OC Valuation consists of calculating the Level of Overcollateralization (defined below) on the relevant Calculation Date and comparing it with the Guide OC Minimum.
OC Valuation has the meaning given to it in Schedule 11 of the Guarantor Agreement;
OC Valuation has the meaning given to it in Schedule 11 of the Guarantor Agreement; “Offer Period” has the meaning specified in the applicable Final Terms;
Examples of OC Valuation in a sentence
Following the 2017 New Guide OC Valuation Implementation Date, for so long as the Covered Bonds remain outstanding, the Partnership must ensure that, on each date that the Asset Coverage Test is calculated, the Partnership (or the Cash Manager on its behalf) performs the OC Valuation as set out in Schedule 11.
For so long as the Covered Bonds remain outstanding, the Partnership must ensure that, on each date that the Asset Coverage Test is calculated, the Partnership (or the Cash Manager on its behalf) performs the OC Valuation as set out in Schedule 11.
More Definitions of OC Valuation
OC Valuation is added to Article 1 of the Master Definitions and Construction Agreement in alphabetical order as follows:
OC Valuation has the meaning given to it in Schedule 11 of the Limited Partnership Agreement;
OC Valuation has the meaning given to it in Schedule 11 of the Limited Partnership Agreement; “Official List” means the official list of Euronext Dublin;