Weighted Average Remaining Term to Maturity definition
Weighted Average Remaining Term to Maturity means a weighted average of the remaining terms to maturity of the Loan and Mortgage Investments of the Company, computed by weighing each maturity date (the date the Loan and Mortgage Investment comes due) by the value of the Loan and Mortgage Investment.
Weighted Average Remaining Term to Maturity means a weighted average of the remaining terms to maturity of the Loan and Mortgage Investments or Investment in Finance Leases, as applicable, of the Company, computed by weighing each maturity date (the date the Loan and Mortgage Investment comes due) by the value of the Loan and Mortgage Investments or Investment in Finance Leases, as applicable.
Weighted Average Remaining Term to Maturity means, as of any date of determination with respect to all Eligible Home Improvement Loans owned by the Borrower on such date, the number obtained by (a) summing the products obtained by multiplying (i) the remaining term to the stated maturity date (expressed in months) of each such Eligible Home Improvement Loan times (ii) the Home Improvement Loan Balance of each such Eligible Home Improvement Loan and (b) dividing such sum by the Aggregate Home Improvement Loan Balance as of such date of determination.
Examples of Weighted Average Remaining Term to Maturity in a sentence
Weighted Average Original Loan-to-Value Ratio _____% ____% Weighted Average Remaining Term to Maturity.
N/A 1.00% Weighted Average Remaining Term to Maturity...............
Weighted Average Remaining Term to Maturity of Portfolio (WAM) in months 45.84 months 44.13 months 3.
Each Receivable has a final scheduled payment date which is not later than 60 months after the Closing Date (in the case of Initial Receivables) or the relevant Funding Date, and the addition of such Receivable will not cause the Weighted Average Remaining Term to Maturity of the Receivables to exceed 40 months.
More Definitions of Weighted Average Remaining Term to Maturity
Weighted Average Remaining Term to Maturity means, at any time, a term equal to: