{"component": "definition", "props": {"groups": [{"samples": [{"hash": "3RB1LJ8s1kt", "uri": "/contracts/3RB1LJ8s1kt#wal", "label": "Credit Support Annex", "score": 36.4237889753, "published": true}, {"hash": "7LvaQjHwcvM", "uri": "/contracts/7LvaQjHwcvM#wal", "label": "Credit Support Annex", "score": 35.658158306, "published": true}, {"hash": "fQ1W45eJ9me", "uri": "/contracts/fQ1W45eJ9me#wal", "label": "Credit Support Annex", "score": 35.5422082712, "published": true}], "snippet_links": [{"key": "weighted-average-life", "type": "definition", "offset": [10, 31]}, {"key": "the-transaction", "type": "clause", "offset": [35, 50]}, {"key": "fitch-criteria", "type": "definition", "offset": [128, 142]}], "size": 54, "snippet": "means the weighted average life of the Transaction determined in the manner described in \"Volatility Cushions\" appearing in the Fitch Criteria;", "hash": "1008d5f8b8526e7a1214add8fcae3d7b", "id": 1}, {"samples": [{"hash": "4rWXOoZPv6d", "uri": "/contracts/4rWXOoZPv6d#wal", "label": "Isda Master Agreement", "score": 29.6301362945, "published": true}, {"hash": "9wjHg6LFSEy", "uri": "/contracts/9wjHg6LFSEy#wal", "label": "Currency Swap", "score": 22.1663244353, "published": true}, {"hash": "8fgB5veR511", "uri": "/contracts/8fgB5veR511#wal", "label": "Isda Master Agreement", "score": 21.4093086927, "published": true}], "snippet_links": [{"key": "weighted-average-life", "type": "definition", "offset": [10, 31]}, {"key": "basis-of", "type": "clause", "offset": [116, 124]}, {"key": "constant-prepayment-rate", "type": "definition", "offset": [131, 155]}, {"key": "equal-to", "type": "definition", "offset": [162, 170]}, {"key": "lesser-of", "type": "definition", "offset": [175, 184]}, {"key": "the-trust", "type": "clause", "offset": [223, 232]}, {"key": "scheduled-amortisation", "type": "definition", "offset": [238, 260]}, {"key": "the-loans", "type": "clause", "offset": [264, 273]}, {"key": "exercise-of-the-call-option", "type": "clause", "offset": [304, 331]}, {"key": "relevant-notes", "type": "definition", "offset": [348, 362]}], "size": 16, "snippet": "means the weighted average life of the derivative (in years, rounded upwards to the next integer) determined on the basis of (1) a constant prepayment rate (CPR) equal to the lesser of (i) 5% and (ii) the annualised CPR on the trust plus scheduled amortisation of the loans (2) zero defaults and (3) non-exercise of the call option attached to the Relevant Notes; and", "hash": "c5357a3384bb1343c3c1a6ade8886d46", "id": 2}, {"samples": [{"hash": "bu5dESdu778", "uri": "/contracts/bu5dESdu778#wal", "label": "Administration Agreement", "score": 31.340862423, "published": true}, {"hash": "l9GNULwPEuO", "uri": "/contracts/l9GNULwPEuO#wal", "label": "Nuclear Asset Recovery Property Purchase and Sale Agreement (Duke Energy Florida, Llc.)", "score": 27.4722792608, "published": true}, {"hash": "hz2wVIj44e7", "uri": "/contracts/hz2wVIj44e7#wal", "label": "Nuclear Asset Recovery Property Servicing Agreement (Duke Energy Florida, Llc.)", "score": 27.4722792608, "published": true}], "snippet_links": [{"key": "bonds-of-a-series", "type": "definition", "offset": [57, 74]}, {"key": "sinking-fund", "type": "clause", "offset": [93, 105]}, {"key": "interest-rate", "type": "definition", "offset": [116, 129]}, {"key": "as-specified", "type": "clause", "offset": [156, 168]}, {"key": "the-series-supplement", "type": "definition", "offset": [172, 193]}], "size": 15, "snippet": "means any one of the groupings of Nuclear Asset-Recovery Bonds of a Series differentiated by sinking fund schedule, interest rate or sinking fund schedule, as specified in the Series Supplement.", "hash": "6253db7161c1f3f637d53c488a36f7bd", "id": 3}, {"samples": [{"hash": "8fgB5veR511", "uri": "/contracts/8fgB5veR511#wal", "label": "Isda Master Agreement", "score": 21.4093086927, "published": true}, {"hash": "knOAl84qio7", "uri": "/contracts/knOAl84qio7#wal", "label": "Isda Master Agreement", "score": 21.3324429881, "published": true}, {"hash": "jSRHAFAEE2j", "uri": "/contracts/jSRHAFAEE2j#wal", "label": "Rate