Rebalancing Amount definition

Rebalancing Amount means the amount by which the Eligible Investments and Feeder Fund Shares components of the Basket shall be adjusted such that the Exposure with respect to the Basket matches or is as close as is reasonably possible to the Theoretical Exposure, provided that the Exposure will not exceed 100 per cent.. For the avoidance of doubt, if the Theoretical Exposure is greater than 100 per cent. and the Determination Agent determines that a Rebalancing Event has occurred then the Rebalancing Amount will be calculated so that the Exposure to the Basket matches or is as close as reasonably possible to 100 per cent.;
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Rebalancing Amount means the amount by which the Eligible Investments and Feeder Fund Shares components of the Basket shall be adjusted such that the Exposure with respect to the Basket matches or is as close as is reasonably possible to the Theoretical Exposure and, "Rebalancing" when used in relation to the Basket shall be construed accordingly;
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Rebalancing Amount means an amount determined pursuant to Section 4(c) (Calculation of the Risk Controlled Portfolio Level (Step One)) of this Index Calculation Module.
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Examples of Rebalancing Amount in a sentence

  • Any ABL Revolving L/C Rebalancing shall not require any further action other than the notice by the Administrative Agent to the Issuer of such ABL Revolving L/C Rebalancing, and letters of credit formerly outstanding under the ABL Credit Agreement shall to the extent of such ABL L/C Rebalancing Amount be Letters of Credit hereunder and shall no longer be ABL Letters of Credit.

  • Letters of credit formerly outstanding under the Existing Revolving Credit Agreement shall to the extent of such Existing L/C Rebalancing Amount be Letters of Credit hereunder and shall to such extent no longer be Existing Letters of Credit.

  • Upon payment of the Interim Rebalancing Amount, Development Manager may amend the Letter of Credit without Owner’s consent to reduce the stated amount by the Interim Rebalancing Amount.

  • If Development Manager fails to pay the Interim Rebalancing Amount within fourteen (14) days after the receipt of Owner’s Payment Demand therefor, then Owner may, without notice to Development Manager, draw upon the Letter of Credit and use the proceeds from such draw to reimburse Owner for, or directly fund payment to third parties (including without limitation Development Manager) of, Project Costs.

  • Within five (5) days following payment of the Termination Rebalancing Amount, Owner shall return to Development Manager the original Letter of Credit (including all original amendments and renewals thereto) together with any unused proceeds from any draws on the Letter of Credit, and execute any documentation required to release Owner’s interest in the Letter of Credit.


More Definitions of Rebalancing Amount

Rebalancing Amount means an amount determined pursuant to Section 5(b) (Calculation of Rebalancing Amounts) of this Index Calculation Module (Allocation).
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