Applicable Proportion definition

Applicable Proportion means (a) as to New NGC, the Applicable New NGC Proportion, and (b) as to HII, the Applicable HII Proportion.

Applicable Proportion means (a) as to GroceryCo, the Applicable GroceryCo Proportion and (b) as to SnackCo, the Applicable SnackCo Proportion.

Applicable Proportion means (a) as to Horizon, the Applicable Horizon Proportion, and (b) as to TriMas, the Applicable TriMas Proportion.

Examples of Applicable Proportion in a sentence

• If a Credit Event occurs with respect to any Reference Entity, the Applicable Proportion of the Credit Linked Notes will fall due for redemption at an amount equal in aggregate to the Early Cash Redemption Amount and no further payments of interest and/or principal in respect of the Applicable Proportion of such Notes will be due and payable.

• Each of New NGC and HII shall be responsible for its Applicable Proportion of any Shared Liability.

• Set out below is a description of the most common such features:Risk of Loss of InterestSave as otherwise provided in the relevant Final Terms, if a Credit Event occurs interest may be reduced from the Interest Suspension Accrual Date until such Applicable Proportion of the Credit Linked Notes is redeemed on an Applicable Proportion of the Credit Linked Notes.Risk of Loss of PrincipalInvestors bear the risk of a total loss of principal if a Credit Event and a Relevant Event Determination Date occur.

• Such termination shall take effect through a reduction of the Outstanding Tranche Notional Amount, each Reference Entity Notional Amount and the Aggregate Loss Determination Amount in the Applicable Proportion, together with such other reductions and modifications required as determined by the Calculation Agent to give effect to the partial termination of the Transaction.

• Such termination shall take effect through the reduction of the Notional Amount in the Applicable Proportion together with such other reductions and modifications as required by the Calculation Agent to give effect to the partial termination of the Transaction and no termination payment will be payable by either Party in respect of such termination.

More Definitions of Applicable Proportion

Applicable Proportion means (a) as to New Hertz Holdings, the Applicable Hertz Proportion and (b) as to HERC Holdings, the Applicable HERC Holdings Proportion.

Applicable Proportion means (a) as to TimkenSteel, the Applicable TimkenSteel Proportion, and (b) as to Timken, the Applicable Bearings Proportion.

Applicable Proportion means (a) as to EHP, the Applicable EHP Proportion and (b) as to EPC, the Applicable EPC Proportion.

Applicable Proportion means, in respect of a relevant Event Determination Date:

Applicable Proportion means the relative weighting (measured by fair market value, excluding accrued interest) of Total AUM invested in the applicable asset types to which each of the underlying indices of a Benchmark relates at the beginning of such quarter.

Applicable Proportion means in respect of a redemption of a Credit Linked Note:

Applicable Proportion means the number of Shares divided by the total number of shares in issue in the capital of the Company as at Completion; Business Day means a day (excluding Saturdays and Sundays) on which banks generally are open in Hong Kong for the transaction of normal banking business; Business IP means the registered and material unregistered Intellectual Property Rights owned by the Group, for which purpose registered includes registrations and applications for registration; Claim means any claim for breach of a Warranty or any claim under the Exemption Undertaking; Companies Ordinance means the Companies Ordinance (Chapter 32 of the Laws of Hong Kong);