal Payment Rate89.70%Is the Quarterly Principal Payment Rate greater than 60%?YesAMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as ServicerBy: /s/ Morey J.

• Quarterly Principal Payment Rate92.23%Is the Quarterly Principal Payment Rate greater than 60%?Yes AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as ServicerBy: /s/ Mark C.

• Quarterly Principal Payment Rate92.89%Is the Quarterly Principal Payment Rate greater than 60%?YesAMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer By: /s/ Beth Schaefer Name: Beth SchaeferTitle: Vice President ABS OperationsMONTHLY SERVICER'S CERTIFICATEAMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.

• Upon receipt of a completed application, NYSERDA will, within thirty business days, review and determinewhether additional information is required, or whether the application is sufficient to permit the Applicant to be a Finance Provider.

More Definitions of Quarterly Principal Payment Rate

Quarterly Principal Payment Rate means (a) with respect to the September 2024 Payment Date, the Principal Payment Rate with respect to the immediately preceding Monthly Period,

Quarterly Principal Payment Rate means (a) with respect to the [_____] 20[_] Payment Date, the Principal Payment Rate with respect to the immediately preceding Monthly Period, (b) with respect to the [_____] 20[_] Payment Date, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding two Monthly Periods and the denominator of which is two and (c) with respect to the [_____] 20[_] Payment Date and each Payment Date thereafter, the percentage equivalent of a fraction, the numerator of which is the sum of the Principal Payment Rates for the immediately preceding three Monthly Periods and the denominator of which is three.