Maximum Yield Supplement Amount definition

Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of: 0.25%) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of 2.5%) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

Maximum Yield Supplement Amount for each Receivable means an amount equal to the difference (if positive) between (a) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to the Initial Cutoff Date APR or the Subsequent Cutoff Date APR, as applicable, minus (b) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to its individual APR.

Examples of Maximum Yield Supplement Amount in a sentence

• Medicaid is an entitlement program, which means the federal government does not,and a state cannot, limit the number of eligible people who can enroll, and Medicaid must pay for any services covered under the program.

• The amount initially deposited in the Yield Supplement Account by the Seller together with the aggregate amount transferred from the Pre-Funding Account to the Yield Supplement Account on each Subsequent Transfer Date is referred to as the "Yield Supplement Account Initial Deposit." The "Required Yield Supplement Amount" for a Receivable shall be equal to 8.0% of the Maximum Yield Supplement Amount for such Receivable.

• This is a significant stunting of the educational process and of a practitioner’s ability to learn this ancient medicine.

• If the amount on deposit in the Yield Supplement Account on any Payment Date (after giving effect to any deposit thereto and the withdrawal therefrom of the Maximum Yield Supplement Amount for such Payment Date) is greater than the Required Yield Supplement Account Balance, the excess will be released to the Seller.

• The "Maximum Yield Supplement Amount" for each Receivable is equal to the difference (if positive) between (A) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to the Initial Cutoff Date APR or the Subsequent Cutoff Date APR, as applicable, minus (B) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to its individual APR.

More Definitions of Maximum Yield Supplement Amount

Maximum Yield Supplement Amount for a Receivable means an amount equal to the difference (if positive) between (a) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to its individual APR minus (b) the present value of the scheduled and unpaid payments on the Receivable discounted monthly at an annual rate equal to the sum of (i) the weighted average interest rate on the Notes, plus (ii) the Servicing Fee Rate.

Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of: 1.25% with respect to all Collection Periods through and including January 2004, and 2.50% with respect to all Collection Periods thereafter) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

Maximum Yield Supplement Amount for any Distribution Date will equal the aggregate amount, as of the last day of the related Collection Period, by which interest on the Principal Balance of each Discount Receivable (other than any such Receivable that is a Defaulted Receivable) for the remaining term of such Receivable (assuming no prepayments or delinquencies) at the Required Rate exceeds interest on such Principal Balance at the APR of each such Receivable; provided that such amount may be discounted at a rate to be specified in the Agreement.

Maximum Yield Supplement Amount for any Distribution Date will equal the net present value (discounted at the Discount Rate) of the aggregate amount, as of the last day of the related Collection Period, by which interest on the Principal Balance of each Discount Receivable (other than any such Receivable that is a Defaulted Receivable) for the remaining term of such Receivable (assuming no prepayments or delinquencies) at the Required Rate exceeds interest on such Principal Balance at the APR of each such Receivable; provided that, each Yield Supplement Deposit Amount that would result from such aggregate amount and such assumptions shall be discounted from the Distribution Date on which such amount would be required to be withdrawn to the current Distribution Date.

Maximum Yield Supplement Amount has the meaning assigned thereto in SECTION 5.06.

Maximum Yield Supplement Amount for any Distribution Date is an amount equal to the net present value (discounted monthly at a rate of 2.50% per annum) of the aggregate amount, as of the last day of the related Collection Period, by which interest on the Principal Balance of each Discount Receivable (other than any such Receivable that is a Defaulted Receivable) for the remaining term of such Receivable (assuming no prepayments or delinquencies) at the Required Rate exceeds interest on such Principal Balance at the APR for each such Receivable.

Maximum Yield Supplement Amount means the aggregate for all Contracts of the maximum Yield Supplement Amount that may become owing with respect to each Contract assuming that payments on such Contract are made as scheduled and no prepayments are made.