Average Remaining Maturity definition

Average Remaining Maturity means, for any day, the result of (i) the sum of, for each Eligible Receivable then in the Receivables Pool, (a) the Remaining Maturity times (b) the Net Outstanding Balance, divided by (ii) the sum of the Net Outstanding Balances of all Eligible Receivables then in the Receivables Pool.
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Examples of Average Remaining Maturity in a sentence

  • Portfolio Information (i) Weighted Average Coupon (WAC) 19.71% 19.70% (ii) Weighted Average Remaining Maturity (WAM) 28.05 months 27.12 months (iii) Remaining Number of Contracts 1,829 1,749 3 CS FIRST BOSTON Exhibit 20 Page 3 Key Bank USA, N.A. Automotive Specialty Finance MONTHLY SERVICING REPORT -- AFG Receivables Trust, 1996-B July 1, 1998 through July 31, 1998 V.

  • Receivables Default Information Principal Recoveries of Defaulted Receivable $ 186,467.75 Principal Balance of Defaulted Receivable $ 507,917.62 Average Pool Balance for Collection Period $ 871,446,165.82 Net Loss Ratio (period) 0.04% Net Loss Ratio (cumulative) 0.37% Weighted Average Coupon 6.30% Weighted Average Remaining Maturity 51.45 $846,095,985.12 USAA Auto Owner Trust 2006-1, Class A $39,517,324.39 USAA Auto Owner Trust 2006-1, Class B MONTHLY SERVICER REPORT XIV.

  • End of Period Portfolio Information (i) Weighted Average Coupon (WAC) 14.45% (ii) Weighted Average Remaining Maturity (WAM) 81.34 months (iii) Remaining Number of Contracts 6,584 Information Security Classification: Public SECURITY PACIFIC FINANCIAL SERVICES INC.

  • Receivables Default Information Principal Recoveries of Defaulted Receivable $ 75,389.26 Principal Balance of Defaulted Receivable $ 345,697.26 Average Pool Balance for Collection Period $793,793,993.29 Net Loss Ratio (period) 0.03% Net Loss Ratio (cumulative) 0.17% Weighted Average Coupon 5.14% Weighted Average Remaining Maturity 49.38 $1,030,177,000 Auto Owner Trust 2005-1, Class A $31,861,598 Auto Owner Trust 2005-1, Class B MONTHLY SERVICER REPORT X.

  • Receivables Default Information Principal Recoveries of Defaulted Receivable $ -- Principal Balance of Defaulted Receivable $ 16,215.46 Average Pool Balance for Collection Period $826,224,980.53 Net Loss Ratio (period) 0.00% Net Loss Ratio (cumulative) 0.00% Weighted Average Coupon 5.44% Weighted Average Remaining Maturity 56.80 $836,469,000 Auto Owner Trust 2005-2, Class A $26,760,233 Auto Owner Trust 2005-2, Class B MONTHLY SERVICER REPORT X.

  • Portfolio Information (i) Weighted Average Coupon (WAC) 19.74% 19.72% (ii) Weighted Average Remaining Maturity (WAM) 36.95 months 36.07 months (iii) Remaining Number of Contracts 3,661 3,554 3 CS FIRST BOSTON Exhibit 20 Page 3 Key Bank USA, N.A. Automotive Specialty Finance MONTHLY SERVICING REPORT -- AFG Receivables Trust, 1996-D May 1, 1998 through May 31, 1998 V.

  • End of Period Portfolio Information (i) Weighted Average Coupon (WAC) 14.56% (ii) Weighted Average Remaining Maturity (WAM) 73.05 months (iii) Remaining Number of Contracts 4,690 Information Security Classification: Public SECURITY PACIFIC FINANCIAL SERVICES INC.

  • Portfolio Information (i) Weighted Average Coupon (WAC) 19.71% 19.70% (ii) Weighted Average Remaining Maturity (WAM) 13.30 months 12.31 months (iii) Remaining Number of Contracts 1,932 1,837 3 CS FIRST BOSTON Exhibit 20 Page 3 Key Bank USA, N.A. Automotive Specialty Finance MONTHLY SERVICING REPORT -- AFG Receivables Trust, 1995-A March 1, 1999 through March 31, 1999 V.

