Weighted Average APR means, as of any date of determination with respect to all Eligible Contracts that are Fixed Rate Contracts included in the Borrower Collateral, the number obtained by (i) summing the products obtained by multiplying (a) the APR of such Eligible Contract by (b) the Principal Balance of such Eligible Contract and (ii) dividing such sum by the Aggregate Outstanding Principal Balance of all Eligible Contracts included in the Borrower Collateral on such date.
Weighted Average APR. With respect to any Eligible Receivables at any time, an amount equal to the weighted average (weighted solely based on the Outstanding Receivable Balance of such Receivables at such time) of the interest rates set forth in the Contracts related to such Receivables.
Weighted Average APR. The weighted average (weighted based on outstanding principal amount and remaining term) interest rate on the Receivables transferred to the Trust on the Closing Date. APPENDIX A
Examples of Weighted Average APR in a sentence
As a result, the Weighted Average APR of the automobile loan contracts may not be equivalent to the automobile loan contracts' aggregate yield on the Aggregate Principal Balance.
This section does not require the Trustees to distribute all of the income or any of the39 capital of the Public Purpose Fund.
More Definitions of Weighted Average APR
Weighted Average APR means, with respect to any date of determination, the weighted average of the APRs of the Eligible Contracts, weighted on the basis of the Principal Balance of the Eligible Contracts as of the related Accounting Date.
Weighted Average APR means, as of any date of determination, the sum of the APR Weights for all Fixed Rate Medallion Loans that are Eligible Medallion Loans as of such date of determination, where:
Weighted Average APR as of any date of determination, (i) means, in respect of the Pledged Consumer Receivables, the weighted average (weighted solely based upon the Outstanding Principal Balances of the Pledged Consumer Receivables as of such date) of the Coupon Rates set forth in the Contracts related to such Pledged Consumer Receivables and (ii) means, in respect of the Pledged Developer/Consumer Receivables, the weighted average (weighted solely based upon the Outstanding Principal Balances of the Pledged Developer/Consumer Receivables as of such date) of (a) the annual interest rates charged to the Developers under the Pledged Developer Note Receivables, as set forth in the related promissory notes and/or Hypothecation Loan Agreements, and (b) the Coupon Rates set forth in the Contracts related to the Pledged Purchased Consumer Note Receivables.
Weighted Average APR means at any time an amount equal to the weighted average (weighted solely based on the Outstanding Principal Balances of the Eligible Purchased Consumer Note Receivables and the Eligible Developer Note Receivables at such time) Coupon Rates set forth in the Pledged Purchased Consumer Note Receivable or the Hypothecation Loan Agreement related to the Eligible Purchased Consumer Note Receivables and the Eligible Developer Note Receivables at such time.
Weighted Average APR means, with respect to any Advance, the average of the APRs applicable to the Receivables subject to such Advance as of the date of such Advance; weighted based on the aggregate Principal Balance of such Receivables.
Weighted Average APR means, as of any date of determination, the weighted average of the Annual Percentage Rate applicable to all Eligible Home Improvement Loans owned by the Borrower on such date, calculated by (a) summing the products obtained by multiplying (i) the Annual Percentage Rate applicable to each such Eligible Home Improvement Loan times (ii) the Home Improvement Loan Balance of each such Eligible Home Improvement Loan and (b) dividing such sum by the Aggregate Home Improvement Loan Balance as of such date of determination. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
Weighted Average APR means, on any Settlement Date, as of the -------------------- last day of the immediately preceding Collection Period, (i) the sum of the product with respect to each Pooled Receivable that is a Fixed Rate Receivable of (A) the APR of such Receivable (adjusted, if necessary, to make such APR equivalent to a rate per annum based on monthly interest payments) and (B) the Amount Financed with respect to such Receivable divided by (ii) the aggregate ------- Amount Financed of all Pooled Receivables that are Fixed Rate Receivables.