Hedge Percentage definition

Hedge Percentage. With respect to:

Hedge Percentage. On any day (a) prior to the occurrence of a Hedge Trigger, 0%, and (b) on or after the day on which a Hedge Trigger occurs, 100%.

Hedge Percentage has the meaning specified in Section 4.28 of the Indenture.

Examples of Hedge Percentage in a sentence

• Convertible Note Hedge Percentage: 93.00% Option Entitlement: A number equal to the product of the Applicable Percentage and 14.4865.

• Applicable Percentage: A percentage equal to the product of the Convertible Note Hedge Percentage (expressed as a fraction) and 35.00%.

• Applicable Percentage: A percentage equal to the product of the Capped Call Hedge Percentage (expressed as a fraction) and 35.00% Capped Call Hedge Percentage: 7.00% Option Entitlement: A number equal to the product of the Applicable Percentage and 14.4865.

• Risk Management Program Nine months ended September 30, 2010 Net Operating Margin by Contract Type Nine months ended September 30, 2010 Net Operating Margin including Hedges 2010 – 2013 Combined Hedge Percentage NOTE: Net Operating Margin is calculated as revenue less purchased product costs.

• Risk Management Program 20 2011 – 2013 Combined Hedge Percentage Twelve Months Ended December 31, 2010 Net Operating Margin by Contract Type Twelve Months Ended December 31, 2010 Net Operating Margin including Hedges NOTE: Net Operating Margin is calculated as revenue less purchased product costs.

More Definitions of Hedge Percentage

Hedge Percentage. On any day, an amount equal to (i) 100% for Fixed Rate Loans. The “Hedge Percentage” for Floating Rate Loans is 0%.

Hedge Percentage. (a) On any day that the Aggregate Outstanding Loan Balance exceeds $150,000,000, (i) an amount equal to 100% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans on such date exceeds $50,000,000, or (ii) an amount equal to 0% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans is less than or equal to $50,000,000, or (b) on any day that the Aggregate Outstanding Loan Balance is less than or equal to $150,000,000, (i) an amount equal to 100% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans on such date exceeds $20,000,000, or (ii) an amount equal to 0% if the sum of the Outstanding Loan Balances of all Fixed Rate Loans on such date is less than or equal to $20,000,000.

Hedge Percentage. On any day on which (a) the Principal Balances of Eligible Assets and ABS Direct Loans is less than or equal to $150,000,000, an amount equal to 0% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is less than or equal to $20,000,000, (b) the Principal Balances of Eligible Assets and ABS Direct Loans is less than or equal to $150,000,000, an amount equal to 80% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is greater than $20,000,000, (c) the Principal Balances of Eligible Assets and ABS Direct Loans is greater than $150,000,000, an amount equal to 0% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is less than or equal to $50,000,000 and (d) the Principal Balances of Eligible Assets and ABS Direct Loans is greater than $150,000,000, an amount equal to 80% for Fixed Rate Loans if the sum of the Principal Balances of all Fixed Rate Loans is greater than $50,000,000. The “Hedge Percentage” for Floating Rate Loans is 0%.

Hedge Percentage means the sum of the percentages each of which is determined by dividing each Hedge Accretion which has a Relevant Termination Date within the applicable test period by the RAV (as adjusted for inflation up to that date).

Hedge Percentage means, with respect to any Determination Date and any Hedge Agreement, an amount equal to the quotient of (a) the notional amount of such Hedge Agreement as of the last day of the prior Collection Period, divided by (b) the Note Principal Balance as of the last day of the prior Collection Period; provided, that for any Determination Date in respect of which the sum of the Hedge Percentages for all Applicable Caps and Applicable Swaps in effect as of the last day of the prior Collection Period would be greater than 100% based on the foregoing calculation (such Determination Date, an “Overhedge Date”), the sum of the Hedge Percentages for all such Applicable Caps shall be deemed to be equal to 100% minus the sum of the Hedge Percentages for all such Applicable Swaps.

Hedge Percentage. On any day (a) prior to the occurrence of a Hedge Trigger, 0%, and (b) on or after the day on which a Hedge Trigger occurs, 100%. Hedge Threshold Amount: $25,000,000.

Hedge Percentage. On any day, that (a) the Aggregate Outstanding Loan Balance exceeds $150,000,000, an amount equal to 100% for Fixed Rate Loans if the sum of the Outstanding Loan Balances of all Fixed Rate Loans exceeds $50,000,000 or (b) the Aggregate Outstanding Loan Balance is less than or equal to $150,000,000, an amount equal to 100% for Fixed Rate Loans if the sum of the Outstanding Loan Balances of all Fixed Rate Loans exceeds $20,000,000. The 'Hedge Percentage' for Floating Rate Loans is 0%. The `Hedge Percentage' for Banded Floating Rate Loans, on any day, is an amount equal to 100% if the interest rate on any such Loan is within 0.50% of the maximum interest rate allowable under its Required Loan Documents.