Initial Reference Portfolio Notional Amount definition

Initial Reference Portfolio Notional Amount means the aggregate of the Floating Rate Payer Calculation Amounts (EUR 2,000,000,000) for all of the Credit Derivative Transactions comprised in the Reference Portfolio as at the Effective Date.

Initial Reference Portfolio Notional Amount means the Reference Portfolio Notional Amount as at the Issue Date.

Initial Reference Portfolio Notional Amount means USD 5,000,000,000.

Examples of Initial Reference Portfolio Notional Amount in a sentence

• On any date, the sum of the Reference Entity Notional Amounts of Reference Entities in respect of which no Event Determination Date has occurred shall be equal to the Initial Reference Portfolio Notional Amount minus the sum of the Reference Entity Notional Amounts for those Reference Entities in respect of which an Event Determination Date has occurred on or prior to such date.

• Following any Adjustment, the sum of the Reference Entity Notional Amounts of Reference Entities that have been the subject of an Adjustment in the year ending on the relevant Adjustment Date must not exceed 20% of the Initial Reference Portfolio Notional Amount.

• On any date, the sum of the Reference Entity Notional Amounts of the Reference Entities which country of incorporation is not within the OECD shall not exceed 10% of the Initial Reference Portfolio Notional Amount.

• On any day, the Initial Reference Portfolio Notional Amount less, with respect to all Reference Entities as to which an Event Determination Date has occurred on or prior to such day, the aggregate of the Reference Entity Notional Amounts for such Reference Entities.

• On any date, the sum of the Reference Entity Notional Amounts of the Reference Entities that belong to the same S&P Industry Classification Group shall not exceed 26 per cent of the Initial Reference Portfolio Notional Amount.

More Definitions of Initial Reference Portfolio Notional Amount

Initial Reference Portfolio Notional Amount. ’ means £3,500,000,000.

Initial Reference Portfolio Notional Amount means EUR 250,000,000.The “Liquid Market Condition” shall be deemed satisfied with respect to any proposed Substitution upon receipt of confirmation from the Swap Counterparty, acting in good faith and in a commercially reasonable manner, of its determination that liquidity exists with respect to the relevant proposed Substituting Reference Entity insofar as such Substituting Reference Entity is traded and tradable in the credit default swap market.

Initial Reference Portfolio Notional Amount means EUR 10,000,000,000. "Issue Date" means 5 August 2008.

Initial Reference Portfolio Notional Amount means €4,492,354,940.41.

Initial Reference Portfolio Notional Amount means the Maximum Reference Portfolio Notional Amount on the Initial Closing Date, being EUR 7,000,000,000.

Initial Reference Portfolio Notional Amount means EUR 3,474,028,819.

Initial Reference Portfolio Notional Amount means EUR 5,000,000,000. "Issue Date" means 8 June 2007.