Substitution Value definition

Substitution Value has the meaning set forth in Section 3.1(b).
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Substitution Value means the value in respect of Consumption Data or Regenerative Braking Data, as the case may be, set out in column 9 of the Journey Look-Up Table.
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Substitution Value means, in respect of any Substitution Date and any substitution of Fund Collateral, the aggregate value of the Fund Collateral to be substituted using the most recently available net asset values of such Fund Collateral in respect of such Substitution Date, as determined by Party A in its sole discretion.
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Examples of Substitution Value in a sentence

  • To the extent that the Substitution Value of a Substitute Loan Asset exceeds the Repurchase Price of the related Loan Assets, the Purchaser shall pay a cash purchase price to the Seller equal to the amount of such excess unless the Seller elects in its sole discretion to designate such excess as a Contribution.

  • The Purchase Price or Substitution Value, as applicable, for each Loan Asset Conveyed hereunder represents the fair market value of such Loan Asset as of the time of Conveyance hereunder, as may have changed from the time the applicable Loan Asset was originally acquired by the Seller.

  • Other than with respect to Repurchases or Substitutions the Seller is required to make, the Purchase Price or Substitution Value, as applicable, for each Loan Asset Conveyed hereunder represents the fair market value of such Loan Asset as of the time of Conveyance hereunder, as may have changed from the time the applicable Loan Asset was originally acquired by the Seller.

  • The Purchase Price or Substitution Value, as applicable, for each Loan Asset Conveyed hereunder represents the fair market value of such Loan Asset as of the time of Conveyance hereunder, as may have changed from the time after the applicable Loan Asset was originally acquired by the Seller.

  • To the extent that the Substitution Value of a Substitute Eligible Loan Asset exceeds the Repurchase Price of the related Warranty Breach Asset, the Purchaser shall pay a cash purchase price to the Seller equal to the amount of such excess unless the Seller elects in its sole discretion to designate such excess as a Contribution.


More Definitions of Substitution Value

Substitution Value means the value in respect of Consumption Data or Regenerative Braking Data, as the case may be, set out in column 9 of the Journey Look-Up Table.The references to “appendix 1” shall be replaced with “appendix 1A” in the definitions of “Journey Look-Up Table” and “Non-Journey Look-Up Table”.Paragraphs 3, 4 and 5Replace paragraphs 3, 4 and 5 with the following:
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Substitution Value means with respect to a Portfolio Investment to be substituted pursuant to Article VI hereof, an amount equal to the fair market value in accordance with the Credit Agreement (as agreed upon between the Transferee and the Transferor at the time of such Conveyance) of such Substitute Portfolio Investment Conveyed as of such date.
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Related to Substitution Value

  • Reference Value means the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Unadjusted Reference Interest Rate Replacement means the Reference Interest Rate Replacement excluding the Reference Interest Rate Replacement Adjustment.