Weighted Average Rate. The greater of the Annual Percentage Rate and the Discount Rate applied to each of the Additional Receivables or the Initial Receivables, as applicable, weighted on the basis of (i) the Principal Balance and (ii) the remaining term of each such Receivable, each as of the Applicable Cutoff Date.
Weighted Average Rate means, with respect to any date of determination, a per annum rate equal to (1) the sum of (a) the product of (x) the outstanding principal amount of the Class A-1 Notes on such date and (y) the Class A-1 Rate, plus (b) the product of (x) the outstanding principal amount of the Class A-2 Notes on such date and (y) the Class A-2 Rate, plus (c) the product of (x) the outstanding principal amount of the Class A-3 Notes on such date and (y) the Class A-3 Rate, plus (D) the product of (x) the outstanding principal amount of the Class A-4 Notes on such date and (y) the Class A-4 Rate, plus (e) the product of (x) the outstanding principal amount of the Class B Notes on such date and (y) the Class B Rate, divided by (2) the sum of the outstanding principal amount of the Notes on such date, plus Certificate Balance on such date; provided, that if the date of determination is a Payment Date, then the outstanding principal amount of any class of Notes shall be determined after giving effect to all payments made on such date.
Weighted Average Rate means, for any period, the rate determined by the Custodian with reference to (a) LIBOR for an interest period reasonably close to the weighted average LIBOR interest period with respect to the Fund Investments, computed based on the face amount of each Fund Investment and the interest period(s) in effect with respect to such Fund Investments and (b) the maximum rate of all reserve requirements (including any marginal, emergency, supplemental, special or other reserves) applicable to any member bank of the Federal Reserve System in respect of LIBOR liabilities as defined in Regulation D (or any successor category of liabilities under Regulation D) (collectively, the “WAR Criteria”); provided that (w) if the Administrative Agent in its sole and absolute discretion believes that the rate determined by the Custodian does not reflect the WAR Criteria, then the Administrative Agent shall determine the rate with reference to the WAR Criteria, (x) if the benchmark rate for any Fund Investment has a LIBOR interest period of less than one (1) month, then the LIBOR interest period with respect to such Fund Investment shall be deemed to be one (1) month, (y) if the benchmark rate for any Fund Investment is not based on LIBOR, then the LIBOR interest period with respect to such Fund Investment shall be deemed to be three (3) months and (z) if no Loans are outstanding, a Default or an Event of Default has occurred or the Administrative Agent is otherwise unable to calculate the Weighted Average Rate for any reason, then the Weighted Average Rate shall be deemed to be LIBOR for an interest period of three (3) months.
Examples of Weighted Average Rate in a sentence
The Petitioner has claimed the Weighted Average Rate of IoL based on its actual loan portfolio and rate of interest.
The IT equipment has been considered as part of the Gross Block and depreciated using Weighted Average Rate of Depreciation (WAROD).
The Gross Block during 2014-19 tariff period has been depreciated at Weighted Average Rate of Depreciation (WAROD).
The Gross Block during the 2014-19 tariff period has been depreciated at Weighted Average Rate of Depreciation (WAROD).
The Petitioner has claimed Weighted Average Rate of Interest (WAROI) on loan based on its actual loan portfolio and rate of interest.
More Definitions of Weighted Average Rate
Weighted Average Rate means the weighted average cost of borrowing by Operating LLC as in effect from time to time, as determined in good faith by the Board.
Weighted Average Rate means, with respect to any date of determination, a per annum rate equal to (A) the sum of (i) the product of (x) the Outstanding Amount of the Class A-1 Notes on such date and (y) the Class A-1 Interest Rate, plus (ii) the product of (x) the Outstanding Amount of the Class A-2 Notes on such date and (y) the Class A-2 Interest Rate, plus (iii) the product of (x) the Outstanding Amount of the Class A-3 Notes on such date and (y) the Class A 3 Interest Rate plus (iv) the product of (x) the Outstanding Amount of the Class A-4 Notes on such date and (y) the Class A-4 Interest Rate divided by (B) the Outstanding Amount of the Notes on such date; provided that if the date of determination is a Payment Date, then the Outstanding Amount of any class of Notes shall be determined after giving effect to all payments made on such date.
Weighted Average Rate. With respect to any Distribution Date, the per annum variable rate equal to the weighted average of the Net Mortgage Rates of the Mortgage Loans as of the first day of the calendar month immediately preceding such Distribution Date.
Weighted Average Rate means --------------------- the weighted average of the rates of interest that are in effect under the Note on the first day of each calendar month (applicable for the previous month) falling within the Loan Term with. respect to each of the Portions of Principal that comprise the entire outstanding principal balance of the Loan.
Weighted Average Rate means the weighted mean of the rates of interest as the case may be applicable to the Loan.
Weighted Average Rate means, with respect to any date of determination, a per annum rate equal to (1) the sum of (a) the product of (x) the outstanding principal amount of the Class A-1 Notes on such date and (y) the Class A-1 Rate, plus (b) the product of (x) the outstanding principal amount of the Class A-2 Notes on such date and (y) the Class A-2 Rate, plus (c) the product of (x) the outstanding principal amount of the Class A-3 Notes on such date and (y) the Class A-3 Rate, plus (d) the product of (x) the outstanding principal amount of the Class B Notes on such date and (y) the Class B Rate, divided by (2) the outstanding principal amount of all of the Notes on such date; provided, that if the date of determination is a Payment Date, then the outstanding principal amount of any class of Notes shall be determined after giving effect to all payments made on such date.
Weighted Average Rate means the interest rate of the Lease Contracts under fixed interest rates (the “Fixed Rate Contracts”) weighted by Outstanding Principal Amount.The tables below provide a breakdown of the Initial Portfolio as at 30 April 2006 by (i) pool; (ii) outstanding value; (iii) origination date; (iv) maturity; (v) remaining maturity; (vi) seasoning; (vii) region; (viii) geographical distribution; (ix) payment frequency; (x) interest rate; (xi) gross spread; (xii) gross yield; (xiii) residual balance and (xiv) current loan-to-value. BREAKDOWN OF INITIAL PORTFOLIO BY POOLAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY OUTSTANDING VALUEAmounts in Euro Outstanding Value BREAKDOWN OF INITIAL PORTFOLIO BY ORIGINATION DATEAmounts in Euro YearsBREAKDOWN OF INITIAL PORTFOLIO BY MATURITYAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY REMAINING MATURITYAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY SEASONINGAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY REGIONAmounts in Euro BREAKDOWN OF INITIAL PORTFOLIO BY GEOGRAPHICAL DISTRIBUTIONAmounts in Euro *Northen Regions include: Lombardy, Veneto, Emilia Romagna, Piedmont, Trentino Alto Adige, Liguria, Friuli Venezia Giulia, Valle D’Aosta. **Central Regions include: Marche, Abruzzo, Lazio, Umbria and Tuscany. ***Southern Regions include: Campania, Sicily, Sardinia, Puglia, Molise, Calabria and Basilicata. BREAKDOWN OF INITIAL PORTFOLIO BY PAYMENT FREQUENCYAmounts in Euro