Swap", "score": 20.8165639973, "published": true}], "snippet_links": [{"key": "in-relation-to", "type": "clause", "offset": [7, 21]}, {"key": "sp-criteria", "type": "definition", "offset": [26, 38]}, {"key": "weighted-average-life", "type": "definition", "offset": [44, 65]}, {"key": "basis-of", "type": "clause", "offset": [132, 140]}, {"key": "rate-of", "type": "clause", "offset": [154, 161]}, {"key": "loan-prepayment", "type": "clause", "offset": [190, 205]}, {"key": "as-indicated", "type": "definition", "offset": [211, 223]}, {"key": "relevant-criteria", "type": "definition", "offset": [231, 248]}, {"key": "option-1", "type": "definition", "offset": [320, 328]}, {"key": "option-2", "type": "definition", "offset": [329, 337]}], "size": 6, "snippet": "means, in relation to the S&P Criteria, the weighted average life (in years, rounded upwards to the next integer) determined on the basis of a prepayment rate of 0.0% or such other stressed loan prepayment rate as indicated in the relevant criteria for the hedged asset or liability. Remaining swap tenor to WAL (years) Option 1 Option 2 Tenor < 3 5.0 3.0 3 < Tenor < 5 8.0 4.0 5 < Tenor < 10 9.0 4.5 10 < Tenor < 15 11.0 5.0 Tenor >15 13.0 5.5 (C) Fitch", "hash": "e376a093db6181104e1eaa829b45a003", "id": 4}, {"samples": [{"hash": "2fo3176S71k", "uri": "/contracts/2fo3176S71k#wal", "label": "Loan Contract", "score": 26.0974282205, "published": true}, {"hash": "6TmcdcsELqY", "uri": "/contracts/6TmcdcsELqY#wal", "label": "Letter of Agreement for an Individual Operation Within the Line of Credit", "score": 22.1943874059, "published": true}], "snippet_links": [{"key": "weighted-average-life", "type": "definition", "offset": [10, 31]}, {"key": "original-wal", "type": "definition", "offset": [45, 57]}, {"key": "resulting-from", "type": "definition", "offset": [87, 101]}, {"key": "modification-of-the-amortization-schedule", "type": "clause", "offset": [104, 145]}, {"key": "decimal-places", "type": "clause", "offset": [228, 242]}, {"key": "based-on", "type": "clause", "offset": [244, 252]}, {"key": "schedule-of", "type": "definition", "offset": [270, 281]}, {"key": "all-tranches", "type": "clause", "offset": [282, 294]}, {"key": "the-loan", "type": "clause", "offset": [298, 306]}, {"key": "the-division", "type": "definition", "offset": [325, 337]}, {"key": "sum-of", "type": "clause", "offset": [378, 384]}, {"key": "the-products", "type": "clause", "offset": [385, 397]}, {"key": "number-of-days", "type": "definition", "offset": [497, 511]}, {"key": "amortization-payment-date", "type": "definition", "offset": [524, 549]}, {"key": "this-contract", "type": "clause", "offset": [576, 589]}, {"key": "divided-by", "type": "clause", "offset": [591, 601]}, {"key": "amortization-payments", "type": "definition", "offset": [628, 649]}, {"key": "the-applicable", "type": "clause", "offset": [651, 665]}, {"key": "amortization-amount", "type": "definition", "offset": [764, 783]}, {"key": "referring-to", "type": "definition", "offset": [784, 796]}, {"key": "tranche-j", "type": "definition", "offset": [810, 819]}, {"key": "dollar-equivalent", "type": "definition", "offset": [835, 852]}, {"key": "the-exchange-rate", "type": "clause", "offset": [856, 873]}, {"key": "the-calculation-agent", "type": "clause", "offset": [888, 909]}, {"key": "the-payment", "type": "clause", "offset": [979, 990]}, {"key": "date-of-signature", "type": "clause", "offset": [1059, 1076]}], "size": 4, "snippet": "means the weighted average life, whether the Original WAL or the weighted average life resulting from a modification of the Amortization Schedule, as a result of a Conversion or otherwise. The WAL is calculated in years (to two decimal places) based on the Amortization Schedule of all tranches of the Loan and is defined as the division of (i) by (ii) below, where:\n(i) is the sum of the products of (A) and (B), defined as:\n(A) the amount of each amortization payment;\n(B) the difference in the number of days between the amortization payment