Annualized. 7 The increase in portfolio yield for the fiscal year ended June 30, 1996 and for the three months ended September 30, 1996 reflects changes in the overall pricing distribution of the Bank Portfolio. The decline in portfolio yield for fiscal year 1995 is primarily the result of the Bank's focus on the direct solicitation of low-rate, no annual fee credit cards which on average had a lower introductory rate and which had the effect of lowering finance charge income and annual fee income. The accounts in the Bank Portfolio that are not included in the Trust Portfolio are primarily newly originated accounts with a greater proportion of Receivables arising under accounts generated under this type of solicitation than the average accounts in the Trust Portfolio, which are more seasoned. Therefore, the actual portfolio yield with respect to the Receivables in the Trust Portfolio may be different from that set forth above. THE RECEIVABLES The Receivables in the Accounts selected from the Bank Portfolio included and to be included in the Trust on the basis of criteria set forth in the Pooling and Servicing Agreement (the "Trust Portfolio") (including the additional Accounts added to the Trust on October 3, 1996 and certain additional Accounts designated to be added to the Trust on the Closing Date) as of the close of business on September 30, 1996, consisted of $17,953,842,869 of principal Receivables and $529,752,796 of finance charge Receivables. On August 22, 1996 and September 24, 1996 (the "Relevant Cut Off Dates"), the Transferor designated additional Accounts, which included approximately $635,767,475 of principal Receivables as of the close of business on September 30, 1996, and will transfer the Receivables arising therein to the Trust on the Closing Date. The Transferor may determine to add to the Trust on or about the Closing Date, in compliance with the provisions of the Pooling and Servicing Agreement, Receivables in additional Accounts in addition to those reflected in the two preceding sentences. The additional Accounts to be added to the Trust on the Closing Date were, as of the Relevant Cut Off Date, Eligible Accounts. The Accounts had an average principal Receivable balance of $1,876 (including accounts with a zero balance) and an average credit limit of $7,084. The percentage of the aggregate total Receivable balance to the aggregate total credit limit was 27.3%. As of September 30, 1996, cardholders whose Accounts are included in the Trust Port...
Annualized. -------------------------------------------------------------------------------- --------------------------------------------------------------------------------
Annualized. All salaries will be annualized.
Annualized. All salaries of Administrative Assistants and Aides will be annualized. Those employees have the following payment options:
Annualized. Ninety-Nine Thousand Five Hundred Forty-One and 92/100 Dollars ($99,541.92)
Annualized. EBITDA of Borrower and its Restricted Subsidiaries, on a consolidated basis; provided that, at any time after (x) in connection with the Target Acquisition or with respect to any acquisition that is a Material Acquisition in accordance with clause (ii) of the definition thereof to which the United Kingdom City Code on Takeovers and Mergers (or any comparable laws, rules or regulations in any other jurisdiction) applies, on (i) April 25, 2018 in connection with the Target Acquisition or (ii) the date on which a “Rule
Annualized. ------------------------ AIM V.I. HIGH YIELD FUND ------------------------ OBTAINING ADDITIONAL INFORMATION -------------------------------------------------------------------------------- More information may be obtained free of charge upon request. The Statement of Additional Information (SAI), a current version of which is on file with the Securities and Exchange Commission (SEC), contains more details about the fund and is incorporated by reference into the prospectus (is legally a part of this prospectus). Annual and semiannual reports to shareholders contain additional information about the fund's investments. The fund's annual report also discusses the market conditions and investment strategies that significantly affected the fund's performance during its last fiscal year. If you wish to obtain free copies of the fund's current SAI, please send a written request to A I M Distributors, Inc., 11 Greenway Plaza, Suite 100, Houston, Texas 77046-1173 or call (800) 000-0000. Xxx xxxx xxx xxxxxx xxx xxxxxx xxxxxx of the fxxx'x XXX, xxxorts and other information at the SEC's Public Reference Room in Washington, DC; on the EDGAR database on the SEC's Internet website (http://www.sec.gov); xx, xfter paying a duplication fee, by sending x xxxxxx xx xxx XEC's Public Reference Section, Washington DC 20549-0102 or by sending an electronic mail request to publicinfo@sec.gov. Please call the SEC at 1-202-942-8090 for inforxxxxxx xxxxx xxx Xublic Reference Room. ------------------------------------ AIM V.I. HIGH YIELD FUND SERIES I SEC 1940 Act file number: 811-7452 ------------------------------------ AIMinvestments.com APPENDIX III AIM V.I. HIGH YIELD FUND MANAGEMENT'S DISCUSSION OF FUND PERFORMANCE BEAR MARKET PERSISTS THROUGHOUT FISCAL YEAR It was another banner year for investment-grade bonds but high yield bonds, which respond more to economic conditions than interest rate changes, faced a difficult year. For the year ended December 31, 2002, AIM V.I. High Yield Fund Series I shares posted a return of -5.84%, while Series II shares returned -6.08%.* By comparison, the Lehman High Yield Index and Lipper High Yield Bond Fund Index, retuxxxx -1.41% and -2.41%, respectively, over the same period. Underscoring investor sentiment toward higher-quality investments, the Lehman Aggregate Bond Index returned 10.25% for the year. RELEVANT XXXXXT CONDITIONS 2002 began favorably for the fund and the high yield market as a whole. In January, investors assumed an economic r...
Annualized. ORBITEX LIFE SCIENCES & BIOTECHNOLOGY FUND, INC. NOTES TO FINANCIAL STATEMENTS OCTOBER 31, 2001
Annualized. SEE NOTES TO FINANCIAL STATEMENTS ORBITEX LIFE SCIENCES & BIOTECHNOLOGY FUND, INC. NOTES TO FINANCIAL STATEMENTS APRIL 30, 2002 (UNAUDITED)
Annualized. The conversion rate of a financial asset or instrument annually
