Margin Change definition

Margin Change means (i) for each calendar year commencing with the 2016 calendar year to and including the 2032 calendar year, two and one-half percent (2.50%) and (ii) for the 2033 calendar year and each calendar year thereafter, one and one-half percent (1.50%).
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Margin Change shall have the meaning set forth in Section 2.3.5. hereof.
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Margin Change shall have the meaning set forth in Section 2.4.5. hereof.
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Examples of Margin Change in a sentence

  • On April 15, the card issuer may apply the 14% non-variable rate to the $2,000 balance and to new transactions even if the variable rate on March 2 or a later date was less than 14%.* * * * *55(b)(7) Index Replacement and Margin Change Exception1.

  • As was testified to at the hearing on the motion for the preliminary injunction, the Index Change for 2016 was 0.8% for that year, meaning the annual rate adjustment for 2017 was only 3.3% (0.8% Index Change + 2.5% Margin Change).

  • Unit: RMB’000 Product Turnover Cost in Core Business Gross Margin YOYTurnover Change (%) YOY Change in Costs of Core Business (%)YOY Gross Margin Change (PercentagePoints) I.

  • This presentation familiarizes the students with the unique American musical form called doo- wop through a cappella music of the ’50s and ’60s.

  • Operating Profit and Operating Margin Change in %€ millions, except for operating margin 2013 In 2013, our operating profit totaled€4,479 million (2012: €4,041 million), a significant year-over-year increase despite adverse currency effects.

  • Drivers of the Market Equilibrium Reserve Margin Change from 2018 to 2020 Study Given the MERM in this study is 2.00 percentage points higher than the MERM found in the 2018 study, intuition suggests that ERCOT would be more reliable at MERM now.

  • Net Sales2Q’21 %2Q’20 %Change%Cable11,981.6 Operating Segment Income32Q’21 Margin 2Q’20 Margin Change% % %Cable5,020.141.91 For segment reporting purposes, intersegment operations are included in each of the segment operations.2 The sale of the Company’s Radio business was concluded on July 2, 2020.

  • Operating Profit and Operating Margin Change in %€ millions, except for operating margin 2014 In 2014, SAP continued to invest in innovation and made substantial advances in the cloud business.

  • For raising funding initially (that is, short-term success), ‘the most significant factor’ is the interconnectedness of the founders to other ecosystem stakeholders.

  • Year Forward P/E60.0x40.0x20.0x0.0xForward P/E Target Upside Downside Source: FactSet, Jefferies estimates Long Term Financial Model Drivers2015-20E Earnings CAGR +105%2015-20E Revenue CAGR +6%2015-20E Operating Margin Change +27% Other ConsiderationsWe forecast WW peak sales of $1.8bn for antipsychotic Rexulti across all indications in partnership with Otsuka, including$1.4bn in the US.

Related to Margin Change

  • Margin Call means the situation when the Company informs the Client to deposit additional Margin when the Client does not have enough Margin to open or maintain open positions.

  • Margin Deficit shall have the meaning assigned thereto in Section 6(a) hereof.

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.

  • Adverse Recommendation Change has the meaning assigned in Section 5.7(f).

  • Potential Change of Control Announcement means any public announcement or statement by the Issuer or by any actual or potential bidder or any designated adviser thereto relating to any specific or any near-term potential Change of Control (whereby "near-term" shall mean that such potential Change of Control is reasonably likely to occur, or is publicly stated by the Issuer or by any such actual or potential bidder or any such designated adviser to be intended to occur, within four months of the date of such announcement or statement).

  • Service Change has the meaning set forth in Section 2(B) of the Agreement.

  • Specified Change of Control a “Change of Control” (or any other defined term having a similar purpose) as defined in the Senior Subordinated Note Indenture.

  • Margin Ratio is the percentage of the value of the Collateral up to which the Customer is permitted to borrow (or otherwise to secure other forms of financial accommodation) from the Company against the Collateral.

  • Accounting Change refers to any change in accounting principles required by the promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants or, if applicable, the SEC.

  • Termination Upon Change of Control shall not include any termination of the employment of the Executive (a) by the Company for Cause; (b) as a result of the Permanent Disability of the Executive; (c) as a result of the death of the Executive; or (d) as a result of the voluntary termination of employment by the Executive for reasons other than Good Reason.

  • Step Up Rating Change means the first public announcement by S&P or, if applicable, any other Rating Agency appointed by or with the consent of Heimstaden Bostad, of a decrease in the credit rating of Heimstaden Bostad's senior unsecured long-term debt to below BBB- (in the case of S&P) or below Baa3 (in the case of Moody's) or below BBB- (in the case of Fitch). For the avoidance of doubt, any further decrease in the credit rating of Heimstaden Bostad's senior unsecured long-term debt below BBB- in the case of S&P or, if applicable, below Baa3 in the case of Moody's or below BBB- in the case of Fitch and in respect of any other Substitute Rating Agency, an equivalent rating or below shall not constitute a further Step Up Rating Change.

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Notes and the Securities issued together with the Notes), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Design Change is a change in work and/or materials shown in the Schedule of Items and described in Plans or specifications that has been mutually agreed to in writing or ordered by Contracting Officer. Changes of a minor nature (such as adjustment in horizontal and vertical alignment, that do not exceed specified tolerance, necessary to maintain or balance earthwork quantities substantially as designed) and variation in quantities, as described in B5.251, shall not be considered Design Changes.

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.

  • Significant change means a major decline or improvement in the tenant’s status which does not normally resolve itself without further interventions by staff or by implementing standard disease-related clinical interventions that have an impact on the tenant’s mental, physical, or functional health status.

  • Change in Recommendation has the meaning set forth in Section 6.02(a).

  • Pro Forma Transaction means any transaction consummated as part of any Permitted Acquisition, together with each other transaction relating thereto and consummated in connection therewith, including any incurrence or repayment of Indebtedness.

  • Change of Control Date means the date on which a Change of Control occurs.

  • Program change means any elimination, curtailment or reorganization of a curriculum offering, program or school operation or a reorganization or closing of a school or consolidation of two or more individual schools or school districts that is unrelated to financial exigency.

  • Change is defined in Section 3.2.

  • Step Down Rating Change means the first public announcement by S&P and, if applicable, each other Rating Agency appointed by or with the consent of Heimstaden Bostad, after a Step Up Rating Change, that the credit rating of Heimstaden Bostad's senior unsecured long-term debt is at least BBB- in the case of S&P and, if applicable, at least Baa3 in the case of Moody's and at least BBB- in the case of Fitch with the result that, following such public announcement, no Rating Agency assigns a credit rating below the aforementioned levels or any equivalent rating. For the avoidance of doubt, any further increase in the credit rating of Heimstaden Bostad's senior unsecured long-term debt above BBB- in the case of S&P and, if applicable, at least Baa3 in the case of Moody's and at least BBB- in the case of Fitch and in respect of any other Substitute Rating Agency, an equivalent rating or above shall not constitute a further Step Down Rating Change;

  • Change in 1940 Act Law shall have the meaning set forth in the definition of "Investment Company Event."

  • Significant Transaction means a transaction which meets any one of the tests below: