PA2 definition

PA2 is the Second Price Adjustment factor.
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PA2 means, in respect of each Transaction, (a) if the Reference Security has been sold, the relevant Final Market Value as of the Valuation Date and (b) if the Reference Security has matured or amortized, the amount received in respect of such maturity or amortization; provided, that the calculation of PA2 is subject to the provisions set forth under "Prepayment" and "Elective Early Termination, Default Swap Termination and Partial Portfolio Reduction Termination".
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Examples of PA2 in a sentence

  • The Programme is rated A in respect of Notes with a maturity of more than one year by Fitch Ratings Limited (“Fitch”) and (P)A2 in respect of Notes with a maturity of more than one year by ▇▇▇▇▇’▇ Investors Service Hong Kong Ltd.

  • Coatings thickness shall be determined by the use of magnetic thickness instruments used and calibrated to SSPC, Paint Application Standard PA-2.

  • The Programme is rated A in respect of Notes with a maturity of more than one year by Fitch and is rated (P)A2 in respect of Notes with a maturity of more than one year by ▇▇▇▇▇’▇.

  • With respect to the initial Business Combination Vote, if any, each of the Sponsor, PA-2 Co-Investment, the CH Founder Share Subscribers and the Company’s directors and officers has agreed to vote all of the Founder Shares and Public Shares it then holds, if any, in favor of the Company’s initial Business Combination.

  • PA-1 A9 Perth Perth - Ballinluig - Perth 1 5 61 61 60 1 PA-2 A9 Ballinluig Ballinluig - Dalnacardoch – Pitlochry – Ballinluig.

  • If such employee is not qualified to perform the duties of a PA2 no later than the end of the employee’s probationary period, the employee may: (1) take the VSP at Stage One or (2) remain as an MRO and have their wage rate reduced as set out below or (3) remain as an MRO and elect to take the lump sum payment provided for in the Letter of Understanding regarding Mailing Room – Lump Sum Payment and shall step down in rate as set out in such Letter of Understanding.

  • The Company agrees that the duties previously performed by current Platemakers will be performed by either a PA2 or PA1 who will hold the position assignment of “platemaker duties”.

  • Except as provided herein, MRO hired before January 22, 2006 and all Journeyperson, and PA2 (both full-time and part-time) employee who has completed the employee’s probation and has three successive months' priority with the Employer is automatically eligible for this Plan, subject to the terms of the Plan and provisions of this collective agreement.

  • In addition, the PA 1 must have worked four (4) years full time OR have fourteen (14) semesters of service as an adjunct PA1 in order to be eligible for promotion to PA2.

  • The Company will provide a lump sum payment to MRO’s at the grandfathered rate (including Restricted Operators) who do not apply for the Voluntary Separation Program (“VSP”) at Stage 1 AND who do not apply for any PA2 vacancies that are created through the implementation of the VSP-Stage.

Related to PA2

  • M2 is the calendar month, expressed as a number, in which the day immediately following the last day of the Interest Period falls;

  • M1 is the calendar month, expressed as a number, in which the first day of the Interest Period falls;

  • m3 means cubic metre of gas and "10³m³" shall mean 1,000 cubic metres of gas;

  • A3 or higher from ▇▇▇▇▇’▇; “A” or higher from Fitch; and/or the equivalent from another internationally recognised credit rating agency acceptable to the Association. If we cease to satisfy such requirement, then we shall as soon as practicable notify the Operator and the Association in writing of the same;

  • Aa2 and “P-1” for instruments with a term in excess of six months, (ii) with respect to rating assigned by S&P, “A-1” for short-term instruments and “A” for long-term instruments, and (iii) with respect to rating assigned by Fitch (if such investment is rated by Fitch), “F-1+” for short-term instruments and “AAA” for long-term instruments.