Triggered Reference Entity Losses definition

Triggered Reference Entity Losses means, with respect to a Triggered Reference Entity and any relevant day,
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Triggered Reference Entity Losses means, the aggregate of, in respect of each Triggered Reference Entity, the amount (in each case, subject to a minimum of zero) determined by the Calculation Agent in accordance with the following formula: Principal Amount x Credit Position x (100% - FP) Early Payment Amount 2 is applicable, provided that no amount shall be payable on account of accrued interest if the Notes are redeemed prior to any Interest Payment Date. Applicable. The South African Securities are Credit Linked South African Notes.Each reference entity comprised in the Index as published at the website set out in such definition (and its Successors, if any). For the avoidance of doubt, the Calculation Agent may rely on any determinations of the index sponsor of the Index in determining any Successors.
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Triggered Reference Entity Losses means in respect of a Triggered Reference Entity and any relevant day:
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Examples of Triggered Reference Entity Losses in a sentence

  • The Calculation Agent shall determine the Revised Short Coupon Amount based on a determination by the Calculation Agent of the recalculated Short Triggered Reference Entity Losses.

Related to Triggered Reference Entity Losses

  • Affected Reference Entity means, in respect of a Specified Payment Date, that the Reference Entity was a Non-Determined Reference Entity as of the Cut-off Date relating to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time (or, if the relevant Standard is Japan or Japan Sovereign, Tokyo time)) or that a Deferral Notice has been given to the Company after the Cut-off Date relating to that Specified Payment Date but on or prior to that Specified Payment Date (in each case determined by reference to Greenwich Mean Time).

  • Weighted Reference Asset Return means for each Reference Asset contained in the Reference Portfolio and on any day, the product of (i) the Reference Asset Return and (ii) the Reference Asset Weight.

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Reference Value means the last reported sales price of the shares of Common Stock 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.

  • Adjusted Funds From Operations means, for any period, Net Cash Flows From Operating Activities for such period plus Interest Expense for such period minus (x) the portion (but not less than zero) of Net Cash Flows From Operating Activities for such period attributable to any consolidated Subsidiary that has no Debt other than Nonrecourse Indebtedness and (y) After-Tax Transitional Funding Instrument Revenue for such period.

  • Cumulative Net Loss Test With respect to any Payment Date, a test that will be satisfied if the Cumulative Net Loss Percentage does not exceed the applicable percentage indicated below: Payment Date occurring in the period Percentage December 2015 to November 2016 0.10% December 2016 to November 2017 0.20% December 2017 to November 2018 0.30% December 2018 to November 2019 0.40% December 2019 to November 2020 0.50% December 2020 to November 2021 0.60% December 2021 to November 2022 0.70% December 2022 to November 2023 0.80% December 2023 to November 2024 0.90% December 2024 to November 2025 1.00% December 2025 to September 2026 1.10% October 2026 to November 2027 1.20% December 2027 and thereafter 1.30% Current Accrual Rate: With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related current Accounting Net Yield; and (ii) the related current mortgage rate thereon (as adjusted for any modifications) minus 0.35%.

  • management expense ratio means the total fees and expenses a fund paid during a year divided by its average assets for that year.

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Expense Ratio is defined as a Fund's annual investment management fees and expenses (excluding taxes, interest, all brokerage commissions, other normal charges incident to the purchase and sale of portfolio securities, and extraordinary expenses) as a percentage of such Fund's daily net asset value.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.