Obligor Diversity Measure. As of any date of determination, the number obtained by dividing (a) 1 by (b) the sum of the squares of the quotients, for each Obligor, obtained by dividing (i) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations) issued by such Obligor by (ii) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations).
Obligor Diversity Measure. As of any date of determination, the number equal to (A) the reciprocal of (B) the sum of the squares, determined with respect to each Obligor, of (i) the Principal Balance of each Collateral Obligation of such Obligor with an S&P Rating of “CCC-” or higher divided by (ii) the aggregate Principal Balance on such date of all Collateral Obligations with an S&P Rating of “CCC-” or higher.
Obligor Diversity Measure. The meaning specified in Schedule 7.
Examples of Obligor Diversity Measure in a sentence
S&P Obligor Diversity Measure: The value calculated by determining the Aggregate Principal Balance of the S&P CLO Specified Assets from each Obligor and its affiliates, then dividing each of these amounts by the Aggregate Principal Balance of S&P CLO Specified Assets from all the Obligors in the portfolio, squaring the result for each Obligor, then taking the reciprocal of the sum of these squares.
Obligor Diversity Measure: As of any date of determination, the number obtained by dividing (a) 1 by (b) the sum of the squares of the quotients, for each Obligor, obtained by dividing (i) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations) issued by such Obligor divided by (ii) theaggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations).
In this case, all expenses for the rectification of defects or replacement delivery shall be borne by the Supplier.
Finally, construct a strategic performance evaluation index system for listed power companies and low-carbon factor indicators to guide the company's low-carbon factors to the strategic goals of each link, and improve the company's environmental awareness.
More Definitions of Obligor Diversity Measure
Obligor Diversity Measure means the figure derived by the Collateral Manager through the application of the formula for “Obligor Diversity Measure” set forth on Schedule H attached hereto, which schedule may be amended from time to time to reflect the then-current formula provided by S&P.
Obligor Diversity Measure means the figure derived by the Collateral Manager through the application of the formula for "Obligor Diversity Measure" set forth on Schedule H attached hereto.
Obligor Diversity Measure means, as of any date of determination, the number obtained by dividing (a) 1 by (b) the sum of the squares of the quotients, for each Obligor, obtained by dividing (i) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations) issued by such Obligor divided by (ii) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations).
Obligor Diversity Measure. As of any date of determination, the number obtained by dividing (a) 1 by (b) the sum of the squares of the quotients, for each Obligor, obtained by dividing (i) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations) issued by such Obligor by (ii) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations). “Offer”: The meaning specified in Section 10.10(c). “Offering”: The offering of any Notes pursuant to the relevant Offering Circular. “Offering Circular”: Each offering circular relating to the offer and sale of the Notes, including any supplements thereto. “Officer”: (a) With respect to any corporation, the Chairman of the Board of Directors (or, with respect to the Issuer, its members or its designated manager), the President, any Vice President, the Secretary, an Assistant Secretary, the Treasurer or an Assistant Treasurer of such entity and (b) with respect to the Issuer and any limited liability company, any managing member or manager thereof or any person to whom the rights and powers of management thereof are delegated in accordance with the limited liability company agreement of such limited liability company. “Opinion of Counsel”: A written opinion addressed to the Trustee, the Issuer, if applicable, and, if required by the terms hereof, S&P, in form and substance reasonably satisfactory to the Trustee (and, if so addressed, S&P), of an attorney admitted to practice, or a nationally or internationally recognized and reputable law firm one or more of the partners of which are admitted to practice, before the highest court of any State of the United States or the District of Columbia, which attorney or law firm, as the case may be, may, except as otherwise expressly provided herein, be counsel for the Issuer and which attorney or law firm, as the case may be, shall be reasonably satisfactory to the Trustee. Whenever an Opinion of Counsel is required hereunder, such Opinion of Counsel may rely on opinions of other counsel who are so admitted and so satisfactory, which opinions of other counsel shall accompany such Opinion of
Obligor Diversity Measure. As of any date of determination, the number obtained by dividing (a) 1 by (b) the sum of the squares of the quotients, for each Obligor, obtained by dividing (i) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations) issued by such Obligor by (ii) the aggregate outstanding principal balance at such time of all Collateral Obligations (other than Defaulted Obligations). "Offer": The meaning specified in Section 10.8(c) (Release of Securities). "Offering": The offering of any Notes pursuant to the relevant Offering Circular. "Offering Circular": The offering circular relating to the offer and sale of the Notes dated September 13, 2024, including any supplements thereto. "Officer": (a) With respect to the Issuer and any corporation, the Chairman of the Board of Directors (or, with respect to the Issuer, any director), the President, any Vice President, the Secretary, an Assistant Secretary, the Treasurer or an Assistant Treasurer of such entity or any