Minimum Spread definition

Minimum Spread. 0.50% per annum.

Minimum Spread. A percentage per annum equal to ____% for Distribution Dates which occur prior to ___________ and equal to _____% for Distribution Dates which occur in __________ or thereafter.

Minimum Spread. RATE: Commencing on the tenth Payment Date, 0.50% per annum.

Examples of Minimum Spread in a sentence

• The test that is satisfied on any date of determination if the Weighted Average Spread plus the Excess Weighted Average Coupon equals or exceeds the Minimum Spread.

• A percentage equal as of any date of determination to a number obtained by multiplying (a) the excess, if any, of the Weighted Average Spread over the Minimum Spread by (b) the number obtained, including for this purpose any capitalized interest, by dividing the Aggregate Principal Balance of all Floating Rate Obligations by the Aggregate Principal Balance of all Fixed Rate Obligations.

• The spread is calculated as Contract Size * Lots * Minimum Spread Charge.

• The applicable “row/column combination” of the Minimum Diversity Score/Maximum Rating/ Minimum Spread Matrix chosen by the Collateral Manager (or by interpolating between two adjacent rows and/or two adjacent columns, as applicable).

• This Spread should be greater than or equal to the Minimum Spread defined for the product involved in the deposit contract.

More Definitions of Minimum Spread

Minimum Spread. Shall be a percentage per annum equal to 0% for Payment Dates which occur prior to July 1999 and equal to ____% for Payment Dates which occur in July 1999 or thereafter.

Minimum Spread. Shall be a percentage per annum equal to 0% for Distribution Dates which occur prior to March 2000 and equal to 0.50% for Distribution Dates which occur in March 2000 or thereafter.

Minimum Spread. With respect to each Group and Payment Date occurring from the Closing Date through and including the twelfth Payment Date after the Closing Date, 0.00% per annum. With respect to each Payment Date occurring after the twelfth Payment Date, 0.50% per annum.

Minimum Spread means, in respect of a Proposed Reference Entity, the lower of (A) 65 per cent. of the Offer Spread of the Replaced Reference Entity and 0.03%. SCHEDULE 3 REFERENCE PORTFOLIO GUIDELINES

Minimum Spread means the number set forth in the column entitled "Minimum Weighted Average Spread" in the Minimum Diversity Score/Maximum Rating/Minimum Spread Matrix set forth below based upon the applicable "row/column combination" chosen by the Collateral Manager (or interpolating between two adjacent rows and/or two adjacent columns, as applicable) in accordance with the Indenture, reduced by the Moody's Weighted Average Recovery Adjustment; provided that the Minimum Spread shall in no event be lower than 3.00%.

Minimum Spread. 0.75% per annum.

Minimum Spread. A percentage per annum equal to 0% for Distribution Dates which occur prior to April 2001 and 0.50% for Distribution Dates which occur in April 2001 or thereafter.