Examples of Excess Spread Percentage in a sentence
The 3-month rolling average Group Excess Spread Percentage and the Interchange Subgroup Excess Spread Percentage are the same beginning with the Distribution Date in October 2009.
The Series Excess Spread Percentage is equal to the Series Excess Spread, multiplied by twelve and divided by the Series Investor Interest for this Subseries as of the beginning of the related due period.
Excess Spread Triggers: For this Distribution Date For the preceding Distribution Date For the second preceding Distribution Date Three-month average for this Distribution Date $167,683,739.27 $170,212,351.03$180,516,423.03$162,436,890.78 14.07%14.60%13.13% $180,516,423.03$162,436,890.78 14.07%14.60%13.13% $167,683,739.27 14.48% 14.48% Group Excess Spread Percentage Group Excess Spread Excess Spread Percentage Excess Spread Amount (4) (5) (6) (7) $170,212,351.03 14.
Investors should refer only to the highest of the Group Excess Spread Percentage (Item 17(a)), the Interchange Subgroup Excess Spread Percentage (Item 17(c)) and the Series Excess Spread Percentage (Item 17(e)) in assessing the current performance of the Trust and the Receivables.
There are currently no series in the group other than the Series 2007-CC Collateral Certificate; therefore, the Group Excess Spread Percentage equals the (8) Coupon interest is the sum of the monthly interest deposited into the DiscoverSeries interest funding subaccounts and relating to the current interest accrual period.