Gross Margin definition

Gross Margin. With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.
Gross Margin. As to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated on the Mortgage Loan Schedule which percentage is added to the related Index on each Interest Adjustment Date to determine (subject to rounding, the minimum and maximum Mortgage Interest Rate and the Periodic Rate Cap) the Mortgage Interest Rate until the next Interest Adjustment Date.
Gross Margin. With respect to each Adjustable Rate Mortgage Loan, the fixed percentage amount set forth in the related Mortgage Note to be added to the applicable Index to determine the Mortgage Rate.

Examples of Gross Margin in a sentence

  • Gross Margin Gross profit was $17.2 million in Q4 of FY18, yielding a gross margin of 8.1%.

  • In percentage terms, the year-over-year increase in Non-GAAP Gross Margin resulted from a higher mix of software and services, inclusive of AlsoEnergy, and higher hardware margins.Second quarter 2022 Net Loss attributable to Stem was $32 million versus second quarter 2021 Net Loss of $100 million.

  • Gross Margin increased to 86% up from 73.8% for the year ended December 31, 2000 over December 31, 1999's Gross Margin of 44.94%.

  • Second quarter 2022 GAAP Gross Margin was $8 million, or 12%, versus $(127) thousand, or (1)% in the second quarter of 2021.

  • Second quarter 2021 Non-GAAP Gross Margin has been recalculated consistent with this treatment to allow for comparability between reporting periods.


More Definitions of Gross Margin

Gross Margin. The percentage set forth in the related Mortgage Note for each of the Adjustable Rate Mortgage Loans which is to be added to the applicable index for use in determining the Mortgage Rate on each Adjustment Date, and which is set forth in the Mortgage Loan Schedule for each Adjustable Rate Mortgage Loan.
Gross Margin. With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated on the Mortgage Loan Schedule attached hereto as the "NOTE MARGIN," which percentage is added to the related Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date. Index: With respect to any Mortgage Loan and as to any Adjustment Date therefor, the related index as stated in the related Mortgage Note. Initial Subordinate Class Percentage: Not applicable.
Gross Margin. With respect to each ARM Loan, the fixed percentage specified in the related Mortgage Note that is added to the applicable Index on each Interest Adjustment Date to determine the new Mortgage Interest Rate for such ARM Loan.