Applicable Proportion definition

Applicable Proportion means (a) as to New NGC, the Applicable New NGC Proportion, and (b) as to HII, the Applicable HII Proportion.

Applicable Proportion means (a) as to GroceryCo, the Applicable GroceryCo Proportion and (b) as to SnackCo, the Applicable SnackCo Proportion.

Applicable Proportion means (a) as to Horizon, the Applicable Horizon Proportion, and (b) as to TriMas, the Applicable TriMas Proportion.

Examples of Applicable Proportion in a sentence

• If a Credit Event occurs with respect to any Reference Entity, the Applicable Proportion of the Credit Linked Notes will fall due for redemption at an amount equal in aggregate to the Early Cash Redemption Amount and no further payments of interest and/or principal in respect of the Applicable Proportion of such Notes will be due and payable.

• Such termination shall take effect through a reduction of the Outstanding Tranche Notional Amount, each Reference Entity Notional Amount and the Aggregate Loss Determination Amount in the Applicable Proportion, together with such other reductions and modifications required as determined by the Calculation Agent to give effect to the partial termination of the Transaction.

• Set out below is a description of the most common such features:Risk of Loss of InterestSave as otherwise provided in the relevant Final Terms, if a Credit Event occurs interest may be reduced from the Interest Suspension Accrual Date until such Applicable Proportion of the Credit Linked Notes is redeemed on an Applicable Proportion of the Credit Linked Notes.Risk of Loss of PrincipalInvestors bear the risk of a total loss of principal if a Credit Event and a Relevant Event Determination Date occur.

• The maximum payment of a Performance Fee in respect of any financial year, after deducting the Applicable Proportion of any performance fees received during the relevant Calculation Period by the Joint Portfolio Managers (or any of their respective Associates) from any third party shall be 2.5 per cent of the Adjusted Equity Funds in that financial year.

• Set out below is a description of the most common such features:Risk of Loss of InterestSave as otherwise provided in the relevant Final Terms, if a Credit Event occurs interest may be reduced on an Applicable Proportion of the Credit Linked Notes from the Interest Suspension Accrual Date until such Applicable Proportion of the Credit Linked Notes is redeemed.Risk of Loss of PrincipalInvestors bear the risk of a total loss of principal if a Credit Event and a Relevant Event Determination Date occur.

More Definitions of Applicable Proportion

Applicable Proportion means (a) as to New Hertz Holdings, the Applicable Hertz Proportion and (b) as to HERC Holdings, the Applicable HERC Holdings Proportion.

Applicable Proportion means (a) as to EHP, the Applicable EHP Proportion and (b) as to EPC, the Applicable EPC Proportion.

Applicable Proportion means (a) as to TimkenSteel, the Applicable TimkenSteel Proportion, and (b) as to Timken, the Applicable Bearings Proportion.

Applicable Proportion means, in respect of a relevant Event Determination Date:

Applicable Proportion the proportion which the Premises bears in terms of the conditions in the Title Deeds or (as the case may be) the proportion allocated upon the owner or occupier of the Premises by any competent authority under any Legal Requirements;

Applicable Proportion means (a) as to GroceryCo, the Applicable GroceryCo Proportion and (b) as to SnackCo, the Applicable SnackCoProportion.

Applicable Proportion means (a) as to Horizon, the Applicable Horizon Proportion, and (b) as to TriMas, the Applicable TriMas Proportion. “Applicable TriMas Proportion” means, with respect to any Shared Liability, 60%.