Official Level definition

Official Level means on any day, (i) in respect of an Index, the official closing level of the relevant Reference Asset at the close of trading on the Relevant Exchange, as published and disseminated by the relevant Index Sponsor, (ii) in respect of Aluminium for which the level is published at 13:00pm London time in respcet of Zinc for which the level is published 12:55pm London time and in respect of Copper for which the level is published at 12.35pm London time, the official level of such Reference Assets published by the Price Source on such day as determined by the Issuer by reference to the Reference Page;
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Official Level means on any day, (i) in respect of an Index, the official closing level of the relevant Reference Asset at the close of trading on the Relevant Exchange, as published and disseminated by the relevant Index Sponsor, (ii) in respect of Oil, the settlement price established by the NYMEX settlement committee at the close of each trading session on such day as determined by the Issuer by reference to the Reference Page, (iii) in respect of Aluminium for which the level is published at 13:00pm London time and Zinc for which the level is published 12:55pm London time, the official level of such Reference Assets published by the Price Source on such day as determined by the Issuer by reference to the Reference Page, (iv) in respect of Gold the A.M. level published by the Price Source, and (v) in respect of the Australian Dollar Exchange Rate, the official level published by the Price Source on such day as determined by the Issuer by reference to the Reference Page;
Sample 1
Official Level means on any day in respect of an Index, the official closing level of the relevant Reference Asset at the close of trading on the Relevant Exchange, as published and disseminated by the relevant Index Sponsor;
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Examples of Official Level in a sentence

  • A course which specializes in only one or two topics does not satisfy the entire subject area requirements for the Certified Awarding Official (Level II).

  • The FSA Board will have the opportunity to inform the position that the FSA senior officials and policy leads will put forward to the Four-Country Official Level Nutrition Policy Group (Stage 6).

  • FSA nutrition policy recommendations will go forward to the Four-Country Official Level Nutrition Policy Group comprising of lead officials from each country.

  • Standard errors clustered at the district-level in parentheses.Table A2: District-level balance VS of 1st place (2011) VS of 1st place (2011) VS of 3rd place (2011)Invite-0.011-0.015 Descriptions of all variables can be found in Table 6.All specifications are estimated using OLS and include block FE.

  • Only a MEGS+ Authorized Official (Level 5) may initiate and submit the grant application.

  • It was also agreed that: ・ Name of the FNCA indicates the total scheme of the cooperation and the forum that consists of th e Ministerial Level Meeting ( MM) and the Senior Official Level Meeting (SOM).

  • The first stage of the review process is undertaken at the Deputy or Senior Official Level (including Central Banks official from member countries), whereby a thorough review process is conducted.

  • While these tables will be reviewed on an annual basis, subsets of these tables may be required by either Department for quarterly or half yearly meetings at Senior Official Level.

  • The Official Level discussions on Financial Resource estimates for Annual Planth2009-10 have commenced since 5November, 2008.

  • An Authorized Official (Level 5) or Application Administrator (Level 4) can click Modify Application from the Main Menu.


More Definitions of Official Level

Official Level. , where applicable, means on any day:
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Related to Official Level

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

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • 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.

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

  • Credit Score means a composite numerical score scaled from 0-100 as calculated by PJMSettlement that incorporates various predictors of creditworthiness.

  • 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.

  • Building level or district level leader means an individual employed by the District whose job assignment is that of a building level or district level administrator or an equivalent role, including an administrator licensed by the State Board of Education, an unlicensed administrator, or an individual on an Administrator Licensure Completion Plan. Building level or district level leader does not include the superintendent, deputy superintendents, associate superintendents, and assistant superintendents.

  • 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.

  • 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.

  • Level 4 means a project of greater than 550 kWac and not more than 1 MWac.

  • Significance Percentage With respect to any Distribution Date, and in accordance with Item 1115 of Regulation AB, shall be a percentage equal to the Significance Estimate divided by the aggregate outstanding Certificate Principal Balance of the Certificates, prior to the distribution of the Principal Distribution Amount on such Distribution 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.

  • credit meter means a meter where an account is issued subsequent to the consumption of electricity;

  • 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.

  • CMSA Loan Level Reserve/LOC Report means the monthly report substantially in the form of, and containing the information called for in, the downloadable form of the "Loan Level Reserve/LOC Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Base Rate Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • Level III means a level of detail in the CPM Schedule which is an implementation (control) schedule used to direct the Work by providing schedule parameters to the more detailed implementation level, identify and resolve schedule problems, status progress in terms of Milestones, measure the impact of scope changes and delays, develop recovery plans, and support schedule-related contractual action. The work breakdown structure in the Level III CPM Schedule is at an area level, and shall involve over two thousand (2,000) activities. The Level III CPM Schedule is developed with the assistance of and accepted by Contractor’s Key Personnel. All Major Equipment (including bulk material requirements) are scheduled at area level and detailed construction activities at each commodity level follow the same area concept. The Subcontract schedules are similarly developed for each area, as applicable.

  • Applicable Rating Level at any time and for any Borrower shall be determined in accordance with the then-applicable S&P Rating and the then-applicable Xxxxx’x Rating for such Borrower as follows: S&P Rating/Xxxxx’x Rating Applicable Rating Level S&P Rating A or higher or Xxxxx’x Rating A2 or higher 1 S&P Rating A- or higher or Xxxxx’x Rating A3 or higher 2 S&P Rating BBB+ or Xxxxx’x Rating Baa1 3 S&P Rating BBB or Xxxxx’x Rating Baa2 4 S&P Rating BBB- or Xxxxx’x Rating Baa3 5 S&P Rating BB+ or below or Xxxxx’x Rating Ba1 or below, or no S&P Rating or Xxxxx’x Rating 6 The Applicable Rating Level for any Borrower and for any day shall be determined based upon the higher of the S&P Rating and the Xxxxx’x Rating for such Borrower 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 of such ratings shall control, unless (i) the ratings differ by more than one level, in which case the rating one level below the higher of the two ratings shall control, or (ii) either rating is below BBB- or Baa3 (as applicable), in which case the lower of the two ratings shall control.

  • Credit Rating means the rating assigned by a Rating Agency to the senior unsecured long term Indebtedness of a Person.

  • Acceptable Credit Rating means a minimum long term credit rating of either BBB from Standard & Poors or Baa2 from Xxxxx’x; Access Undertaking means:

  • Credit Enhancement Percentage For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the sum of the aggregate Certificate Principal Balances of the Mezzanine Certificates and the Class CE Certificates, and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans, calculated after taking into account distributions of principal on the Mortgage Loans and distribution of the Principal Distribution Amount to the Certificates then entitled to distributions of principal on such Distribution Date.

  • Sound level means the A-weighted Sound Pressure Level;