Average Life Sample Clauses

Average Life. 5 beneficial interest...................................................5
Sample 1Sample 2See All (6)
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Average Life. The Reinvestment Yield shall be rounded to the number of decimal places as appears in the interest rate of the applicable Note.
Sample 1Sample 2Sample 3See All (4)
Average Life. 5.15 1.88 1.55 1.10 0.93 0.67 Duration: 4.08 1.69 1.41 1.02 0.87 0.63 First Prin Pay: 7/97 7/97 7/97 7/97 7/97 7/97 Last Prin Pay: 1/07 5/01 8/00 9/99 5/99 11/98 ----------------------------------------------------------------------------- A2 SENIOR Price: 99-31 Coupon: 6.5500 Original Par: 25,021,000 ----------------------------------------------------------------------------- To Call: Bond Yield: 6.61 6.59 6.58 6.56 6.54 6.51 Average Life: 11.82 5.37 4.43 3.10 2.59 1.84 Duration: 7.96 4.37 3.71 2.71 2.30 1.68 First Prin Pay: 1/07 5/01 8/00 9/99 5/99 11/98 Last Prin Pay: 4/11 5/04 3/03 7/01 11/00 11/99 ----------------------------------------------------------------------------- A3 SENIOR Price: 99-27 Coupon: 6.7000 Original Par: 19,982,000 ----------------------------------------------------------------------------- To Call: Bond Yield: 6.78 6.78 6.78 6.77 6.76 6.75 Average Life: 15.60 8.60 7.22 5.10 4.07 2.84 Duration: 9.36 6.31 5.52 4.17 3.45 2.51 First Prin Pay: 4/11 5/04 3/03 7/01 11/00 11/99 Last Prin Pay: 3/15 4/08 8/06 12/03 7/02 11/00 ----------------------------------------------------------------------------- The above analysis is not intended to be a prospectus and any investment decision with respect to the security should be made by you based solely upon all of the information contained in the final prospectus. Under no circumstances shall the information presented constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. The securities may not be sold nor may an offer to buy be accepted prior to the delivery of a final prospectus relating to the securities. The above preliminary description of the underlying assets has been provided by the issuer and has not been independently verified by Credit Suisse First Boston. All information described above is preliminary, limited in nature and subject to completion or amendment. Credit Suisse First Boston makes no representations that the above referenced security will actually perform as described in any scenario presented. (CREDIT SUISSE/FIRST BOSTON logo appears here) BOND PROFILE SUMMARY ----------------------------------------------------------------------------- Percent of MHP: 0 75 100 160 200 300 ----------------------------------------------------------------------------- ...
Sample 1
Average Life. The average length of time that an issue of serial bonds and/or term bonds with a mandatory sinking fund feature is expected to be outstanding. Bankers' Acceptance (BA's). A draft or bill of exchange drawn upon and accepted by a bank. Frequently used to finance shipping of international goods. Used as a short-term credit instrument, bankers' acceptances are traded at a discount from face value as a money market instrument in the secondary market on the basis of the credit quality of the guaranteeing bank. Basis Point. One hundredth of one percent, or 0.01%. Thus 1% equals 100 basis points.
Sample 1
Average Life. The average maturity of the Bond does not exceed 120% of the average reasonably expected economic life of the facilities to be financed with the proceeds of the Loan.
Sample 1
Average Life. All or None (AON) A requirement that the total amount of a given order be executed at the specified price - no lesser amount will be acceptable. Alternative Mortgage Instrument (AMI) A non-traditional mortgage; a mortgage with terms varying from those of traditional mortgages in one or more ways. Among the AMIs in use today are: Variable Rate Mortgage (VRM): characterized by interest rates that vary according to a formula tied to the lender's cost of money or other index. Graduated Payment Mortgage (GPM): characterized by a fixed interest rate and term to maturity, but payments that are at first relatively small and which rise by a fixed percentage per year for a fixed number of years.
Sample 1
Average Life. The arithmetic weighted average life of a bond where the weights are the proportion of the principal amount being redeemed. AVG Average Away Refers to a trade, quote or market which does not originate with the dealer in question, I.e., "the market is 100 1/4-1/2 away (from me)." Axe Short for "axe to grind". Refers to a trading position or preference. XX Xxxxxx'x Acceptance Baby Bond A bond issued in a denomination of less than $1000 issued as a means of reaching small investors and thus widening the possible market and permitting increased diversification for small investors. Back Months Those futures contract months which are beyond 12 months of the current date. Balanced Account An account which holds both fixed income or debt securities (bonds) as well as equities (stocks), or bonds and international bonds.
Sample 1
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Related to Average Life

