Retained Yield Percent definition

Retained Yield Percent means, with respect to any Contract, the lesser of (i) 0% per annum or (ii) a percent per annum equal to the APR of such Contract less the sum of (A) 1% and (B) the Pass-Through Rate.
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Examples of Retained Yield Percent in a sentence

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $________ nor more than $_________, (ii) an original term not less than __ months nor greater than __ months, (iii) a remaining maturity of not less than __ months nor greater than __ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than ____%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $1,000.00 nor more than $__________, (ii) an original term not less than __ months nor greater than __ months, (iii) a remaining maturity of not less than __ months nor greater than __ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than ____%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $1,000.00 nor more than $__________, (ii) an original term not less than 6 months nor greater than ___ months, (iii) a remaining maturity of not less than 6 months nor greater than ___ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than _____%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $________ nor more than $________, (ii) an original term not less than __ months nor greater than __ months, (iii) a remaining maturity of not less than __ months nor greater than __ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than _____%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $_________ nor more than $_________, (ii) an original term not less than 6 months nor greater than ___ months, (iii) a remaining maturity of not less than 6 months nor greater than ___ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than _____%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $________ nor more than $________, (ii) an original term not less than __ months nor greater than __ months, (iii) a remaining maturity of not less than _ months nor greater than __ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than _____%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $_________ nor more than $__________, (ii) an original term not less than ___ months nor greater than ___ months, (iii) a remaining maturity of not less than ___ months nor greater than ___ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than _______%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $__________ nor more than $__________, (ii) an original term not less than 6 months nor greater than 84 months, (iii) a remaining maturity of not less than _____ months nor greater than _____ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than _____%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $529.23 nor more than $53,051.98, (ii) an original term not less than 7 months nor greater than 84 months, (iii) a remaining maturity of not less than 3 months nor greater than 84 months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than 5.90%.

  • At the Cut-Off Date such Contract had (i) an Outstanding Principal Balance of not less than $__________ nor more than $__________, (ii) an original term not less than _____ months nor greater than _____ months, (iii) a remaining maturity of not less than _____ months nor greater than _____ months, (iv) a Contract Rate at least equal to the Pass-Through Rate plus the sum of the Servicing Fee Percent and the Retained Yield Percent and (v) an APR of not less than _____%.

Related to Retained Yield Percent

  • Class X Strip Rate With respect to each Component for any Distribution Date, a rate per annum equal to: (i) the WAC Rate for such Distribution Date, minus (ii) the Pass-Through Rate for the Corresponding Certificates.

  • Portfolio Adjusted Yield means, with respect to any Transfer Date, the average of the percentages obtained for each of the three preceding Monthly Periods by subtracting the Base Rate from the Portfolio Yield for such Monthly Period and deducting 0.5% from the result for each Monthly Period.

  • Fixed Retained Yield Rate With respect to each Mortgage Loan, a per annum rate equal to the greater of (a) zero and (b) the Mortgage Interest Rate on such Mortgage Loan minus the sum of (i) 6.500%, (ii) the applicable Servicing Fee Rate and (iii) the Master Servicing Fee Rate.

  • Retained Percentage means, with respect to any Excess Cash Flow Period, (a) 100% minus (b) the Applicable ECF Percentage with respect to such Excess Cash Flow Period.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Excess Spread Percentage for any Distribution Date means a fraction, the numerator of which is the Excess Spread Amount for such Distribution Date multiplied by 12 and the denominator of which is the sum of the Nominal Liquidation Amounts of all Tranches of DiscoverSeries Notes as of the first day of the related Due Period.

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Class B Interest Percentage With respect to any Distribution Date and any Class of Class B Certificates, the percentage calculated by dividing the Interest Accrual Amount of such Class (determined without regard to clause (ii) of the definition thereof) by the Class B Interest Accrual Amount (determined without regard to clause (ii) of the definition of each Interest Accrual Amount).

  • Threshold Percentage means 15%.

  • Interest Percentage With respect to any Class of Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Relief Act Interest Shortfalls.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • Sharing Percentage means, with respect to any Member, a percentage, expressed as a fraction the numerator of which is the number of Units held by such Member and the denominator of which is the aggregate number of Units held by all Members.

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Non-PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is the Required Coupon. As to any Non-Discount Mortgage Loan, 100%.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Original Class B-6 Percentage The Class B-6 Percentage as of the Cut-Off Date, as set forth in Section 11.13.

  • Investor Percentage means for any Monthly Period, (a) with respect to Finance Charge Receivables and Default Amounts at any time and Principal Receivables during the Revolving Period, the Floating Investor Percentage and (b) with respect to Principal Receivables during the Controlled Accumulation Period or the Rapid Amortization Period, the Fixed Investor Percentage.

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Class A Interest Percentage As to any Distribution Date and any Class of Class A Certificates, the percentage calculated by dividing the Interest Accrual Amount of such Class (determined without regard to clause (ii) of the definition thereof) by the Class A Interest Accrual Amount (determined without regard to clause (ii) of the definition of Interest Accrual Amount).

  • Net WAC Cap Rate With respect to any Distribution Date, the product of (i) a per annum rate equal to the weighted average of the Net Mortgage Rates (or, if applicable, the Modified Net Mortgage Rates) using the Net Mortgage Rates in effect for the Monthly Payments due on such Mortgage Loans during the related Due Period, weighted on the basis of the respective Stated Principal Balances thereof for such Distribution Date and (ii) a fraction equal to 30 divided by the actual number of days in the related Interest Accrual Period.

  • Class B Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class B Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of the close of business on such day; provided, however, that with respect to the first Monthly Period, the Class B Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • Quarterly Excess Spread Percentage means, with respect to the August 2008 Distribution Date and each Distribution Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Spread Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Series Percentage means, with respect to any specified category, with respect to any Distribution Date or Trust Distribution Date, as applicable, the sum of the Class Percentages with respect to such category for each Class of the Series established hereby on such Distribution Date or Trust Distribution Date, as applicable.