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.

  • Cumulative Net Present Value4,5E+094E+093,5E+093E+092,5E+092E+091,5E+091E+095000000000-5E+08Base CaseCase A Case B Case CCase DTime (Years)NOKComparison of all Cases Graph 5: Cumulative Net Present Value for all cases.

  • The data collected were analyzed using correlation and regression analyses.

  • Cumulative Net Present Value of Earnings for Common" for Purposes of the James River/Wausau Papers Special Contrxxxx.

  • The efficiencies of each heating system have been accounted for in the following Cumulative Net Present Value curves.

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

  • Table V.20 Cumulative Net Present Value of Consumer Benefits for DPPP Motors; 30 Years of Shipments [2026–2055) Discount rateTrial standard level12345678 (billion 2020$)3 percent ..........................................................................7 percent ..........................................................................0.70.41.10.61.40.72.31.12.71.35.42.76.33.06.33.0 The NPV results based on the aforementioned 9-year analytical period are presented in Table V.21.

  • Cumulative Net Present Value Comparison of Resource Plans to FPL Plan 2 When reviewing the resource plans only two, identified in the table above by asterisks, come close to the savings of DBEC Unit 7 while also meeting the 2024 system need.

  • The utility would be required to use the Cumulative Net Present Value Revenue Requirement method (“Revenue Requirement Test”).33 If the Department finds there are net benefits to all customers and approves a metering initiative, the utility would construct the system.


More Definitions of Cumulative Net Present Value

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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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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Related to Cumulative Net Present Value

  • Net Present Value means, as to a specified or ascertainable dollar amount, the present value, as of the date of calculation of any such amount using a discount rate equal to the Base Rate in effect as of the date of such calculation.

  • 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 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 Compounded RFR Rate means, in relation to a Loan (or any part of it) accruing interest at the Compounded Reference Rate, the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15C (Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • 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 sum of Excess Cash Flow (but not less than zero in any period) for the fiscal year ending on December 31, 2013 and Excess Cash Flow for each succeeding 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.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • 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.

  • Annualized Interest Expense means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share of interest expense, with other adjustments as are necessary to exclude the effect of items classified as extraordinary items, in accordance with generally accepted accounting principles, reduced by amortization of debt issuance costs and adjusted to reflect the assumption that (i) any interest expense related to indebtedness incurred since the first day of such four-quarter period is computed as if such indebtedness had been incurred as of the beginning of such period, and (ii) any interest expense related to indebtedness that was repaid or retired since the first day of such four-quarter period is computed as if such indebtedness had been repaid or retired as of the beginning of such period (except that, in making such computation, the amount of interest expense related to indebtedness under any revolving credit facility shall be computed based upon the average daily balance of such indebtedness during such four-quarter period).

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

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Base Interest Fraction With respect to any Principal Prepayment on any Mortgage Loan and with respect to any Class of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-AB, Class A-S, Class B, Class C, Class D and Class E Certificates, a fraction (a) whose numerator is the amount, if any, by which (i) the Pass-Through Rate on such Class of Certificates exceeds (ii) the discount rate used in accordance with the related Loan Documents in calculating the Yield Maintenance Charge with respect to such Principal Prepayment (or, if the Yield Maintenance Charge is a fixed percentage of the principal balance of the related Mortgage Loan, the yield rate applicable to any related yield maintenance charge or that is otherwise described in the related Loan Documents) and (b) whose denominator is the amount, if any, by which (i) the Mortgage Rate on such Mortgage Loan exceeds (ii) the discount rate used in accordance with the related Loan Documents in calculating the Yield Maintenance Charge with respect to such Principal Prepayment (or, if the Yield Maintenance Charge is a fixed percentage of the principal balance of the related Mortgage Loan, the yield rate applicable to any related yield maintenance charge or that is otherwise described in the related Loan Documents); provided, however, that under no circumstances shall the Base Interest Fraction be greater than one. If the discount rate referred to in the preceding sentence is greater than or equal to both of (x) the Mortgage Rate on the related Mortgage Loan and (y) the Pass-Through Rate described in the preceding sentence, then the Base Interest Fraction shall equal zero, and if such discount rate is greater than or equal to the Mortgage Rate on such Mortgage Loan, but less than the Pass-Through Rate described in the preceding sentence, then the Base Interest Fraction shall equal one.

  • 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, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for all Excess Cash Flow Periods ending after the Closing Date and 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.