Weighted Average Loan Rate definition

Weighted Average Loan Rate means, for any Payment Date, the weighted average (determined by Scheduled Principal Balance) of the Loan Interest Rates for all Loans that were outstanding during the immediately preceding month.
Sample 1Sample 2Sample 3
Weighted Average Loan Rate means, as to any Payment Date, the weighted average (determined by Scheduled Principal Balance) of the Loan Interest Rates for all Loans that were outstanding during the immediately preceding month.
Sample 1Sample 2
Weighted Average Loan Rate. As to any Collection Period, the average of the daily Loan Rates for such Collection Period weighted on the basis of the related Trust Balances outstanding at the end of such Collection Period for each Mortgage Loan as determined by the Master Servicer in accordance with the Master Servicer's normal servicing procedures.
Sample 1

Examples of Weighted Average Loan Rate in a sentence

  • Class X-0 Xx. X-0 First Payment Date Pass-Through Rate: The least of (i) June 15, 2001 9.851%, (ii) the Group I Adjusted Weighted Average Loan Rate, and (iii) the Group II Weighted Average Loan Rate Denomination: $7,718,000 Aggregate Denomination of all Class B-2 Certificates: $7,718,000 Servicer: Final Scheduled Payment Date: June 15, Conseco Finance Corp.

  • Current Interest (a) Class B-2 Pass-through Rate 9.95% ----- (floating rate equal to the Weighted Average Loan Rate, but in no event greater than 9.95%) (b) Class B-2 Interest $ 549,737.50 -------------- 65.

  • Preliminary negotiations have indicated a potential selling price of £0.3, or $0.5. The carrying value of the Company’s proportionate ownership in the net assets of Edict as at April 30, 2005 was $0.5, resulting in an insignificant gain or loss on disposal.

  • Current Interest (a) Class B-2 Pass-through Rate 11.361% (or the Adjusted Weighted Average Loan Rate, if less) ------- (b) Class B-2 Interest $ 177,515.63 ------------- 60.

  • Current Interest (a) Class M-2 Pass-through Rate 8.36% (floating rate equal to the Weighted Average Loan Rate, ----- but in no event greater than 8.36%) (b) Class M-2 Interest $ 489,060.00 -------------- 21.

  • Class B-2A Pass-through Rate 7.44% (floating rate equal to the Weighted Average Loan Rate, ----- but in no event greater than 7.44%) (b) Class B-2A Interest $ 49,027.15 ------------- 65.

  • Current Interest (a) Class B-2 Pass-through Rate 8.97% (floating rate equal to the Weighted Average Loan Rate, ----- but in no event greater than 8.97%) (b) Class B-2 Interest $ 179,400.00 ------------- CERTIFICATES FOR HOME EQUITY LOANS 1999-A MONTHLY REPORT November 1999 PAGE 9 Distribution Date: 12/15/99 CUSIP# 393505 T93,U26 U34,U34,U42,U59 U67,U75,U83,U91 V25,V33,V41,W81 Trust Account: 3337361-0 72.

  • Current Interest (a) Class M-2 Pass-through Rate 7.45% ----- (floating rate equal to the Weighted Average Loan Rate, but in no event greater than 7.45%) (b) Class M-2 Interest $ 379,950.00 -------------- 21.

  • A-1 Weighted Average Loan Rate $392,500,000 A-2 Weighted Average Loan Rate $25,000,000 MB Weighted Average Loan Rate $82,500,000 The final maturity date for the Class A-7 IO Certificates is May 15, 2001.

  • Thereafter, if the Weighted Average Loan Rate for Loan Group 2 does not exceed the Certificate Rate on the Class A-2 Certificates by 0.20% on any Distribution Date, the amount to be held in the Net Funds Cap Carryover Reserve Account for such Distribution Date thereafter will equal the greater of (i) 0.50% of the outstanding Certificate Principal Balance of such Class, and (ii) $15,000, and will be funded from amounts otherwise paid to the holders of the Class X-2 Certificates.


More Definitions of Weighted Average Loan Rate

Weighted Average Loan Rate. Either of the Group 1 Weighted Average Loan Rate or the Group 2 Weighted Average Loan Rate, as the context requires.
Sample 1
Weighted Average Loan Rate. With respect to any Distribution Date, the average of the Loan Rates applicable to interest due on the Mortgage Loans during the related Collection Period, weighted on the basis of the related Loan Balances as of the first day of the related Collection Period.
Sample 1
Weighted Average Loan Rate. With respect to any Distribution Date, the weighted average of the applicable Loan Rates on the Home Equity Loans as of the last Business Day of the third calendar month preceding such Distribution Date, weighted based on the outstanding Principal Balances of the Home Equity Loans as of the last Business Day of the third calendar month preceding such Distribution Date.
Sample 1

Related to Weighted Average Loan Rate

  • Weighted Average means a ratio of the weight of the investment by the financial market participant in an investee company in relation to the enterprise value of the investee company;

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Weighted Average Spread means, as of any day, the number expressed as a percentage equal to (i) the Aggregate Funded Spread divided by (ii) the Aggregate Eligible Collateral Obligation Amount (excluding any interest that has been deferred and capitalized on any Deferrable Collateral Obligation).