  • Receivables Default Information Principal Recoveries of Defaulted Receivable $ 77,320.89 Principal Balance of Defaulted Receivable $ 218,258.52 Average Pool Balance for Collection Period $ 822,729,081.03 Net Loss Ratio (period) 0.02% Net Loss Ratio (cumulative) 0.13% Weighted Average Coupon 5.14% Weighted Average Remaining Maturity 50.30 $ 1,030,177,000 Auto Owner Trust 2005-1, Class A $ 31,861,598 Auto Owner Trust 2005-1, Class B MONTHLY SERVICER REPORT X.

  • Receivables Default Information Principal Recoveries of Defaulted Receivable $ 147,053.50 Principal Balance of Defaulted Receivable $ 368,404.15 Average Pool Balance for Collection Period $ 951,948,044.19 Net Loss Ratio (period) 0.02% Net Loss Ratio (cumulative) 0.06% Weighted Average Coupon 5.15% Weighted Average Remaining Maturity 54.16 $1,030,177,000 Auto Owner Trust 2005-1, Class A $31,861,598 Auto Owner Trust 2005-1, Class B MONTHLY SERVICER REPORT X.

Related to Average Remaining Maturity

  • Maximum Maturity means an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years);

  • Final Maturity has the meaning specified in Section 308.

  • Latest Maturity Date means, as of any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Term Loan or Term Commitment.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Final Maturity Date means March 31, 2022.

  • Weighted Average Life to Maturity means, when applied to any Indebtedness at any date, the number of years obtained by dividing (i) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment, by (ii) the then outstanding principal amount of such Indebtedness.

  • Remaining Weighted Average Life of an Equipment Note, at the redemption date of such Equipment Note, means the number of days equal to the quotient obtained by dividing: (i) the sum of the products obtained by multiplying (A) the amount of each then remaining installment of principal, including the payment due on the maturity date of such Equipment Note, by (B) the number of days from and including the redemption date to but excluding the scheduled Payment Date of such principal installment by (ii) the then unpaid principal amount of such Equipment Note.

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Postponed Maturity Date means the tenth Business Day following the originally scheduled Maturity Date;

  • Class C Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Designated CMT Maturity Index means the original period to maturity of the United States Treasury securities (either 1, 2, 3, 5, 7, 10, 20 or 30 years) specified on the face hereof with respect to which the CMT Rate will be calculated. If no such maturity is specified on the face hereof, the Designated CMT Maturity Index shall be 2 years.

  • Term Maturity Date means December 30, 2021 (or, with respect to any Term Lender that has extended the maturity date of its Term Loans pursuant to Section 2.19(b), the extended maturity date set forth in the Extension Notice delivered by the Borrower and such Term Lender to the Administrative Agent pursuant to Section 2.19(b)).

  • Applicable Maturity Date means (a) with respect to the Revolving Loans, the Swing Line Loans and Letters of Credit, the Revolving Loan Maturity Date and (b) with respect to the Term Loan, the Term Loan Maturity Date.

  • Average Life to Stated Maturity means, as of the date of determination with respect to any Indebtedness, the quotient obtained by dividing (i) the sum of the products of (a) the number of years from the date of determination to the date or dates of each successive scheduled principal payment of such Indebtedness multiplied by (b) the amount of each such principal payment; by (ii) the sum of all such principal payments.

  • Scheduled Maturity Date means June 30, 2032.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Restructuring Maturity Limitation Date means, with respect to a Valuation Obligation, the Limitation Date occurring on or immediately following the Credit Observation End Date. Notwithstanding the foregoing, if the final maturity date of the Restructured Bond or Loan with the latest final maturity date of any Restructured Bond or Loan occurs prior to the 2.5-year Limitation Date (such Restructured Bond or Loan, a "Latest Maturity Restructured Bond or Loan") and the Credit Observation End Date occurs prior to the final maturity date of such Latest Maturity Restructured Bond or Loan, then the Restructuring Maturity Limitation Date will be the final maturity date of such Latest Maturity Restructured Bond or Loan.

  • Equipment Maturity Date is defined in Section 2.1.1.

  • Legal Maturity Date means July 15, 2024.

  • Class A-2 Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).