Residual Positions definition

Residual Positions is defined in the definition of “Lease Purchase Transaction.”
Sample 1Sample 2Sample 3
Residual Positions given that some of the assets in the portfolio are of a long-term nature, UBS may, after five years, elect to use a contractually defined mechanism to exclude residual positions from the guarantee in order to be able to draw on the guarantee. Residual assets excluded in this way will have no guarantee protection. Profits expected on such residual assets will generally be taken into account when calculating the net loss share. • Payment mechanisms: once UBS draws down the guarantee, the federal government will request that FINMA confirm the amount of the loss in accordance with the ordinance of 16 March 2023. The Confederation will pay out the confirmed amount no later than nine months after receiving confirmation from FINMA. The nine-month payment timeframe will ensure that the federal government can raise the funds with minimum impact on the market.
Sample 1
Residual Positions has the meaning given to it in paragraph (a) of Clause 7.7.
Sample 1

Examples of Residual Positions in a sentence

  • Residual positions ......................................................................................................

  • Residual positions, following the three separate matching calculations in paragraph 5, 6 and 7 shall be summed.

  • Residual positions, following the three separate matching calculations in points 21, 22 and 23, shall be summed.

  • Residual positions, following the three separate matching calculations in paragraphs 19, 20 and 21, shall be summed.

  • Residual positions in highly rated stocks, following IPOs in 2020-21, saw an exposure to underperforming 2022 names.

  • Source: BloombergDefinitions and explanations of methodologies used: Terms DefinitionsABS Asset-backed securities.ABS Residual positions Residual income positions, which are a sub-classification of ABS, being backed by any of the following: residential mortgage loans; commercial mortgage loans; automobile loans; student loans; credit card receivables; or leases.

  • Residual positions in zones 1 and 3 shall be paired if one of such positions is long and the other one is short.

  • Residual positions are limited and arise primarily from shareholders’ equity that has not been fully reinvested at expected maturities.

  • Residual positions, following the three separate matching calculations in paragraphs 19, 20 and 21 ⌦ 21, 22 and 23, ⌫ shall be summed.

  • Residual positions in securities were entered into what the traders referred to as their balance sheet.19 Although there were no specific time limits for holding residual positions in 2009-2010, traders were expected to move inventory off the balance sheet and not to retain positions for long periods.

Related to Residual Positions

  • Residual disinfectant concentration means the concentration of disinfectant measured in mg/L in a representative sample of water.

  • Residual Metered Load means all load remaining in an electric distribution company’s fully metered franchise area(s) or service territory(ies) after all nodally priced load of entities serving load in such area(s) or territory(ies) has been carved out.

  • Residual Receipts means for each calendar year, the amount by which Gross Revenue exceeds Annual Operating Expenses.

  • Individual Property means each parcel of real property, the Improvements thereon and all Personal Property owned by Mortgage Borrower and encumbered by a Mortgage, together with all rights pertaining to such Property and Improvements, as more particularly described in each Mortgage and referred to therein as the “Property”.

  • Residual Auction Revenue Rights means incremental stage 1 Auction Revenue Rights created within a Planning Period by an increase in transmission system capability, including the return to service of existing transmission capability, that was not modeled pursuant to Operating Agreement, Schedule 1, section 7.5 and the parallel provisions of Tariff, Attachment K- Appendix, section 7.5 in compliance with Operating Agreement, Schedule 1, section 7.4.2 (h) and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.2(h), and, if modeled, would have increased the amount of stage 1 Auction Revenue Rights allocated pursuant to Operating Agreement, Schedule 1, section 7.4.2 and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.2; provided that, the foregoing notwithstanding, Residual Auction Revenue Rights shall exclude: 1) Incremental Auction Revenue Rights allocated pursuant to Tariff, Part VI; and 2) Auction Revenue Rights allocated to entities that are assigned cost responsibility pursuant to Operating Agreement, Schedule 6 for transmission upgrades that create such rights.

  • Revenue Operations Date (ROD) means the date of operation of Metro

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Operating Area means those areas on-shore in India in which company or its affiliated company may from time to time be entitled to execute such services/operations.

  • Anticipated county property tax revenue availability means the

  • Residual Waste means low-level radioactive waste resulting from processing or decontamination activities that cannot be easily separated into distinct batches attributable to specific waste generators. This waste is attributable to the processor or decontamination facility, as applicable.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Individual PAGA Payment means the Aggrieved Employee’s pro rata share of 25% of the PAGA Penalties calculated according to the number of Workweeks worked during the PAGA Period.

  • Allocation Area means that part of a military base development area to which an allocation provision of a declaratory resolution adopted under section 16 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Focal point means the entity of a Party referred to in Article 5 responsible for receiving and submitting information as provided for in Articles 13 and 16;

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Tractor truck means every motor vehicle designed and used primarily for drawing other vehicles

  • Operating Month for a Shipper or Transferor means any calendar month in which Carrier either transports Crude Petroleum or recognizes and records a change in ownership of Crude Petroleum for the account of such Party. For purposes hereof the calendar month shall be deemed to begin at 7:00 a.m. (Central Time) on the first day of such month.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II, hereof.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.