date and the execution date of this Contract, divided by 365 days;\n(ii) the sum of amortization payments. The applicable formula is the following: m n \uf8eb PDi, j \u2212 ED \uf8f6 \u2211\u2211 A \u00d7\uf8ec \uf8f7 j =1 i =1 i , j \uf8ec 365 \uf8f7 = \uf8ed \uf8f8 Ai,j is the amortization amount referring to payment i of tranche j, calculated in Dollar equivalent at the exchange rate determined by the Calculation Agent, for the date of modification of the Amortization Schedule. PDi,j is the payment date referring to payment i of tranche j. ED is the execution date (date of signature) of this Contract.", "hash": "69dcd7a5b0e653d2c300d3ae1da9bf30", "id": 5}, {"samples": [{"hash": "langJVuQGvw", "uri": "/contracts/langJVuQGvw#wal", "label": "Loan Contract", "score": 30.433988134, "published": true}], "snippet_links": [{"key": "weighted-average-life", "type": "definition", "offset": [10, 31]}, {"key": "original-wal", "type": "definition", "offset": [45, 57]}, {"key": "resulting-from", "type": "definition", "offset": [87, 101]}, {"key": "modification-of-the-amortization-schedule", "type": "clause", "offset": [104, 145]}, {"key": "decimal-places", "type": "clause", "offset": [228, 242]}, {"key": "based-on", "type": "clause", "offset": [245, 253]}, {"key": "schedule-of", "type": "definition", "offset": [271, 282]}, {"key": "all-tranches", "type": "clause", "offset": [283, 295]}, {"key": "the-loan", "type": "clause", "offset": [299, 307]}, {"key": "the-division", "type": "definition", "offset": [326, 338]}, {"key": "sum-of", "type": "clause", "offset": [379, 385]}, {"key": "the-products", "type": "clause", "offset": [386, 398]}, {"key": "number-of-days", "type": "definition", "offset": [498, 512]}, {"key": "amortization-payment-date", "type": "definition", "offset": [525, 550]}, {"key": "this-contract", "type": "clause", "offset": [577, 590]}, {"key": "divided-by", "type": "clause", "offset": [592, 602]}, {"key": "amortization-payments", "type": "definition", "offset": [629, 650]}, {"key": "amortization-amount", "type": "definition", "offset": [723, 742]}, {"key": "referring-to", "type": "definition", "offset": [743, 755]}, {"key": "tranche-j", "type": "definition", "offset": [769, 778]}, {"key": "in-the-case", "type": "clause", "offset": [806, 817]}, {"key": "dollar-equivalent", "type": "definition", "offset": [838, 855]}, {"key": "the-exchange-rate", "type": "clause", "offset": [860, 877]}, {"key": "the-calculation-agent", "type": "clause", "offset": [892, 913]}, {"key": "the-payment", "type": "clause", "offset": [983, 994]}, {"key": "signature-of", "type": "definition", "offset": [1055, 1067]}, {"key": "the-date-of-the-calculation", "type": "definition", "offset": [1192, 1219]}], "size": 4, "snippet": "means the weighted average life, whether the Original WAL or the weighted average life resulting from a modification of the Amortization Schedule, as a result of a Conversion or otherwise. The WAL is calculated in years (to two decimal places), based on the Amortization Schedule of all tranches of the Loan and is defined as the division of (i) by (ii) below, where:\n(i) is the sum of the products of (A) and (B), defined as:\n(A) the amount of each amortization payment;\n(B) the difference in the number of days between the amortization payment date and the execution date of this Contract, divided by 365 days;\n(ii) the sum of amortization payments. m n \u239b PDi, j \u2212 ED \u239e \u2211\u2211 A \u00d7\u239c \u239f j =1 i =1 i, j \u239c 365 \u239f = \u239d \u23a0 Ai,j is the amortization amount referring to payment i of tranche j, calculated in Dollars, or in the case of a Conversion, in Dollar equivalent, at the exchange rate determined by the Calculation Agent, for the date of modification of the Amortization Schedule. PDi,j is the payment date referring to payment i of tranche j. ED is the date of signature of this Contract. TA is the sum of all Aij, calculated in Dollars, or in the case of a Conversion, in Dollar equivalent, as of the date of the calculation at the exchange