Target Par Amount means the quotient of (i) the Equity Amount divided by (ii) one minus the Maximum Aggregate Borrowing Ratio.

Target Par Amount means €400,000,000.

Target Par Amount means, in respect of the initial Portfolio, €400,000,000.

Examples of Target Par Amount in a sentence

If the Target Par Amount has not been reached on the Effective Date an Effective Date Rating Event may occur pursuant to the Conditions which may in certain circumstances lead to an early redemption of the Notes.
During the Initial Investment Period, the Collateral Manager, acting on behalf of the Issuer, will seek to acquire additional Collateral Obligations in order to satisfy each of the Coverage Tests, Collateral Quality Tests, Portfolio Profile Tests and Target Par Amount requirement as at the Effective Date.
During the Initial Investment Period, the Collateral Manager acting on behalf of the Issuer, will seek to acquire additional Collateral Obligations in order to satisfy each of the Coverage Tests, Collateral Quality Tests, Portfolio Profile Tests and Target Par Amount requirement as at the Effective Date.
If the Target Par Amount has not been reached on the Effective Date an Effective Date Rating Event will occur which may in certain circumstances lead to an early redemption of the Notes.
During the Initial Investment Period, the Collateral Manager, acting on behalf of the Issuer, will seek to acquire additional Collateral Obligations in order to satisfy each of the Coverage Tests (other than the Interest Coverage Tests, which are required to be satisfied as of the Determination Date immediately preceding the second Payment Date), Collateral Quality Tests, Portfolio Profile Tests and Target Par Amount requirement as at the Effective Date.

More Definitions of Target Par Amount

Target Par Amount means, in respect of the initial Portfolio, €500,000,000.

Target Par Amount means €516,182,933.85.

Target Par Amount means $300,000,000;

Target Par Amount means U.S.$500,000,000.550,000,000.

Target Par Amount means EUR 864,190,000.

Target Par Amount means an amount equal to €500,000,000;

Target Par Amount means € 389,700,000.