OC Level definition

OC Level means 11.0%; provided, however, if each of the Step-Down Conditions are satisfied on a Determination Date preceding the Distribution Date set forth in the following table, the OC Level shall be reduced to the amount set forth with respect to such Distribution Date in the following table; provided, further, however, that if any of such Step Down Conditions are not satisfied with respect to any Distribution Date in the following table, the OC Level shall not be reduced on such Distribution Date and will not be subject to reduction or further reduction, as applicable, until the next Distribution Date set forth in the following table (if any): Distribution Date occurring in: OC Level 18th calendar month 10.5 % 24th calendar month 9.5 % 30th calendar month 8.5 %
Sample 1
OC Level means 13.5%; provided, however, if each of the “Step-Down Conditions” set forth in the AmeriCredit 2005-C-F Letter Agreement are satisfied on a Determination Date preceding the Distribution Date set forth in the following table, the OC Level shall be reduced to the amount set forth with respect to such Distribution Date in the following table; provided, further, however, that if any of such “Step Down Conditions” are not satisfied with respect to any Distribution Date in the following table, the OC Level shall not be reduced on such Distribution Date and will not be subject to reduction or further reduction, as applicable, until the next Distribution Date set forth in the following table (if any): Distribution Date occurring in: OC Level 18th calendar month 12.5 % 24th calendar month 11.5 % 30th calendar month 10.5 %
Sample 1
OC Level means 12.00%; provided, however, if each of the Step-Down Conditions are satisfied on any of the Distribution Dates set forth in the following table, the OC Level for such Distribution Date shall equal the amount in the following table, and shall apply until all Step-Down Conditions are met on a subsequent Distribution Date set forth in the following table: Distribution Date occurring in: OC Level March 2008 11.50 % September 2008 10.50 % March 2009 and thereafter 9.50 %
Sample 1

Examples of OC Level in a sentence

  • Install 1” x 3” strapping, 12” O.C., Level new strapping to the greatest extent possible.

  • ILEC will only perform this if pre-qualification has not been completed prior to the submission of the service request by the CLEC, and it is required: (SBC/California only) ISDN Channelized DS1 DS3 OC Level services Dark Fiber Unbundled Dedicated Transport - DS3 Centrex PBX Any transaction, where the batch transmission from a CLEC includes greater than 200 items in a single transmission.

  • Install 1’ x 3” spruce strapping, 16” O.C. Level new strapping to the greatest extent possible.

  • Outstanding Mortgage Pandbrieven and Cover Assets Outstanding Mortgage Pandbrieven11,500,000,000(I)Nominal Balance Residential Mortgage Loans15,263,077,582(II)Nominal Balance Public Finance Exposures91,500,000(III)Nominal Balance Financial Institution Exposures623,630,708(IV)Nominal OC Level [(II)+(III)+(IV)]/(I)-138.94% 2.

  • Outstanding Mortgage Pandbrieven and Cover Assets Outstanding Mortgage Pandbrieven11,500,000,000 (I)Nominal Balance Residential Mortgage Loans15,151,294,194(II)Nominal Balance Public Finance Exposures91,500,000(III)Nominal Balance Financial Institution Exposures623,883,881(IV)Nominal OC Level [(II)+(III)+(IV)]/(I)-137.97% 2.

  • Outstanding Mortgage Pandbrieven and Cover Assets Outstanding Mortgage Pandbrieven5,000,000,000(I)Nominal Balance Residential Mortgage Loans6,982,659,566(II)Nominal Balance Public Finance Exposures45,000,000(III)Nominal Balance Financial Institution Exposures346,405,777(IV)Nominal OC Level [(II)+(III)+(IV)]/(I)-147.48 % 2.

  • In any event, the Magistrate Judge considered the written briefing (doc.

  • Outstanding Mortgage Pandbrieven and Cover AssetsOutstanding Mortgage Pandbrieven Nominal Balance Residential Mortgage Loans Nominal Balance Public Finance Exposures Nominal Balance Financial Institution Exposures2,250,000,000 (I) 2,946,310,827 (II) 18,000,000 (III) 127,077,692 (IV)Nominal OC Level [(II)+(III)+(IV)]/(I)-137.40 % 2.

  • In those circumstances, it seems to me that it is not practicable to suggest that there be further amendment to paragraph [23].

  • Outstanding Mortgage Pandbrieven and Cover Assets10,000,000,000(I)Outstanding Mortgage Pandbrieven 600,945,873(IV)13,711,005,356(II)91,500,000(III)Nominal Balance Residential Mortgage Loans Nominal Balance Public Finance Exposures Nominal Balance Financial Institution ExposuresNominal OC Level [(II)+(III)+(IV)]/(I)-1 44.03 % 2.

Related to OC Level

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

  • Base Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month which is 12 calendar months prior to the month for which the Substitute Index Level is being determined;

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

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

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • Final Level means, in respect of the Index, the Closing Level on the Final Valuation Date, provided that, if the Final Valuation Date is not an Exchange Business Day, then the Final Level will be determined on the immediately preceding

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

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

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Latest Level means, in respect of an Inflation Index, the latest level of such Inflation Index (excluding any "flash" estimates) published or announced by the relevant Inflation Index Sponsor prior to the month in respect of which the Substitute Index Level is being determined.

  • Action level means a rate of emissions of a hazardous air contaminant as specified in Appendix C or as may be determined under Section 5-261(3) of these regulations. Action Levels are used to determine the applicability of Section 5-261 to stationary sources and shall be derived in accordance with the method prescribed in Appendix E of these regulations.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • 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.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Use Level means the license use meter or model (which may include operating system, hardware system, application or machine tier limitations, if applicable) by which Symantec measures, prices and licenses the right to use the Licensed Software, in effect at the time an order is placed for such Licensed Software, as indicated in this License Agreement and the applicable License Instrument.

  • Integration Level means the Social Security taxable wage base for the Plan Year, unless the Employer elects a lesser amount in (i) or (ii) below.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.

  • Poverty level means the annual family income for a family unit of a particular size, as specified in the poverty guidelines updated annually in the Federal Register by the U.S. Department of Health and Human Services.

  • Final Trigger Level means 85.00%, being a percentage against which the performance of the Index will be measured in order to determine the Final Redemption Amount.

  • Severity Level means the actual impact of a Defect on a user’s operational environment as further described in the table below.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Barrier Level means the Barrier Level as specified in § 1 of the Product and Underlying Data.