Weighted Average Remaining Term means, as of any date of determination, the weighted average (weighted solely based upon the Outstanding Balances of the Eligible Receivables as of such date of determination) of the then unexpired terms to stated maturity under the Contracts related to the Eligible Receivables.
Weighted Average Remaining Term means, as of any Payment Date, a number of months equal to (x) the sum for each Loan that is a Pledged Loan as of the last day of the related Due Period of the product of (i) the Loan Balance of such Loan as of the last day of the related Due Period and (ii) the number of months remaining in the term of such Loan as of the last day of the related Due Period, divided by (y) the sum of the Loan Balances of all Pledged Loans as of the last day of the related Due Period.
Weighted Average Remaining Term means, for purposes of meeting the 5 MM Condition, the average amount of time remaining before expiration of the Finished Sand Inventory purchase contracts by one or more Approved Offtakers. For example, suppose Vista Sand has two purchase contracts, one for aggregate remaining minimum volume of 5,000,000 tons and the other for aggregate remaining minimum volume of 10,000,000 tons, for total remaining minimum volume of 15,000,000 tons. The 5,000,000 ton purchase contract expires in five years, and the 10,000,000 ton purchase contract in 10 years. The Weighted Average Remaining Term is calculated as: (5,000,000 tons / 15,000,000 tons) * 5 years + (10,000,000 tons / 15,000,000 tons) * 10 years = 8 1/3 years. For the avoidance of doubt, “remaining minimum” volume means Finished Sand Inventory that has not yet been delivered and shall include only committed volumes.
Examples of Weighted Average Remaining Term in a sentence
Weighted Average Remaining Term to Maturity (WAM) of the Initial Receivables 56.47 months J.
The Approximate Weighted Average Remaining Term to Maturity (in months) is the approximate weighted average remaining term to maturity of the Mortgage Loans underlying the related Trust MBS.
Weighted Average Original Loan-to-Value Ratio _____% ____% Weighted Average Remaining Term to Maturity.
Pool Assets At The Beginning And Ending Of Each Period, And Updated Pool Composition Information, Such As Weighted Average Coupon, Weighted Average Remaining Term, Pool Factors And Prepayment Amounts.
REPO Counter-Party(1) Principal Borrowed (millions) Percentage of REPO Positions with ARMOUR Weighted Average Original Term in Days Weighted Average Remaining Term in Days Longest Remaining Term in Days 1 Mitsubishi UFJ Securities (USA), Inc.
More Definitions of Weighted Average Remaining Term
Weighted Average Remaining Term means the weighted average remaining maturities of the Purchased Assets calculated to equal (i) the sum, for all Purchased Receivables, of (x) the remaining Scheduled Contract Payments of each Purchased Receivable times (y) the remaining term of such Purchased Receivable, divided by (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Purchased Receivables (each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Purchased Receivables to be purchased on such date).
Weighted Average Remaining Term means the weighted average remaining maturities of the Transferred Assets or the Pledged Assets, as the case may be, calculated to equal (i) the aggregate amount of the remaining Scheduled Contract Payments of each Receivable or Pledged Receivable, as the case may be, times the remaining term of such Receivable or Pledged Receivable, as the case may be, divided by (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Receivables or Pledged Receivables, as the case may be, (each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Receivables to be purchased on such date).
Weighted Average Remaining Term means, at any time of determination, a period equal to the weighted average (weighted solely based on the Class A Borrowing Base of the Aircraft in the Borrower’s Portfolio at such time and assigning a lease term of zero months to any Off-Lease Aircraft) of the remaining lease terms related to the Aircraft in the Borrower’s Portfolio.
Weighted Average Remaining Term means, at any time, a term (calculated in years on an aggregate basis) equal to two (2) years.
Weighted Average Remaining Term. For any Accounting Date, the sum for all Loans in a Pool of the product of each Loan's (i) Loan Balance and (ii) remaining number of Scheduled Payments, divided by the Aggregate Loan Balance of that Pool.
Weighted Average Remaining Term means the weighted average remaining maturities of the Purchased Assets calculated to equal (i) the aggregate amount of the remaining Scheduled Contract Payments of each Purchased Receivable TIMES the remaining term of such Purchased Receivable, DIVIDED BY (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Purchased Receivables (each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Purchased Receivables to be purchased on such date).
Weighted Average Remaining Term means the weighted average remaining maturities of the Transferred Assets or the Pledged Assets, as the case may be, calculated to equal (i) the aggregate amount of the remaining Scheduled Contract Payments of each Receivable or Pledged Receivable, as the case may be, TIMES the remaining term of such Receivable or Pledged Receivable, as the case may be, DIVIDED BY (ii) the aggregate amount of the remaining Scheduled Contract Payments of all the Receivables or Pledged Receivables, as the case may be,(each such calculation to include, for purposes of calculating the Weighted Average Remaining Term on any Settlement Date, any Receivables to be purchased on such date).