Income Component definition

Income Component means, for any Issuance Order Date or any Redemption Order Date occurring during any Calculation Period, the portion of the Per Share Underlying Value of each Up-MACRO or Down-MACRO Holding Share to be issued on the related Issuance Date or redeemed on the related Redemption Date that represents the Up-MACRO or Down-MACRO Earned Income Accrual allocable to such share during the period from the last preceding Distribution Date to such Issuance Order Date or Redemption Order Date, as applicable.
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Income Component means, for any Issuance Order Date or any Redemption Order Date occurring during any Calculation Period, the portion of the Per Share Underlying Value of each Up or Down MacroShare to be issued on the related Issuance Date or redeemed on the related Redemption Date that represents the Up or Down Earned Income Accrual allocable to such share during the period from the last preceding Distribution Date to such Issuance Order Date or Redemption Order Date, as applicable.
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Income Component has the meaning set forth in Section 1.3(b).
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Examples of Income Component in a sentence

  • The Fixed Income Component of the Fund shall consist of a portfolio of Permitted Fixed Income Securities, Permitted Fixed Income Futures, Permitted Fixed Income Derivatives, and/or Cash (collectively, "Permitted Fixed Income Investments").

  • Account Fee Structure Per Annum: Combined Account Structure $30,000 Fund of Funds Structure - Equity Component and First Three Fixed Income Components $30,000 - Fixed Income Component (after first three funds) $2,000 Other: Fees will be computed, billed and payable on a monthly basis in advance.

  • The Individual Award Opportunities provided by the Operating Income Component are based on (a) achieving certain levels of Operating Income in [ ] that exceed the Operating Income Baseline for [ ] and (b) Your Target Payout Factor Earned.

  • Schedule A [ ] Plan – Operating Income Component ArcBest 16b Annual Incentive Compensation Plan Pursuant to the Executive Officer Incentive Compensation Plan (the “Governing Plan”), the Compensation Committee of the ArcBest Corporation Board of Directors (“Compensation Committee”) has adopted this Operating Income Component as a component of the [ ] Plan, including the following Individual Award Opportunities and Performance Measures for ArcBest Corporation and its subsidiaries.

  • Fixed Income Component The Fixed Income Component shall comprise a number of coupon bearing and zero coupon bonds and strips issued by the Republic of Italy, in accordance with the Investment Restrictions, which will mature on or before the Cash Maturity Date at par, with the amount invested in the Fixed Income Component at any time being determined by the CPPI Strategy.

  • Cushion means the difference between the Net Asset Value of the Fund and the amount required to be invested in the Fixed Income Component on that Business Day to protect the value of the Minimum Protection Level for each Share on the Scheduled Maturity Date, expressed as a percentage of the Net Asset Value.

  • Ongoing Participation Levels The Cushion is used to determine the allocation to the Baskets (the “Baskets Allocation”) and to the Fixed Income Component.

  • On the Portfolio Date or at any later time the Fund may invest partially in the Fixed Income Component to ensure it reaches the Minimum Protection Level at the Scheduled Maturity Date.

  • In such event 30-40% of the Portfolio shall be allocated to the Fixed Income Component.

  • The target amount for payment at 100% of the Non-GAAP Operating Income Component is $___ million.

Related to Income Component

  • Class C Component The Component having such designation.

  • Class D Component The Component having such designation.

  • Class A-S Component The Component having such designation.

  • Class E Component The Component having such designation.

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Class B Component The Component having such designation.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Cash Component means that portion, if any, of the Conversion Shares Offer Consideration consisting of cash.

  • Accrual Components As specified in the Preliminary Statement.

  • NOPAT means cash adjusted net operating profits after taxes for the Plan Year, calculated as follows:

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • Dilution Volatility Component means the product (expressed as a percentage) of (i) the difference between (a) the highest three (3)-month rolling average Dilution Ratio over the past 12 Calculation Periods and (b) the Adjusted Dilution Ratio, and (ii) a fraction, the numerator of which is equal to the amount calculated in (i)(a) of this definition and the denominator of which is equal to the amount calculated in (i)(b) of this definition.

  • Class A-4 Component The Component having such designation.

  • Class A-2 Component The Component having such designation.

  • Supplier Profit Margin means, in relation to a period or a Milestone (as the context requires), the Supplier Profit for the relevant period or in relation to the relevant Milestone divided by the total Call Off Contract Charges over the same period or in relation to the relevant Milestone and expressed as a percentage;

  • Component means an article, material, or supply incorporated directly into an end product.

  • Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.

  • Class A-1 Component The Component having such designation.

  • Class X-1 Strip Rate With respect to any Distribution Date, the amount, if any, by which (i) the Weighted Average Net Mortgage Rate for such Distribution Date exceeds (ii) the sum of the Class LA-1-2-A Component Class X-2 Strip Rate and the Class A-1 Pass-Through Rate for such Distribution Date.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Class X Strip Rate With respect to each Component for any Distribution Date, a rate per annum equal to: (i) the WAC Rate for such Distribution Date, minus (ii) the Pass-Through Rate for the Corresponding Certificates.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 65.70% minus the Additional Required Enhancement Percentage and (ii) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Class C Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class C Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".