Exposure Period definition

Exposure Period means the period commencing on a given Valuation Date and ending 45 days thereafter.

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Exposure Period means the period commencing on (and including) a given Valuation Date and ending 41 days thereafter.

Exposure Period means April 25, 2014 to the Execution Date.

Examples of Exposure Period in a sentence

• For purposes of determining in clause (b) of the preceding sentence whether the Discounted Value of Moody's Eligible Assets at least equals the Municipal Preferred Basic Maintenance Amount, the Moody's Discount Factors applicable to Moody's Eligible Assets shall be determined by reference to the first Exposure Period longer than the Exposure Period then applicable to the Trust, as described in the definition of Moody's Discount Factor herein.

• Fitch Rating Category --------------------------------- Fitch Exposure Period AAA AA A BBB F1/1/ Unrated/2/ --------------------- --- --- --- --- ---- --------- 7 weeks......................................

• For purposes of determining in clause (b) of the preceding sentence whether the Trust has maintained Moody's Municipal Preferred Asset Coverage, the Moody's Discount Factors applicable to Moody's Eligible Assets shall be determined by reference to the first Exposure Period longer than the Exposure Period then applicable to the Trust, as described in the definition of Moody's Discount Factor herein.

• The Discounted Value of segregated securities is determined by reference to the S&P Exposure Period from the date of calculation to the contract expiration date.

• The Fitch Discount Factor applied to Short-Term Money Market Instruments will be (A) 100%, so long as such portfolio securities mature or have a demand feature at par exercisable within the Exposure Period and (B) 125%, so long as such portfolio securities neither mature nor have a demand feature at par exercisable within the Exposure Period and are rated at least F1/AA by Fitch, A-1/AA by ▇▇▇▇▇'▇, or A1/AA by S&P.

More Definitions of Exposure Period

Exposure Period means the period commencing on a given Valuation Date and ending 41 days thereafter for Fitch and 49 days thereafter for ▇▇▇▇▇'▇.

Exposure Period on a Valuation Date means the period commencing on such date and ending 42 days thereafter, as such exposure period may be modified by resolution of the Board of Trustees and without amending the By-Laws of the Fund; provided, however, that the Fund shall have received confirmation in writing from the Rating Agency that any such modification shall not adversely affect such Rating Agency's then-current rating of the APS.

Exposure Period means the period commencing on (and including) a given Valuation Date and ending 30 calendar days thereafter.

Exposure Period on a Valuation Date means the period commencing on such date and ending 42 days thereafter for Fitch and 49 days thereafter for Moody's, as such exposure period may be modified by resolution of the Board of Trustees; provided, however, that the Trust shall have received confirmation in writing from each Rating Agency that any such modification shall not adversely affect such Rating Agency's then-current rating of the AMPS.

Exposure Period means the period of seven days after lodgement of this OIS which may be extended by the ASIC by not more than seven days pursuant to section 727(3) of the Corporations Act.

Exposure Period means the period commencing on a given Valuation Date and ending 45 days thereafter. (hh) "FAILURE TO DEPOSIT," with respect to shares of a Series, shall mean a failure by the Trust to pay to the Auction Agent, not later than 12:00 noon, Eastern time, (A) on any Distribution Payment Date for shares of such Series, in funds available on such Distribution Payment Date in New York, New York, the full amount of any distribution (whether or not earned or declared) to be paid on such Distribution Payment Date on any share of such Series or (B) on any redemption date in funds available on such redemption date for shares of such series in New York, New York, the Redemption Price to be paid on such redemption date for any share of such Series after notice of redemption is mailed pursuant to paragraph (c) of Section K of Part I of Article X; provided, however, that the foregoing clause (B) shall not apply to the Trust's failure to pay the Redemption Price in respect of Preferred Shares when the related Notice of Redemption provides that redemption of such shares is subject to one or more conditions precedent and any such condition precedent shall not have been satisfied at the time or times and in the manner specified in such Notice of Redemption. (ii) "FITCH" shall mean Fitch Ratings and its successors. (jj) "FITCH DISCOUNT FACTOR" means for the purposes of determining the Preferred Shares Basic Maintenance Amount, the percentage determined below: (i) Common Stock and Preferred Stock of REITs and Other Real Estate Companies: DISCOUNT FACTOR (1) REIT or Other Real Estate Company Preferred Shares 154% REIT or Other Real Estate Company Common Shares 196%

Exposure Period means the one (1) year beginning at 12:00 a.m. midnight Bermuda Time on January 1, 2001 and ending at 12:00 a.m. midnight Bermuda Time on January 1, 2002.