Notional definition
Examples of Notional in a sentence
The Notional Hire is payable monthly in arrears and based on the Operating Days of each Pool Vessel in the given period and adjusted for any off-hire.
The Class UR Interest will not have a Certificate Balance or Notional Amount, will not bear interest and will not be entitled to distributions of Prepayment Premiums or Yield Maintenance Charges.
This letter relates to US $[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”) which are held in the form of a beneficial interest in the Rule 144A Book-Entry Certificate of such Class (CUSIP No. [______]) with the Depository in the name of [insert name of Transferor] (the “Transferor”).
The aggregate consideration payable by Aegon to VA for the VA SBB Shares amounts to the Notional.
The Class X-A Certificates shall be issuable only in minimum Denominations of authorized initial Notional Amount of not less than $1,000,000 and in integral multiples of $1.00 in excess thereof.