Weighted Average Remaining Term definition

Weighted Average Remaining Term means, as of any date of determination, the weighted average (weighted solely based upon the Outstanding Balances of the Eligible Receivables as of such date of determination) of the then unexpired terms to stated maturity under the Contracts related to the Eligible Receivables.
Weighted Average Remaining Term means, as of any Payment Date, a number of months equal to (x) the sum for each Loan that is a Pledged Loan as of the last day of the related Due Period of the product of (i) the Loan Balance of such Loan as of the last day of the related Due Period and (ii) the number of months remaining in the term of such Loan as of the last day of the related Due Period, divided by (y) the sum of the Loan Balances of all Pledged Loans as of the last day of the related Due Period.
Weighted Average Remaining Term means, for purposes of meeting the 4 MM Condition in Section 2.04(c), the average amount of time remaining before expiration of the Finished Sand Inventory purchase contracts by one or more Approved Offtakers. For example, suppose Vista Sand has two purchase contracts, one for aggregate remaining minimum volume of 5,000,000 tons and the other for aggregate remaining minimum volume of 10,000,000 tons, for total remaining minimum volume of 15,000,000 tons. The 5,000,000 ton purchase contract expires in five years, and the 10,000,000 ton purchase contract in 10 years. The Weighted Average Remaining Term is calculated as: (5,000,000 tons / 15,000,000 tons) * 5 years + (10,000,000 tons / 15,000,000 tons) * 10 years = 8 1/3 years. For the avoidance of doubt, “remaining minimum” volume means Finished Sand Inventory that has not yet been delivered and shall include only committed volumes.

Examples of Weighted Average Remaining Term in a sentence

  • Weighted Average Original Loan-to-Value Ratio _____% ____% Weighted Average Remaining Term to Maturity.

  • Weighted Average Remaining Term to Maturity (WAM) of the Initial Receivables 56.47 months J.

  • Pool Assets At The Beginning And Ending Of Each Period, And Updated Pool Composition Information, Such As Weighted Average Coupon, Weighted Average Remaining Term, Pool Factors And Prepayment Amounts.

  • Weighted Average Remaining Term of the Receivables 47.11 ------------ C.

  • Report the following data for each indicated loan type by coupon strata: • Fair Value (FV) Multiple• Voluntary Prepayment Speed (CPR)• Involuntary Prepay Speed (Default Rate) (CDR)• Discount Rate (in %)• Option Adjusted Spread (OAS) (in basis points)• Weighted Average Coupon (WAC) (in %)• Weighted Average Maturity (WAM) (in months)• Weighted Average Servicing Fee (WASF) (in %)• Weighted Average Remaining Term (WART) (in months)• Weighted Average Life (WAL) (in months)• Average.


More Definitions of Weighted Average Remaining Term

Weighted Average Remaining Term means the weighted average remaining maturities of the Purchased Assets calculated to equal (i) the sum, for all Purchased Receivables, of (x) the remaining Scheduled Contract Payments of each Purchased Receivable times (y) the remaining term of such Purchased Receivable, divided by (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Purchased Receivables (each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Purchased Receivables to be purchased on such date).
Weighted Average Remaining Term means, at any time, the weighted average remaining term of the Purchased Assets calculated in a manner acceptable to the Purchaser.
Weighted Average Remaining Term means, at any time, a term ------------------------------- (calculated in years) equal to: E (P\\n\\ x T\\n\\) //n// --------- ELRB where:
Weighted Average Remaining Term means the weighted average remaining maturities of the Purchased Assets calculated to equal (i) the aggregate amount of the remaining Scheduled Contract Payments of each Purchased Receivable TIMES the remaining term of such Purchased Receivable, DIVIDED BY (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Purchased Receivables (each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Purchased Receivables to be purchased on such date).
Weighted Average Remaining Term means the weighted average remaining maturities of the Transferred Assets or the Pledged Assets, as the case may be, calculated to equal (i) the aggregate amount of the remaining Scheduled Contract Payments of each Receivable or Pledged Receivable, as the case may be, TIMES the remaining term of such Receivable or Pledged Receivable, as the case may be, DIVIDED BY (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Receivables or Pledged Receivables, as the case may be,(each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Receivables to be purchased on such date).
Weighted Average Remaining Term means, as of an Additional Purchase Date, the weighted average remaining term to maturity for the Lease Receivables in the Lease Receivables Portfolio calculated as the aggregate of the following calculated amounts for each Lease Contract: (a) the Lease Outstanding Balance of the relevant Lease Contract divided by the Aggregate Lease Outstanding Balance of all Lease Receivables in the Lease Receivables Portfolio; multiplied by (b) the remaining term (in months) to maturity of such Lease Contract.
Weighted Average Remaining Term means, at any time, a term ------------------------------- (calculated in years) equal to: { (Pn x Tn) n ---------- ELRB where: { = The mathematical symbol for summation. The summation is computed from 1 to n, where n is the number of remaining Periodic Installments of Rent which comprise all Eligible Lease Receivables at such time. Pn = The amount of the nth Periodic Installment of Rent which comprises such Eligible Lease Receivables. Tn = The remaining period, in years, from such time until the scheduled due date of such nth Periodic Installment of Rent. ELRB = The Eligible Lease Receivables Balance at such time.