Average Excess Spread Percentage means, on any Determination Date, the average (expressed as a per annum rate) of the Excess Spread Percentages for the three consecutive Monthly Periods preceding such date."
Average Excess Spread Percentage means, as of any Distribution Date, the average of the Excess Spread Percentages for the three consecutive Collection Periods preceding such Distribution Date.
Average Excess Spread Percentage means, for any Distribution Date, the percentage determined as follows:
Examples of Average Excess Spread Percentage in a sentence
Required Spread Account Percentage (a) Adjusted Portfolio Yield 9.74% (b) Three-Month Average Excess Spread Percentage 4.60% (c) Required Spread Account Percentage 8.25% 63.
Required Spread Account Percentage (a) Adjusted Portfolio Yield 10.38% (b) Three-Month Average Excess Spread Percentage 7.60% (c) Required Spread Account Percentage 7.25% 63.
We also experienced strong landfill volume growth primarily due to event-driven projects in our special waste business coupled with growth in our municipal solid waste business.
Required Spread Account Percentage (a) Adjusted Portfolio Yield 9.35% (b) Three-Month Average Excess Spread Percentage 7.38% (c) Required Spread Account Percentage 0.00% 58.
Required Spread Account Percentage (a) Adjusted Portfolio Yield 2.85% (b) Three-Month Average Excess Spread Percentage 2.83% (c) Required Spread Account Percentage 4.00% 58.
More Definitions of Average Excess Spread Percentage
Average Excess Spread Percentage means, for any Distribution -------------------------------- Date, the average of the Excess Spread Percentage for the three consecutive Monthly Periods preceding such Distribution Date; provided, however, that (i) for the August 2001 Distribution Date, the Average Excess Spread Percentage shall equal the Excess Spread Percentage for the July 2001 Monthly Period (and further provided that the Excess Spread Percentage for such Monthly Period shall be calculated by accruing Monthly Interest from the Closing Date through and including the last day of such Monthly Period); and (ii) for the September 2001 Distribution Date, the Average Excess Spread Percentage shall equal the average of the Excess Spread Percentages calculated for the July 2001 Monthly Period (as calculated pursuant to the preceding clause (i)) and for the August 2001 Monthly Period.
Average Excess Spread Percentage means, as of any Month End Date, the average of the Excess Spread Percentages as at such Month End Date and as at the two most recent Month End Dates prior to the Month End Date of calculation.
Average Excess Spread Percentage means, with respect to any Determination Date following a Settlement Period during which Advances were outstanding, the average of the Spread Percentages for such Determination Date and the two most recent Determination Dates following a Settlement Period during which Advances were outstanding (or such lesser number of such Settlement Periods as shall have occurred after the Closing Date).
Average Excess Spread Percentage means, for any Settlement Date, the average of the Portfolio Excess Spread Percentages for the two immediately preceding Due Periods.
Average Excess Spread Percentage. Base Reserve: ------------------------- ------------ <2.0% 6.0% >= 2.0% and < 3.0% 5.0% >= 3.0% and < 4.0% 4.0% >= 4.0% and < 5.0% 3.0% >= 5.0% and < 6.0% 2.0% >= 6.0% 0.0% ; provided that the Base Reserve for any Settlement Date may only be reduced to a percentage lower than the Base Reserve for the preceding Settlement Date if the Average Excess Spread Percentage has equaled or exceeded the percentage specified as the lower bound of the range of Average Excess Spread Rate Percentages specified for such lower Base Reserve for two consecutive Settlement Dates.
Average Excess Spread Percentage means, with respect to any -------------------------------- Distribution Date, the average of the Excess Spread Percentages for the three consecutive Due Periods preceding such Distribution Date.
Average Excess Spread Percentage means (a) with respect to the [Month 1] -------------------------------- 2001 Distribution Date, the Modified Excess Spread Percentage, (b) with respect to the [Month 2] 2001 Distribution Date, the percentage equivalent of a fraction the numerator of which is the sum of (i) the Modified Excess Spread Percentage and (ii) the Excess Spread Percentage with respect to the [Month 1] 2001 Monthly Period and the denominator of which is two, (c) with respect to the [Month 3] 2001 Distribution Date, the percentage equivalent of a fraction the numerator of which is the sum of (i) the Modified Excess Spread Percentage, (ii) the Excess Spread Percentage with respect to the [Month 1] 2001 Monthly Period and (iii) the Excess Spread Percentage with respect to the [Month 2] 2001 Monthly Period and the denominator of which is three and (d) with respect to the [Month 4] 2001 Distribution Date and each Distribution Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Spread Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.