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.

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

• Chart 2: Weighted Average Term Loan SpreadsDebt/EBITDA >= 4Debt/EBITDA < 4Basis points, four-quarter moving average 600 500 400 600 500 400 300 300 200 200 100 100 0 01995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017Note: Debt-to-EBITDA measure based on trailing 12-month average in lagged loan origination quarter.

• We, the undersigned members of the Religious Board constituted under the provision of section 9 of the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 (XXXI of 1980) hereby certify that the business proposed to be undertaken by the modaraba as per draft prospectus submitted to us is not opposed to the injunctions of Islam.

• 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.

More Definitions of Weighted Average Term

Weighted Average Term means, at any time, the weighted average of the stated terms of all Eligible Receivables, weighted on the basis of the Outstanding Balance of each such Receivable, as of the time of such calculation.

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 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). 9.2.

Weighted Average Term means, as of any date of determination, with respect to all Receivables in the Receivable Pool which are Eligible Receivables, the number of months following such date of determination obtained by summing the products obtained by:

Weighted Average Term means for any day, with respect to all Eligible Receivables held in the Trust on such day, the number of days calculated by (a) multiplying, with respect to Eligible Receivables grouped by sales terms category, (i) the average number of days that Eligible Receivables in such category remain outstanding based on the Original Term thereof by (ii) the aggregate Unpaid Balances of the Eligible Receivables in such category (expressed as a numeral), (b) adding each of the products calculated pursuant to clause (a) to derive the total thereof, and (c) dividing such total amount by the aggregate Unpaid Balances of all such Eligible Receivables (expressed as a numeral).

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, 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.