Weighted Margin definition
Weighted Margin in relation to a Distribution Date means the amount, expressed as a percentage, determined by the following calculation: CA1 CA2 CA3 CB ▇▇ ▇▇ WM = (--- * CA1M) + (--- * CA2M) + (--- * CA3M) + (---CBM) + (--- * RBM) + (--- * SRM) TSA TSA TSA TSA TSA TSA where: WM = the Weighted Margin; CA1 = the A$ Equivalent of the aggregate Stated Amounts of the Class A-1 Notes on the Determination Date immediately preceding that Distribution Date; CA1M = the Spread specified in paragraph 5.2 of the confirmations for the Class A-1 Currency Swap on that Distribution Date; CA2 = the aggregate of the Stated Amounts of the Class A-2 Notes on the Determination Date immediately preceding that Distribution Date; CA2M = the Issue Margin in respect of the Class A-2 Notes during the Accrual Period ending immediately prior to that Distribution Date; CA3 = the A$ Equivalent of the aggregate Stated Amounts of the Class A-3 Notes on the Determination Date immediately preceding that Distribution Date; CA3M = the Spread specified in paragraph 5.2 of the confirmations for the Class A-3 Currency Swap on that Distribution Date; CB = the aggregate of the Stated Amounts of the Class B Notes on the Determination Date immediately preceding that Distribution Date; CBA = the Issue Margin in respect of the Class B Notes; RB = the aggregate of the Stated Amounts of the Redraw Bonds on the Determination Date immediately preceding that Distribution Date; RBM = the weighted average of the Issue Margins in respect of the Redraw Bonds outstanding on the Determination Date immediately prior to that Distribution Date during the Accrual Period ending immediately prior to that Distribution Date (based on the Stated Amounts of those Redraw Bonds); SR = the Standby Redraw Facility Principal on the Determination Date immediately preceding that Distribution Date; SRM = the Drawdown Margin as defined in the Standby Redraw Facility Agreement; and TSA = the sum of CA1, CA2, CA3, CB, RB and SR.".
Weighted Margin in relation to a Distribution Date means the amount, expressed as a percentage, determined by the following calculation: CA CB WM = (--- x CAM) + (--- x CBM) TSA TSA where:
Weighted Margin in relation to a Distribution Date means the amount, expressed as a percentage, determined by the following calculation: (CA1 ) (CA2 ) (CB ) (RB ) (SR ) WM =(--- x CA1M) + (--- x CA2M) + (--- x CBM) + (--- x RBM) + (--- x SRM) (TSA ) (TSA ) (TSA ) (TSA ) (TSA )
Examples of Weighted Margin in a sentence
The Spread applicable to the Floating Amounts, if any, in respect of each Fixed Rate Swap entered into following a Conversion shall be the relevant Weighted Margin in respect of the relevant Monthly or Quarterly Distribution Date plus 0.71% per annum.