Weighted Average Note Rate. With respect to any Distribution Date and the Mortgage Loan, the weighted average of the Note Rates (weighted based on the outstanding principal balance of the related Note as of such date).
Weighted Average Note Rate means, for any Transfer Date, the sum of:
Weighted Average Note Rate means, as of any Determination Date, the weighted average of the Class A-1 Note Rate, the Class A-2 Note Rate, the Class A-3 Note Rate and the Class A-4 Note Rate (weighted based on the outstanding Class A-1 Note Balance, the outstanding Class A-2 Note Balance, the outstanding Class A-3 Note Balance and the outstanding Class A-4 Note Balance as of such Determination Date).
Examples of Weighted Average Note Rate in a sentence
The next issue analyzes the staffing levels of the Signs and Markings Unit.
For a total and permanent disability claim, the lender must submit—in addition to the preceding items 1 through 5—a completed Physician’s Certification of Borrower’s Total and Permanent Disability, a common Temporary or Permanent Total Disability Certification Request Form, or other forms approved by the Department (such as the common deferment form).
Credit Facilities Debt Principal Balance Debt Carrying Value Weighted Average Note Rate Maturity Dates $150 million warehouse line of credit $ 128,582,653 $ 128,358,137 1.93% Nov.
The date on which both (i) the aggregate of all Cash Purchase Prices paid exceeds $25,000,000 on or prior to December 1, 2004 and (ii) the Weighted Average Note Rate as of such date of determination is equal to or less than 6.40%.
Once the discount period in respect of those Loans with a discounted, fixed, LIBOR linked or capped mortgage rate has ended, this figure is expected to equal approximately 1.463 per cent., assuming the Weighted Average Note Rate and the Principal Amount Outstanding as at the Issue Date.
More Definitions of Weighted Average Note Rate
Weighted Average Note Rate. [ ]% per annum.
Weighted Average Note Rate. [The greater of the Annual Percentage Rate and the Discount Rate applied to each of the Additional Receivables or the Initial Receivables, as applicable, weighted on the basis of (i) the Principal Balance and (ii) the remaining term of each such Receivable, each as of the Applicable Cutoff Date.] [[ ]% per annum.]]
Weighted Average Note Rate means, as of any Determination Date, the weighted average of the Class A Note Rate (weighted based on the outstanding Class A Note Balance as of such Determination Date).Annex A - 26
Weighted Average Note Rate the weighted average of the [Class A] Note Rate, the [Class B] Note Rate and the [Class C] Note Rate, calculated as of the Closing Date. For purposes of calculating the Weighted Average Note Rate, the [Class C] Note Rate shall be equal to the [Class B] Note Rate and the balance applicable thereto shall equal _____% of the Initial Aggregate Balance.
Weighted Average Note Rate means, as of any Determination Date, the weighted average of the Class A-1 Note Rate, the Class A-2 Note Rate and the Class A-3 Note Rate (weighted based on the outstanding Class A-1 Note Balance, the outstanding Class A-2 Note Balance and the outstanding Class A-3 Note Balance as of such Determination Date). XXXXXXX X-0 Issuer's Certificate pursuant to Section 3.4 of the Sale and Servicing Agreement
Weighted Average Note Rate means, for any Interest Accrual Period, the weighted average Note Rate for each day during such Interest Accrual Period, weighted on the basis of the Outstanding Advances related to each Pledged Receivable as of each such day. SCHEDULE II LOAN SERVICING POLICY Collection Department Structure: Our account mangers handle the customer accounts from cradle to grave as determined alphabetically. This gives our account managers a defined responsibility. This also helps in managing the account managers work load by adjusting the range of alphabet they handle. Collection Correspondence: Collection letters that are sent to our customers come from a suite of letters that have been stored on our computer program. These letters have been reviewed and approved by legal and management. Collectors do not send out self styled letters to customers. The initial billing statement goes out to all customers 20 days before the payment becomes due. Past due notices are sent out at 10 days past due and again at 40 days past due and every 30 days thereafter as long as the customer continues past due. The other letters available to the collectors are sent out as the collectors deem necessary. Collection Calls: Our collectors make collection phone calls from a queue of customers. The delinquent customers are scored with the highest score customers being first in the collection queue. Collection procedures are initiated on the first day an account becomes one day past due and continue on a daily basis until that account is resolved by either paying up to date or reaching a satisfactory agreement as to a payment arrangement.
Weighted Average Note Rate means, as of any Determination Date, the weighted average of the Class A Note Rate and the Class B Note Rate (weighted based on the outstanding Class A Note Balance and the outstanding Class B Note Balance as of such Determination Date). Annex A - 31 EXHIBIT A-1 Issuer's Certificate pursuant to Section 3.4 of the Sale and Servicing Agreement Reference is made to the Sale and Servicing Agreement (the "Agreement"), dated as of June 1, 2000, among Long Beach Acceptance Receivables Corp., Long Beach Acceptance Corp., as originator and as servicer, The Chase Manhattan Bank, as trust collateral agent, custodian and back-up servicer and Long Beach Acceptance Auto Receivables Trust 2000-1, as issuer (the "Issuer"). The Issuer does hereby sell, transfer, assign, and otherwise convey to LBAC, without recourse, representation, or warranty, all of the Issuer's right, title, and interest in and to all of the Receivables (as defined in the Agreement) identified in the attached Servicer's Certificate as "Purchased Receivables," which are to be repurchased by LBAC pursuant to Section 3.4 of the Agreement, and all security and documents relating thereto.