Net Par Amount Decrease definition

Net Par Amount Decrease means, with respect to any Business Day, the net decrease in the Up-MACRO Aggregate Par Amount, after giving effect to any Paired Issuances or Paired Optional Redemptions occurring on that Business Day.
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Examples of Net Par Amount Decrease in a sentence

  • Upon the settlement date for any creation, transfer, redemption or exchange of Up-MACRO Holding Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Up-MACRO Holding Shares represented by such Global Certificate.

  • Upon the settlement date for any creation, transfer, exchange or redemption of Up-MACRO Tradeable Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Up-MACRO Tradeable Shares represented by such Global Certificate.

  • Upon the settlement date for any creation, transfer, exchange or redemption of Down-MACRO Tradeable Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Down-MACRO Tradeable Shares represented by such Global Certificate.

  • Upon the settlement date for any creation, transfer, redemption or exchange of Down-MACRO Holding Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Down-MACRO Holding Shares represented by such Global Certificate.

  • On any Redemption Date on which a Net Par Amount Decrease occurred, Up-MACRO Holding Shares in an amount equal to such Net Par Amount Decrease shall be cancelled by the Trustee, on behalf of the Up-MACRO Holding Trust, in accordance with the procedures of the Depository.

  • On any Redemption Date on which a Net Par Amount Decrease occurred, Up MacroShares in an amount equal to such Net Par Amount Decrease shall be cancelled by the Trustee, on behalf of the Up Trust, in accordance with the procedures of the Depository.

  • On any Redemption Date on which a Net Par Amount Decrease occurred, Down MacroShares in an amount equal to such Net Par Amount Decrease shall be cancelled by the Trustee, on behalf of the Down Trust, in accordance with the procedures of the Depository.

  • Upon the settlement date for any creation, transfer, redemption or exchange of Up MacroShares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Up MacroShares represented by such Global Certificate.

  • On any Redemption Date on which a Net Par Amount Decrease occurred, Down-MACRO Holding Shares in an amount equal to such Net Par Amount Decrease shall be cancelled by the Trustee, on behalf of the Down-MACRO Holding Trust, in accordance with the procedures of the Depository.

  • Upon the settlement date for any creation, transfer, redemption or exchange of Down MacroShares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Down MacroShares represented by such Global Certificate.

Related to Net Par Amount Decrease

  • Decrease means a Mandatory Decrease or a Voluntary Decrease, as applicable.

  • Increased Amount Date shall have the meaning provided in Section 2.14(a).

  • Nominal Liquidation Amount Deficit means, for any tranche of notes, the Adjusted Outstanding Dollar Principal Amount minus the nominal liquidation amount of that tranche.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Aggregate Notional Amount means, with respect to any date of determination, an amount equal to the sum of the notional amounts or equivalent amounts of all outstanding Hedging Agreements, Replacement Hedging Agreements and Qualified Substitute Arrangements, each as of such date of determination.

  • Adjusted Capital Account Deficit means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments:

  • Increase has the meaning specified therefor in Section 2.14.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Maximum Yield Supplement Amount means with respect to any Collection Period and the related Deposit Date, after giving effect to the Yield Supplement Amount, the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Payment Date, which is equal to the present value (using an interest rate of: 0.25%) of the sum of all Yield Supplement Amounts for all future Payment Dates, assuming that future Scheduled Payments on the Discount Receivables are made on the date on which they are scheduled as being due.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Maximum Put Amount means the lesser of (i) Two Hundred Fifty Thousand Dollars ($250,000), or (ii) Two Hundred Fifty percent (250%) of the average of the Dollar Volume for the twenty (20) Trading Days immediately preceding the Put Date.

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Lot line adjustment means the relocation of the property boundary line in a

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • AMOUNT DUE means, the amount which is the total of the purchase price of the lot and the tax payable on it, which a successful tenderer shall have to pay. The purchase price along with tax payable on the storage / purchased quantity in addition to the notified quantity will also be included in it.

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Total Amount Due means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;

  • Maximum Principal Amount the meaning set forth in Section 2.1(a).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Net Positive Adjustments means, with respect to any Partner, the excess, if any, of the total positive adjustments over the total negative adjustments made to the Capital Account of such Partner pursuant to Book-Up Events and Book-Down Events.

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Class B Loss Percentage With respect to any Determination Date and any Class of Class B Certificates then outstanding, the percentage calculated by dividing the Principal Balance of such Class by the Class B Principal Balance (determined without regard to any Principal Balance of any Class of Class B Certificates not then outstanding), in each case determined as of the preceding Determination Date.