Reference Portfolio NAV definition

Reference Portfolio NAV means, for each Reference Portfolio, on any Valuation Date, the sum of the Component Value of all the Components of the Reference Portfolio.
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Reference Portfolio NAV means, on any day, the sum of each Reference Asset NAV contained in the portfolio, in addition to any unpaid, due ROC Payments (currently between their ROC Payment Valuation Date and ROC Payment Date).
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Examples of Reference Portfolio NAV in a sentence

  • The Note Calculation Agent will determine the Note Reference Portfolio NAV, and each of the values that is used to determine the Note Reference Portfolio NAV, in accordance with Section 1.3 (Calculations and Determinations in Respect of the Note Reference Portfolio) of this Schedule 1 (Note Reference Portfolio).

  • Any amounts not denominated in the Note Currency will be converted into the Note Currency at the Note Conversion Rate prior to being used to determine the Note Reference Portfolio NAV.

  • The Reference Portfolio NAV of each Reference Portfolio as of each Valuation Date will be equal to the sum of the Component Value of all the Components of the Reference Portfolio.

  • For avoidance of doubt, all other Components of a Reference Portfolio shall remain unaffected and the reference closing prices shall be as of the initially scheduled Valuation Date.More specifically, the Maturity NAV for the purposes of calculating the Maturity Redemption Amount will correspond to the average of the six Reference Portfolio NAV calculated as of the six Valuation Dates occurring during the last six months of the term of the Notes.

  • If a Credit Strategy Investment Lock-Out Trigger occurs at any time after the Issue Date, the Note Reference Portfolio NAV will be deemed to be zero for the remainder of the term of the Notes.

  • The higher the Note Reference Portfolio NAV of the Series, the greater the amount of the Fee and the greater the deduction to the Note Investment Account of the Series.

  • Rear Yard Depth 25 feet, or 10% of the lot depth, whichever is smaller 7-5: Height Regulations.No building shall exceed 35 feet in height, unless otherwise provided.

  • References may be made in the BNF to patient use of a product, the need for patient instruction and some patient counselling messages. Evidence for patient training in an SPC can be found in section 4.2, Posology and Method of Administration. Where there is only one AMP available and the VMP has an ‗approved‘ generic name then that product should NOT be marked with any of the VMP not recommended to prescribe flags.

  • If any amounts used to determine the Note Reference Portfolio NAV for the Series are not denominated in the Note Currency for the Series, then those amounts will be converted to the Note Currency for the Series at the Note Conversion Rate prior to determining the Note Reference Portfolio NAV for the Series.

  • The EOP provides a structure for coordinating preparedness, response, and recovery efforts by MSU personnel and resources.

Related to Reference Portfolio NAV

  • Reference Portfolio means, the notional portfolio made up of each Reference Asset, as described in this Information Statement under “Reference Portfolio”.

  • Reference Portfolio Return means on any day, the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio.

  • Reference Cut-Off Date means the eighth Scheduled Trading Day immediately following the Scheduled Reference Date or, if earlier, the Scheduled Trading Day falling on or immediately preceding the second Business Day immediately preceding the due date on which payment of any amount or delivery of any assets may have to be made pursuant to any calculation or determination made on such Reference Date, provided that the Reference Cut-Off Date shall not fall prior to the original date on which such Reference Date was scheduled to fall.

  • Reference Asset Weight means, in respect of a Reference Asset, the proportion of the Reference Portfolio set out under the heading “Reference Portfolio Weight” for such Reference Asset in the table included under “THE REFERENCE PORTFOLIO, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Reference Asset means a reference asset of the relevant Index or Investment Strategy in respect of a Series of ETP Securities as specified in the Final Terms.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • FTR Portfolio Auction Value means for each customer account of a Market Participant, the sum, calculated on a monthly basis, across all FTRs, of the FTR price times the FTR volume in MW.

  • Reference Assets means the underlying interest contained in the Reference Portfolio, and “Reference Asset” means each of the Reference Assets.

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Reference mass means the "unladen mass" of the vehicle increased by a uniform figure of 100 kg for test according to Annexes 4a and 8;

  • Specified Asset as defined in subsection 4.2.2 hereof.

  • Reference plane means a plane which is displaced from and parallel to the tomographic plane.

  • Timber Sale Account is an account maintained by Forest Service of all Pur- chaser’s deposits, credits, payment guarantees, and the charges for:

  • Portfolio Asset means an asset of an investment fund;

  • Reference Day means each Business Day in the relevant Interest Period, other than any Business Day in the Lock-out Period;

  • Reference Property shall have the meaning specified in Section 14.07(a).

