Buffer Amount definition

Buffer Amount has the meaning set forth in Section 2.8(e)(i)b..

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Buffer Amount means the following with respect to an issuance of auto-callable buffered securities:

Buffer Amount means, for any security with a buffer feature, the percentage specified in the applicable pricing supplement by which the final index value, final share price or final basket value, as applicable, may decline from the initial index value, initial share price or initial basket value, as applicable, before you will lose any part of the stated principal amount per security.

Examples of Buffer Amount in a sentence

• The Issuer shall only agree to a withdrawal by VWFS of a Collateral RV Buffer Amount posted with respect to a Purchased Receivable subject to a Payment Holiday With Term Extension or a Further Payment Holiday With Term Extension outside of the Order of Priority if the related Purchased Receivable is repurchased in accordance with the Receivables Purchase Agreement or the Redelivery Repurchase Agreement.

• The Servicer will only be entitled to request a withdrawal of a Collateral RV Buffer Amount posted with respect to a Purchased Receivable subject to a Payment Holiday With Term Extension outside of the Order of Priority if the related Purchased Receivable is repurchased in accordance with the Receivables Purchase Agreement or the Redelivery Repurchase Agreement.

• The Servicer will only be entitled to request a withdrawal of a Collateral RV Buffer Amount posted with respect to a Purchased Receivable subject to a Payment Holiday With Term Extension or Further Payment Holiday With Term Extension outside of the Order of Priority if the related Purchased Receivable is repurchased in accordance with the Receivables Purchase Agreement or the Redelivery Repurchase Agreement.

• In respect of each Purchased Receivable in relation to which the Servicer grants a Payment Holiday With Term Extension, the Servicer will, on the Payment Date following the end of the relevant Monthly Period during which such Payment Holiday With Term Extension or Further Payment Holiday With Term Extension was granted, deposit an amount equal to the Collateral RV Buffer Amount onto the Collateral RV Ledger.

• On each Payment Date, the Servicer will credit the Collateral RV Ledger with the Collateral RV Buffer Amount in respect of any Purchased Receivable which has been subject to a Payment Holiday With Term Extension during the relevant Monthly Period.

• The Issuer shall only agree to a withdrawal by VWFS of a Collateral RV Buffer Amount posted with respect to a Purchased Receivable subject to a Payment Holiday With Term Extension outside of the Order of Priority if the related Purchased Receivable is repurchased in accordance with the Receivables Purchase Agreement or the Redelivery Repurchase Agreement.

• The Issuer shall only agree to a withdrawal by VWFS of a Collateral RV Buffer Amount posted with respect to a Purchased Receivable subject to a Payment Holiday With Term Extension or a Further Payment Holiday with Term Extension outside of the Order of Priority if the related Purchased Receivable is repurchased in accordance with the Receivables Purchase Agreement.

More Definitions of Buffer Amount

Buffer Amount means 20%.

Buffer Amount means 10%.