Weighted Average Maturity Date definition

Weighted Average Maturity Date means, as of any date of determination, with respect to all Performing Collateral Obligations, the date calculated by adding to the Original Closing Date the weighted average maturity of such Performing Collateral Obligations (expressed as a number of months from the Original Closing Date) calculated by (a) summing the Average Maturity Dates of such Performing Collateral Obligations and (b) dividing such sum by the Aggregate Principal Balance of such Performing Collateral Obligations, in each case as of such date.

Weighted Average Maturity Date. As of any date of determination with respect to all Collateral Obligations other than Defaulted Loans, the date calculated by adding to the Original Closing Date the weighted average maturity of such Collateral Obligations (expressed as a number of months from the Original Closing Date) calculated by (a) summing the products obtained by multiplying (i) the Principal Balance (or portion thereof) of each such Collateral Obligation that is then held (or in relation to a proposed purchase of such a Collateral Obligation, proposed to be held) by the Borrower and that matures or amortizes on any date subsequent to such date of determination by (ii) the number of months from the Original Closing Date to the date of such maturity or amortization and (b) dividing such sum by the Aggregate Principal Balance of all such Collateral Obligations identified in clause (a)(i) above.

Weighted Average Maturity Date means, as of any Measurement Date with respect to all Collateral Loans other than Defaulted Loans, the date calculated by adding to the Closing Date the weighted average life of such Collateral Loans (expressed as a number of months from the Closing Date and calculated by (a) summing the products obtained by multiplying (i) the Principal Balance (or portion thereof) of each such Collateral Loan that is then held (or in relation to a proposed purchase of such a Collateral Loan, proposed to be held) by the Borrower and that matures or amortizes on any date subsequent to such Measurement Date by (ii) the number of months from the Closing Date to the date of such maturity or amortization and (b) dividing such sum by the Aggregate Principal Balance of all such Collateral Loans identified in clause (a)(i) above).

Examples of Weighted Average Maturity Date in a sentence

• Although not offset on the Company’s Condensed Consolidated Balance Sheets, these transactions are included in the following tables ($ in thousands): June 30, 2021 Indebtedness Maturity Date Coupon Collateral Assets(1)Outstanding Balance Barclays RA 2/26/2026 L + 2.50% $ 497,322 $ 138,145$ 497,322 $ 138,145 December 31, 2020 Indebtedness Weighted Average Maturity Date (1) Represents the fair value of the Company’s investments in real estate debt.

• The following table is a summary of the mortgage notes and revolving credit facility secured by the Company’s properties ($ in thousands): Principal Balance Outstanding (3) Indebtedness Weighted Average Interest Rate(1) Weighted Average Maturity Date (2) (1) The term “L” refers to the one-month LIBOR.

• Due to the self-serving nature of the agent the probability of the agent displaying Moral Hazard increases when an agent is assured of income and therefore Moral Hazard is nearly risk free (Miller, 2008, p.351).

• If the Extension Conditions are satisfied, the Maturity Date of the Notes shall be automatically extended to the related Extended Maturity and the Weighted Average Maturity Test shall be automatically extended to the related Extended Weighted Average Maturity Date without any requirement for approval or consent of any Noteholder or amendment, modification, supplement or waiver to any Transaction Document ("MaturityExtension").

• In any case, when the sample size is large relative to the number of parameters, CICc will converge on CIC.

• The following table is a summary of the mortgage notes and revolving credit facility secured by the Company’s properties ($ in thousands): Principal Balance Outstanding (3) Indebtedness Weighted Average Interest Rate(1) Weighted Average Maturity Date (2)Maximum Facility Size September 30, 2020 December 31, 2019 Fixed rate loans Fixed rate mortgages (1) The term “L” refers to the one-month LIBOR.

• The Weighted Average Maturity Date is rounded to the closest payment date.The following table provides information with respect to the commodities produced on Mortgaged Properties securing Qualified Loans in Pool AS1013.

• The Weighted Average Maturity Date is rounded to the closest payment date.A-3The following table provides information with respect to the commodities produced on Mortgaged Properties securing Qualified Loans in Pool QM1010.

• The following table is a summary of the mortgage notes and revolving credit facility secured by the Company’s properties as of September 30, 2021 and December 31, 2020 ($ in thousands): Principal Balance Outstanding (3) Indebtedness Weighted Average Interest Rate (1) Weighted Average Maturity Date (2)Maximum Facility Size September 30, 2021 December 31, 2020 Fixed rate loans Fixed rate mortgages (1) The term “L” refers to the one-month LIBOR.

• Although not offset on the Company’s Condensed Consolidated Balance Sheets, these transactions are included in the following tables ($ in thousands): March 31, 2021 Indebtedness Maturity Date Coupon Collateral Assets(1)Outstanding Balance Barclays RA 2/26/2026 L + 2.50% $ 496,692 $ 137,970$ 496,692 $ 137,970 December 31, 2020 Indebtedness Weighted Average Maturity Date (1) Represents the fair value of the Company’s investments in real estate debt.