Receivable Yield definition

Receivable Yield means, with respect to any Receivable, the imputed interest rate that is calculated on the basis of the expected aggregate annualized rate of return (calculated inclusive of all interest and fees (other than any Upfront Fees)) of such Receivable over the life of such Receivable. Such calculation shall assume:
Receivable Yield means, with respect to any Receivable, the imputed interest rate that is calculated on the basis of the expected aggregate annualized rate of return (calculated inclusive of all interest and fees (other than any Upfront Fees)) of such Receivable over the life of such Receivable (assuming in all cases a 252-day year, in the case of a Receivable originated on July 1, 2013 or thereafter, or a 257-day year, in the case of a Receivable originated prior to July 1, 2013 (or such other number of Payment Dates set forth in the Underwriting Policies for a 12-month term Receivable). An example of the foregoing calculation is set forth on Appendix F hereto.
Receivable Yield means, for any Contract, the internal rate of

Examples of Receivable Yield in a sentence

  • Net interest income $ in millions, % of average interest-earning assets 19.7% 17.1% 3Q’13 3Q’14 +7% $2,703 $2,879 Receivable Yield 21.99% 21.78% (21)bps.


More Definitions of Receivable Yield

Receivable Yield means, with respect to any Receivable, the imputed interest rate that is calculated on the basis of the expected aggregate annualized rate of return (calculated inclusive of all interest and fees (other than any Upfront Fees)) of such Receivable over the life of such Receivable.
Receivable Yield. With respect to (i) any Franchise Loan, the rate per annum at which interest accrues on the Receivable Basis thereof, as specified in the note evidencing such Franchise Loan and (ii) any Franchise Lease, the annual rent payments payable by the Obligor under such Franchise Lease, expressed as a percentage of the Receivable Basis of such Franchise Lease.
Receivable Yield means, for any Contract, the internal rate of ---------------- return for such Contract after taking into account the Unearned Discount Amount in respect thereof.

Related to Receivable Yield

  • Unbilled Receivable means, at any time, any Receivable as to which the invoice or xxxx with respect thereto has not yet been sent to the Obligor thereof.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Receivables Pool means, at any time, all of the then outstanding Receivables purchased by the Seller pursuant to the Sale Agreement prior to the Facility Termination Date.

  • Simple Interest Receivable means any Receivable under which the portion of a payment allocable to interest and the portion allocable to principal is determined in accordance with the Simple Interest Method.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).