Required Notional Amount definition

Required Notional Amount means, with respect to any date of determination, (x) for Hedge Transactions pursuant to Section 10.6(a)(i), the outstanding principal amount of the Advances on such date of determination, and (y) for Hedge Transactions pursuant to Section 10.6(a)(ii), the greater of (i) $25,000,000 and (ii) the outstanding principal amount of the Advances on such date of determination.

Required Notional Amount means, following an Event Determination Date, a nominal amount of the Charged Assets such that the sale proceeds thereof (at the Charged Asset Market Value as determined by the Calculation Agent) equal to the sum of (a) the relevant Payable Cash Settlement Amount minus, (b) the relevant Swap Settlement Amount plus (c) any costs and expenses associated with such sale PROVIDED THAT where the Required Notional Amount as so determined would exceed the then outstanding principal amount of the Charged Assets, "Required Notional Amount" shall mean the outstanding principal amount of the Charged Assets.

Required Notional Amount means, with respect to any date of determination, the greater of (i) $25,000,000 and (ii) the outstanding principal amount of the Advances on such date of determination.

Examples of Required Notional Amount in a sentence

• In the case of a Portfolio CLS, unless otherwise specified in the Issue Terms, the Calculation Agent shall, in the event that the relevant Payable Cash Settlement Amount is greater than zero and provided that the Charged Assets have not been redeemed, determine the Portfolio Charged Asset Market Value and the Required Notional Amount on the Required Notional Amount Determination Date and shall notify the Trustee, the Principal Paying Agent and the Issuer thereof.

• Sale Notional Amount means, where the Required Notional Amount of Charged Assets is not an integral multiple of the denomination of the Charged Assets, the nearest whole denomination of the Charged Assets to which the Required Notional Amount shall be rounded up and otherwise the Required Notional Amount.

• Available Cash Amount means, in respect of any Payable Cash Settlement Amount, the amount standing to the credit of the Principal Cash Account on the date on which the Required Notional Amount is determined and only to the extent that such amount is applied towards payment of such Payable Cash Settlement Amount.

• Rounding Proceeds means, where the Required Notional Amount is not an integral multiple of the authorised denomination of the Charged Assets, the proceeds of sale of the Charged Assets corresponding to the amount by which the Required Notional Amount was rounded up to the Sale Notional Amount.

• There are instances when animals are sick or aggressive/unadoptable and the kindest thing to do for the animal is to euthanize it.

More Definitions of Required Notional Amount

Required Notional Amount means, with respect to any date of determination, (x) for Hedge Transactions pursuant to Section 10.6(a)(i) , the outstanding principal amount of the Advances on such date of determination, and (y) for Hedge Transactions pursuant to Section 10.6(a)(ii) , the greater of (i) $25,000,000 and

Required Notional Amount is defined in the definition of “Interest Rate Cap Agreement.”

Required Notional Amount means, with respect to the aggregate notional amount of any set of Hedging Arrangements, the lesser of (i) the Net Investment and (ii) the product of (A) the Net Receivables Balance multiplied by (B) 91.5%.

Required Notional Amount means, following an Event Determination Date with respect to a Long Reference Entity, a nominal amount of the Charged Assets (in USD) such that the sale proceeds thereof (including, for the avoidance of doubt, any interest thereon) (at the Market Value of the Charged Assets) are equal to:

Required Notional Amount in Section 1.1 is hereby amended and restated in its entirety as follows:

Required Notional Amount. (a) For any day (other than any day in April, 2002, May, 2002, and June, 2002), the product of (i) 75% and (ii) the Advances Outstanding on such day, and (b) for any day in April, 2002, May, 2002, and June, 2002, the product of (i) 50% and (ii) the Advances Outstanding on such day.

Required Notional Amount. For any day, the product of (i) 75% and (ii) the Advances Outstanding on such day.