Weighted Average Interest Rate definition

Weighted Average Interest Rate means, for each Settlement Period (determined as of the last day of each calendar month), the sum, for all Loans, of the amount determined in respect of each Loan by multiplying (i) a fraction, the numerator of which is the Unpaid Balance of such Loan and the denominator of which is the Unpaid Balance of all Loans, multiplied by (ii) the applicable interest rate for such Loan.

Weighted Average Interest Rate. As of any date of determination, the ------------------------------ per annum rate equal to the weighted average (by Class Principal Balance) of the Interest Rates applicable to the Classes of Securities.

Weighted Average Interest Rate means the net interest cost of the bonds derived by adding together all the interest payments for the term of the Bonds and dividing that sum by the sum amount of each bond multiplied by the number of years it is outstanding.

Examples of Weighted Average Interest Rate in a sentence

• In the event that both the Train 3 Condition and the Train 4 Condition have not been satisfied prior to the Measurement Date, the adjustments set forth in Section 5.12(b)(ix)(B) shall apply solely to the Weighted Average Interest Rate of Debt for Train 1 and Train 2, and the Class B Conversion Value of each Class B Unit shall, if applicable, be increased on the Measurement Date accordingly.

• The computation of the Weighted Average Interest Rate on Long-Term Loan portfolio in FY 2019-20 is provided in ‘Annexure 5’.

• After the issuance of Bonds the interest rate used to calculate the present value will be based on the lesser of 7.0% or the Weighted Average Interest Rate on the Bonds.

• FEDERAL HOME LOAN BANK ADVANCES AND NOTE PAYABLE Federal Home Loan Bank (FHLB) advances are summarized as follows at December 31, 1999: Weighted Average Interest Rate 6.02%5.415.614.57$ 12,0001,0002,0005,000 4,000 $Balance Due (Amount in thousands)Maturity in year ending December 31: 2000200120042008Advances totaling $9,000,000 maturing in 2004 and 2008 have call features that could be implemented beginning in 2000 through 2003.

• Accounts $0.00 MISCELLANEOUS DATA ------------------ Recoveries on Receivables Written Off $0.00 Spread Over/Under Prime for Portfolio -0.43% Weighted Average Interest Rate 4.32% Previously waived Monthly Servicing Fee $0.00 PORTFOLIO CHARGE OFF RATE AT COLLECTION PERIOD END -------------------------------------------------- Net losses as a % of Avg.

More Definitions of Weighted Average Interest Rate

Weighted Average Interest Rate. As of any particular date of determination, the sum (expressed as a percentage) of:

Weighted Average Interest Rate means the average effective interest rate of the tranches of notes comprising the Debt Financing (taking into account original issue discount with respect to such notes, if any), weighted in proportion to the principal amount of notes comprising such tranche.

Weighted Average Interest Rate means, for any Payment Period, a fraction expressed as a percentage equal to the sum of (i) the Class A Note Rate in effect for such Payment Period multiplied by the Weighted Average Class Percentage for the Class A Notes for such Payment Period and (ii) the Class B Note Rate in effect for such Payment Period multiplied by the Weighted Average Class Percentage for the Class B Notes for such Payment Period.

Weighted Average Interest Rate means the weighted average interest rate for a Tranche based on the size of, and the Applicable Interest Rates for, the Sub-Tranches comprising the Tranche.

Weighted Average Interest Rate means, as of the date of calculation, the quotient of (i) the summation of the total annual interest payments to be made on all of the Loans outstanding on such date (calculated by multiplying (x) the interest rate specified for each outstanding Loan by (y) the outstanding principal balance of such outstanding Loan as of such date), divided by (ii) the aggregate outstanding principal balance of all such Loans as of such date."

Weighted Average Interest Rate. ’ means, at any time, the average of the rates of interest applicable to each class of the Term Advances (where the rate of interest for the Initial Term A1 Advance, the Second Term A3 Advance, the Second Term B2 Advance and, on and following the Class B1 Step-Up Date, the Initial Term B1 Advance shall be deemed to be the applicable fixed rate payable by the Initial Borrower under the Issuer/Borrower Swap Agreement) weighted according to their respective principal amounts.

Weighted Average Interest Rate means, with respect to any Collection Period and the related Payment Date, a per annum rate equal to (i) the sum of (a) the product of the Interest Rate for each outstanding Class of Notes and the aggregate principal amount of such Class of Notes as of the immediately preceding Payment Date (or, in the case of the first Payment Date, the aggregate initial principal amount of the Notes) and (b) the product of the Certificate Rate and the Certificate Balance as of the immediately preceding Payment Date (or, in the case of the first Payment Date, the Original Certificate Balance) divided by (ii) the sum of the aggregate principal amount of the Notes and the Certificate Balance as of the immediately preceding Payment Date (or, in the case of the first Payment Date, the aggregate initial principal amount of the Notes and the Original Certificate Balance), in each case after giving effect to any principal payment made on such preceding Payment Date.