Cap Investment definition

Cap Investment means an interest rate cap (i) purchased by the Issuer from an Underlying Counterparty and which acts as a reference point for the Cap-It Certificate issued to and for the benefit of the Certificate Holder on the terms described herein, (ii) evidenced by a trade confirmation issued by the Underlying Counterparty to the Issuer, and (iii) for each Cap-It Certificate is as set out in the relevant Confirmed Certificate Terms;
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Examples of Cap Investment in a sentence

  • Investment Manager: Schroder Investment Management Limited Fund Currency: EUR Fund Name: Schroder International Selection Fund European Large Cap Investment Objective: To provide capital growth primarily through investment in equity securities of European large cap companies.

  • The Deed Poll, these Conditions, the Confirmed Certificate Terms, the Cap-It Certificates, any Cap Investment, the Administration Agreement and the Management Services Agreement may be modified by the Issuer without the consent of Certificate Holders, provided always that, in relation to any modification or other exercise of its discretion in relation to any such matter, the Issuer shall act reasonably and in good faith.

  • In each case where a Payment Amount is stated herein or in the Deed Poll to be payable in respect of the Cap-It Certificate, the obligations of the Issuer to make any such payment shall constitute an obligation only to account to the Certificate Holder on the relevant Payment Date for an amount equivalent to the Proceeds actually received (and identified as such) in relation to the underlying Cap Investment less the Issuer Spread.

  • Each Cap-It Certificate will be issued in pounds sterling in a Notional Amount specified in its respective Confirmed Certificate Terms, such Notional Amount being equal to the Notional Amount of the underlying Cap Investment.

  • The Issuer shall not be required to take proceedings to enforce payment in respect of any Cap Investment unless it has been indemnified, pre-funded and/or secured by the relevant Certificate Holder to the satisfaction of the Issuer at its sole discretion.

  • Payment Amounts, if any, will become due in respect of each Cap-It Certificate at the rate applicable to the underlying Cap Investment as further specified in Condition 11 (Payment Amounts).

  • No Certificate Holder will have any entitlement or standing to enforce the Cap Investment or direct recourse to the Underlying Counterparty.

  • The benchmark against which the performance of the Fund will be measured is the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index.

  • The iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index is the current benchmark for the Fund.

  • The Manager has been granted a licence by the current Index Licensor to use the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index as a basis for the composition of the Fund, and to use certain trade names and trademarks associated with the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index.

Related to Cap Investment

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Alternative Investment Vehicle means an entity created in accordance with the Operative Documents of a Borrower to make investments and that has the right to call on Capital Commitments directly from Investors.

  • Equity Investment means (i) an Equity Security; and (ii) an ownership interest in any company or other entity, any membership interest that includes a voting right in any company or other entity, any interest in real estate; and any investment or transaction which in substance falls into any of these categories even though it may be structured as some other form of investment or transaction.

  • Qualified equity investment means any equity investment in, or long-term debt security issued by, a qualified community development entity that:

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Alternative investment means an investment in a private equity fund, venture fund, hedge fund, or absolute return fund.

  • Minority Investment means any Person (other than a Subsidiary) in which the Borrower or any Restricted Subsidiary owns Capital Stock.

  • Capital investment means an investment in real property, personal property, or both, at a

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Investment Vehicle means a corporation, partnership, limited partnership, limited liability company, association, or other entity, either domestic or foreign, managed by an external manager in which a board is the majority investor and that is organized in order to invest with, or retain the investment management services of, other external managers.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Alternative Investments means investments in the said State which are within the ability and competence of the Company or of corporations which are related to the Company for the purposes of the Companies (Western Australia) Code and which are approved by the Minister from time to time as alternative investments for the purpose of this Agreement (which approval shall not be unreasonably withheld in the case of an investment which would add value or facilitate the addition of value, beyond mining, to the mineral resources of the said State);”;

  • Investment Vehicles means any investment company or pooled investment fund, including, but not limited to, mutual fund families, exchange-traded funds, fund of funds and hedge funds, in which a Defendant has or may have a direct or indirect interest, or as to which its affiliates may act as an investment advisor, but of which a Defendant or its respective affiliates is not a majority owner or does not hold a majority beneficial interest.

  • Mezzanine Investments means debt Securities (including convertible debt Securities (other than the “in-the-money” equity component thereof)) and Preferred Stock in each case (a) issued by public or private issuers, (b) issued without registration under the Securities Act, (c) not issued pursuant to Rule 144A under the Securities Act (or any successor provision thereunder), (d) that are not Cash Equivalents and (e) contractually subordinated in right of payment to other debt of the same issuer.

  • Equity Investments shall have the meaning provided in the preamble to this Agreement.

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Average Invested Capital means the average of invested capital as of December 31, 2023 and the invested capital as of December 31, 2024 where the invested capital is defined as the sum of the Company’s long-term debt plus the current portion of long-term debt, less cash, cash equivalents and investments, plus stockholder equity.

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.