Minimum Target Amount definition

Minimum Target Amount means (i) initially, $250,000,000 and (ii) following any increase to the aggregate Commitments hereunder, an amount equal to the aggregate Commitments hereunder.
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Minimum Target Amount means a minimum amount of Total Subscriptions as defined with respect to each Sub-fund in the relevant Sub-fund factsheet to be reached during the Initial Offering Period. "Net Asset Value" or "NAV" the net asset value of the Fund, a Sub-fund, a Class or per Unit as determined in accordance with the relevant provisions under chapter 15 "Net Asset Value". "OECD" Organization for Economic Cooperation and Development. "PRIIPs KID" key information document within the meaning of the PRIIPs Regulation. "PRIIPs Regulation" Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs), as amended from time to time. "Prospectus" this prospectus as amended or supplemented from time to time. "Qualifying Portfolio Undertaking" shall have the meaning ascribed to them in chapter 3 “Investment policy and restrictions”. "Redemption Day" as defined in chapter 13 "Unit Redemption". "Redemption Price" as defined in chapter 13 "Unit Redemption". "RESA" the Luxembourg Recueil Electronique des Sociétés et Associations. "Retail Investor" an Investor who is not a Professional Investor. "Sub-fund" a specific portfolio of assets and liabilities within the Fund having its own Net Asset Value and represented by one or more Class(es). Each Sub-fund’s name shall be deemed to contain at its beginning the terms AZIMUT ELTIF. Any reference to "Fund" shall also mean "Sub-fund" where the context requires. "Subscription Agreement" means the form of commitment agreement or application for subscriptions (as the case may be) in relation to Units of a Sub-fund, to be executed by each Investor. "Subscription Day" any Business Day designated by the Company upon which Unitholders are admitted to the relevant Sub-fund and Units will be issued to Unitholders, subject to receipt of (i) the Subscription Agreement in a satisfactory form and (ii) cleared funds by the Depositary or its agents (if any) of the relevant subscription amount, and including, for the avoidance of doubt, the First Subscription Day. "Subscription Period" as defined in chapter 12 "Unit Issue and Subscription Price". "Subscription Price" as defined in chapter 12 "Unit Issue and Subscription Price".
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Minimum Target Amount means $370,000,000; provided that such amount shall be increased pro rata in connection with any increase in the Facility Amount pursuant to Section 2.21. ‑46‑
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Examples of Minimum Target Amount in a sentence

  • New Fund Offer, New Fund Offer Period, New Fund Offer Price, Extension / Pre-poning of the New Fund Offer Period, Minimum Amount for Application in the NFO, Minimum Target Amount, Maximum Amount to be raised, Allotment & Refund and Special Products / facilities available during the NFOThese sections are not applicable as there is Continuous offer of Units of the Scheme at NAV based prices.

  • New Fund Offer, New Fund Offer Period, New Fund Offer Price, Minimum Amount for Application in the NFO, Minimum Target Amount, Maximum Amount to be raised, Allotment, Refund and Special products / facilities available during the NFO These sections do not apply to the Scheme covered in this SID, as the ongoing offer of the Scheme has commenced after the NFO, and the Units are available for continuous subscription and redemption.

  • Refund In accordance with the SEBI Regulations, if the Scheme fails to collect the Minimum Target Amount as specified above, the Fund shall be liable to refund the Subscription money to the applicants Bank account registered with DPs. In case DP ID & Client ID provided in the application form is found to be incorrect / invalid, the refund shall be made in the Bank account from which AMC / Mutual Fund has received subscription.

  • New Fund Offer, New Fund Offer Period, New Fund Offer Price, Extension / Pre-poning of the New Fund Offer Period, Minimum Amount for Application in the NFO, Minimum Target Amount, Maximum Amount to be raised, Allotment & Refund and Special Products / facilities available during the NFOThese sections are not applicable as there is Continuous offer of Units of the Scheme (s) at NAV based prices.

  • New Fund Offer, New Fund Offer Period, New Fund Offer Price, Minimum Amount for Application in the NFO Period, Minimum Target Amount, Maximum Amount to be raised, Allotment, Refund and Special products / facilities available during the NFO These sections do not apply to the Scheme/Plan covered in this SID, as the ongoing offer of the Scheme/Plan has commenced after the NFO.

  • Minimum Amount for Application in the NFO Minimum Target Amount This is the minimum amount required to operate the Scheme and if this is not collected during the NFO period, then all the investors would be refunded the amount invested without any interest or return.

  • However, the AMC reserves the right to withdraw the Scheme even where the Minimum Target Amount is reached and refund the application moneys to the investors where, in the sole opinion of the AMC, the corpus size is not feasible for the AMC to manage the Scheme.

  • New Fund Offer, New Fund Offer Period, New Fund Offer Price, Minimum Amount for Application in the NFO Period, Minimum Target Amount, Maximum Amount to be raised, Allotment, Refund and Special products / facilities available during the NFO These sections do not apply to the Scheme covered in this SID, as the ongoing offer of the Scheme has commenced after the NFO, and the Units are available for continuous subscription and redemption.

  • New Fund Offer, New Fund Offer Period, New Fund Offer Price, Minimum Amount for Application in the NFO Period, Minimum Target Amount, Maximum Amount to be raised, Allotment, Refund and Special products/facilities available during the NFO These sections do not apply to the Scheme covered in this SID, as the ongoing offer of the Scheme has commenced after the NFO, and the Units are available for continuous subscription and redemption.

  • New Fund Offer, New Fund Offer Period, New Fund Offer Price, Minimum Amount for Application in the NFO, Minimum Target Amount, Maximum Amount to be raised, Allotment, Refund and Special products/ facilities available during the NFO These sections do not apply to the Scheme covered in this SID, as the ongoing offer of the Scheme has commenced after the NFO, and the Units are available for continuous subscription and redemption.

Related to Minimum Target Amount

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 81.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 86.20% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 84.30% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Target Amount is defined in Section 4.3(b)(i).

  • Senior Target Amount With respect to each Distribution Date, an amount equal to the lesser of (a) the product of (i) 77.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Overcollateralization Target Amount means 0.85% of the Adjusted Pool Balance as of the Cutoff Date.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • REMIC 2 Overcollateralization Target Amount 1.00% of the Overcollateralization Target Amount.

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Second Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(E).

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such date is equal to or greater than 5.00%.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

  • Net Amount means the Distribution Amount less the sum of all quarterly payments received by the COP Swap Counterparties under the COP Swap Collateral Agreement in respect of amounts owed under the COP Swap Agreements since January 1, 2014.

  • Target Overcollateralization Amount means, with respect to any Payment Date, 3.00% of the Adjusted Pool Balance as of the Cut-off Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and