  • Constant Maturity Swap Rate Notes If the Interest Rate Basis is the Constant Maturity Swap Rate, this Note shall be deemed a “Constant Maturity Swap Rate Note.” Unless otherwise specified on the face hereof, “Constant Maturity Swap Rate” means: (1) the rate for U.S. dollar swaps with the designated maturity specified in the applicable pricing supplement, expressed as a percentage, which appears on the Reuters Screen (or any successor service) ISDAFIX1 Page as of 11:00 A.M., New York City time, on the particular Interest Determination Date; or (2) if the rate referred to in clause (1) does not appear on the Reuters Screen (or any successor service) ISDAFIX1 Page by 2:00 P.M., New York City time, on such Interest Determination Date, a percentage determined on the basis of the mid-market semiannual swap rate quotations provided by the reference banks (as defined below) as of approximately 11:00 A.M., New York City time, on such Interest Determination Date, and, for this purpose, the semi-annual swap rate means the mean of the bid and offered rates for the semi-annual fixed leg, calculated on a 30/360 day count basis, of a fixed-for-floating U.S. dollar interest rate swap transaction with a term equal to the designated maturity

  • Spread; Spread Multiplier; Index Maturity The “Spread” is the number of basis points (one one-hundredth of a percentage point) specified on the face hereof to be added to or subtracted from the related Interest Rate Basis or Interest Rate Bases applicable to this Note. The “Spread Multiplier” is the percentage specified on the face hereof of the related Interest Rate Basis or Interest Rate Bases applicable to this Note by which the Interest Rate Basis or Interest Rate Bases will be multiplied to determine the applicable interest rate. The “Index Maturity” is the period to maturity of the instrument or obligation with respect to which the related Interest Rate Basis or Interest Rate Bases will be calculated.

  • Maturities Each Note will mature on a date nine months or more from its Original Issue Date (the "Stated Maturity Date") selected by the investor or other purchaser and agreed to by the Company.

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Maturity As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the Maturity Date thereof.

  • Linear Interpolation Where Linear Interpolation is specified as applicable in respect of an Interest Period in the applicable Final Terms, the Rate of Interest for such Interest Period shall be calculated by the Agent by straight line linear interpolation by reference to two rates based on the relevant Reference Rate (where Screen Rate Determination is specified as applicable in the applicable Final Terms) or the relevant Floating Rate Option (where ISDA Determination is specified as applicable in the applicable Final Terms), one of which shall be determined as if the Designated Maturity were the period of time for which rates are available next shorter than the length of the relevant Interest Period and the other of which shall be determined as if the Designated Maturity were the period of time for which rates are available next longer than the length of the relevant Interest Period provided however that if there is no rate available for a period of time next shorter or, as the case may be, next longer, then the Agent shall determine such rate at such time and by reference to such sources as it determines appropriate.

  • Discharge Prior to Maturity The Indenture shall be discharged and canceled upon the payment of all of the Securities and shall be discharged except for certain obligations upon the irrevocable deposit with the Trustee of funds or U.S. Government Obligations sufficient for such payment.

  • Average Log Length and Payment Reduction If the average log length for all logs delivered under this contract is less than the average log length specified in the table in clause G-024.2, The amount of allowable payment reduction shall be calculated by multiplying the payment rate in P-028.2 by the total volume delivered, and the difference between the average length of logs delivered and the average log length specified in G-024.2, times 1% as follows: Log Length Payment Reduction = (B x V x L) x (.01) 1/10th) Where: B = Bid rate from P-028.2 clause V = total delivered log Volume L = Length in feet below specified average (rounded to nearest Average log length payment reductions calculated by the Purchaser must be approved by the State, prior to payment for the final billing period. Third-party scaling organization information is required to determine Xxxxxxxx mbf and Average log length for payment reduction purposes. Average log length is determined on a piece count basis. Value of log length price reduction will be derived from the applicable sort value as described in this contract. Scale information for determining Average log length for payment reduction eligibility must be obtained from roll-out scale. Truck-ramp, sample scaling, and/or bundle scaling information is not acceptable for determining eligibility. Purchaser’s exclusive remedy for below average log lengths shall be the payment reduction described in this clause, notwithstanding other provisions in the Uniform Commercial Code.

  • Treasury Rate Notes If the Interest Rate Basis is the Treasury Rate, this Note shall be deemed a “Treasury Rate Note.” Unless otherwise specified on the face hereof, “Treasury Rate” means: (1) the rate from the auction held on the Interest Determination Date (the “Auction”) of direct obligations of the United States (“Treasury Bills”) having the Index Maturity specified on the face hereof under

  • Original Terms to Maturity The original term to maturity of substantially all of the Mortgage Loans included in the Mortgage Pool shall be between 20 and 30 years.

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