Yield Adjustment definition

Yield Adjustment means any adjustment required to be made to the Adjusted Principal Amount on any Interest Payment Date following any Extraordinary Additional Distribution (except for the Interest Payment Date immediately following such Extraordinary Additional Distribution) so that the interest payment on such Interest Payment Date does not represent an annualized yield in excess of 3% on the Adjusted Principal Amount of the Debentures during the semi-annual period immediately preceding such Interest Payment Date.
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Yield Adjustment means any adjustment required to be made to the Adjusted Principal Amount on any Interest Payment Date occurring on or after March 30, 2008 following any Extraordinary Additional Distribution (except for the Interest Payment Date immediately following such Extraordinary Additional Distribution) so that the interest payment on such Interest Payment Date does not represent an annualized yield in excess of 3.125% on the Adjusted Principal Amount of the Debentures during the semi-annual period immediately preceding such Interest Payment Date.”
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Yield Adjustment shall have the meaning set forth in Section 1.06(e) of this Agreement. (cccc) "1996 Bonus Protection Payment" shall mean a payment to a Transferred Employee pursuant to the terms of the Advanta Corp. Management Incentive Plan with Stock Election II, Advanta Corp. Management Incentive Plan with Stock Election III and Advanta Corp. Management Incentive Plan with Stock Election IV, as applicable, for the year ended December 31, 1996. (dddd) "1997 Bonus Payment" shall mean a payment or issuance or vesting of stock to a Transferred Employee pursuant to the terms of the Advanta Corp. Senior Management Incentive Plan with Stock Election II, Advanta Corp. Management Incentive Plan with Stock Election III and Advanta Corp. Management Incentive Plan with Stock Election IV, as applicable, for the year ended December 31, 1997. (eeee) "1997 Bonus Protection Payment" shall mean a payment from the Company to a Transferred Employee pursuant to the terms of the Advanta Corp. Management Incentive Plan with Stock Election II, Advanta Corp. Management Incentive Plan with Stock Election III and Advanta Corp. Management Incentive Plan with Stock Election IV, as applicable, for the year ended December 31, 1997. ARTICLE III.
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Examples of Yield Adjustment in a sentence

  • Floating Yield Adjustment The purpose of this non-GAAP adjustment is to modify the calculation of our GAAP-based finance charge revenue so that favorable and unfavorable changes in expected cash flows from loans receivable are treated consistently.

  • The Ryan Yield Adjustment is obtained by taking the difference between the published swap discount rate and the Ryan Index and this spread amount is then applied to the cash flows discount rate, the discounted cash flows are then summed, and the fair value of the contract is obtained.

  • Annualized Floating Yield Adjustment The purpose of this non-GAAP adjustment is to modify the calculation of our GAAP-based finance charge revenue so that favorable and unfavorable changes in expected cash flows from loans receivable are treated consistently.

  • On and after the Effective Date, all references in the Plan to the Cost of Savings Adjustment Percentage shall be deemed to be references to the Average Yield Adjustment Percentage.

  • Annualized Floating Yield Adjustment The purpose of this adjustment is to modify the calculation of our GAAP-based finance charge revenue so that favorable and unfavorable changes in expected cash flows from loans receivable are treated consistently.

  • Floating Yield Adjustment The Company’s GAAP finance charge revenue is based on estimates of future cash flows and is recognized on a level yield basis.

  • Floating Yield Adjustment The purpose of this adjustment is to modify the calculation of our GAAP-based finance charge revenue so that favorable and unfavorable changes in expected cash flows from loans receivable are treated consistently.

  • Concurrently with the funding of the Initial Loan Advance, Borrower shall pay in immediately available funds to Lenders a yield adjustment payment (the "Yield Adjustment Payment") in an amount equal to One Hundred Twenty Thousand Dollars ($120,000).

  • For example, if on the Specified Date the percentage of Managed Receivables with introductory rates equaled 15% and the amount of Managed Receivables was equal to $12,100,000,000 then the Yield Adjustment would be equal to: ($12,100,000,000 x .15 = $2,192,520,000) x .5 x 0.0438 = $8,267,688 (Yield Adjustment) In such example, the Agreed Deficit would equal $518,267,688 (i.e., $510,000,000 plus the absolute value of the Yield Adjustment).

Related to Yield Adjustment

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

  • SOFR Adjustment means 0.10% (10 basis points).

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Adjustment Spread means either (a) a spread (which may be positive, negative or zero) or (b) a formula or methodology for calculating a spread, in each case to be applied to the Successor Rate or the Alternative Rate (as the case may be) and is the spread, formula or methodology which: