Index Adjustment Amount definition

Index Adjustment Amount means, on any given day, the sum of the Daily Index Adjustment Amount, (i) for the purposes of calculating any interest payment, during the period from but excluding the last Interest Valuation Date (or, if there is no last Interest Valuation Date, the Original Issue Date) to and including the next Interest Valuation Date and, (ii) for the purposes of calculating any Redemption Value, during the period from but excluding the last Interest Valuation Date (or, if there is no last Interest Valuation Date, the Original Issue Date) to and including the applicable Redemption Valuation Date, in each case, plus any Index Adjustment Amount Shortfall on the last Interest Payment Date.
Sample 1

Examples of Index Adjustment Amount in a sentence

  • The amount of Interest that shall be paid on each $25 Face Amount on any Interest Payment Date, if any, shall be an amount in cash equal to the greater of (i) zero and (ii) the result of the Reference Distribution Amount on the Interest Valuation Date immediately preceding such Interest Payment Date minus the Index Adjustment Amount on the Interest Valuation Date immediately preceding such Interest Payment Date.

  • Face Amount: $ Principal Amount: on the Stated Maturity Date, the Company will pay the Holder an amount, if any, in cash equal to: the greater of (i) zero and (ii) the sum of the Face Amount then Outstanding plus the result of (1) the product of the Face Amount then Outstanding times the Index Return minus (2) any Index Adjustment Amount Shortfall on the Determination Date.

Related to Index Adjustment Amount

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 2.3(b)(i)(A).

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Index Adjustment Event means, in respect of the Index, an Administrator/Benchmark Event, an Index Cancellation, an Index Disruption or an Index Modification.

  • Adjusted Value as used in subdivision (d) means:

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.C.