Reserve Adjustment Factor definition

Reserve Adjustment Factor means, at any time the long-term senior unsecured and uncredit-enhanced debt rating of USS is at least BB- by Standard & Poor’s and Ba3 by Moody’s, 2.0, and if not so rated, 2.25.
View Source
Reserve Adjustment Factor means 2.25.
View Source
Reserve Adjustment Factor set forth in Exhibit I to the Agreement is hereby amended by replacing it in its entirety with the following:
View Source

More Definitions of Reserve Adjustment Factor

Reserve Adjustment Factor set forth in Exhibit I to the Agreement is hereby amended by deleting the reference to the number "2" therein and substituting a reference to the number "2.25" therefor.
View Source
Reserve Adjustment Factor means (i) if the long-term senior unsecured and ------------------------- uncredit-enhanced debt rating of USS is equal to at least BB- by Standard & Poor's and Ba3 by Moody's, 2 and (ii) if the long-term senior unsecured and uncredit-enhanced debt rating of USS is lower than BB- by Standard & Poor's or Ba3 by Moody's, 2.
View Source

Related to Reserve Adjustment Factor

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • NET INVESTMENT FACTOR The Net Investment Factor is an index applied to measure the investment performance of a Subaccount from one Valuation Period to the next. The Net Investment Factor for any Subaccount for any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Interest Rate Adjustment Event means the occurrence of any of the following:

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.