Weighted Average Original Term definition

Weighted Average Original Term means the original term to maturity of all outstanding Eligible Receivables (excluding the Excluded Receivables) including in an Investment Pool from the Closing Date through such date of determination, weighted on the basis of the Outstanding Receivable Principal Balance as of the Cutoff Date stated in the related Borrowing Base Certificate.
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Weighted Average Original Term means at any time an amount equal to the weighted average (weighted solely based on the Outstanding Principal Balances of the Eligible Receivables at such time) of the original number of monthly payments owed in respect of the Pledged Receivables at such time.
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Weighted Average Original Term. 357 Weighted Average Stated Remaining Term: 356 Weighted Average Original LTV: 78.23 % Owner Occupied: 93.62 % Purchase: 18.47 % Full Doc: 56.55 Weighted Average Credit Score: 583
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Examples of Weighted Average Original Term in a sentence

  • Weighted Total Aggregate Average Original Contract Value Term --------------- ----------------- Initial Receivables $_____ _____ months Subsequent Receivables $_____ _____ months Total Receivables $_____ _____ months As noted above, the Weighted Average Original Term does not exceed 55.0 months as required by the Sale and Servicing Agreement.


More Definitions of Weighted Average Original Term

Weighted Average Original Term means, in respect of the Receivables Portfolio as at any Additional Collateral Determination Date, the average term of each Purchased Receivable at the time it was granted, weighted by the percentage of the Receivables Portfolio that each such Purchased Receivable represent;
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Weighted Average Original Term. 360 Weighted Average Stated Remaining Term: 357 Weighted Average Original LTV: 77.04 % Owner Occupied: 96.38 % Purchase: 17.32 % Full Doc: 46.19
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Weighted Average Original Term. 358.652 Weighted Average Original Amortized Term: 358.652 Weighted Average Stated Remaining Term: 357.829 Weighted Average Amortized Remaining Term: 357.790 Weighted Average Seasoning: 0.823 Weighted Average Original LTV-calc: 78.59 Weighted Average Current LTV-calc: 78.53 Weighted Average Combined Original LTV-excludes subordinate liens: 78.63 Weighted Average Combined Original LTV-includes subordinate liens: 79.10 Top 5 States: CA(27.5%),FL(12.8%),WA(5.1%),OH(3.9%),HI(3.7%)
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Weighted Average Original Term. 355 Minimum Original Term: 120 Maximum Original Term: 360 Standard Deviation Original Term: 45 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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Related to Weighted Average Original Term

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.

  • Weighted Average Spread means, as of any day, the number expressed as a percentage equal to (i) the Aggregate Funded Spread divided by (ii) the Aggregate Eligible Collateral Obligation Amount (excluding any interest that has been deferred and capitalized on any Deferrable Collateral Obligation).

  • Weighted Average Floating Spread means, as of any date of determination, the number, expressed as a percentage, obtained by summing the products obtained by multiplying, in the case of each Floating Rate Portfolio Investment included in the Borrowing Base, on an annualized basis, the Spread of such Floating Rate Portfolio Investments, by the outstanding principal balance of such Floating Rate Portfolio Investments as of such date and dividing such sum by the aggregate outstanding principal balance of all such Floating Rate Portfolio Investments and rounding the result up to the nearest 0.01%.

  • Maximum Weighted Average Life Test means a test that will be satisfied on any date of determination if the Weighted Average Life of the Collateral Loans as of such date is less than or equal to seven (7.0) years.