Notional definition

Notional funds" shall be the amount in excess of Net Assets that SBFM and the Advisor have agreed will be employed in determining the level of trading by the Advisor on behalf of the Partnership.
Notional means the quantity of the FX CFD Underlying Asset referencing the Base Currency. For each FX CFD, we will determine the minimum amount of Base Currency which is negotiable. This amount will be published on the Forex Platform when placing the order.
Notional means, in respect of a Valuation Date, the Base Currency Equivalent of the Notional Amount (being the Fixed Rate Notional Amount or the Tracker Rate Notional Amount as applicable) for the Calculation Period which includes such Valuation Date.

Examples of Notional in a sentence

  • The Initial Notional Amount of this Certificate is set forth above.

  • The foregoing provisions are intended to distribute to each Class of Regular Certificates any accrued and unpaid interest and principal to which they are entitled based on the Pass-Through Rates and actual Class Certificate Balances or Notional Amounts set forth in the Preliminary Statement upon liquidation of the Trust Fund.

  • Only Classes with an outstanding Certificate Balance or Notional Amount, as applicable, greater than zero as of the record date of the vote shall be permitted to vote.

  • Upon the transfer of any Certificate in accordance with the preceding sentence, the Trustee shall execute, and the Authenticating Agent shall authenticate and deliver to the transferee, one or more new Certificates of the same Class and evidencing, in the aggregate, the same aggregate Certificate Principal Amount (or Notional Amount) as the Certificate being transferred.

  • Mortgage Pass-Through Certificates, Series 200____-____ Class [ ] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the "Mortgage Loans") secured by first liens on one- to four-family residential properties CWALT, Inc., as Depositor The Notional Amount of this certificate at any time, may be less than the Notional Amount as set forth herein.


More Definitions of Notional

Notional means payout per unit of shortfall in the virtual energy Index. Notional is set equal to the actual loss that would be incurred by the Insured per unit of shortfall in actual power production, based on documentary evidence submitted by the Insured. This evidence could be tariff applicable for the plant over the cover period, as demonstrated by the Insured’s power purchase agreement or any other similar evidence
Notional means, in respect of a Valuation Date, the higher of: (i) the Base Currency Equivalent of the Currency Amount applicable to Party A’s payment obligations; (ii) the Base Currency Equivalent of the Currency Amount
Notional means the Notional Amount of the Relevant Transaction. “Fitch Criteria”, shall result in the change to the definition of Credit Support Amount set out in this Appendix. Where any of the Notes are rated by Fitch Ratings and where the unsubordinated and unsecured long-term and short-term debt obligations of Party A (or, if applicable, the highest rated of Party A and any guarantor or co-obligor of Party A) are respectively rated: (1) at or above A and F1 by Fitch Ratings, Credit Support Amount shall mean zero; (2) subject to paragraphs (3) and (4) below, at or below A- and F2 by Fitch Ratings, the Credit Support Amount shall mean the amount calculated in accordance with the following formula: CA = max[MtM + (VC x LA x 70% x N);0]
Notional funds. For purposes hereunder, the term of "Net Assets" shall be deemed not to include any "notional" funds, except as otherwise mutually agreed upon by the prior written consent of all of the parties hereto.
Notional. = an amount equal to the aggregate of the product of EURO 7.80 and the number of Remaining Shares on such day;
Notional has the meaning given to the term "Notional Amount" in the Confirmation dated on or about the date of this Annex.
Notional means, in respect of a Valuation Date, the higher of: (i) the Base Currency Equivalent of the Currency Amount applicable to Party A’s payment obligations; (ii) the Base Currency Equivalent of the Currency Amount applicable to Party B’s payment obligations, in each case for the Calculation Period which includes such Valuation Date.