Moody’s Second Trigger Credit Support Amount means, for any Valuation Date, the excess, if any, of
Moody’s Second Trigger Credit Support Amount means, for any Valuation Date, the excess, if any, of(III) (A) for any Valuation Date on which it is the case that a Second Trigger Failure Condition has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the Next Payments for all Next Payment Dates and (c) the sum of the Secured Party’s aggregate Exposure and the aggregate of Moody’s Additional Collateralized Amounts for all Transactions.
Moody’s Second Trigger Credit Support Amount means, for any Valuation Date, the excess, if any, of:
Examples of Moody’s Second Trigger Credit Support Amount in a sentence
Moreover, microfinance can increase resilience of poor households to different crises if it provides them with the opportunity to keep some excess income in a safe savings account (Rutherford, 2001).
Where the applicant is a charter school that provides an alternative education program within or to a chartering school district or school districts as the central mission of its charter, written support for the application from the chartering school district.
For purposes of calculating any Delivery Amount or Return Amount for any Valuation Date, reference shall be made to the S&P/Fitch Credit Support Amount, the Moody’s First Trigger Credit Support Amount, or the Moody’s Second Trigger Credit Support Amount, in each case for such Valuation Date, as provided in Paragraphs 13(b)(i)(A) and 13(b)(i)(B), above.
The instruments with the Valuation Percentages listed in (a) Annex A shall be applicable with respect to calculating Xxxxx’x First Trigger Credit Support Amount and Moody’s Second Trigger Credit Support Amount, and (b) Annex B shall be applicable with respect to calculating S&P Credit Support Amount.
More Definitions of Moody’s Second Trigger Credit Support Amount
Moody’s Second Trigger Credit Support Amount means, (A) for any Valuation Date where the Threshold in respect of Party A is zero and on which it is the case that a Xxxxx’x Rating Event has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the Next Payments for all Next Payment Dates and (c) the sum of the Secured Party’s aggregate Exposure and the aggregate of Moody’s Additional Rating Amounts for all Transactions; or (B) for any other Valuation Date, zero.
Moody’s Second Trigger Credit Support Amount means, for any Valuation Date, the excess, if any, of 5 If Moody’s First Trigger Credit Support Amount is calculated using DV01.6 If Moody’s First Trigger Credit Support Amount is calculated without using DV01.7 If Moody’s Second Trigger Credit Support Amount for a fixed schedule swap is calculated using DV01.
Moody’s Second Trigger Credit Support Amount means, (A) for any Valuation Date where the Threshold in respect of Party A is zero and on which it is the case that a Xxxxx’x Rating Event has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the Next Payments for all Next Payment Dates and (c) the sum of the Secured Party’s aggregate Exposure and the aggregate of Moody’s Additional Rating Amounts for all Transactions5; or (B) for any other Valuation Date, zero. For the purposes of this definition, the “Moody’s Additional Rating Amount” with respect to any Transaction shall mean: if such Transaction is not a Transaction-Specific Hedge, [the lesser of (i) the product of 506 and DV01 for such Transaction and such Valuation Date and (ii) the product of 0.087 and the Notional Amount for such Transaction for the Calculation Period which includes such Valuation Date;]8 [the product of the applicable Moody’s Second Trigger Factor set forth in Table 2 and the Notional Amount for such Transaction for the Calculation Period which includes such Valuation Date;]9 or if such Transaction is a Transaction-Specific Hedge, [the lesser of (i) the product of 6510and DV01 (as defined in Paragraph 13(p)(ii)(I) above) for such Transaction and such Valuation Date and (ii) the product of 0.111and the Notional Amount for such Transaction for the Calculation Period which includes such Valuation Date;]12 [the product of the applicable Moody’s Second Trigger Factor set forth in Table 3 and the Notional Amount for such Transaction for the Calculation Period which includes such Valuation Date;]13 or
Moody’s Second Trigger Credit Support Amount means, for any Valuation Date, the excess, if any, of(III) (A) for any Valuation Date on which it is the case that a Second Trigger Failure Condition has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the next payments due to be paid by Party A under each Transaction and (c) the sum of the Secured Party’s aggregate Exposure and the aggregate of Moody’s Additional Collateralized Amounts for each Transaction. 5 Subject to review by Fitch. 6 Subject to review by Fitch.7 Subject to review by Fitch. 13511423.2
Moody’s Second Trigger Credit Support Amount means, (A) for any Valuation Date where the Threshold in respect of Party A is zero and on which it is the case that a Xxxxx’x Rating Event has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the Next Payments for all Next Payment Dates and (c) the sum of the Secured Party’s aggregate Exposure and the aggregate of Moody’s Additional Rating Amounts for all Transactions; or (B) for any other Valuation Date, zero. 1 If Moody’s First Trigger Credit Support Amount is calculated using DV01. 2 If Moody’s First Trigger Credit Support Amount is calculated without using DV01. SASCO 2007-BC2
Moody’s Second Trigger Credit Support Amount means, for any Valuation Date, the excess, if any, of:(III) (A) for any Valuation Date on which it is the case that a Second Trigger Failure Condition has occurred and been continuing for at least 30 Local Business Days, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the next payments due to be paid by Party A under each Transaction and (c) the sum of the Secured Party’s aggregate Exposure and the aggregate of Moody’s Additional Collateralized Amounts for each Transaction.For the purposes of this definition, the “Moody’s Additional Collateralized Amount” with respect to any Transaction shall mean: If such Transaction is not a Transaction-Specific Hedge: If such Transaction is a Transaction-Specific Hedge:
Moody’s Second Trigger Credit Support Amount means, for any Valuation Date, an amount equal to the greatest of (a) zero, (b) the aggregate amount of the Next Payments for all Next Payment Dates (c) the sum of the Transferee's aggregate Exposure and the aggregate of Moody's Second Trigger Additional Collateralised Amounts for all Transactions.