Yield Maintenance Amount definition

Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero.
Yield Maintenance Amount means the present value, as of the Repayment Date, of the remaining scheduled payments of principal and interest from the Repayment Date through the Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid on the Repayment Date.
Yield Maintenance Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Called Principal of such Note over the sum of (i) such Called Principal plus (ii) interest accrued thereon as of (including interest due on) the Settlement Date with respect to such Called Principal. The Yield-Maintenance Amount shall in no event be less than zero. 10B. Other Terms.

Examples of Yield Maintenance Amount in a sentence

  • The Acceleration Fee shall be calculated in the same manner as the Yield Maintenance Amount set forth in the provision captioned “Yield Maintenance for Fixed-Rate Loans” as set forth in this Note.

  • Pursuant to each Yield Maintenance Agreement, the Yield Maintenance Counterparty shall have provided the Securities Administrator, the Trustee and the Master Servicer with notice of the Yield Maintenance Amount, if any, to be paid by the Yield Maintenance Counterparty to the Securities Administrator for the account of the Trust pursuant to such Yield Maintenance Agreement for each Distribution Date.

  • Notice of prepayment having been given as aforesaid, the principal amount of the Notes specified in such notice, together with interest thereon to the prepayment date and together with the Yield- Maintenance Amount, if any, herein provided, shall become due and payable on such prepayment date.

  • If the Loan is accelerated for any reason other than casualty or condemnation, and the Loan is otherwise closed to prepayment, Borrower shall pay, in addition to all other amounts outstanding under the Loan Documents, a prepayment premium equal to the sum of (i) the Yield Maintenance Amount, if any, that would be required under the Defeasance Option and (ii) five percent (5%) of the outstanding balance of the Loan.

  • Or, the haven states might follow in the footsteps of the bank secrecy and high-seas pirate havens and profit from funds which the cybercriminals deposit and/or expend in their jurisdiction.


More Definitions of Yield Maintenance Amount

Yield Maintenance Amount. For the Class 5-A-1 Certificates and any Distribution Date prior to and including the Yield Maintenance Agreement Termination Date for which the one-month LIBOR, as determined in the Yield Maintenance Agreement, exceeds the Cap Strike Rate, an amount equal to the product of (a) the Class Principal Balance of such Class of Certificates immediately prior to such Distribution Date, (b) the excess of (i) the lesser of (x) one-month LIBOR, as determined in the Yield Maintenance Agreement, and (y) the Maximum Cap Rate over (ii) the Cap Strike Rate and (c) one-twelfth.
Yield Maintenance Amount means the “Yield-Maintenance Amount” as defined in either Note Purchase Agreement.
Yield Maintenance Amount. For any Distribution Date (other than the Distribution Date in October 2005) prior to and including the Distribution Date in May 2008, an amount equal to the product of (a) the Class Certificate Balance of the Class 1-A-2 Certificates immediately prior to such Distribution Date, (b) the excess of (i) the lesser of 8.800% and LIBOR over (ii) 4.800% and (c) one-twelfth.
Yield Maintenance Amount means the positive difference, if any, between (i) the present value on the date of prepayment (by acceleration or otherwise) of all future installments of principal and interest which the Borrowers would otherwise be required to pay under the Note from the date of such prepayment until the Maturity Date absent such prepayment, including the unpaid principal amount which might otherwise be due upon the Maturity Date absent such prepayment, with such present value being determined by the use of a discount rate equal to the yield to maturity (adjusted to a "Mortgage Equivalent Basis" pursuant to the standards and practices of the Securities Industry Association), on the date of such prepayment of the United States Treasury Security having the term to maturity closest to what otherwise would have been the remaining term hereof absent such prepayment and (ii) the principal balance of the Loan on the date of such prepayment.
Yield Maintenance Amount means the amount which will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and
Yield Maintenance Amount means the present value, as of such prepayment date, of the remaining scheduled payments of principal and interest from the prepayment date through the Open Prepayment Date (and including the balloon payment due on the Maturity Date as if such balloon payment was due on the Open Prepayment Date) determined by discounting such payments at the Discount Rate (as defined in the Loan Agreement), less the amount of principal being prepaid on the prepayment date. Part B. Description of Notes Note Initial Note Principal Balance Initial Percentage Interest (approx.) Note Interest Rate (per annum) Initial Holder Lead Securitization Note (Yes/No)
Yield Maintenance Amount means, with respect to any Distribution Date, the sum of all Designated Loan Required Amounts as of such Distribution Date.