Weighted Average Maturity. In the judgment of the Agency, the weighted average maturity of the Allocable Bonds set forth in Attachment 1 does not exceed 120% of the average reasonable expected economic life of the Project.
Weighted Average Maturity. The weighted average maturity of a Pool Certificate is a dollar weighted average maturity that is calculated by multi- plying the remaining term, in months, of each Loan Interest in a Pool by the ratio of that Loan Interest’s current outstanding pooled principal to the current aggregate outstanding pooled principal of all Loan Interests in the Pool, and adding the sum of the result- ing products. The weighted average maturity of a Pool Certificate will fluctuate over the life of the Pool as Loan Interest defaults, prepayments and normal Loan Interest repayments occur. § 120.1701 Program purpose. As authorized by the American Re- covery and Reinvestment Act of 2009 (Recovery Act), SBA establishes the Program to authorize an entity to apply for SBA’s guarantee of Pools comprised of portions of First Lien Po- sition 504 Loans backing Pool Certifi- xxxxx to be sold to Pool Investors. The purpose of the Program is to tempo- rarily provide a federal guarantee for Pools of First Lien Position 504 Loans to facilitate the sale of such loans and increase the liquidity of the lenders holding the loans so that the lenders can use the sale proceeds to fund more such loans. The Program’s authoriza- tion expires on September 23, 2012 and the Administrator may guarantee not more than $3,000,000,000 of pools under this authority pursuant to section 503(c)(B)(iii) of the Recovery Act, as amended by section 1119 of the Small Business Jobs Act of 2010. [61 FR 3235, Jan. 31, 1996, as amended at 76 FR 63547, Oct. 12, 2011] § 120.1702 Program fee.
Weighted Average Maturity. The weighted average maturity of a Pool Certificate is a dollar weighted average maturity that is calculated by multi- plying the remaining term, in months, of each Loan Interest in a Pool by the ratio of that Loan Interest’s current outstanding pooled principal to the current aggregate outstanding pooled principal of all Loan Interests in the Pool, and adding the sum of the result- ing products. The weighted average maturity of a Pool Certificate will fluctuate over the life of the Pool as Loan Interest defaults, prepayments and normal Loan Interest repayments occur. § 120.1701 Program purpose. As authorized by the American Re- covery and Reinvestment Act of 2009 (Recovery Act), SBA establishes the Program to authorize an entity to apply for SBA’s guarantee of Pools comprised of portions of First Lien Po- sition 504 Loans backing Pool Certifi- xxxxx to be sold to Pool Investors. The purpose of the Program is to tempo- rarily provide a federal guarantee for
Weighted Average Maturity. The Initial Receivables shall have a scheduled weighted average maturity of not more than _____ months.
Weighted Average Maturity. As of the Cutoff Date, the weighted ------------------------- average remaining term to maturity of the Receivables was approximately 51.74 months.
Weighted Average Maturity. 12/13 - 20 Years at 3.75% | SINGLE PURPOSE | 12/14/2017 | 1:36 PM Xxxxxx X. Xxxx & Company Public Finance Ouray County Series 2018 Lease Purchase Loan 12/13 - 20 Years at 3.75%, $5.5 mm par Pricing Summary Maturity Type of Bond Coupon Yield Maturity Value Price Dollar Price 12/01/2037 Term 1 Coupon 3.750% 3.750% 5,500,000.00 100.000% 5,500,000.00 Total - - - $5,500,000.00 - $5,500,000.00 Bid Information $5,500,000.00 $5,500,000.00 5,500,000.00 $5,500,000.00 $69,294.72 12.599 Years 3.7500000% 3.7500000% 3.7504303% Par Amount of Bonds..................................................................................................................................................
Weighted Average Maturity. The weighted average maturity of the Series 2023 Bonds has been calculated to be years. The representations set forth in this certificate are limited to factual matters only. Nothing in this certificate represents the Underwriter' interpretation of any laws, including specifically Sections 103 and 148 of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations thereunder. The undersigned understands that the foregoing information will be relied upon by the Issuer and City of Tupelo, Mississippi (the "City") with respect to certain of the representations set forth in the Arbitrage Certificate of the Issuer and the City and with respect to compliance with the federal income tax rules affecting the Series 2023 Bonds, and by Xxxxxx Snow LLP in connection with rendering its opinion that the interest on the Series 2023 Bonds is excluded from gross income for federal income tax purposes, the preparation of the Internal Revenue Service Form 8038, and other federal income tax advice that it may give to the Issuer and the City from time to time relating to the Series 2023 Bonds. Except as expressly set forth above, the certifications set forth herein may not be relied upon or used by any third party or for any other purpose. XXXXXXX XXXXX & ASSOCIATES, INC. By: [Name & Title] Dated: , 2023 SCHEDULE A SALE PRICES OF THE GENERAL RULE MATURITIES AND INITIAL OFFERING PRICES OF THE HOLD-THE-OFFERING-PRICE MATURITIES General Rule Maturities MATURITY (March 1) PRINCIPAL AMOUNT INTEREST RATE YIELD REOFFERING PRICE Hold the Price Maturities MATURITY (March 1) PRINCIPAL AMOUNT INTEREST RATE YIELD REOFFERING PRICE SCHEDULE B
Weighted Average Maturity. The weighted average maturity (defined below) of the Issue is years and (a) the remaining weighted average maturity of the Outstanding Prior Issue is of a year, (b) the remaining weighted average maturity of the Advance Refunded Bonds is years and (c) the remaining weighted average maturity of the Current Refunded Bonds is years. The weighted average maturity of the Issue is equal to the sum of the products of the Sale Price or Initial Offering Price, as applicable, of each maturity of the issue and the number of years to the maturity date of the respective maturity (taking into account mandatory but not optional redemptions), divided by the Issue of the entire Issue.
Weighted Average Maturity. The Weighted Average Maturity of the Bonds is years. The Remaining Weighted Average Maturity of the bonds to be advance refunded by the Bonds is years. Weighted Average Maturity is the sum of the products of the respective Initial Offering Prices (as shown on Attachment A) of each maturity and the number of years to maturity from the settlement date for the Bonds (determined separately for each maturity and by taking into account mandatory, but not optional redemptions), divided by the sum of the Initial Offering Prices for the entire issue. Remaining Weighted Average Maturity is the sum of the products of the respective issue prices in the underwriter certificate with respect to each maturity of the bonds to be advance refunded by the Bonds and the number of years to maturity from the settlement date for the Bonds (determined separately for each maturity of the bonds to be advance refunded by the Bonds and by taking into account mandatory, but not optional, redemptions), divided by the aggregate issue price in the underwriter certificate with respect to the bonds to be advance refunded by the Bonds.
Weighted Average Maturity. Using industry standard software, we have calculated the weighted average maturity of the Series 2022 Certificates to be not greater than years.
