Sizing Model definition

Sizing Model means, with respect to any Loan Tranche, a model, setting forth, as of the date of the Borrowing Notice for such Loan Tranche delivered pursuant to Section 2.1(a)(iii), the PV Draw Amount and debt service schedule with respect to the Projects related to such Loan Tranche, based on calculations and assumptions in form and substance satisfactory to the Administrative Agent and the Lenders as of the Closing Date.
Sample 1Sample 2Sample 3
Sizing Model means, with respect to any Loan Tranche, a model, setting forth, as of the date of the Borrowing Notice for such Loan Tranche delivered pursuant to Section 2.1(a)(iii), the PV Draw Amount and debt service schedule with respect to the Projects related to such Loan Tranche, based on calculations and assumptions in form and substance satisfactory to the Administrative Agent and the Lenders as of the Closing Date. [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
Sample 1
Sizing Model means, with respect to any Loan Tranche, a model, setting forth, as of the date of the Borrowing Notice for such Loan Tranche delivered pursuant to S ection 2.1(a)(iii), the PV Draw Amount and debt service schedule with respect to the Projects related to such Loan Tranche, based on calculations and assumptions in form and substance satisfactory to the Administrative Agent and the Lenders as of the Closing Date.[***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
Sample 1

Examples of Sizing Model in a sentence

  • The Borrowing Notice together with the applicable Sizing Model shall be delivered to the Administrative Agent in accordance with Section 2.1. The Administrative Agent shall promptly notify each Lender of the date of each requested Borrowing and such Lender’s Proportionate Share of the requested Borrowing.

  • In connection with any Borrowing Notice, the Borrower shall also deliver to the Administrative Agent (no later than the time specified in clause (iii) above with respect to such Borrowing Notice) the applicable Sizing Model with respect to the requested Loan Tranche, which the Administrative Agent shall distribute with the applicable Borrowing Notice to each Lender.

  • Unless the Administrative Agent has received a written notice from a Lender no later than 12:00 p.m., New York time, at least four (4) Business Days before the requested Borrowing date contesting the Borrower’s calculations in the Sizing Model submitted by the Borrower for the requested Borrowing, the Administrative Agent shall confirm the PV Draw Amount and provide notice thereof to the Borrower and each Lender.

  • FOOTWEAR AND OUTERWEAR MARKET Source: Tapestry Global Market Sizing Model, Euromonitor, Public Filings, Analyst Reports, NPD and Yano.

  • Sizing Model to the Administrative Agent or (B) by written notice to the Administrative Agent, rescind the Borrowing Notice.

  • Schedule 2 Sizing Model [***] Confidential treatment has been requested for the bracketed portions.

  • If the Administrative Agent receives a written notice from a Lender contesting the Borrower’s calculations in such Sizing Model, it shall inform Borrower, and Borrower may (A) submit an amended Borrowing Notice and Trapper Loan Agreement [***] Confidential treatment has been requested for the bracketed portions.

  • If the Administrative Agent receives a written notice from a Lender contesting the Borrower’s calculations in such Sizing Model, it shall inform Borrower, and Borrower may (A) submit an amended Borrowing Notice and Sizing Model to the Administrative Agent or (B) by written notice to the Administrative Agent, rescind the Borrowing Notice.

Related to Sizing Model

  • Reliability pricing model or "RPM" means PJM's capacity-

  • Reliability Pricing Model Auction or “RPM Auction” shall mean the Base Residual Auction or any Incremental Auction, or, for the 2016/2017 and 2017/2018 Delivery Years, any Capacity Performance Transition Incremental Auction.

  • Bloomberg Screen SOFRRATE Page means the Bloomberg screen designated “SOFRRATE” or any successor page or service;

  • Base Case Model means the financial model and statements including profit and loss, balance sheet and financial projections reflecting the forecasted consolidated financial conditions of the Group for the term of this Agreement (for these purposes assuming both before and after the incurrence of the indebtedness under the Finance Documents), each in form and substance satisfactory to the Finance Parties addressed to, and/or capable of being relied upon by the Finance Parties.

  • Sponsor Model means the Sponsor’s financial model, dated June 26, 2018, used in connection with the syndication of the Credit Facility.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Bloomberg Screen means the Bloomberg Information contained in the Bloomberg screen identified in Schedule 3 hereto and filed with the Commission as a Free Writing Prospectus on , 20 .]

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • Reference Price means the Reference Price of the Underlying as specified in § 1 of the Product and Underlying Data.

  • Bloomberg Screen GCAN5YR Page means the display designated as page “GCAN5YR<INDEX>” on the Bloomberg Financial L.P. service (or such other page as may replace the GCAN5YR page on that service) for purposes of displaying Government of Canada bond yields.

  • Applicable Pricing Level means, for each Pricing Period the pricing level set forth below opposite the Debt Rating achieved by Borrower as of the first day of that Pricing Period: Pricing Level Debt Rating I Greater than or equal to A1 / A+ II Less than A1 / A+ but greater than or equal to A2 / A III Less than A2 / A but greater than or equal to A3 / A- V Less than Baa2/BBB provided that in the event that the then prevailing Debt Ratings are “split ratings”, Borrower will receive the benefit of the higher Debt Rating, unless the split is a “double split rating” (in which case the pricing level applicable to the middle Debt Rating will apply) or a “triple split rating” (in which case the pricing level applicable to the Debt Rating above the Debt Rating applicable to the lowest pricing level will apply). For purposes hereof, a Debt Rating is only a “split rating” if the Debt Rating applies to a different pricing level.

  • Ask Price means the price at which the Company is willing to sell a CFD.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by:

  • Index Value means, in relation to any Reference Rate Business Day:

  • Value Date means, with respect to any FX Transaction, the Business Day (or where market practice in the relevant foreign exchange market in relation to the two Currencies involved provides for delivery of one Currency on one date which is a Local Banking Day in relation to that Currency but not to the other Currency and for delivery of the other Currency on the next Local Banking Day in relation to that other Currency ("Split Settlement") the two (2) Local Banking Days in accordance with that market practice) agreed by the Parties for delivery of the Currencies to be purchased and sold pursuant to such FX Transaction, and, with respect to any Currency Obligation, the Business Day (or, in the case of Split Settlement, Local Banking Day) upon which the obligation to deliver Currency pursuant to such Currency Obligation is to be performed.

  • 5-year Mid-Swap Rate Quotations means the arithmetic mean of the bid and offered rates for the annual fixed leg (calculated on a 30/360 day count basis) of a fixed-for-floating euro interest rate swap transaction which:

  • LIBOR Market Index Rate means, for any day, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • market risk means the risk of loss for the individual portfolio resulting from a fluctuation in the market value of positions in the portfolio attributable to changes in market variables, such as interest rates, foreign exchange rates, equity and commodity prices, or an issuer's creditworthiness;

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.