Cumulative Net Present Value definition

Cumulative Net Present Value means, in respect of a SwapClear STM Contract and a Business Day (as such term is defined in the SwapClear STM Terms relating to that SwapClear STM Contract) falling after the Trade Date, a hypothetical value, determined by the Clearing House acting in its sole and absolute discretion, equal to:the aggregate of the amounts (if any) payable by the SwapClear Clearing Member to the Clearing House (expressed as a positive number) under Section 4.1 of the SwapClear STM Terms from, and including, the Trade Date to, but excluding, that Business Day; plusif such SwapClear STM Contract has been converted from a SwapClear CTM Contract, the aggregate of the amounts (if any) of variation margin determined to be payable by the SwapClear Clearing Member to the Clearing House (expressed as a positive number) from, and including, the Trade Date, to, and including, the STM Conversion Date relating to such SwapClear STM Contract; plusthe aggregate of the amounts (if any) payable by the Clearing House to the SwapClear Clearing Member (expressed as a negative number) under Section 4.1 of the SwapClear STM Terms from, and including, the Trade Date, to, but excluding, that Business Day; plusif such SwapClear STM Contract has been converted from a SwapClear CTM Contract, the aggregate of the amounts (if any) of variation margin determined to be payable by the Clearing House to the SwapClear Clearing Member (expressed as a negative number) from, and including, the Trade Date, to, and including, the STM Conversion Date relating to the SwapClear STM Contract.
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Cumulative Net Present Value means, where a Total Required Margin Amount relates to an Individual Segregated Account held by a Clearing Member on behalf of an Individual Segregated Account Clearing Client, if and to the extent that Client Excess is available in one or more other Individual Segregated Accounts held by such Clearing Member on behalf of the same Individual Segregated Account Clearing Client, a deduction by the Clearing House from the other Individual Segregated Account(s) of that Client Excess has the meaning assigned to it in Regulation [57A]
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Cumulative Net Present Value means, in respect of an STM Cleared Transaction and a Cash Payment Day falling after the Trade Date, a hypothetical value, determined by LCH SA acting in its sole and absolute discretion, equal to:
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Examples of Cumulative Net Present Value in a sentence

  • On the basis of, amongst other things, the net present value so calculated in relation to a relevant SwapClear Contract, the Clearing House shall calculate the Cumulative Net Present Value of that SwapClear Contract.

  • Table 11: Proposed Project Cumulative Net Present Value of Benefits & Benefit Cost Ratios at Varying Discount Rates Figure 2: Proposed Project: NPVs and BCRs at Varying Discount Rates Lowering the base discount rate from 7% down to 3% shows that the net benefits and BCR are sensitive to the application of an alternative discount rate.

  • Table VI.16—Summary of Cumulative Net Present Value for Boilers[Discounted at three percent] * Numbers in parentheses indicate negative NPV.

  • Relative to the normal lifetime scenario, NPV decreases due to the significant increase in incremental equipment costs, since more lamps needto be shipped as they have shorter lifetimes.Table VII.22—Summary of Cumulative Net Present Value for Incandescent Reflector Lamps—‘‘Baseline Lifetime Scenario’’ DOE also estimated the national employment impacts that would result from each TSL.

  • Cumulative Net Present Value for Twenty Years (90 Percent Paper Waste) 34Figure 4.

  • Table V.2 Cumulative Net Present Value of Consumer Benefits for GSFLs (billions of 2021 USD); 9 Years of Shipments (2026–2034) and 30 Years of Shipments (2026–2055) Discount Rate The NPV results based on the aforementioned 9-year analytical period are also presented in Table V.2. The impacts are counted over the lifetime of GSFLs purchased in 2026-2034.

  • Ms Penhaligon indicated that it is “important that we keep moving quickly” and that “we will hope for the best that the decision is set aside at a later date rather than the day the finding is handed down.” The Department’s intention to have Mrs Grass’ approval reconsidered was foreshadowed before the Federal Magistrates Court (see Grass), and Cameron FM ultimately made orders setting aside Ms Slattery’s decision to take effect on a specified later date.

  • The Revenue Requirement here refers to the cost-benefit method called the Cumulative Net Present Value Revenue Requirement method.

  • Table V.23—Summary of Cumulative Net Present Value for Non-Standard Size PTACs and PTHPs Trial standard levelPTAC NPV *(million 2007$)PTHP NPV *(million 2007$)* Numbers in parentheses indicate negative NPV, i.e., a net cost.

  • Table 5.4: ACM/FASA Cumulative Net Present Value Graph charts the results, showing break-even on a month-to-month basis at around month six and break-even on a net present value basis in month twenty.


