Examples of Weighted Average Life in a sentence
The Storm Recovery Bonds shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Date and the Final Maturity Date set forth below: Weighted Average Life Initial Principal Amount Bond Interest Rate Scheduled Final Payment Date Final Maturity Date {____} ${__________} {____}% {_____}, 20{__} {_____}, 20{__} The Bond Interest Rate shall be computed by the Issuer on the basis of a 360-day year of twelve 30-day months.
The final maturity date of any subsequent Incremental Term Loan shall be no earlier than the maturity date of any prior Incremental Term Loans and the Weighted Average Life to Maturity of any such Incremental Term Loan shall not be shorter than the Weighted Average Life to Maturity of any prior Incremental Term Loans.