Statistical Contract Value definition

Statistical Contract Value of a Receivable means the current balance of the Receivable on the Servicer’s records.
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Statistical Contract Value of a Receivable means either (i) the sum of the present value of the scheduled and unpaid payments on the Receivable, discounted monthly at an annual rate equal to its APR (instead of the weighted average APR of the Initial Receivables), plus any amount of past due payments, or (ii) the current balance of the Receivable on the Servicer's records, depending upon the type of Receivable.
Sample 1Sample 2Sample 3
Statistical Contract Value of a Receivable means either (i) the sum of the present value of the scheduled and unpaid payments on the Receivable, discounted monthly at an annual rate equal to its APR (instead of the weighted average APR of the Initial Receivables), plus any amount of past due payments, or (ii) the current balance of the Receivable on the Servicer’s records, depending upon the type of Receivable.
Sample 1

Examples of Statistical Contract Value in a sentence

  • No Receivable has a Statistical Contract Value (when combined with the Statistical Contract Value of any other Receivable with the same or an Affiliated Obligor) that exceeds 1% of the aggregate Statistical Contract Value of all the Receivables.

  • Receivables that are considered “delinquent” (as defined in Item 1101(d) of Regulation AB) constitute less than 20% of the aggregate Statistical Contract Value of all of the Trust’s Receivables as of the Cutoff Date.

Related to Statistical Contract Value

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

  • Average Contract Value means the higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Balance billing means charging or collecting an amount in excess of the Medicaid, Medicare, or contracted reimbursement rate for services covered under a Medicaid, Medicare or employer sponsored beneficiary’s plan. “Balance Billing” does not include charging or collecting deductibles or copayments and coinsurance required by the beneficiary’s plan.

  • Metropolitan statistical area means any of the metropolitan statistical areas as defined from time to time by the United States Office of Management and Budget.

  • Statistical Release means the statistical release designated “H.15(519)” or any successor publication which is published weekly by the Federal Reserve and which reports yields on actively traded United States government securities adjusted to constant maturities or, if such statistical release is not published at the time of any determination under the Indenture, then such other reasonably comparable index which shall be designated by the Company.

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .

  • Monthly Average means the highest allowable average of “daily discharges” over a calendar month, calculated as the sum of all “daily discharges” measured during a calendar month divided by the number of “daily discharges” measured during that month. For Fecal Coliform Bacteria (FCB) or E-Coli, report the monthly average.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).