Debt Concentration Factor definition

Debt Concentration Factor shall be determined pursuant to the following table, provided that notwithstanding any other provision of this Appendix A, the Collateral Percentage shall be 100% with respect to the relevant Position if its related Issuer Position Concentration is equal to or greater than 10% of the Portfolio Gross Market Value.

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Debt Concentration Factor shall be determined pursuant to the following table.

Debt Concentration Factor shall be determined pursuant to the following table, provided that notwithstanding any other provision of this Appendix, the Collateral Percentage with respect to the relevant Position if the Issuer Concentration is equal to or greater than 75% shall be determined by BNPP PB in its sole discretion.

Examples of Debt Concentration Factor in a sentence

The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (A) the Debt Core Collateral Rate and (B) the product of (1) the Debt Core Collateral Rate and (2) the Debt Concentration Factor.
The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (A) the Debt Core Collateral Rate and (B) the product of (1) the Debt Core Collateral Rate and (2) the sum of the Debt Concentration Factor and the Debt Liquidity Adjustment; provided that the Collateral Percentage for any debt security which trades below 40% of its nominal value shall be 100%.
The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (x) the Debt Core Collateral Rate and (y) the product of (i) the Debt Core Collateral Rate and (ii) the sum of the Debt Concentration Factor, the Debt Liquidity Adjustment, and the Country Concentration Factor, provided that the Collateral Percentage for any debt security trading below 40% of its nominal value shall be 100%.
The Collateral Percentage for a Position consisting of (a) U.S. Government Securities shall be 6% and (b) all other applicable Debt Securities shall be the sum of (i) the Debt Core Collateral Rate and (ii) the product of (A) the Debt Core Collateral Rate and (B) the sum of the Debt Concentration Factor and the Debt Liquidity Adjustment; provided that the Collateral Percentage for any debt security which trades below 40% of its nominal value shall be 100%.
The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (A) the Debt Core Collateral Rate and (B) the product of (1) the Debt Core Collateral Rate and (2) the sum of the Debt Concentration Factor and the Debt Liquidity Adjustment; provided that the Collateral Percentage for any debt security which trades below 40% of its par value shall be 100%.

More Definitions of Debt Concentration Factor

Debt Concentration Factor shall be determined pursuant to the following table. Equal to or greater than 5% and less than 10% 0.5 For the avoidance of doubt, the Collateral Requirements set forth herein are limited to the types and sizes of securities specified herein. The Collateral Requirement for any Position or part of a Position not covered by the terms of this Appendix A shall be determined by BNPP PB in its sole discretion. One-off Collateral Requirements - From time to time BNPP PB, in its sole discretion, may agree to or choose to apply, a lower Collateral Requirement than the Collateral Requirement determined pursuant to this Appendix A for the portfolio or for one or more Positions or Eligible Securities in the portfolio; provided that, for the avoidance of doubt, the commitment in Section 6(a) of the Committed Facility Agreement shall apply only with respect to the Collateral Requirement determined in accordance with this Appendix A and BNPP PB shall have the right at any time to increase the Collateral Requirement up to the Collateral Requirement that would be required as determined in accordance with this Appendix A.