Yield Maintenance Payment definition

Yield Maintenance Payment. With respect to each Distribution Date, any payment received by the Trustee, on behalf of the Trust Fund, from the Yield Maintenance Agreement Provider pursuant to the terms of the Yield Maintenance Agreement, with respect to such Distribution Date, provided that such payment shall not include any payment received by the Trustee, on behalf of the Trust Fund, that is a Yield Maintenance Agreement Termination Payment, except as set forth in Section 4.09(e).
Yield Maintenance Payment. For any Distribution Date, the payment, if any, due under the Yield Maintenance Agreement in respect of such Distribution Date.

Examples of Yield Maintenance Payment in a sentence

  • The Trustee shall withdraw from the Yield Maintenance Account and pay to itself any amounts remaining in the Yield Maintenance Account after the Final Yield Maintenance Payment Date.

  • Ms. Flores’ request was allowed and at which time myself and both female dancers proceeded to the female dressing room, where they were left in the care and custody of officers Andrews and Reaves.Cox acknowledgedthat this supplement, prepared shortly after appellant’s arrest, contained no information about the specific manner in which appellant violated the Ordinance.

  • Intuitively, a KEM is secure if all practical adversaries have a negligi- ble advantage.

  • Table 5 We believe the non-revenue water target should be based on the forward-looking production estimates contained in the application rather than historical amounts that do not anticipate or encourage a reduction innon-revenue water.The settlement sets the non-revenue water target at 1,187 acre-feet for 2012 through 2014.

  • For the Class 1-A-4 and Class 1-A-7 Certificates and for any Distribution Date from and including the Distribution Date in March 2006 to and including the related Final Yield Maintenance Payment Date, the corresponding amount listed for such Class and such Distribution Date in Schedule 1 of the Prospectus.


More Definitions of Yield Maintenance Payment

Yield Maintenance Payment. For any Class of Class A Certificates and for any Distribution Date from and including the Distribution Date in January 2006 to and including the Final Yield Maintenance Payment Date, the lesser of (a) the Carryover Shortfall Amount for such Class for such Distribution Date and (b) such Class’ pro rata share of the Yield Maintenance Available Payment Amount for such Distribution Date (such pro rata share calculated based on an allocation of such Yield Maintenance Available Payment Amount among the Class A Certificates pro rata according to Carryover Shortfall Amount).
Yield Maintenance Payment. With respect to any Yield Maintenance Agreement and any Distribution Date, the amount, if any, distributed to the Trustee by the Yield Maintenance Provider pursuant to each such Yield Maintenance Agreement for the related Class or Classes of Adjustable Rate Certificates and such Distribution Date. Yield Maintenance Provider: Bear Stearns Financial Products Inc. or any successor in interest.
Yield Maintenance Payment means an amount equal to the positive difference between (a) the present value, computed at the Reinvestment Rate, of the stream of monthly principal and interest payments in effect under the applicable Note(s) as of the Effective Date from the date of prepayment through the Maturity Date, and (b) the outstanding principal balance of such Note(s) as of the date of prepayment; provided, however, if such difference is a negative number, the Yield Maintenance Payment shall be zero.
Yield Maintenance Payment. For any Distribution Date, the payment, if any, to be paid under the Yield Maintenance Agreement in respect of such Distribution Date. With respect to any Distribution Date and the Class A-1 Certificates, the Yield Maintenance Payment shall be the amount equal to the product of (I) the positive excess, if any, of (a) the lesser of (x) LIBOR or (y) 8.90%, over (b) 5.65% per annum, and (II) the amount set forth for that Distribution Date in Schedule I of the Yield Maintenance Agreement, and (III) a fraction, the numerator of which is 30 and the denominator of which is 360.
Yield Maintenance Payment has the meaning set forth in the Loan Agreement.
Yield Maintenance Payment. An amount equal to the result of multiplying (A) the actual number of days in the applicable Interest Accrual Period divided by 360 by (B) the product of (i) the per annum rate equal to the excess of (x) the lesser of then-current One-Month LIBOR and 10.50% over (y) the applicable Strike Price and (ii) an amount equal to the lesser of the principal balance of the applicable Class of Certificates and the Projected Principal Balance for such Class of Certificates for such Distribution Date. Yield Maintenance Provider: Wells Fargo Bank, Xxxxonal Association.
Yield Maintenance Payment. For any Class of Class A Certificates and for any Distribution Date from and including February 2005 to and including July 2015, the lesser of (i) the Carryover Shortfall Amount for such Class for such Distribution Date and (ii) such Class’ pro rata share of the Yield Maintenance Available Payment Amount for such Distribution Date (such pro rata share calculated based on an allocation of such Yield Maintenance Available Payment Amount among the Classes of Class A Certificates pro rata according to Carryover Shortfall Amount). For the Class X IO Component for any Distribution Date from and including February 2005 to and including July 2015, the sum of the excess, if any, of (i) the (a) Yield Maintenance Available Payment Amount for such Distribution Date over (b) aggregate of the Yield Maintenance Payments for the Class A Certificates for such Distribution Date and (ii) the (a) amounts received by the Trustee pursuant to the Yield Maintenance Agreement for such Distribution Date and deposited by the Trustee into the Yield Maintenance Account in accordance with Section 3.05(e) over (b) Yield Maintenance Available Payment Amount for such Distribution Date.