Initial Financing Level definition

Initial Financing Level means the Initial Reference Price specified in the relevant Final Terms or Pricing Supplement or, if so specified in the relevant Final Terms or Pricing Supplement, the amount specified in the relevant Final Terms or Pricing Supplement.
Initial Financing Level means the Initial Reference Price specified in the relevant Final Terms or, if so specified in the relevant Final Terms, the amount specified in the relevant Final Terms.
Initial Financing Level means the currency amount specified as such in the applicable Final Terms.

Examples of Initial Financing Level in a sentence

  • Anfängliches Finanzierungslevel / Initial Financing Level: Das Anfängliche Finanzierungslevel entspricht: siehe Tabelle.

  • In addition we will distinguish between academic high school, vocational high school, and traditional vocational educations.Tables 4-6 present results on enrollment into upper secondary education the same year as finishing compulsory school, within the first two years after finishing compulsory school, and within the first three years after finishing compulsory school, respectively.

  • Section 4.4 General Redemption Conditions Launch Date 07 April 2021, being the date on which the Initial Level and the Initial Financing Level and the Initial Stop Loss Level are fixed.

  • Current Financing Level The Current Financing Level will be determined by the Calculation Agent on a daily basiscommencing from the Initial Financing Level in accordance with below formula, and rounded to USD 0.0001; it will be adjusted before market opening on a daily basis.FLnew Current Financing Level after the adjustment.FLold Current Financing Level before the adjustment.

  • Der Eintritt eines Weiteren Anpassungsereignisses ist gemäss der Definition "Weiteres Anpassungsereignis" in Teil B festzulegen.Section 4.4 General Redemption ConditionsZiffer 4.4 Allgemeine RückzahlungsbedingungenLaunch Date 04 July 2022, being the date on which the Initial Level and the Initial Financing Level and the Initial Stop Loss Level are fixed.Auflegungstag 04.

  • However, the Facility Manager should consider a graded approach when determining the level of effort for the investigation into the cause of the Operational Emergency.

  • Section 4.4 General Redemption Conditions Launch Date 25 May 2021, being the date on which the Initial Level and the Initial Financing Level and the Initial Stop Loss Level are fixed.

  • Section 4.4 General Redemption Conditions Launch Date 25 February 2022, being the date on which the Ini- tial Level and the Initial Financing Level and the Initial Stop Loss Level are fixed.

  • The method of voting on other motions shall be at the discretion of the chair, but any member shall be entitled to ask for a division.

  • Current Financing Level The Current Financing Level will be determined by the Calculation Agent on a daily basiscommencing from the Initial Financing Level in accordance with below formula, and rounded to EUR 0.0001; it will be adjusted before market opening on a daily basis.FLnew Current Financing Level after the adjustment.FLold Current Financing Level before the adjustment.


More Definitions of Initial Financing Level

Initial Financing Level means the level specified as such in the definition of the relevant Series in
Initial Financing Level means the level specified as such in the definition of the relevant Series in the applicable Final Terms, subject to adjustment in accordance with Product Condition 4;

Related to Initial Financing Level

  • Closing Level : means the official daily Closing Level of the Index as published by the Index Sponsor in relation to each Scheduled Trading Day during the Investment Term.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • Pricing Level III shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.00 to 1.00 but greater than or equal to 2.50 to 1.00.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • First Equity Financing Price means (x) if the pre-money valuation of the Company immediately prior to the First Equity Financing is less than or equal to the Valuation Cap, the lowest price per share of the Equity Securities sold in the First Equity Financing or (y) if the pre-money valuation of the Company immediately prior to the First Equity Financing is greater than the Valuation Cap, the SAFE Price.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Indebtedness as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • SBIC Equity Commitment means a commitment by the Borrower to make one or more capital contributions to an SBIC Subsidiary.

  • Applicable Rating Level at any time shall be determined in accordance with the then-applicable S&P Rating or the then-applicable Xxxxx’x Rating as follows: S&P Rating/Xxxxx’x Rating Applicable Rating Level S&P Rating AA or higher or Xxxxx’x Rating Aa2 or higher 1 S&P Rating AA- or Xxxxx’x Rating Aa3 2 S&P Rating A+ or Xxxxx’x Rating A1 3 S&P Rating A or Xxxxx’x Rating A2 4 S&P Rating A- or below or Xxxxx’x Rating A3 or below or unrated 5 The Applicable Rating Level for any day shall be determined based upon the higher of the S&P Rating and the Xxxxx’x Rating in effect on such day. If the S&P Rating and the Xxxxx’x Rating are not the same (i.e., a “split rating”), the higher (better) of such ratings shall control, unless the ratings differ by more than one level, in which case the rating one level below the higher of the two ratings shall control.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • First Lien Leverage Ratio means the ratio, as of any date, of (a) Consolidated First Lien Debt as of the last day of the Test Period then most recently ended to (b) Consolidated Adjusted EBITDA for the Test Period then most recently ended, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Effective Leverage Ratio has the meaning set forth in the Statement.

  • Applicable Pricing Level means, for each Pricing Period the pricing level set forth below opposite the Debt Rating achieved by Borrower as of the first day of that Pricing Period: Pricing Level Debt Rating I Greater than or equal to A1 / A+ II Less than A1 / A+ but greater than or equal to A2 / A III Less than A2 / A but greater than or equal to A3 / A- V Less than Baa2/BBB provided that in the event that the then prevailing Debt Ratings are “split ratings”, Borrower will receive the benefit of the higher Debt Rating, unless the split is a “double split rating” (in which case the pricing level applicable to the middle Debt Rating will apply) or a “triple split rating” (in which case the pricing level applicable to the Debt Rating above the Debt Rating applicable to the lowest pricing level will apply). For purposes hereof, a Debt Rating is only a “split rating” if the Debt Rating applies to a different pricing level.

  • Qualified Equity Financing means the first sale (or series of related sales) by the Company of its Preferred Stock following the Date of Issuance from which the Company receives gross proceeds of not less than $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale or series of related sales).

  • Equity Commitment Letter has the meaning set forth in Section 3.4(a).