Financing Level definition
Financing Level means, on the Initial Trade Date, for each Security an amount equal to $25. On any subsequent Monthly Valuation Date after the first Monthly Valuation Date, the Financing Level for each Security will equal the Current Principal Amount.
Financing Level means, on the Initial Trade Date, $25. On any subsequent Monthly Valuation Date after the first Monthly Valuation Date, the Financing Level will equal the Current Principal Amount.
Financing Level means, as of any date of determination, an amount that equals the Current Principal Amount.
More Definitions of Financing Level
Financing Level means, as of any date of determination, an amount equal to the Current Principal Amount.
Financing Level means, in respect of a reference date(t) during the reference period, an amount in the Settlement Currency determined by the calculation agent by reference to the following formula: FLt = (FLt-1 + AF).