MTM Amount definition

MTM Amount means, for any Calculation Date, the greater of (x) the sum of MTM Amount (PJM) plus the MTM Amount (ERCOT) and (y) zero.

MTM Amount means, on any day, the sum of

MTM Amount means in relation to a Covered Transaction, the total cost, loss or, as the case may be gain (including any loss of bargain, cost of funding or, without duplication, cost, loss or gain as a result of the termination, liquidation, obtaining, performing or re-establishing of any hedge or related trading position) as a result of the closing out, unwinding, cancelling, termination or otherwise of each Covered Transaction (having due regard to, if appropriate, in the sole and absolute discretion of Ebury Markets, such market quotations published on, or official settlement prices set by, a relevant exchange or clearing house as may be available on, or immediately preceding, the date of calculation);

Examples of MTM Amount in a sentence

• In addition, on the Delivery Date, the Issuer shall pay to the relevant Noteholder its pro rata share of the Negative MTM Amount, if any.

• On each Business Day the Calculation Agent shall determine the MTM Amount in respect of the Charged Agreement.

• If on any day the MTM Amount is equal to or greater than the product of (a) 3 per cent.

• Potential for other District Councils to follow our lead and for the HIA model to become unviable in Somerset, leading to in house solutions needing to be designed at a greater cost and TDBC being unable to fully deliver its statutory duty in the interim.

• Every share entitles its bearer to one vote in the Shareholders’ Meeting.

• Payment of any Interest MTM Amount shall be made by the relevant party on the Business Day following the date on which the Interest Participation Portion has been adjusted following the occurrence of a Rebalancing on any Rebalancing Date, a Crash-Out Date or an Equity Adjustment Date.

• On each date that the Interest Participation Portion is increased or decreased, an amount (the " Interest MTM Amount") shall be determined equal to the Value of the Interest Participation Swap immediately prior to such increase or deduction minus the Value of the Interest Participation Swap immediately after such increase or deduction (each as determined by the Determination Agent assuming that the Funding Amounts are paid in full and on a timely basis by the Funding Swap Counterparty).

• If the Interest Participation Proportion is decreased, the absolute value of such Interest MTM Amount shall become due to the Interest Participation Swap Counterparty by the Issuer.

• The payment by the Issuer of the Early Redemption Amount (or, as applicable, the Delivery of the Early Redemption Entitlement), Prepayment Redemption Amount and/or any portion of an Negative MTM Amount in respect of each Note determined as set forth above shall be in full and final satisfaction of all claims whether of principal, interest or otherwise accruing at any time in respect of such Note, whether before or after such date.

• If the Interest Participation Proportion is increased, the absolute value of such Interest MTM Amount shall become due to the Issuer by the Interest Participation Swap Counterparty.

More Definitions of MTM Amount

MTM Amount means the notional unwind cost of the Credit Swap as determined by the Calculation Agent pursuant to the MTM Valuation Method in good faith but otherwise in its sole and absolute discretion.

MTM Amount means, in respect of any Business Day, the notional unwind amount of the Charged Agreement were the Charged Agreement to be terminated on such Business Day as determined by the Calculation Agent in good faith and in its sole discretion.

MTM Amount means, in respect of any Business Day, the notional unwind amount of the Charged Agreement were the Charged Agreement to be terminated on such Business Day, provided that, for the purposes of determining such unwind amount, the ‘Initial Exchange’ and ‘Final Exchange’ under paragraph 2 of the Charged Agreement shall be disregarded, as determined by the Calculation Agent in good faith and in its sole discretion.

MTM Amount means, on any day, an amount converted into EUR in accordance with the Reference Exchange Rate on such date (as determined by the Calculation Agent) equal to the sum of:

MTM Amount means, with respect to a Valuation Date, the sum of the aggregate of all Hedge Exposure Increases that have occurred since the last MTM Reset Date, minus the aggregate of all Hedge Exposure Decreases that have occurred since the last MTM Reset Date and plus the aggregate of all MTM Revolving Loans made since the last MTM Reset Date; provided that the MTM Amount shall not be less than zero.