Cap Adjustment Amount definition

Cap Adjustment Amount means: (a) if Closing Available Cash (as defined in the BCA) is equal to or in excess of $225 million, then an amount equal to $0; and (b) if Closing Available Cash is less than $225 million, then an amount equal to such shortfall.
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Cap Adjustment Amount means: (i) if Closing Available Cash is equal to or in excess of two hundred twenty-five million dollars ($225,000,000) then an amount equal to $0; and (ii) if Closing Available Cash is less than two hundred twenty-five million dollars ($225,000,000) then an amount equal to such shortfall.
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Cap Adjustment Amount means, the sum of the notional balance of all cap contracts previously assigned to the REMIC that have matured prior to such Distribution Date.
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Examples of Cap Adjustment Amount in a sentence

  • If the Closing Price of the Underlying Parcel on the Final Maturity Date is greater than the Capped Level, you will be required to pay a Cap Adjustment Amount for each Underlying Parcel equal to the difference between the Closing Price of the Underlying Parcel and the Capped Level.

  • UBS will not charge the investor any costs incurred in connection with selling Underlying Securities to pay the Cap Adjustment Amount.

  • On request, UBS will liaise with a Holder to agree a process for the Holder to pay any Cap Adjustment Amount by that time.

  • This is an estimate only and will likely change.If a Cap Adjustment Amount is due and this amount has not been received by UBS in full on or before Closing Time on the Final Maturity Date, you instruct the Security Trustee to transfer to UBS, or as it may direct, unencumbered legal title to so many of the Underlying Securities as necessary to pay the outstanding Cap Adjustment Amount.

  • You may obtain full legal ownership of the Underlying Parcel within 20 Business Days after the Final Maturity Date by giving a valid and effective Completion Notice and paying the Completion Payment and any Cap Adjustment Amount to UBS in respect of your UBS Capped Instalments during the Completion Notice Period.UBS Capped Instalments are “European” style warrants, which means that you cannot obtain full legal ownership of the Underlying Parcel prior to the Final Maturity Date.

  • This might involve the Holder giving UBS a direct debit instruction to cover the amount of the Cap Adjustment Amount, or paying to UBS an amount that is sufficient to cover the Cap Adjustment Amount.During the Completion Notice Period UBS will, on request, give a Holder an estimate of the Cap Adjustment Amount calculated as if the relevant time was Closing Time on the Final Maturity Date.

  • See relevant Supplementary PDS for the Series Further information in the relevant Supplementary PDS The Underlying Securities, Loan Amount, maximum Borrow Fee, Final Maturity Date, Capped Level and the formula for calculating the Cap Adjustment Amount for a Series are specified in the relevant Supplementary PDS for the Series that accompanies this PDS.

  • If the Loan is not repaid by the Final Maturity Date, the Holder is liable to pay a TFN Amount to UBS, the Holder is liable to pay a Cap Adjustment Amount to UBS, or if the Holder fails to pay Taxes in accordance with the Instalment Deed, then UBS may exercise its power of sale and dispose of the Underlying Parcel and pay the proceeds in accordance with the Order of Payment and/or appoint one or more Receivers.

  • The Cap Adjustment Amount for a Series is calculated in the manner set out in the relevant Supplementary PDS.

  • If the Closing Price of the Underlying Parcel on the Final Maturity Date is greater than the Capped Level, Holders must pay UBS the Cap Adjustment Amount.

Related to Cap Adjustment Amount

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Allocation Amount means, as of the Closing Date, the Series 2017-2 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-2 Stated Principal Amount resulting from the issuance of additional Series 2017-2 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-2 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Adjustment Escrow Amount means $1,000,000.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Tax Limitation Amount means the maximum amount which may be placed as the Appraised Value on the Applicant’s Qualified Property for maintenance and operations tax assessment in each Tax Year of the Tax Limitation Period of this Agreement pursuant to Section 313.054 of the TEXAS TAX CODE.