Notional Value definition

Notional Value means the US Dollar equivalent of the price at which the Bank agreed to purchase or sell to the Borrower a Foreign Currency.

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Notional Value of a Transaction means the aggregate sum of Contract Price times Quantity, as of the Trade Date.

Notional Value means, with respect to any U.S. Treasury Future, the trading unit of such U.S. Treasury Future designated by the Chicago Board of Trade.

Examples of Notional Value in a sentence

• The product of the Notional Value and the Delta for each Equity Investment shall not in the aggregate exceed the Fund Value.

• Party B shall have an “Independent Amount”, which means an amount that is equal to ten percent (10%) of the Notional Value of all Outstanding Transactions if at any time during the term of such Outstanding Transaction(s), Party B or its Guarantor has a Credit Rating below Investment Grade or does not have a Credit Rating.

• The initial Capital Account balance in respect of each Class D Unit issued on the Class D Unit Issuance Date shall be the Class D Unit Notional Value, which amount shall be reallocated from the Capital Account balance of the General Partner.

• Subject to the immediately succeeding sentence and Section 4.17(j), each Class E Unit shall have a notional value equal to the Class E Unit Notional Value.

• The initial Capital Account balance in respect of each Class E Unit issued on the Class E Unit Issuance Date shall be the Class E Unit Notional Value.

More Definitions of Notional Value

Notional Value has, (i) with respect to a Fixed Income Security, the meaning provided in Section 3.02(a)(ii); (ii) with respect to a Fixed Income Future, the meaning provided in Section 3.02(b)(i); (iii) with respect to a Fixed Income Derivative, the meaning provided in Section 3.02(c)(ii); (iv) with respect to an Equity Security, the meaning provided in Section 3.03(a)(iii); (v) with respect to an Equity Future, the meaning provided in Section 3.03(b)(i); and (vi) with respect to an Equity Option, the meaning provided in Section 3.03(c)(B). For the avoidance of doubt, it is understood that "Notional Value" shall in all cases be a positive number.

Notional Value means the REC Quantity multiplied by the REC Price, as specified in Appendix A. PJM means the PJM Interconnection, a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. Production Tax Credits or PTCs mean the federal production tax credit for the production of electricity from wind pursuant to 26 U.S.C. § 45 or any substantially similar successor provision.

Notional Value means the REC Quantity multiplied by the REC Price, as specified in Appendix A. Party or Parties means Buyer or REC Supplier, individually or collectively, as applicable. PJM means the PJM Interconnection, a regional transmission organization that coordinates the movement of wholesale electricity in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia. Production Tax Credits or PTCs mean the federal production tax credit for the production of electricity from wind pursuant to 26 U.S.C. § 45 or any substantially similar successor provision. Project Benefits means Production Tax Credits, investment tax credits, or other direct, third-party federal, state or local subsidies, incentives, grants, credits, rebates or funding for the purchase, ownership, construction or operation of a Renewable Energy Resource generating facility, or the generation of electricity or production of RECs by a Renewable Energy Resource generating facility. Public Utilities Commission of Ohio or PUCO means the Public Utilities Commission of Ohio which is the governing body responsible for certifying eligible Ohio Renewable Energy Resource generating facilities.

Notional Value means the gross rental that a willing tenant might be expected to pay in respect of the dwelling when completed.

Notional Value means and include conversion charges as may be prescribed and penalty in cases of regularisation, plus the cost of land in case of encroachment on Government agricultural land

Notional Value means the aggregate notional monetary amount the Investment Manager allocates to the assets of the PCC;

Notional Value means, with respect to any FX Transaction, the U.S. Dollar value of such transaction (the U.S. Dollar equivalent of the price at which the Bank agreed to sell to the Borrower a Foreign Currency or the price at which the Bank agreed to purchase of a Foreign Currency from the Borrower).