Excess Weighted Average Coupon. A percentage equal as of any date of determination to a number obtained by multiplying (a) the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (b) the number obtained by dividing the Aggregate Principal Balance of all Fixed Rate Obligations by the Aggregate Principal Balance of all Floating Rate Obligations.
Excess Weighted Average Coupon means, as of any date, an amount equal to (a) the excess, if any, of the Weighted Average Coupon over the Minimum Coupon, multiplied by (b) the Aggregate Principal Balance of all Fixed Rate Loans divided by the Aggregate Principal Balance of all Floating Rate Loans.
Excess Weighted Average Coupon means a percentage equal as of any Measurement Date to a number obtained by multiplying (i) the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (ii) the number obtained by dividing the Aggregate Principal Balance of all Fixed Rate Obligations by the Aggregate Principal Balance of all Floating Rate Obligations.
Examples of Excess Weighted Average Coupon in a sentence
PARTICIPANT FEE: Institutions invoiced FY111692No XRT/Canceled/Inactive0Institutions paid1465medicine in the U.S. and worldwide: Frequency, dose and comparison to other radiation sources: 1950-2006.
The “Minimum Floating Spread Test” will be satisfied on any date of determination if the Weighted Average Floating Spread plus the Excess Weighted Average Coupon equals or exceeds the Minimum Floating Spread.
Excess Weighted Average Floating Spread: As of any Measurement Date, a percentage equal to the number obtained by multiplying (i) the excess, if any, of the Weighted Average Floating Spread (without regard to the Excess Weighted Average Coupon (if any)) over the Minimum Floating Spread by (ii) the number obtained by dividing the Aggregate Principal Balance of all Floating Rate Obligations by the Aggregate Principal Balance of all Fixed Rate Obligations, in each case, excluding any Defaulted Obligations.
The “Minimum Moody’s Floating Spread Test” will be satisfied on any date of determination if the Weighted Average Floating Spread plus the Excess Weighted Average Coupon equals or exceeds the Minimum Moody’s Floating Spread.
The “Minimum Spread Test” will be satisfied on any date of determination if the Weighted Average Spread plus the Excess Weighted Average Coupon equals or exceeds the Minimum Spread.
More Definitions of Excess Weighted Average Coupon
Excess Weighted Average Coupon means a percentage equal as of any date of determination to a number obtained by multiplying (a) the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (b) the number obtained by dividing the aggregate principal balance of all Fixed Rate Obligations by the aggregate principal balance of all Floating Rate Obligations (with respect to any Deferrable Security, including for this purpose any capitalized interest with respect to which current cash interest is being paid but excluding any portion of the principal balance or capitalized interest with respect to which current cash interest is not being paid). Maximum Moody’s Rating Factor Test. The “Maximum Moody’s Rating Factor Test” will be satisfied on any date of determination if the Adjusted Weighted Average Moody’s Rating Factor of the Collateral Obligations is less than or equal to the sum of
Excess Weighted Average Coupon means a percentage equal as of any Measurement Date to a number obtained by multiplying (a) the excess, if any, of the Weighted Average Coupon over the Moody's Minimum Weighted Average Coupon or the Fitch Minimum Weighted Average Fixed Coupon, as the case may be, by (b) the number obtained by dividing the Aggregate Principal Balance of all Fixed Rate Collateral Debt Obligations by the Aggregate Principal Balance of all Floating Rate Collateral Debt Obligations."
Excess Weighted Average Coupon means a percentage equal as of any Measurement Date to a number obtained by multiplying (i) the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (ii) the number obtained by dividing the Aggregate Principal Balance of all Fixed Rate Obligations by the Aggregate Principal Balance of all Floating Rate Obligations. The “Aggregate Coupon” is, as of any Measurement Date, as determined by the Collateral Manager, the sum of the products obtained by multiplying, in the case of each Fixed Rate Obligation (including, for any Deferrable Security, only the current cash pay interest required by the Underlying Instruments to avoid a default thereon), (i) the stated coupon on such Collateral Obligation expressed as a percentage and (ii) the Principal Balance of such Collateral Obligation; provided that for purposes of this definition, the interest coupon will be deemed to be, with respect to any Step-Up Obligation, the current interest coupon. The “Aggregate Funded Spread” is, as of any Measurement Date, the sum of:
Excess Weighted Average Coupon means a percentage equal as of any date of determination to a number obtained by multiplying (a) the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (b) the number obtained by dividing the aggregate principal balance of all Fixed Rate Obligations by the aggregate principal balance of all Floating Rate Obligations. Maximum Moody's Rating Factor Test. The "Maximum Moody's Rating Factor Test" will be satisfied on any date of determination if the Adjusted Weighted Average Moody's Rating Factor of the Collateral Obligations is less than or equal to the sum of
Excess Weighted Average Coupon means a percentage equal as of any date of determination to a number obtained by multiplying (a) the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (b) the number obtained, including for this purpose any capitalized interest, by dividing the Aggregate Principal Balance of all Fixed Rate Obligations by the Aggregate Principal Balance of all Floating Rate Obligations. Maximum Moody’s Rating Factor Test. The “Maximum Moody’s Rating Factor Test” will be satisfied on any date of determination if the Adjusted Weighted Average Moody’s Rating Factor of the Collateral Obligations is less than or equal to the sum of (i) the Maximum Rating Factor in the Matrix Combination plus (ii) the Moody’s Weighted Average Recovery Adjustment. The “Weighted Average Moody’s Rating Factor” is the number (rounded up to the nearest whole number) determined by:
Excess Weighted Average Coupon means a percentage equal as of any date of determination to a number obtained by multiplying (a) the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (b) the number obtained by dividing the aggregate principal balance of all Fixed Rate Obligations by the aggregate principal balance of all Floating Rate Obligations (with respect to any Deferrable Security, including for this purpose any capitalized interest with respect to which current cash interest is being paid but excluding any portion of the principal balance or capitalized interest with respect to which current cash interest is not being paid). Maximum Moody's Rating Factor Test. The "Maximum Moody's Rating Factor Test" will be satisfied on any date of determination if the Weighted Average Moody's Rating Factor of the Collateral Obligations is less than or equal to the sum of (i) the number set forth in the Minimum Diversity Score/Maximum Rating/Minimum Spread Matrix at the intersection of the applicable "row/column combination" chosen by the Portfolio Manager (or interpolating between two adjacent rows and/or two adjacent columns, as applicable) in accordance with the Indenture plus (ii) the Moody's Weighted Average Recovery Adjustment. The "Weighted Average Moody's Rating Factor" is the number (rounded up to the nearest whole number) determined by:
Excess Weighted Average Coupon means, as of any Measurement Date, a percentage equal to the product obtained by multiplying (a) the greater of zero and the excess, if any, of the Weighted Average Coupon over the Minimum Weighted Average Coupon by (b) the number obtained by dividing the aggregate principal balance of all Fixed Rate Obligations (excluding any Defaulted Obligation and, to the extent of any non-cash interest, any