Equity Floor definition

Equity Floor shall have the meaning as set forth in Section 8.2(h) of the Agreement.
Equity Floor shall have the meaning assigned to such term in the Indenture.
Equity Floor means as of any date of determination, the greater of (i) the eight largest (determined by Adjusted Outstanding Loan Balance) Eligible Loans (and if a single Obligor or any of its Affiliates is the obligor of more than one Eligible Loan, all of the Eligible Loans owed by such Obligor or such Affiliates shall be treated as a single Eligible Loan) or (ii) $20,000,000.

Examples of Equity Floor in a sentence

  • Only Participants who were identified as of May 31, 2000, to receive a Final Average Pay Cash Balance benefit are entitled to have the Pension Equity Floor calculation described in Section 5.2.

  • If the Pension Equity Floor is greater than the Cash Balance Unrestricted Benefit, the Pension Equity Floor shall be substituted in place of the Cash Balance Unrestricted Benefit under Section 4.3, 4.4, or 4.5, as applicable.

  • For purposes of calculating the Unrestricted Benefit using the Cash Balance Formula under Sections 4.3, 4.4, 4.5 and 5.2, and for purposes of calculating the Pension Equity Floor under Article V, annual Compensation taken into account shall be limited to the greater of $1,000,000 or 200% of the Participant’s Base Compensation in effect on the last day of each applicable Plan Year (or if earlier, the date of Termination).

  • Pursuant to CBOE Rule 2.40, on September 1, 1999, the Exchange’s Equity Floor Procedure Committee (‘‘EFPC’’) approved the following fees for the following option classes: surcharges were assessed on these options after their designation to DPMs.

  • At the Effective Time, Seller’s shareholders’ equity shall not be less than the Equity Floor.

  • If delivery is not made on time, the counterparty must serve DYKA with a written notice of default and set DYKA a reasonable term within which it can still meet its obligations.

  • You have also learnt formulae to determine the sum of a specific number of terms of a geometric series.

  • Caplan and M.J. Graham, "The growth and structure of oxide films formed on Fe in O2 and CO2 at 550°C," Oxidation of Metals 11(2), pp.

  • Summary of Equity Charges (p 2/3)*—PACE Specialist Charge 2 I$.20 per PHLX Specialist Trade against PACE Executions (Not applicable to PACE trades on the opening) Equity Floor Brokerage Assessment I$250 monthly charge 3Equity Floor Brokerage Transaction Fee I$.05 per 100 shares or fraction thereof, for floor broker executing transactions for their own member firms.SEC FeeThe amount shall be determined by Section 31 of the Securities Exchange Act of 1934.

  • Amendment No. 1 withdrewthe proposed changes to the Equity Floor Procedure Advice 2–B because these changes have beenapproved already by the Commission.

Related to Equity Floor

  • SOFR Floor means a rate of interest per annum equal to zero basis points (0.00%).

  • OC Floor An amount equal to 0.50% of the Pool Balance as of the Cut-Off Date.

  • Ground floor means a floor of a building with a building entrance on an accessible route. A building may have more than one ground floor.

  • Mezzanine Floor means an intermediate floor between two floors, above ground level, accessible only from the lower floor;

  • Floor means the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to USD LIBOR.

  • Terrace means a relatively level step constructed in the face of a graded slope surface for drainage and maintenance purposes.

  • LIBOR Floor means 0.00%.

  • Crosswalk means that part of a roadway at an intersection included within the connections of the

  • Park or "parking" when prohibited means the standing of a vehicle, whether occupied or not, except when standing temporarily for the purpose of and while actually engaged in loading or unloading merchandise or passengers;

  • Suite means an elevated box or suite which is customarily an enclosed private or collective compartment inside the Stadium, with direct access to guests’ Seats, which are separated from other Seats in the Stadium.

  • Lane means a public thoroughfare which provides a secondary means of access to a parcel or parcels and which is registered in a land titles office;

  • Tower means any structure built for the sole or primary purpose of supporting any FCC-licensed or authorized antennas and their associated facilities, including structures that are constructed for wireless communications services including, but not limited to, private, broadcast, and public safety services, as well as unlicensed wireless services and fixed wireless services such as microwave backhaul, and the associated site.

  • Total Floor Area means, the sum total of the total areas of all floors in a building or structure whether at above or below grade measured between the exterior faces of the exterior walls of the building or structure or from the centre line of a common wall separating two uses or from the outside edge of a floor where the outside edge of the floor does not meet an exterior or common wall, and;

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Airside means, generally, those areas of an Airport which requires a person to pass through a security checkpoint to access. References to "sterile areas" generally mean Airside areas within terminal buildings. References to "Airfield", "Aircraft Operations Area", "AOA", or "Secured areas" generally mean outdoor Airside areas or areas not accessible to passengers.

  • Rate Center means the specific geographic point that has been designated by a given LEC as being associated with a particular NPA-NXX code that has been assigned to the LEC for its provision of Telephone Exchange Service. The Rate Center is the finite geographic point identified by a specific V&H coordinate, which is used by that LEC to measure, for billing purposes, distance sensitive transmission services associated with the specific Rate Center.