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Excess Spread means, with respect to any Distribution Date, the sum of the amounts, if any, specified pursuant to subsections 4.05(a)(iv), 4.05(b)(iii) and 4.05(c)(ii) with respect to such Distribution Date.

  • Reference Gilt means the Treasury Stock specified as such in the relevant Final Terms for so long as such stock is in issue, and thereafter such issue of index-linked Treasury Stock determined to be appropriate by a gilt-edged market maker or other adviser selected by the Issuer and approved by the Bond Trustee (an “Indexation Adviser”).

  • Relevant Reference Price means the Reference Price on the Final Valuation Date. "Security Holder" means the holder of a Security.

  • Underlying Asset means the object or underlying asset in a CFD which may be Currency Pairs (for FX Contracts), Equity Indices, base or precious Metals, Forwards, Commodities, Stocks, Shares Indices and Futures. It is understood that the list is subject to change and Clients must refer each time on the Trading Platform.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Reference Amount In relation to (a) any Term Obligation, the Outstanding Principal Amount thereof and (b) any Committed Obligation, the Commitment Amount thereof. Utilization Amount: In relation to any Calculation Period, the daily average of the Portfolio Notional Funded Amount during such Calculation Period. Maximum Portfolio Notional Amount: USD750,000,000, or such greater amount as the parties may agree to in writing. Minimum Portfolio Notional Amount: 80% of the Maximum Portfolio Notional Amount. Business Day: New York Business Day Convention: Following (which shall apply to any date specified herein for the making of any payment or determination or the taking of any action which falls on a day that is not a Business Day). If any anniversary date specified herein would fall on a day on which there is no corresponding day in the relevant calendar month, then such anniversary date shall be the last day of such calendar month. Floating Rate Index: Whenever in this Confirmation reference is made to any Floating Rate Option (including any floating rate index specified in any Reference Obligation Credit Agreement) or to USD-LIBOR-BBA (each, a "Floating Rate Index"), in no event may such Floating Rate Index be less than zero. In addition, with respect to any Counterparty First Floating Amount, if payment of interest on a Reference Obligation (or any portion thereof) is subject to the payment of a specified minimum rate regardless of the level of the relevant Floating Rate Index, then, without limiting the effect of the preceding sentence, such Floating Rate Index will be determined without regard to such specified minimum rate. Monthly Period: Each period from and including the 12th day of any calendar month to but excluding the same day of the immediately succeeding calendar month. Calculation Agent: Citibank; provided that, if an Event of Default described in Section 5(a)(vii) occurs with respect to Citibank as Defaulting Party and no Event of Default has occurred with respect to Counterparty as Defaulting Party, then Counterparty may designate any of Bank of America, NA, The Bank of Montreal, Barclays Bank plc, Canadian Imperial Bank of Commerce, Credit Suisse, Deutsche Bank AG, JPMorgan Chase Bank, N.A., UBS AG and Xxxxx Fargo Bank, National Association as Calculation Agent, which designation shall be effective only (a) if such designated entity accepts such appointment and agrees to perform the duties of the Calculation Agent hereunder and (b) so long as such Event of Default with respect to Citibank as Defaulting Party continues. Unless otherwise specified, the Calculation Agent shall make all determinations, calculation s and adjustments required pursuant to this Confirmation in good faith and on a commercially reasonable basis. Calculation Agent City: New York Initial Price: In relation to any Reference Obligation (and the related Transaction), the Initial Price specified in Annex I. The Initial Price will be determined as of the related Obligation Trade Date exclusive of accrued interest and will be expressed as a percentage of the Reference Amount. The Initial Price will be determined exclusive of Costs of Assignment that would be incurred by a buyer in connection with any purchase of the Reference Obligation and exclusive of any Delay Compensation.

  • Transaction Day means each twenty-four (24) hour period or portion thereof, for which a customer of a Rental Car company rents, or otherwise enters into a similar arrangement for the use of a Motor Vehicle and for which the Rental Car company collects revenue from the customer. Late returns (after twenty-four (24) hours) shall be considered a Transaction Day.

  • Current Portfolio At any time, the portfolio of Collateral Obligations and Cash and Eligible Investments representing Principal Proceeds (determined in accordance with Section 1.3 to the extent applicable), then held by the Issuer.