More Definitions of Cumulative Net Present Value

Cumulative Net Present Value means, in respect of a SwapClear STM Contract and a Business Day (as such term is defined in the SwapClear STM Terms relating to that SwapClear STM Contract) falling after the Trade Date, a hypothetical value, determined by the Clearing House acting in its sole and absolute discretion, equal to:
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Cumulative Net Present Value means:in respect of a ForexClear STM Contract that is not a ForexClear Option Contract and a business day (as such term is defined in the ForexClear STM Terms relating to that ForexClear STM Contract) falling after the Trade Date, a hypothetical value, determined by the Clearing House acting in its sole and absolute discretion, equal to:the aggregate of the amounts (if any) payable by the ForexClear Clearing Member to the Clearing House (expressed as a positive number) under Section 4.1 (or Section 10.1, if the ForexClear STM Contract is a ForexClear NDF STM Contract) of the applicable ForexClear STM Terms from, and including, the Trade Date to, but excluding, that business day; plusif such ForexClear STM Contract has been converted from a ForexClear CTM Contract, the aggregate of the amounts (if any) of variation margin determined to be payable by the ForexClear Clearing Member to the Clearing House (expressed as a positive number) from, and including, the Trade Date, to, and including, the US ForexClear STM Conversion Date relating to such ForexClear STM Contract; plusthe aggregate of the amounts (if any) payable by the Clearing House to the ForexClear Clearing Member (expressed as a negative number) under Section 4.1 (or Section 10.1, if the ForexClear STM Contract is a ForexClear NDF STM Contract) of the ForexClear STM Terms from, and including, the Trade Date, to, but excluding, that business day; plusif such ForexClear STM Contract has been converted from a ForexClear CTM Contract, the aggregate of the amounts (if any) of variation margin determined to be payable by the Clearing House to the ForexClear Clearing Member (expressed as a negative number) from, and including, the Trade Date, to, and including, the US ForexClear STM Conversion Date relating to the ForexClear STM Contract.in respect of a ForexClear STM Contract that is a ForexClear Option Contract, the sum of the Premium Cumulative Net Present Value and the Option Cumulative Net Present Value.
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Related to Cumulative Net Present Value

  • Net Present Value means the net present value calculated as at 30 September in the year in which the relevant Reference Notice is given or, where in any year no Reference Notice is given under paragraph 14 but the Water Services Regulation Authority gives a notice to the Appointee under paragraph 15, as at 30 September in the year in which the Water Services Regulation Authority gives the notice, by discounting subsequent cash flows and inflating earlier cash flows at the Appropriate Discount Rate, assuming all cash flows in any Charging Year occur on 30 September in that Charging Year; a "Notified Item" is any item notified by the Water Services Regulation Authority to the Appointee as not having been allowed for (either in full or at all) in making a Relevant Determination; and for the purpose of this definition:

  • Cumulative Net Income means, in respect of any Performance Period, the aggregate cumulative amount of the Adjusted Net Income for the calendar or other fiscal years of the Company during such Performance Period.

  • Cumulative Net Loss Ratio means, as of any Payment Date, the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of Receivables that became Defaulted Receivables plus all the Cram Down Losses (without duplication) which occurred during the period from the Cut-Off Date through the end of the related Collection Period reduced by the amount of Liquidation Proceeds with respect to Defaulted Receivables received during such period which are applied to principal of the Defaulted Receivables to (ii) the Pool Balance as of the Cut-Off Date.

  • Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into.

  • Cumulative Net Losses means, as of any date of determination, the aggregate cumulative principal amount of all Receivables that have become Liquidated Receivables since the Initial Cutoff Date, net of all Net Liquidation Proceeds and Recoveries with respect to such Receivables as of last day of the most recently ended Collection Period.

  • Current Value shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Cumulative Net Loss Test With respect to any Payment Date, a test that will be satisfied if the Cumulative Net Loss Percentage does not exceed the applicable percentage indicated below: Payment Date occurring in the period Percentage March 2017 to February 2018 0.10% March 2018 to February 2019 0.20% March 2019 to February 2020 0.30% March 2020 to February 2021 0.40% March 2021 to February 2022 0.50% March 2022 to February 2023 0.60% March 2023 to February 2024 0.70% March 2024 to February 2025 0.80% March 2025 to February 2026 0.90% March 2026 to February 2027 1.00% March 2027 to February 2028 1.10% March 2028 to February 2029 1.20% March 2029 and thereafter 1.30% Current Accrual Rate: With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related current Accounting Net Yield; and (ii) the related current mortgage rate thereon (as adjusted for any modifications) minus 0.35%.

  • Cumulative Interest Expense means, in respect of any Restricted Payment, the sum of the aggregate amount of Consolidated Interest Expense of the Issuer and the Restricted Subsidiaries for the period from and after January 1, 2005 to the end of the Issuer’s most recently ended fiscal quarter for which internal financial statements are available and immediately preceding the proposed Restricted Payment.

  • Discounted present value means the present value of future payments determined by discounting the payments to the present using the most recently published applicable federal rate for determining the present value of an annuity, as issued by the internal revenue service.

  • Present Value means the amount as of a date certain of one or more sums payable in the future, discounted to the date certain. The discount is determined by the interest rate specified by the parties if the rate was not manifestly unreasonable at the time the transaction was entered into; otherwise, the discount is determined by a commercially reasonable rate that takes into account the facts and circumstances of each case at the time the transaction was entered into.

  • Cumulative Net Realized Tax Benefit for a Taxable Year means the cumulative amount of Realized Tax Benefits for all Taxable Years of the Corporate Taxpayer, up to and including such Taxable Year, net of the cumulative amount of Realized Tax Detriments for the same period. The Realized Tax Benefit and Realized Tax Detriment for each Taxable Year shall be determined based on the most recent Tax Benefit Schedule or Amended Schedule, if any, in existence at the time of such determination.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Cumulative Excess Cash Flow means the amount equal to the sum of Excess Cash Flow (but not less than zero for any Fiscal Year) for the Fiscal Year ending on December 31, 2022 and Excess Cash Flow (but not less than zero in any Fiscal Year) for each succeeding and completed Fiscal Year.

  • Cumulative Servicing Amount means the sum of the Period Servicing Amounts for every consecutive twelve-month period prior to and ending on the True-Up Measurement Date in respect of each of the Shared-Loss Agreements during which the loss- sharing provisions of the applicable Shared-Loss Agreement is in effect.

  • Cumulative Loss Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred from the Cut-off Date to the last day of the calendar month preceding the month in which such Distribution Date occurs and the denominator of which is the Cut-off Date Pool Principal Balance of the Mortgage Loans.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Cumulative Retained Excess Cash Flow Amount means, at any date of determination, an amount equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for the Excess Cash Flow Periods ended on or prior to such date.

  • Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.