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Weighted Average Interest Rates means, with respect to any Outstanding Notes of a class or tranche of the MBNAseries, or of all of the Outstanding Notes of the MBNAseries, on any date, the weighted average (weighted based on the Outstanding Dollar Principal Amount of the related Notes on such date) of the following rates of interest:

  • Weighted Average Coupon means, with respect to Fixed Rate Obligations (excluding Defaulted Loans), as of any date, the number obtained by:

  • Weighted Average Net Mortgage Rate With respect to any Distribution Date, the weighted average of the applicable Net Mortgage Rates of the Mortgage Loans as of the first day of the related Due Period, weighted on the basis of their respective Stated Principal Balances as of the first day of such Due Period (after giving effect to any payments received during any applicable grace period).

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Portfolio Investment included in the Borrowing Base, on an annualized basis, the Spread of such Floating Rate Portfolio Investments, by the outstanding principal balance of such Floating Rate Portfolio Investments as of such date and dividing such sum by the aggregate outstanding principal balance of all such Floating Rate Portfolio Investments and rounding the result up to the nearest 0.01%.

  • Weighted Average Yield means with respect to any Loan, on any date of determination, the weighted average yield to maturity, in each case, based on the interest rate applicable to such Loan on such date and giving effect to all upfront or similar fees or original issue discount payable with respect to such Loan.

  • Weighted Average Life means, as of any date, with respect to any debt security, the quotient obtained by dividing (i) the sum of the products of the number of years from such date to the dates of each successive scheduled principal payment (including any sinking fund payment requirements) of such debt security multiplied by the amount of such principal payment, by (ii) the sum of all such principal payments.

  • Weighted Average Price means, for any security as of any date, the dollar volume-weighted average price for such security on the Principal Market during the period beginning at 9:30:01 a.m., New York time (or such other time as the Principal Market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as the Principal Market publicly announces is the official close of trading), as reported by Bloomberg through its “Volume at Price” function or, if the foregoing does not apply, the dollar volume-weighted average price of such security in the over-the-counter market on the electronic bulletin board for such security during the period beginning at 9:30:01 a.m., New York time (or such other time as such market publicly announces is the official open of trading), and ending at 4:00:00 p.m., New York time (or such other time as such market publicly announces is the official close of trading), as reported by Bloomberg, or, if no dollar volume-weighted average price is reported for such security by Bloomberg for such hours, the average of the highest Closing Bid Price and the lowest closing ask price of any of the market makers for such security as reported in the OTC Link or “pink sheets” by OTC Markets Group Inc. (formerly Pink OTC Markets Inc.). If the Weighted Average Price cannot be calculated for a security on a particular date on any of the foregoing bases, the Weighted Average Price of such security on such date shall be the fair market value as mutually determined by the Company and the Holder. If the Company and the Holder are unable to agree upon the fair market value of such security, then such dispute shall be resolved pursuant to Section 11 with the term “Weighted Average Price” being substituted for the term “Exercise Price.” All such determinations shall be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or other similar transaction during the applicable calculation period.[Signature Page Follows]

  • Maximum Weighted Average Life Test means a test that will be satisfied on any date of determination if the Weighted Average Life of all Eligible Collateral Obligations included in the Collateral is less than or equal to 5.50 years.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Weighted Average Life Test means, as of any date of determination, that the Weighted Average Life of all Eligible Loan Assets is equal to or less than 6.0 years.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Weighted Average Net Mortgage Interest Rate As to any Distribution Date, a rate per annum equal to the average, expressed as a percentage of the Net Mortgage Interest Rates of all Mortgage Loans that were Outstanding Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date, weighted on the basis of the respective Scheduled Principal Balances of such Mortgage Loans.

  • Weighted Average Pass-Through Rate For any Distribution Date, the weighted average of the Pass-Through Rates on the Mortgage Loans as of the second preceding Due Date (after giving effect to the payments due on the Mortgage Loans on that Due Date).

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.

  • Remaining Weighted Average Life of an Equipment Note, at the redemption date of such Equipment Note, means the number of days equal to the quotient obtained by dividing: (i) the sum of the products obtained by multiplying (A) the amount of each then remaining installment of principal, including the payment due on the maturity date of such Equipment Note, by (B) the number of days from and including the redemption date to but excluding the scheduled Payment Date of such principal installment by (ii) the then unpaid principal amount of such Equipment Note.

  • Weighted Average Life to Maturity means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (b) the then outstanding principal amount of such Indebtedness.

  • Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Net Loan Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the then applicable Loan Rate for such Mortgage Loan minus the related Servicing Fee Rate and the Master Servicing Fee Rate.

  • Mortgage Loan Rate means, as of any date of determination, the weighted average of the Note A Rate and the Note B Rate.

  • Average Principal Balance means for any Monthly Period in which a Reset Date occurs, the sum of (i) the Aggregate Principal Receivables determined as of the close of business on the last day of the prior Monthly Period, multiplied by a fraction the numerator of which is the number of days from and including the first day of such Monthly Period, to but excluding the related Reset Date, and the denominator of which is the number of days in such Monthly Period, and (ii) for each such Reset Date, the product of the Aggregate Principal Receivables determined as of the close of business on such Reset Date, multiplied by a fraction, the numerator of which is the number of days from and including such Reset Date, to the earlier of the last day of such Monthly Period (in which case such period shall include such date) or the next succeeding Reset Date (in which case such period shall exclude such date), and the denominator of which is the number of days in such Monthly Period.