Reset Period Target Amount definition

Reset Period Target Amount means for the reset rate notes and for any distribution date that is: (1) more than one year before the next reset date, zero, and (2) one year or less before the next reset date, the highest remarketing fee payable to the remarketing agent for the reset rate notes (not to exceed 0.35% of the maximum principal balance of the reset rate notes that could be remarketed) on the next reset date as determined by the administrator based on the assumed weighted average life of the reset rate notes and the maximum remarketing fee set forth on a schedule attached to the remarketing agreement, as that schedule may be amended from time to time.
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Reset Period Target Amount means for each class of reset rate notes and for any distribution date that is: (1) more than one year before the next applicable reset date, zero, and (2) one year or less before the next applicable reset date, the highest remarketing fee payable to the remarketing agent for such class of reset rate notes (not to exceed 0.35% of the maximum principal balance of each class of reset rate notes that could be remarketed) on the next related reset date as determined by the administrator based on the assumed weighted average life of such class of reset rate notes and the maximum remarketing fee set forth on a schedule attached to the remarketing agreement, as that schedule may be amended from time to time.
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Reset Period Target Amount means, for the Reset Rate Notes and any Distribution Date that is (1) more than one year before the next Reset Date, zero, and (2) one year or less before the next Reset Date, the highest remarketing fee payable to the Remarketing Agents for the Reset Rate Notes (not to exceed 0.35% of the maximum principal balance of the Reset Rate Notes that could be remarketed) on the next Reset Date as determined by the Administrator based on the assumed weighted average life of the Reset Rate Notes and the maximum remarketing fee set forth on a schedule attached to the Remarketing Agreement, as such schedule may be amended from time to time.
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Examples of Reset Period Target Amount in a sentence

  • If the amount on deposit in the remarketing fee account, after the payment of any remarketing fees therefrom, exceeds the Reset Period Target Amount, the excess will be withdrawn on the distribution date immediately following the related reset date, deposited into the collection account and included in Available Funds for that distribution date.

  • If the amount on deposit in the Remarketing Fee Fund on any Quarterly Distribution Date, after the payment of any Remarketing Fees due on such Quarterly Distribution Date, exceeds the Reset Period Target Amount, the Issuer may direct the Indenture Trustee to transfer such excess to the Collection Fund on such Quarterly Distribution Date.


More Definitions of Reset Period Target Amount

Reset Period Target Amount means, for each class of Reset Rate Notes and any Distribution Date that is (1) more than one year before the next related Reset Date, zero, and (2) one year or less before the next related Reset Date, the highest remarketing fee payable to the Remarketing Agents for that class of Reset Rate Notes (not to exceed 0.35% of the maximum principal balance of such class of Reset Rate Notes that could be remarketed) on the next related Reset Date as determined by the Administrator based on the assumed weighted average life of such class of Reset Rate Notes and the maximum remarketing fee set forth on a schedule attached to the Remarketing Agreement, as such schedule may be amended from time to time.
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Reset Period Target Amount means (a) for any Quarterly Distribution Date through and including the Initial Reset Date for the Class A-5a Notes, $380,000.00; and (b) for any Quarterly Distribution Date thereafter, the highest remarketing fee payable to the Remarketing Agents for the Class A-5a Notes (not to exceed 0.10% per annum of the maximum Outstanding Amount of such Class of the Reset Rate Notes that could be remarketed) on the next Reset Date, as determined by the Issuer, or by the Administrator on behalf of the Issuer, based on the assumed weighted average life of the Class A-5a Notes and the maximum remarketing fee set forth in a schedule to the Remarketing Agreement, as such schedule may be amended from time to time.
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Reset Period Target Amount means, for any Quarterly Distribution Date that is (a) more than one year before the next related Reset Date, zero, and (b) one year or less before the next related Reset Date, the highest remarketing fee payable to the Remarketing Agents for the Series 2006-1 Reset Rate Notes (not to exceed [0.20]% per annum of the maximum Outstanding Principal Amount of the Series 2006-1 Reset Rate Notes that could be remarketed) on the next related Reset Date, as determined by the Issuer Administrator based on the assumed weighted average life of the Series 2006-1 Reset Rate Notes and the maximum remarketing fee set forth in a schedule to the Remarketing Agreement, as such schedule may be amended from time to time.
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Reset Period Target Amount shall have the meaning assigned to such term in a Supplemental Indenture.
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Reset Period Target Amount means for any class of reset rate notes, any quarterly distribution date that is:
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Related to Reset Period Target Amount

  • Reset Period means each period from and including the First Reset Date to but excluding the next following Reset Date and thereafter from and including each Reset Date to but excluding the next following Reset Date;

  • Overcollateralization Target Amount As of any Distribution Date, 1.30% of the Initial Aggregate Receivables Principal Balance.

  • Target Amount is defined in Section 4.3(b)(i).

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on September 20, 2018 and ending on and including December 19, 2018, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Daily Non-Cumulative Compounded RFR Rate means, in relation to any U.S. Government Securities Business Day during a Floating Rate Interest Period for a Loan (or any part of it), the percentage rate per annum determined by the Facility Agent in accordance with the methodology set out in Schedule 15B (Daily Non-Cumulative Compounded RFR Rate) or in any relevant Compounding Methodology Supplement.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any day if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.5%

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in respect of the Bank’s outstanding borrowings or portions thereof allocated by the Bank to fund single currency loans or portions thereof made by it that include the Loan; as reasonably determined by the Bank and expressed as a percentage per annum.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.