Group ERC definition

Group ERC. ’ means the ERC projections for the Group. Group ERC is calculated by adding our UK Division’s ERC (based on a 120-month period) to our DACH Division’s ERC (based on a 180-month period) translated into pounds sterling at the applicable rate. Group ERC is presented here for illustrative purposes only and can be different from the forecasts used to calculate the carrying value of our purchased debt portfolios as recognized in our consolidated financial statements. Any references to Group ERC in this Offering Memorandum are references to a gross Group ERC calculation (which includes estimated gross collections in respect of the principal balance, costs, service costs and fees). While the underlying methodologies our UK Division and our DACH Division use to calculate ERC are generally consistent, no effort has been undertaken to harmonize these metrics and as a result, the ERC results for our UK Division and our DACH Division may not be directly comparable. Future results for our Group may vary significantly from the Group ERC presented herein. See ‘‘Presentation of Financial and Other Information—Non-Financial Operating Data;’’
Sample 1Sample 2Sample 3
Group ERC means the ERC projections for the Combined Business. Group ERC is calculated by adding Lowell’s ERC (based on a 120-month period) to GFKL’s ERC (based on a 180-month period) translated into pounds sterling at the applicable rate. Group ERC is presented here for illustrative purposes only and can be different from the forecasts used to calculate the carrying value of our purchased debt portfolios as recognized in our consolidated financial statements. Any references to Group ERC in this Report are references to a gross Group ERC calculation (which includes estimated gross collections in respect of the principal balance, costs, service costs and fees). While the underlying methodologies Lowell and GFKL use to calculate ERC are generally consistent, no effort has been undertaken to harmonize these metrics and as a result, the ERC results for Lowell and GFKL may not be directly comparable. Future results for our Combined Business may vary significantly from the Group ERC presented herein. See “Presentation of Financial and Other Information— Non-Financial Operating Data;”
Sample 1

Examples of Group ERC in a sentence

  • For more information about ERC, see ‘‘Presentation of Financial and Other Information—Non-Financial Operating Data.’’ Pro Forma Combined Group ERC (as a combined metric) was calculated, without adjustment.

  • Combined Group ERC was calculated based on the combination of the UK Division’s ERC for its purchased debt portfolios, the DACH Division’s ERC for its purchased debt portfolios, the Scandi Carve-out’s ERC for its purchased debt portfolios and the Norway Carve-out’s ERC for its purchased debt portfolios.

  • Group ERC (as a combined metric) as of September 30, 2017 was calculated, without adjustment, by adding our UK Division’s ERC (based on a 120-month period) to our DACH Division’s ERC (based on a 180-month period) translated into pounds sterling at the applicable rate, and is presented for illustrative purposes only.

  • Pro Forma Combined Group ERC is presented for illustrative purposes only and is not intended to be a projection of future results.

  • The funding is designed to help these researchers develop a research project on their own, enabling them to submit a project proposal for a junior research group during the funding period (Emmy Noether Programme, BMBF Junior Research Group, ERC Starting Grant, Heisenberg Programme or Helmholtz Junior Research Group Leader, etc.).

  • Further inferences are made, for example with respect to how the Weighted Average Life (WAL) of the portfolio-level ERCs would vary across the given economic scenario projections, to yield a revised Group ERC under each scenario.

  • This will then be taken to the DLC SEC, ESG Executive Committee and/or Group ERC, as appropriate.

  • Besides strength­ ening our business by building talents and EMPLOYEE COURSES IN DENMARK IN 2017 PersonalDevelopment Courses Language Courses ProductKnowledge Courses Team Building Courses Management Courses IT Courses 1­4 timesa year 2 times a year Per request Per request 2 times a year 1­4 timesa yearWith our Internationa l Tra inee Programme and other educational programmes, we offer our employ­ ees the opportunity to continu­ o u s ly g r o w t h e i r ta le n t s a n d acquire new skills.

  • Other Contact your Group ERC for assistance with transactions for the following countries: Myanmar (a.k.a. Burma): Special Case, contact ERO.

  • Risks deemed “material” are reported to the Group ERC and RMC via the ICAAP report.

Related to Group ERC

  • Group B means educational improvements for pupils in

  • Group 4 All of the Group 4 Certificates.

  • Group A means educational programs for career exploration, a

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Group Entity means any of the Company and Subsidiaries of the Company.

  • Group I The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group I, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Group 3 All of the Group 3 Certificates.

  • Premium payment plan means a benefit plan whereby school em- ployees may pay their share of group health plan premiums with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 125 or other sections of the Internal Revenue Code.

  • Distribution Plan means any plan or formula of allocation of the Net Settlement Fund, to be approved by the Court, upon notice to the Class as may be required, whereby the Net Settlement Fund shall in the future be distributed to Authorized Claimants.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Group the Company and its subsidiaries

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Group III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

  • Loan Group Cap The Loan Group I Cap or the Loan Group II Cap, as applicable.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • RemainCo shall have the meaning set forth in the Preamble.

  • Pension program means the defined benefit pension program of the Oregon Public Service

  • Minority Group means any of the following racial or ethnic groups:

  • Group 1 All of the Group 1 Certificates.

  • Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.