Patent ID: 7805346
Filing Date: 2010-09-28
Classification: G06Q

Abstract:
1. A computer-implemented method relating to pass-through certificates, the method comprising: determining, by a computer system, following issuance of the pass-through certificates by an issuer, whether a cash trap condition exists with respect to the pass-through certificates, wherein: wherein determining whether the cash trap condition exists comprises: wherein determining whether an under-harvest condition exists comprises determining, by the computer system, whether both (a) a total volume of harvested timber over one or more time periods meets a corresponding under-harvest threshold for the reference property for the one or more time periods and (b) a debt service coverage ratio (DSCR) for the certificates is at or below a DSCR under-harvest threshold value, and wherein the computer system is in communication with a database that stores data about timber harvested from the reference property, and wherein the computer system comprises a cash-trap determination module for determining whether the cash trap condition exists based on the data in the database.