Gross Margin definition

Gross Margin. With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.
Gross Margin. With respect to each ARM Loan, the fixed percentage specified in the related Mortgage Note that is added to the applicable Index on each Interest Adjustment Date to determine the new Mortgage Interest Rate for such ARM Loan.
Gross Margin. As to each adjustable rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit F-2 hereto as the "NOTE MARGIN," which percentage is added to the related Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

Examples of Gross Margin in a sentence

  • In connection with any such assumption, the outstanding principal amount, the Monthly Payment, the Mortgage Interest Rate, the Lifetime Rate Cap (if applicable), the Gross Margin (if applicable), the Initial Rate Cap (if applicable) or the Periodic Rate Cap (if applicable) of the related Mortgage Note shall not be changed, and the term of the Mortgage Loan will not be increased or decreased.

  • CONTRACTOR’s only compensation in consideration of the Services under this Agreement to be paid by BROKER shall be derived from the Gross Margin generated by CONTRACTOR through BROKER’s logistics brokerage operating platform as set forth in the attached Exhibit “B,” which is incorporated herein by reference.

  • Example: By way of example only, the following hypothetical demonstrates the application of the Formula set forth in Section 1 above: Revenue $200 Less Intercompany Sales 20 Net Revenue $180 Less Cost of Sales* 140 Gross Margin $40 Less Operating Expense* 10 Less Corporate Allocations* 5 Income before Income Tax $25** Profit Shared @2.25% $0.56 *includes applicable depreciation & amortization expenses on an accrual basis.

  • On each Adjustment Date for each Group II Mortgage Loan, the Mortgage Rate thereon will be adjusted (subject to rounding) to equal the sum of the applicable Index (as defined below) and a fixed percentage amount (the "Gross Margin").

  • Fraction Fraction Recovered GPM C2 1.33 0.160 0.40 80% 0.051 23.50 $36,088 C3 0.74 0.089 0.92 80% 0.065 37.63 $73,828 IC4 0.24 0.028 0.98 80% 0.022 47.00 $31,436 NC4 0.21 0.025 0.98 80% 0.020 44.00 $25,751 C5+ 0.44 0.053 0.85 80% 0.036 48.00 $52,212 Total 2.96 0.355 0.195 $219,315 Volume (MMSCFD) Shipper 1 Shrinkage 100 From Receipt Point 1 Component Shipper GPM Delta from Recovery BTU Factor BTU Value Shrinkage Cost Gross Margin GPM Avg.


More Definitions of Gross Margin

Gross Margin means, with respect to each adjustable rate Mortgage Loan, the fixed percentage amount set forth in the related Mortgage Note.
Gross Margin. With respect to each ARM Loan, the fixed percentage added to the Index on each Rate Adjustment Date, as specified in each related Mortgage Note and listed in the Mortgage Loan Schedule.
Gross Margin. The percentage set forth in the related Mortgage Note for each of the Mortgage Loans in Loan Group II which is to be added to the applicable index for use in determining the Mortgage Rate on each Adjustment Date, and which is set forth in the Mortgage Loan Schedule for each of the Group II Mortgage Loans.
Gross Margin for any Mortgage Loan means the percentage shown as the "Gross Margin" for the Mortgage Loan on Exhibit A to the Sale and Servicing Agreement.
Gross Margin means with respect to each adjustable rate Mortgage Loan, the fixed percentage amount set forth in the related Mortgage Note.