Equity Securities Portfolio Sector Diversification. (i) The weighting of each Sector within the Equity Securities Portfolio shall be a percentage that is (A) at least equal to the lesser of (x) the Benchmark Sector Weight minus 2% or (y) 75% of the Benchmark Sector Weight, and (B) not greater than the greater of (x) the Benchmark Sector Weight plus 2% or (y) 125% of the Benchmark Sector Weight.
Appears in 2 contracts
Samples: Financial Guarantee Agreement (Smith Barney Trust Ii), Financial Guarantee Agreement (Smith Barney Trust Ii)
Equity Securities Portfolio Sector Diversification. (i) The weighting of each Sector within the Equity Securities Portfolio shall be a percentage that is (A) at least equal to the lesser of (x) the Benchmark Sector Weight minus 27% or (y) 75% of the Benchmark Sector Weightthereof, and (B) not greater than the greater of (x) the Benchmark Sector Weight plus 27% or (y) 125% of the Benchmark Sector Weightthereof.
Appears in 1 contract
Samples: Financial Guarantee Agreement (Russell Frank Investment Co)
Equity Securities Portfolio Sector Diversification. (i) The weighting of each Sector within the Equity Securities Portfolio shall be a percentage that is (A) at least equal to the lesser of (x) the Benchmark Sector Weight minus 215% or (y) 75% of the Benchmark Sector Weightthereof, and (B) not greater than the greater of (x) the Benchmark Sector Weight plus 215% or thereof (yit being understood that a breach of this Section 3.04(c)(i) 125% of that arises solely from the Benchmark Sector WeightFund's investment in Master Fund shares and is included in the Portfolio Excess Adjustment shall not constitute a Trigger Event).
Appears in 1 contract
Samples: Financial Guarantee Agreement (Merrill Lynch Principal Protected Trust)
