Initial Classes definition

Initial Classes when used herein mean: (x) the Revolving Credit Facility and the Term Credit Facility as in effect on the Closing Date, (y) any increase in the aggregate amount of Commitments and/or Loans thereunder effected under Section 1.16 hereof on identical terms and conditions (and which are not, and not required to be, treated or designated as a separate “series” or “Class”) and/or (z) any Class of Loan and/or Commitments hereunder effected under Sections 1.16, 1.18, 1.19 or 1.20 as revolving or “term A” credit facilities on substantially the same terms and conditions as the Revolving Credit Facility and Term Credit Facility as in effect on the Closing Date, which has been reasonably designated by the Borrower and the Administrative Agent at the time of the incurrence thereof as part of the “Initial Class” for purposes of this Agreement and which may include, without limitation, a separate “series” or “Class” of Loans and/or Commitments which are reasonably designated as a separate “series” or “Class” by the Borrower and the Administrative Agent at the time of the incurrence thereof solely as a result of differences in interest rates (including through fixed interest rates), interest margins, rate floors, fees, funding discounts, original issue discounts, optional prepayment or optional redemption premiums/terms and/or maturity extensions), but, for purposes of this clause (z), excluding any Class of Loans having or requiring scheduled annual amortization of principal less than 2.50% the initial stated aggregate principal amount of such Loans.

Initial Classes means the following classes of Equity Securities: ETFS 3x Daily

Initial Classes have the meanings specifiedis defined in the definition of the term “Class” in this Section 5.1.

Examples of Initial Classes in a sentence

• Classes 1/1A aviator training program students must have a valid, USAAMC-approved, Initial Classes 1/1A FDME before acceptance into aviator training programs and upon arrival for flight training at Fort Rucker.

• Annualised RateThe Annualised Rate applicable to each class of Short and Leveraged Equity Security is an annual percentage rate which comprises the sum of the Swap Spread, the Collateral Cost and rates equal to the Administration Allowance and the Licence Allowance.As at the date of this Prospectus, the Administration Allowance applicable to the Initial Classes of Short and Leveraged Equity Security is an annual rate of 0.70 per cent.

• The India Sub Plan as applicable to India shall not be subject to changes as required by the ESOP Guidelines unless prior approvals from the relevant Indian regulatory authorities, if required, have been obtained in this behalf.

• Developing Professional Pedagogical Mastery of Future Initial Classes Teachers.

• We are in the midst of conducting a comprehensive review of all active foster cases related to Title IV-E eligibility, to ensure that we are maximizing the use of federal funds to support the children in our care.

• The Swap Spread and Collateral Cost applicable to the Initial Classes of Short and Leveraged Equity Security and the China Securities on any day may be found at https://www.wisdomtree.eu/pricingIn certain circumstances the Equity Contract Counterparty may propose amendments to the Swap Spread or the Collateral Cost applicable to (i) a class of Equity Contracts relating to the Initial Classes of Short and Leveraged Equity Security that exceed 1 per cent.

• The Swap Spread and Collateral Cost applicable to the Initial Classes of Short and Leveraged Equity Security and the China Securities on any day may be found at http://www.etfsecurities.com/retail/uk/en-gb/pricing-ThreeTimesETC.aspx.In certain circumstances the Equity Contract Counterparty may propose amendments to the Swap Spread or the Collateral Cost applicable to (i) a class of Equity Contracts relating to the Initial Classes of Short and Leveraged Equity Security that exceed 1 per cent.

• Table of Initial Classes, Terms, and Other Artifacts 183 Appendix D.

• Shares of each Series (or class) established pursuant to this Section 7, unless otherwise provided in the resolution establishing such Series, shall have the same relative rights and preferences as the Initial Series (and the Initial Classes) set forth in Section 6.

• The Swap Spread and Collateral Cost applicable to the Initial Classes of Short and Leveraged Equity Security on any day may be found at http://www.etfsecurities.com/retail/uk/en-gb/pricing-ThreeTimesETC.aspx.In certain circumstances the Equity Contract Counterparty may propose amendments to the Swap Spread or the Collateral Cost applicable to a class of Equity Contracts relating to the Initial Classes of Short and Leveraged Equity Security that exceed 1 per cent.

More Definitions of Initial Classes

Initial Classes means the Classes referred to in clause 3.2 (b).

Initial Classes is defined in the definition of the term “Class”.