Weighted Average Term definition

Weighted Average Term. On any day, the weighted average of the stated terms of all Receivables (excluding Receivables owed by an Affiliate or employee of any Seller Party or Originator) owned by Seller on such date, weighted on the basis of the Unpaid Balance of each such Receivable, as of such date of calculation.

Weighted Average Term means the weighted average term of all Paid Receivables, calculated on the basis of the formula: (original stated payment term of each invoice x amount of such invoice) / invoice amount.

Weighted Average Term. [As to the final transfer of Subsequent Mortgage Loans:]

Examples of Weighted Average Term in a sentence

• For PC pools backed by balloon/reset mortgages, the WARM reflects the WATB (Weighted Average Term to Balloon), which is the weighted average remaining number of months to the balloon maturity or reset date of the mortgages.

• Except as specifically provided in the next succeeding sentence, the Revolving Loans shall accrue interest at the Weighted Average Term Debt Rate plus three percent (3.0%) per annum, or the maximum interest rate allowable by law, if and to the extent applicable, whichever is lower.

• Weighted Average Term Unit □Year □Month□Day □Year □Month□Day □Year □Month□Day 27.

• Debt held by the Trust at December 31, 2014 is as follows: Weighted Average Term to Maturity (years) Range of Term to Maturity (years) Weighted Average Interest Rate (%) Range of Interest Rate (%) Maximumavailable Principal Available to be drawn(1) Mortgages payable(a)1- Debt available to be drawn is subject to certain covenants in addition to the debt to gross book value limit of 65% as per the Declaration of Trust.

• In 2014, the Weighted Average Term Deposit rate (WATDR) was same as Public Provident Fund (PPF), however the gap between them is 115 basis point at end October 2019.Chart- 9 Saving Deposit Rate Source: Reserve Bank of IndiaIt is unlikely that the term deposit rates can decline without a decrease in administered rates on schemes like these.

More Definitions of Weighted Average Term

Weighted Average Term means, as of any date of determination, the weighted average (weighted solely based upon the Outstanding Balances of the Pledged Receivables as of such date) of the remaining terms of the Pledged Receivables as of such date.

Weighted Average Term of any Debt means at any time the number of years obtained by dividing the then remaining dollar-years of such Debt by the then outstanding principal amount of such Debt; and the "remaining dollar-years" of any Debt means at any time the amount obtained by (a) multiplying the amount of each then remaining installment, sinking fund, serial maturity or other required payment, including payment at final maturity, by the number of years (calculated to the nearest one-twelfth) which will elapse between the time in question and the making of that payment and (b) totaling all of the products obtained in (a).

Weighted Average Term means, as of any date of determination, a number of days determined by taking the sum for each Receivables Term then included in the Pool Receivables of the product of (A) such Receivables Term multiplied by (B) the percentage of the aggregate Outstanding Balance of all Pool Receivables represented by Pool Receivables with such Receivables Term.

Weighted Average Term since origination: (A) 1.63 months 8. February 1, 1998 first payment date: (A) -0-% [As to final transfer of Subsequent Mortgage Loans:]

Weighted Average Term means, as of any date, a fraction the numerator of which is the sum of the product for each Receivable sold to the Trust during the preceding month of (i) the outstanding balance of such Receivable (at the time such Receivable is transferred to the Trust) TIMES (ii) the payment term (in days) for each such Receivable, and the denominator of which is the aggregate outstanding balance of such Receivables (at the time such Receivable is transferred to the Trust); PROVIDED, HOWEVER, (x) that if more than 10% of the aggregate principal balance of Receivables transferred to the Trust during such preceding month are not Eligible Receivables (at the time such Receivables were transferred to the Trust), then the "Weighted Average Term" shall be recalculated on such date excluding the balances of all such non-Eligible Receivables transferred to the Trust during the preceding month; (y) that for purposes of clause (ii) above, the "term" of all Receivables in the April 1 Program shall be deemed to begin on the invoice date for each such Receivable which is not April 1st; and (z) that the amount in clauses (i) and (x) shall not include the balances of Receivables as to which Wheeling-Nisshin, Inc. is the Obligor.

Weighted Average Term means, in respect of a group of Designated Eligible Leases, a fraction the numerator of which is the aggregate of the products obtained when the Financed Balance of each such Designated Eligible Lease is multiplied by the remaining Term thereof and the denominator of which is the aggregate Financed Balances of all such Designated Eligible Leases.

Weighted Average Term means the term equal to the product of (i) the amount outstanding under each invoice which has not been paid in full by the relevant payment deadline set forth in the relevant Service Contract, and (ii) the number of days for which such invoice remains overdue, divided by the aggregate amount of all such invoices which remain outstanding, in each case, as at the relevant calculation date.