Weighted Average Seasoning means, on each Payment Date, the weighted average seasoning of the Receivables, calculated on a contract by contract basis as the original term minus the remaining term of such contract.
Weighted Average Seasoning means, on each Payment Date, the weighted average seasoning of the Receivables, calculated on a Contract by Contract basis as the original term minus the remaining term of such Contract.
Weighted Average Seasoning means, with respect to all Eligible Receivables, the weighted average number of months elapsed since origination of the Eligible Receivables.
Examples of Weighted Average Seasoning in a sentence
Weighted Average Seasoning: 4.38 monthsWeighted Average Original Term: 10.34 monthsWeighted Average Remaining Term: 5.96 monthsTop 1 Obligor percentage: 0.45 per cent.Top 3 Obligor percentage: 1.03 per cent.Top 5 Obligor percentage: 1.39 per cent.Top 10 Obligor percentage: 2.07 per cent.
Development should help ensure that there is a net gain of biodiversity and geological interest by avoiding adverse impacts first then providing appropriate mitigation measures and finally seeking positive enhancements wherever possible.
The Weighted Average Seasoning of the Loans in the Portfolio is at least equal or greater than 15 months.
E.3.1.1 Weighted Average Seasoning (months) 79E.3.1.2 Weighted Average Maturity (months)** 165OE.3.1.1OE.3.1.2OE.3.1.32.
Type of mortgage Number of loans in the Provisional Mortgage PortfolioSecond (or subsequent) lien 5,038 Total Current Balance (£)228,167,476Average Current Balance .....................£45,289 Weighted Average Current Loan to Value Ratio.......................................65.38% Weighted Average Interest Rate5.94% Weighted Average Seasoning (Months)4 Weighted Average Remaining Term15.7 (Years)..............................................
More Definitions of Weighted Average Seasoning
Weighted Average Seasoning means, with respect to all Eligible Receivables included in the determination of Net Eligible Receivable Balance, the weighted average number of months elapsed origination of such Eligible Receivables.”
Weighted Average Seasoning means, in respect of the Receivables Portfolio as at any Additional Collateral Determination Date, the average amount of time elapsed between the date in which each Purchased Receivable has been granted to the relevant Obligor and the applicable Collateral Determination Date, weighted by the percentage of the Receivables Portfolio that each such Purchased Receivable represent; Effectiveness of the AssignmentThe assignment of the Initial Receivables Portfolio and any Additional Receivables Portfolio by the Originator to the Issuer will be governed by the Securitisation Law (See "SELECTED ASPECTS OF PORTUGUESE LAW RELEVANT TO THE RECEIVABLES AND THE TRANSFER OF THERECEIVABLES"). Paragraph 4 of Article 6 of the Securitisation Law facilitates the process of transferring receivables by introducing an amendment to the general principles, provided by Article 583 of the Portuguese Civil Code, on the effectiveness of the transfer of receivables, inter alia, by a credit institution (acting as the Servicer) whereby the assignment becomes effective at the time of execution of the relevant sale agreement both between the parties thereto and against the Obligors. No notice to Obligors is required to give effect to the assignment of the Purchased Receivables to the Issuer, however, if the Related Security is capable of registration with a public registry the assignment of the Related Security will only be effective against third parties acting in good faith upon registration of such assignment with the relevant public registry (see below "Notification Event"). Notification Event Following the occurrence of a Notification Event, the Originator will execute and deliver to, or to the order of, the Issuer: (a) all title deeds, application forms and all other documents evidencing the Assigned Rights (b) an official application form duly filled in to be filed in the relevant public registry requesting registration of the assignment to the Issuer of each Related Security (if any) or, whenever possible, a set of Related Security, (c) Notification Event Notices addressed to the relevant Obligors and copied to the Issuer in respect of the assignment to the Issuer of each of the Assigned Rights included in the Receivables Portfolio, and (d) such other documents and provide such other assistance as is necessary in order to register any Related Security and notify the relevant Obligors. The notice will instruct the relevant Obligors, with effect from the date of receipt by the Obligo...
Weighted Average Seasoning means, with respect to each Quarterly Vintage, the weighted average Seasoning of the Receivables included in such Quarterly Vintage as of the last day of the related calendar quarter in which such Quarterly Vintage is created, weighted on the basis of the Receivable Balance (calculated as of the Origination Dates of such Receivables) of each Receivable included in such Quarterly Vintage and rounded to the nearest integer.
Weighted Average Seasoning means, with respect to any Determination Date, -------------------------- the fraction (stated as a number of months) equal to
Weighted Average Seasoning. For each Eligible Equipment Loan, the original term of such Loan less the remaining term, multiplied by the current Loan Balance of such Loan, and divided by the Aggregate Loan Balance.
Weighted Average Seasoning means, as of an Additional Purchase Date, the weighted average period elapsed from the date of origination of the SME Bonds in the SME Bond Portfolio and determined as the aggregate of the following calculated amounts for each Additional SME Bond: (a) the Principal Outstanding Balance in respect of the relevant Additional SME Bond divided by the Aggregate Principal Outstanding Balance of all SME Bonds in the SME Bond Portfolio; multiplied by (b) the term (in months) from the date of origination of such Additional SME Bond;
Weighted Average Seasoning means, as of an Additional Purchase Date, the weighted average period elapsed from the date of origination of the Lease Receivables in the Lease Receivables Portfolio and determined as the aggregate of the following calculated amounts for each Additional Lease Receivables: