Examples of S&P CDO Evaluator in a sentence
This tests whether the remaining subordination of the tranche is greater than the minimum subordination determined using the S&P CDO Evaluator.
S&P CDO Evaluator Model means the latest applicable dynamic, analytical computer model provided by S&P to Buyer for the purpose of estimating the default risk of the Reference Portfolio, as amended, supplemented or revised from time to time by S&P.
S&P SROC Percentage means, at any time, an amount (expressed as a percentage) equal to: A – ( AB) A – (D + E) where: A = the Reference Portfolio Notional Amount; B = the S&P Scenario Loss Rate as calculated by the S&P CDO Evaluator Model; and D = the greater of (a) the Adjusted Subordination Amount minus the Loss Amount and (b) zero.
S&P CDO Evaluator Model means the latest applicable dynamic, analytical computer model provided by S&P to Buyer for the purpose of estimating the default risk of the Reference Portfolio in respect of any Series of Notes, as amended, supplemented or revised from time to time by S&P.
The Council’s s42A report includes a report from Mr. Dennison, Council’s Senior Environmental Noise Officer.