rate determined by the Calculation Agent. CHAPTER III\u200c", "hash": "b63c4af772ade744b14787ef820daa09", "id": 6}, {"samples": [{"hash": "cwyBufPFfi4", "uri": "/contracts/cwyBufPFfi4#wal", "label": "Merger Agreement (Western Alliance Bancorporation)", "score": 26.1937029432, "published": true}, {"hash": "f6BAEwCIcz6", "uri": "/contracts/f6BAEwCIcz6#wal", "label": "Merger Agreement (Western Liberty Bancorp)", "score": 23.6392881588, "published": true}, {"hash": "3K7w5cfaUk7", "uri": "/contracts/3K7w5cfaUk7#wal", "label": "Merger Agreement (Western Alliance Bancorporation)", "score": 23.6392881588, "published": true}], "snippet_links": [{"key": "the-preamble", "type": "clause", "offset": [29, 41]}], "size": 3, "snippet": "has the meaning set forth in the preamble hereto.", "hash": "8bccce1d0361cba936f9f507ba47a5ce", "id": 7}, {"samples": [{"hash": "hRTpRX1uHor", "uri": "/contracts/hRTpRX1uHor#wal", "label": "Isda Master Agreement", "score": 22.0058948368, "published": true}, {"hash": "fBnd8M4GYN1", "uri": "/contracts/fBnd8M4GYN1#wal", "label": "Isda Master Agreement", "score": 22.0058948368, "published": true}, {"hash": "b8XTLRHC2T0", "uri": "/contracts/b8XTLRHC2T0#wal", "label": "Isda Master Agreement", "score": 22.0058948368, "published": true}], "snippet_links": [{"key": "weighted-average-life", "type": "definition", "offset": [10, 31]}, {"key": "the-loans", "type": "clause", "offset": [44, 53]}, {"key": "the-portfolio", "type": "clause", "offset": [57, 70]}, {"key": "prepayment-rate", "type": "definition", "offset": [130, 145]}, {"key": "default-rate", "type": "clause", "offset": [155, 167]}, {"key": "in-relation-to", "type": "clause", "offset": [168, 182]}], "size": 3, "snippet": "means the weighted average life in years of the Loans in the Portfolio, rounded upwards to the nearest whole year assuming a zero prepayment rate and zero default rate in relation to the Loans in the Portfolio.", "hash": "90608b3fb77e9d7d0e48b6a2cf021581", "id": 8}, {"samples": [{"hash": "hRTpRX1uHor", "uri": "/contracts/hRTpRX1uHor#wal", "label": "Isda Master Agreement", "score": 22.0058948368, "published": true}, {"hash": "fBnd8M4GYN1", "uri": "/contracts/fBnd8M4GYN1#wal", "label": "Isda Master Agreement", "score": 22.0058948368, "published": true}, {"hash": "b8XTLRHC2T0", "uri": "/contracts/b8XTLRHC2T0#wal", "label": "Isda Master Agreement", "score": 22.0058948368, "published": true}], "snippet_links": [{"key": "the-covered-bonds", "type": "clause", "offset": [60, 77]}, {"key": "sp-criteria", "type": "definition", "offset": [98, 110]}, {"key": "set-out", "type": "definition", "offset": [114, 121]}, {"key": "counterparty-risk", "type": "clause", "offset": [132, 149]}, {"key": "november-2012", "type": "clause", "offset": [207, 220]}], "size": 3, "snippet": "Volatility buffers applying on a downgrade of the rating of the Covered Bonds are detailed in the S&P Criteria as set out in S&P\u2019s \u201cCounterparty Risk Framework Methodology and Assumptions\u201d criteria dated 29 November 2012.", "hash": "d9f04aaea012b374e9c201171c954577", "id": 9}, {"samples": [{"hash": "jKhclWB551a", "uri": "https://www.virginmoneyukplc.com/downloads/pdf/credit-support-annex-fixed-tracker-18-1.pdf", "label": "www.virginmoneyukplc.com", "score": 7.3572895277, "published": false}, {"hash": "7YWD3ewXUys", "uri": "https://www.virginmoneyukplc.com/downloads/pdf/cred-support-annex-fix-tracker-2017-1.pdf", "label": "www.virginmoneyukplc.com", "score": 6.8658453114, "published": false}], "snippet_links": [{"key": "weighted-average-life", "type": "definition", "offset": [10, 31]}, {"key": "the-transaction", "type": "clause", "offset": [35, 50]}, {"key": "the-valuation-agent", "type": "clause", "offset": [116, 135]}, {"key": "based-on", "type": "clause", "offset": [136, 144]}, {"key": "prepayment-assumption", "type": "definition", "offset": [147, 168]}, {"key": "a-year", "type": "definition", "offset": [201, 207]}, {"key": "the-portfolio", "type": "clause", "offset": [214, 227]}, {"key": "prepayment-rate", "type": "definition", "offset": [237, 