Rebalancing Amount definition

Rebalancing Amount means the amount by which the Eligible Investments and Feeder Fund Shares components of the Basket shall be adjusted such that the Exposure with respect to the Basket matches or is as close as is reasonably possible to the Theoretical Exposure, provided that the Exposure will not exceed 100 per cent.. For the avoidance of doubt, if the Theoretical Exposure is greater than 100 per cent. and the Determination Agent determines that a Rebalancing Event has occurred then the Rebalancing Amount will be calculated so that the Exposure to the Basket matches or is as close as reasonably possible to 100 per cent.;
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Rebalancing Amount means the amount by which the Eligible Investments and Feeder Fund Shares components of the Basket shall be adjusted such that the Exposure with respect to the Basket matches or is as close as is reasonably possible to the Theoretical Exposure and, "Rebalancing" when used in relation to the Basket shall be construed accordingly;
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Rebalancing Amount means an amount determined pursuant to Section 5(b) (Calculation of Rebalancing Amounts) of this Index Calculation Module (Allocation).
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Examples of Rebalancing Amount in a sentence

  • Any ABL Revolving L/C Rebalancing shall not require any further action other than the notice by the Administrative Agent to the Issuer of such ABL Revolving L/C Rebalancing, and letters of credit formerly outstanding under the ABL Credit Agreement shall to the extent of such ABL L/C Rebalancing Amount be Letters of Credit hereunder and shall no longer be ABL Letters of Credit.

  • Letters of credit formerly outstanding under the Existing Revolving Credit Agreement shall to the extent of such Existing L/C Rebalancing Amount be Letters of Credit hereunder and shall to such extent no longer be Existing Letters of Credit.

  • If Development Manager fails to pay the Interim Rebalancing Amount within fourteen (14) days after the receipt of Owner’s Payment Demand therefor, then Owner may, without notice to Development Manager, draw upon the Letter of Credit and use the proceeds from such draw to reimburse Owner for, or directly fund payment to third parties (including without limitation Development Manager) of, Project Costs.

  • Following any such recalculation, the Determination Agent shall deliver a revised Rebalancing Notice to the Portfolio Manager specifying the Value of each Swap Transaction comprised in the Notional Portfolio, the Reference Portfolio Value, the Cushion and the Bond Floor and the revised Rebalancing Amount (if any).

  • The Index Calculation Agent shall, in respect of each Index Valuation Date for an Index, determine a transaction cost amount (the “Transaction Cost Amount”) by first calculating the Rebalancing Amount, and then determining the appropriate Transaction Cost Amount in respect of that Rebalancing Amount.

  • The Portfolio Manager shall obtain Firm Value Quotes in respect of such Rebalancing Event in accordance with the "Value" provisions under paragraph 4.2 whereupon the Determination Agent shall, if applicable, recalculate the Cushion using such Firm Value Quotes and determine whether a Rebalancing Event has still occurred and, if applicable, the revised Rebalancing Amount.

  • Within five (5) days following payment of the Termination Rebalancing Amount, Owner shall return to Development Manager the original Letter of Credit (including all original amendments and renewals thereto) together with any unused proceeds from any draws on the Letter of Credit, and execute any documentation required to release Owner’s interest in the Letter of Credit.

  • Such notice shall specify the Value of each Swap Transaction comprised in the Notional Portfolio, the Reference Portfolio Value, the Cushion and the Bond Floor, the Target Equity Notional Amount, the absolute difference between the Aggregate Equity Notional Amount and the new Target Equity Notional Amount (the "Rebalancing Amount"), the minimum Aggregate Hedge Notional Amount that would be required in order to comply with the Hedge Guidelines and the Reference Index Spread Level (if applicable).

  • Upon payment of the Interim Rebalancing Amount, Development Manager may amend the Letter of Credit without Owner’s consent to reduce the stated amount by the Interim Rebalancing Amount.


More Definitions of Rebalancing Amount

Rebalancing Amount means an amount determined pursuant to Section 4(c) (Calculation of the Risk Controlled Portfolio Level (Step One)) of this Index Calculation Module.
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Related to Rebalancing Amount

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;

  • Period Servicing Amount means, for any twelve month period with respect to each of the Shared-Loss Agreements during which the loss-sharing provisions of the applicable Shared-Loss Agreement are in effect, the product of (i) the simple average of the principal amount of Shared-Loss Loans and Shared-Loss Assets (other than the Shared-Loss Securities) (in each case as defined in the Shared-Loss Agreements), as the case may be, at the beginning of such period and at the end of such period times (ii) one percent (1%).

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Maximum Revolving Amount At any date as of which same is to be determined, the amount by which (x) $3,500,000 exceeds (y) the sum of (i) all then undrawn amounts of letters of credit issued by the Bank for the account of the Borrower plus (ii) all amounts then drawn on any such letter of credit which at said date shall not have been reimbursed to the Bank by the Borrower.

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

  • Rounding Amount means, if the Relevant Currency is (a) USD or EUR, 1,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, (b) JPY, 100,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, or (c) any other currency, such amount approved by the relevant Convened DC and set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.

  • Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

  • Additional Refinancing Amount means, in connection with the Incurrence of any Refinancing Indebtedness, the aggregate principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in respect thereof.

  • Maturity Amount means the amount due at maturity with respect to a Capital Appreciation Bond.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Cumulative Servicing Amount means the sum of the Period Servicing Amounts for every consecutive twelve-month period prior to and ending on the True-Up Measurement Date in respect of each of the Shared-Loss Agreements during which the loss- sharing provisions of the applicable Shared-Loss Agreement is in effect.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • 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.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Loan Group II Cap With respect to the Group II Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Group II Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

  • Interest Remittance Amount For any Distribution Date and Loan Group, an amount equal to the sum of (1) all interest collected (other than related Payaheads, if applicable) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Loan Group during the related Collection Period, the interest portion of Payaheads previously received and intended for application in the related Collection Period and the interest portion of all Payoffs and Curtailments received on the Mortgage Loans in such Loan Group during the related Prepayment Period (other than interest on Principal Prepayments that occur during the portion of the Prepayment Period that is in the same calendar month as the related Distribution Date), less (x) the Servicing Fees (other than any Excess Servicing Fee) and any lender paid Primary Insurance Policy premiums with respect to such Mortgage Loans and (y) unreimbursed Advances and other amounts due to a Servicer, the Back-Up Servicer or the Trustee with respect to such Mortgage Loans, to the extent allocable to interest, (2) all Compensating Interest Payments paid by a Servicer with respect to the related Mortgage Loans with respect to such Distribution Date, (3) the portion of any Substitution Adjustment Amount and Repurchase Price paid with respect to such Mortgage Loans during the calendar month immediately preceding the Distribution Date, in each case allocable to interest and the proceeds of any purchase of the Mortgage Loans by the Terminating Entity pursuant to Section 9.01 in an amount not exceeding the interest portion of the Par Value, (4) all Net Liquidation Proceeds, and any Insurance Proceeds and other recoveries (net of unreimbursed Advances, Servicing Advances and expenses, to the extent allocable to interest, and unpaid Servicing Fees) collected with respect to such Mortgage Loans during the prior calendar month, to the extent allocable to interest, (5) any amounts withdrawn from the Capitalized Interest Amount to pay interest on the related Certificates with respect to such Distribution Date and (6) the aggregate Excess Servicing Fee to be distributed to the Class A-IO-S Certificates.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Loan Group I Cap With respect to the Group I Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Group I Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.