Reference Portfolio Notional Amount definition

Reference Portfolio Notional Amount means, at any time, the aggregate at such time of the Floating Rate Payer Calculation Amounts (denominated in EUR) in respect of the Reference Entities for all of the Credit Derivative Transactions comprised in the Reference Portfolio.

Reference Portfolio Notional Amount means in respect of any day for which it is required to be determined, the sum of all Reference Entity Notional Amounts each in respect of the Reference Entities comprising the Reference Portfolio on that date.

Reference Portfolio Notional Amount means (i) in respect of Tranche Notes, an amount equal to the Aggregate Notional Amount divided by the difference between the Detachment Point and the Attachment Point and (ii) in respect of Linear Basket Notes, an amount equal to the Aggregate Notional Amount.

Examples of Reference Portfolio Notional Amount in a sentence

• The Reference Portfolio Notional Amount in respect of a Series of Notes immediately before any Proposed Replacements in respect of such Replacement Compliance Date shall be identical to the Reference Portfolio Notional Amount of such Series of Notes immediately after the relevant Replacements.

• On any date, the sum of the Reference Entity Notional Amounts of Reference Entities in respect of which no Event Determination Date has occurred shall be equal to the Initial Reference Portfolio Notional Amount minus the sum of the Reference Entity Notional Amounts for those Reference Entities in respect of which an Event Determination Date has occurred on or prior to such date.

• The relevant loss amount will either be expressed as an absolute number (a "Reference Loss") or as a percentage of the Reference Portfolio Notional Amount for the applicable Credit Default Swap Agreement or which relates to the relevant Class of Notes (a "Reference Loss Percentage").

• If on any Fund Dealing Date a Reallocation Event has occurred, the Reference Portfolio Notional Amount shall be the Target Reference Portfolio Notional Amount on such Fund Dealing Date, provided that, the Reference Portfolio Notional Amount shall not exceed the Maximum Leverage Amount, and shall remain at such level thereafter until a further Reallocation Event occurs, subject to increases due to gains in NAVMP.

• Immediately after giving effect to all Replacements in respect of such Replacement Compliance Date, the Reference Portfolio Notional Amount shall not be greater than the Reference Portfolio Notional Amount in effect at the beginning of such Replacement Compliance Date.

More Definitions of Reference Portfolio Notional Amount

Reference Portfolio Notional Amount means, at any time, the sum of the Reference Entity Notional Amount of each Reference Entity in the Reference Portfolio at such time.

Reference Portfolio Notional Amount means, on any date of determination, an amount equal to the aggregate of:

Reference Portfolio Notional Amount means, at any time, the aggregate Reference Obligation Notional Amounts of all Reference Obligations;

Reference Portfolio Notional Amount means EUR 10,000,000,000.

Reference Portfolio Notional Amount means the aggregate nominal amount of Notes outstanding; “Releverage" has the meaning given to it in Section 1 of this Schedule;

Reference Portfolio Notional Amount means, in respect of the Reference Portfolio relating to the Notes, the aggregate Notional Amount of all outstanding Single Name CDS Transactions and Component Transactions in respect of an Index CDS Transaction in respect of which no Credit Event has occurred.

Reference Portfolio Notional Amount means, at any time, the aggregate of the Reference Obligation Notional Amounts for all Reference Entities in the Reference Portfolio.