252]}, {"key": "the-counterparty", "type": "definition", "offset": [300, 316]}], "size": 3, "snippet": "means the weighted average life of the Transaction (in years, rounded upwards to the next integer) as determined by the Valuation Agent based on a prepayment assumption capped at the lowest of: (i) 5% a year, (ii) the portfolio-specific prepayment rate reported over the previous 6 months, and (iii) the counterparty\u2019s internal prepayment rate assumption. Alternatively, a zero prepayment assumption may be applied.", "hash": "8b3326b7be7484bc1f3692f52ed18dd0", "id": 10}], "next_curs": "ClASSmoVc35sYXdpbnNpZGVyY29udHJhY3RzciwLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIMd2FsIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "WAL", "size": 134, "snippet": "means the weighted average life of the Transaction determined in the manner described in \"Volatility Cushions\" appearing in the Fitch Criteria;", "id": "wal", "examples": ["The Original <strong>WAL</strong> of the Loan is fifteen point twenty-five (15.25) years.", "If the Bank accepts the Borrower\u2019s request, the Amortization Schedule Modification Notification Letter will include: (i) the new Amortization Schedule for the Loan or Loan Tranche; (ii) the cumulative <strong>WAL</strong> of the Loan; and (iii) the effective date of the new Amortization Schedule.", "Such counsel shall be entitled to rely upon representation letters from each of <strong>WAL</strong>, Target and others, in each case, in form and substance reasonably satisfactory to such counsel.", "Such counsel shall be entitled to rely upon representation letters from each of Target, <strong>WAL</strong> and others, in each case, in form and substance reasonably satisfactory to such counsel.", "Accordingly, the parties agree that <strong>WAL</strong> shall be entitled to injunctive relief against Stockholder in the event of any breach or threatened breach of any of such covenants, in addition to any other relief (including money damages) available to <strong>WAL</strong> under this Agreement or under law.", "It is the understanding of the parties that the scope of the covenants contained herein, including as to duration, geographic area and activities covered, are necessary to protect the reasonable expectations and legitimate economic interests of <strong>WAL</strong>.", "<strong>WAL</strong> shall have received a written opinion from \u2587\u2587\u2587\u2587\u2587 Lovells US LLP, counsel to <strong>WAL</strong>, dated as of the Closing Date, to the effect that the Merger will qualify as a reorganization under Section 368(a) of the Code.", "Each party will advise the other party, promptly after it receives notice thereof, of the time when the Registration Statement has become effective, the issuance of any stop order, the suspension of the qualification of the <strong>WAL</strong> Common Stock issuable in connection with the Merger for offering or sale in any jurisdiction, or any request by the SEC for amendment of the Registration Statement.", "<strong>WAL</strong> has, or will have available to it at the Effective Time, immediately available cash in amounts sufficient to pay the aggregate Cash Consideration and to pay any other amounts payable pursuant to this Agreement and to effect the transactions contemplated hereby.", "<strong>WAL</strong> has the corporate power and authority to own or lease all of its properties and assets and to carry on its business as it is now being conducted, and is duly licensed or qualified to do business in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties or assets owned or leased by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified would not have a Material Adverse Effect on <strong>WAL</strong>."], "related": [["brands", "Brands", "Brands"], ["apple", "Apple", "Apple"], ["retail-store", "Retail Store", "Retail Store"], ["depot", "Depot", "Depot"], ["retailer", "Retailer", "Retailer"]], "related_snippets": [], "updated": "2025-07-06T21:58:29+00:00"}, "json": true, "cursor": ""}}