Reference Obligation Notional Amount definition

Reference Obligation Notional Amount means the amount listed in Schedule 1 hereto as reduced from time to time in accordance with the provisions of this Confirmation. For the avoidance of doubt, but subject to all other provisions of this Confirmation, the Reference Obligation Notional Amount in respect of a Reference Obligation may be equal to, less than or greater than either (i) the entire issue amount of such Reference Obligation; or (ii) the entire principal amount of such Reference Obligation, if any, held by Buyer.

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Reference Obligation Notional Amount means, on the Effective Date with respect to a Reference Obligation, the product of: (i) the Original Principal Amount; (ii) the Initial Factor; and (iii) the Applicable Percentage.

Reference Obligation Notional Amount or "RONA" means an amount placed on deposit with the Reference Entity by the Issuer upon issue of the Certificates, which amount may be reduced or increased in the manner set out in Collateral Security Condition 3.2(b).

Examples of Reference Obligation Notional Amount in a sentence

Comparing the Reference Obligation Notional Amount and the Protected Reference Obligation Notional Amount at the Credit Event Date included in the Credit Event Notice.
Following a Reduction/Removal of the Protected Reference Obligation Notional Amount in respect of a Reference Obligation, the Reference Obligation Notional Amount in respect of such Reference Obligation shall be reduced by an amount which is in the same proportion to the Reference Obligation Notional Amount as the amount such Reduction/Removal bears to the Protected Reference Obligation Notional Amount.
The Reference Obligation Notional Amount in respect of a Reference Obligation shall in all cases be no greater than the Relevant Lender's exposure to Protected Reference Obligation Notional Amount: Protected Reference Portfolio Notional Amount: such Reference Obligation, such exposure as determined on the Relevant Date.
In respect of a Reference Obligation, the amount (denominated in Euro) designated by the Buyer in the Reference Register in respect of such Reference Obligation under the heading "PRONA", provided that such amount shall be equal to 95% of the Reference Obligation Notional Amount of such Reference Obligation on the applicable Relevant Date, as adjusted pursuant to the terms of this Transaction.

More Definitions of Reference Obligation Notional Amount

Reference Obligation Notional Amount means: On the Effective Date, the product of:

Reference Obligation Notional Amount means, at any time in respect of any Reference Obligation, an amount in EUR equal to the lesser of:

Reference Obligation Notional Amount has the meaning given to such term in the CDS.

Reference Obligation Notional Amount means (i) with respect to a Reference Obligation that is denominated in USD, the amount listed in Schedule

Reference Obligation Notional Amount or "RONA" means an amount placed on deposit with the Reference Entity by the Hedge Counterparty upon issue of the Securities, as reduced by an amount equal to any withdrawals made by the Hedge Counterparty from the Deposit from time to time or increased by any cash transfers made by the Hedge Counterparty into the Deposit from time to time.

Reference Obligation Notional Amount means, in respect of any Reference Obligation, an amount in USD equal to either:

Reference Obligation Notional Amount means, in respect of each Reference Obligation, the protected principal amount of such Reference Obligation specified in the Reference