Weighted Average Seasoning definition

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, the weighted average number of months elapsed origination of the Eligible Receivables.” is hereby replaced in its entirety with the following:
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 a Subsequent Purchase Date, the weighted average period elapsed from the date of origination of the Loans in the Initial Portfolio and determined as the aggregate of following calculated amounts for each Subsequent Loan: (a) the Principal Outstanding Balance in respect of the relevant Subsequent Loan divided by the Aggregate Principal Outstanding Balance of all Loans in the Initial Portfolio; multiplied (b) the term (in months) from the date of origination of such Subsequent Loan.
Weighted Average Seasoning means, as of an Addition Date, the weighted average period elapsed from the date of origination of the Receivables in the APC Receivables Portfolio and determined as the aggregate of the following calculated amounts for each additional Receivable: (a) the Current Termination Amount in respect of the relevant additional Receivable divided by the Aggregate Current Termination Amount of all Receivables in the APC Receivables Portfolio; multiplied by (b) the term (in months) from the date of origination of such additional Receivable; The "Weighted Average Applicable Margin" of the Receivables in the APC Receivables Portfolio is calculated on any date of determination as the weighted average of the margins over the benchmark rates for each Utilisation Type provided that with respect to a Utilisation Type with a fixed rate of interest, such rate will be expressed as a margin over the EFG Basic Rate or EURIBOR (as applicable) for the purposes of calculating the Weighted Average Applicable Margin. If the APC Receivables Portfolio calculated on any three consecutive months does not satisfy the APC Collateral Test, then a Series Pay Out Event will occur with respect to the Series 2009-1 APC Loan Notes(see further "The APC Loan Note issue Agreement - Schedule Redemption of the Series 2009-1 APC Loan Notes - Series Pay Out Events"). Amendments to Eligible AgreementsThe Transferor may, subject to restrictions set by law, amend the terms and conditions of the Designated Agreements relating to the approved credit limit and exercise the rights granted to it in relation to the renewal of the credit limit. The Transferor will agree that no amendments will be made to a Designated Agreement if such amendments:
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:
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, in respect of any Remittance Period and as of any date of determination, and as determined with respect to any Default Trigger Pool, an amount equal to the weighted average (weighted solely based on the original principal balances of the Pledged Receivables comprising such Default Trigger Pool as of the last day of such Remittance Period) of the number of consecutive monthly payments which have been made by the related Obligors (in accordance with the respective terms of such Pledged Receivables) for the Pledged Receivables comprising such Default Trigger Pool as of the last day of such Remittance Period.