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 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 (expressed in years, or fractions thereof), 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).

Examples of Weighted Average Remaining Term in a sentence

• The Approximate Weighted Average Remaining Term to Maturity (in months) is the approximate weighted average remaining term to maturity of the Mortgage Loans underlying the related Trust MBS.

• Weighted Average Remaining Term means, as of an Additional Portfolio Purchase Date, the weighted average remaining term to maturity for the Lease Receivables in the Portfolio calculated as the aggregate of the following calculated amounts for each Lease Agreement: (a) the Lease Outstanding Balance of the relevant Lease Agreement divided by the Aggregate Lease Outstanding Balance of all Lease Receivables in the Portfolio; multiplied by (b) the remaining term (in months) to maturity of such Lease Agreement.

• The Weighted Average Remaining Term to Maturity, Weighted Average Loan Age and the Weighted Average Mortgage Rate of the mortgage loans underlying the Trust Asset is 355 months, 3 months and 5.904%, respectively.

• 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.

• AND SUBSIDIARIESNotes to Consolidated Financial Statements (Unaudited) Stock OptionsThe following table summarizes stock option activity (in thousands, except term and per share data): Stock Options Weighted Average Exercise Price Aggregate Intrinsic Value Weighted Average Remaining Term Outstanding - December 28, 2019134 $ 5.72 $ 10,801 The total grant-date fair value of stock options vested during the thirteen weeks ended March 28, 2020 was $0.2 million.

More Definitions of Weighted Average Remaining Term

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.

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 the weighted average remaining term to the next expiry date or to the expiry date, as applicable, for the SME Receivables in the SME Receivables Portfolio calculated as the sum of the amounts for all SME Receivables equal to the product of, for each SME Receivable, (a) the Principal Outstanding Balance of such SME Receivable divided by the Aggregate Principal Outstanding Balance of the SME Receivables Portfolio and (b) the remaining term (in months) to the next expiry date or to the expiry date, as applicable, of such SME Receivable;

Weighted Average Remaining Term means, as of the Additional Purchase Date, the weighted average remaining term to maturity for the SME Bonds in the SME Bond Portfolio calculated as the aggregate of the following calculated amounts for each SME Bond: (a) the Principal Outstanding Balance of the relevant SME Bond divided by the Aggregate Principal Outstanding Balance of all SME Bonds in the SME Bond Portfolio; multiplied by (b) the remaining term (in months) to maturity of such SME Bond;

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.

Weighted Average Remaining Term means, as of any date of measurement, with respect to all of the Eligible Loans included in the Collateral at such time, the number equal to (i) the sum of the products for each such Eligible Loan of (A) the remaining term to maturity (in years, rounded to the nearest one tenth thereof and based upon the initial maturity date of such Eligible Loan) of such Eligible Loan times (B) the Outstanding Loan Balance of such Loan, divided by (ii) Aggregate Outstanding Loan Balance at such time.

Weighted Average Remaining Term. For any Accounting Date, the sum for all Loans in a Pool of the product of each Loan's (i) Loan Balance and (ii) remaining number of Scheduled Payments, divided by the Aggregate Loan Balance of that Pool.