Weighted Average Seasoning definition

Weighted Average Seasoning means, on each Payment Date, the weighted average seasoning of the Receivables, calculated on a contract by contract basis as the original term minus the remaining term of such contract.

Weighted Average Seasoning means, with respect to all Eligible Receivables, the weighted average number of months elapsed since origination of the Eligible Receivables.

Weighted Average Seasoning means, with respect to all Eligible Receivables included in the determination of Net Eligible Receivable Balance, the weighted average number of months elapsed origination of such Eligible Receivables.”

Examples of Weighted Average Seasoning in a sentence

• Remaining Term (months): 361 311 363 339 358 Weighted Average Seasoning (months): 2 2 2 1 2 Weighted Average Months to Roll(9): 25 N/A 23 N/A 24 Weighted Average Gross Margin(9): 6.35% N/A 6.37% N/A 6.36% Weighted Average Initial Rate Cap(9): 2.70% N/A 2.56% N/A 2.61% Weighted Average Periodic Rate Cap(9): 1.31% N/A 1.30% N/A 1.30% Weighted Average Gross Max.

• Scheduled Principal Balance: $71,606,608 Number of Mortgage Loans: 622 Average Scheduled Principal Balance: $115,123 Weighted Average Gross Coupon: 8.068% Weighted Average Original FICO Score: 643 Weighted Average Original Combined LTV Ratio(2): 82.28% Weighted Average Stated Remaining Term (months): 323 Weighted Average Seasoning (months): 3 (1) All percentages calculated herein are percentages of scheduled principal balance as of the Statistical Calculation Date unless otherwise noted.

• There would be an expectation that reports would be prepared quickly.Where the report reveals problems requiring rectification or there remains cause for regulatory concern, the Commission recommends that the regulators have a power to enter into a formal commitment letter with the bank concerned to secure rectification measures and to provide a basis for monitoring progress in addressing the concerns.

• Weighted Average Seasoning: 4.38 monthsWeighted Average Original Term: 10.34 monthsWeighted Average Remaining Term: 5.96 monthsTop 1 Obligor percentage: 0.45 per cent.Top 3 Obligor percentage: 1.03 per cent.Top 5 Obligor percentage: 1.39 per cent.Top 10 Obligor percentage: 2.07 per cent.

• Columns stating percentage amounts may not add up to 100% due to rounding.Loan Analysis Weighted Average Seasoning (by Value) Months *Indexation is applied on a regional basis to property valuations on a quarterly basis in January, April, July and October of each year.

More Definitions of Weighted Average Seasoning

Weighted Average Seasoning means, with respect to each Quarterly Vintage, the weighted average Seasoning of the Receivables included in such Quarterly Vintage as of the last day of the related calendar quarter in which such Quarterly Vintage is created, weighted on the basis of the Receivable Balance (calculated as of the Origination Dates of such Receivables) of each Receivable included in such Quarterly Vintage and rounded to the nearest integer.

Weighted Average Seasoning means, on each Payment Date, the weighted average seasoning of the Receivables, calculated on a loan-by-loan basis as the original term minus the remaining term of such loan.

Weighted Average Seasoning means, with respect to each Vintage Quarter Pool, the weighted average Seasoning of the Receivables included in such Vintage Quarter Pool as of the last day of the related calendar quarter in which such Vintage Quarter Pool is created, weighted on the basis of the Receivable Balance (calculated as of the Origination Dates of such Receivables) of each Receivable included in such Vintage Quarter Pool and rounded to the nearest integer.

Weighted Average Seasoning means, as of an Addition Date, the weighted average period elapsed from the date of origination of the Receivables in the APC Receivables Portfolio and determined as the aggregate of the following calculated amounts for each additional Receivable: (a) the Current Termination Amount in respect of the relevant additional Receivable divided by the Aggregate Current Termination Amount of all Receivables in the APC Receivables Portfolio; multiplied by (b) the term (in months) from the date of origination of such additional Receivable; The "Weighted Average Applicable Margin" of the Receivables in the APC Receivables Portfolio is calculated on any date of determination as the weighted average of the margins over the benchmark rates for each Utilisation Type provided that with respect to a Utilisation Type with a fixed rate of interest, such rate will be expressed as a margin over the EFG Basic Rate or EURIBOR (as applicable) for the purposes of calculating the Weighted Average Applicable Margin. If the APC Receivables Portfolio calculated on any three consecutive months does not satisfy the APC Collateral Test, then a Series Pay Out Event will occur with respect to the Series 2009-1 APC Loan Notes(see further "The APC Loan Note issue Agreement - Schedule Redemption of the Series 2009-1 APC Loan Notes - Series Pay Out Events"). Amendments to Eligible AgreementsThe Transferor may, subject to restrictions set by law, amend the terms and conditions of the Designated Agreements relating to the approved credit limit and exercise the rights granted to it in relation to the renewal of the credit limit. The Transferor will agree that no amendments will be made to a Designated Agreement if such amendments:

Weighted Average Seasoning means, with respect to any Determination Date, -------------------------- the fraction (stated as a number of months) equal to

Weighted Average Seasoning means, as of an Additional Purchase Date, the weighted average period elapsed from the date of origination of the Lease Receivables in the Lease Receivables Portfolio and determined as the aggregate of the following calculated amounts for each Additional Lease Receivables:

Weighted Average Seasoning. For each Eligible Equipment Loan, the original term of such Loan less the remaining term, multiplied by the current Loan Balance of such Loan, and divided by the Aggregate Loan Balance.