Weighted Average Rate definition

Weighted Average Rate. The greater of the Annual Percentage Rate and the Discount Rate applied to each of the Additional Receivables or the Initial Receivables, as applicable, weighted on the basis of (i) the Principal Balance and (ii) the remaining term of each such Receivable, each as of the Applicable Cutoff Date.
Weighted Average Rate means, with respect to any date of determination, a per annum rate equal to (1) the sum of (a) the product of (x) the outstanding principal amount of the Class A-1 Notes on such date and (y) the Class A-1 Rate, plus (b) the product of (x) the outstanding principal amount of the Class A-2 Notes on such date and (y) the Class A-2 Rate, plus (c) the product of (x) the outstanding principal amount of the Class A-3 Notes on such date and (y) the Class A-3 Rate, plus (D) the product of (x) the outstanding principal amount of the Class A-4 Notes on such date and (y) the Class A-4 Rate, plus (e) the product of (x) the outstanding principal amount of the Class B Notes on such date and (y) the Class B Rate, divided by (2) the sum of the outstanding principal amount of the Notes on such date, plus Certificate Balance on such date; provided, that if the date of determination is a Payment Date, then the outstanding principal amount of any class of Notes shall be determined after giving effect to all payments made on such date.
Weighted Average Rate means the weighted average cost of borrowing by Operating LLC as in effect from time to time, as determined in good faith by the Board.

Examples of Weighted Average Rate in a sentence

  • The Petitioner has claimed the Weighted Average Rate of IoL based on its actual loan portfolio and rate of interest.

  • The IT equipment has been considered as part of the Gross Block and depreciated using Weighted Average Rate of Depreciation (WAROD).

  • The Gross Block during 2014-19 tariff period has been depreciated at Weighted Average Rate of Depreciation (WAROD).

  • The Gross Block during the 2014-19 tariff period has been depreciated at Weighted Average Rate of Depreciation (WAROD).

  • The Petitioner has claimed Weighted Average Rate of Interest (WAROI) on loan based on its actual loan portfolio and rate of interest.


More Definitions of Weighted Average Rate

Weighted Average Rate. With respect to any Distribution Date, the per annum variable rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the calendar month immediately preceding such Distribution Date.
Weighted Average Rate. As used herein, "Weighted Average Rate" shall --------------------- mean the weighted average of the rates of interest that are in effect under the Note on the first day of each calendar month (applicable for the previous month) falling within the Loan Term with respect to each of the Portions of Principal that comprise the entire outstanding principal balance of the Loan.
Weighted Average Rate means, with respect to any date of determination, a per annum rate equal to (A) the sum of (i) the product of (x) the Outstanding Amount of the Class A-1 Notes on such date and (y) the Class A-1 Interest Rate, plus (ii) the product of (x) the Outstanding Amount of the Class A-2 Notes on such date and (y) the Class A-2 Interest Rate, plus (iii) the product of (x) the Outstanding Amount of the Class A-3 Notes on such date and (y) the Class A 3 Interest Rate plus (iv) the product of (x) the Outstanding Amount of the Class A-4 Notes on such date and (y) the Class A-4 Interest Rate divided by (B) the Outstanding Amount of the Notes on such date; provided that if the date of determination is a Payment Date, then the Outstanding Amount of any class of Notes shall be determined after giving effect to all payments made on such date.
Weighted Average Rate means the weighted mean of the rates of interest as the case may be applicable to the Loan.
Weighted Average Rate means, with respect to any date of determination, a per annum rate equal to (1) the sum of (a) the product of (x) the outstanding principal amount of the Class A-1 Notes on such date and (y) the Class A-1 Rate, plus (b) the product of (x) the outstanding principal amount of the Class A-2 Notes on such date and (y) the Class A-2 Rate, plus (c) the product of (x) the outstanding principal amount of the Class A-3 Notes on such date and (y) the Class A-3 Rate, plus (d) the product of (x) the outstanding principal amount of the Class B Notes on such date and (y) the Class B Rate, divided by (2) the outstanding principal amount of all of the Notes on such date; provided, that if the date of determination is a Payment Date, then the outstanding principal amount of any class of Notes shall be determined after giving effect to all payments made on such date.
Weighted Average Rate. For any Distribution Date, (a) in the case of Certificates, the weighted average of the Certificate Rates for the related Interest Accrual Period for those outstanding Certificates having a Principal Balance, calculated prior to giving effect to any principal distributions to the Certificates on such date and (b) in the case of Mortgage Loans, the weighted average of the Mortgage Note Rates for such Mortgage Loans based on the Loan Balances thereof on or as of the date specified.
Weighted Average Rate means the interest rate of the Lease Contracts under fixed interest rates (the “Fixed Rate Contracts”) weighted by Outstanding Principal Amount. The tables below provide a breakdown of the Initial Portfolio as at 30 April 2006 by (i) pool; (ii) outstanding value; (iii) origination date; (iv) maturity; (v) remaining maturity; (vi) seasoning; (vii) region; (viii) geographical distribution; (ix) payment frequency; (x) interest rate; (xi) gross spread; (xii) gross yield; (xiii) residual balance and (xiv) current loan-to-value. BREAKDOWN OF INITIAL PORTFOLIO BY POOLAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY OUTSTANDING VALUEAmounts in Euro Outstanding Value BREAKDOWN OF INITIAL PORTFOLIO BY ORIGINATION DATEAmounts in Euro YearsBREAKDOWN OF INITIAL PORTFOLIO BY MATURITYAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY REMAINING MATURITYAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY SEASONINGAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY REGIONAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY GEOGRAPHICAL DISTRIBUTIONAmounts in Euro *Northen Regions include: Lombardy, Veneto, Emilia Romagna, Piedmont, Trentino Alto Adige, Liguria, Friuli Venezia Giulia, Valle D’Aosta. **Central Regions include: Marche, Abruzzo, Lazio, Umbria and Tuscany. ***Southern Regions include: Campania, Sicily, Sardinia, Puglia, Molise, Calabria and Basilicata. BREAKDOWN OF INITIAL PORTFOLIO BY PAYMENT FREQUENCYAmounts in Euro