S&P Regional Diversity Measure definition

S&P Regional Diversity Measure means a measure calculated by determining the Aggregate Principal Balance of the Collateral Obligations (with an S&P Rating of "CCC-" or higher) within each S&P region set forth in Table 2 below, then dividing each of these amounts by the Aggregate Principal Balance of the Collateral Obligations (with an S&P Rating of "CCC-" or higher) from all S&P regions in the portfolio, squaring the result for each region, then taking the reciprocal of the sum of these squares.
S&P Regional Diversity Measure means a measure calculated by determining the aggregate principal balance of the Collateral Obligations (with an S&P Rating of “CCC-” or higher) within each S&P region set forth in Table 1 below, then dividing each of these amounts by the aggregate principal balance of the Collateral Obligations (with an S&P Rating of “CCC-” or higher) from all S&P regions in the portfolio, squaring the result for each region, then taking the reciprocal of the sum of these squares.
S&P Regional Diversity Measure means a measure calculated by determining the Aggregate Principal Balance of the Collateral Debt Obligations within each S&P region set forth in Annex C (S&P Regional Diversity Measure Table) of this Prospectus, then dividing each of these amounts by the Aggregate Principal Balance of the Collateral Debt Obligations from all S&P regions in the portfolio, squaring the result for each region, then taking the reciprocal of the sum of thes e squares.

Examples of S&P Regional Diversity Measure in a sentence

  • IDM is the S&P Industry Diversity Measure; RDM is the S&P Regional Diversity Measure; and WAL is the S&P Weighted Average Life.


More Definitions of S&P Regional Diversity Measure

S&P Regional Diversity Measure means a measure calculated by determining the Aggregate Principal Balance of the S&P CLO Specified Assets within each S&P region set forth in Annex B of the 2016 Offering Circular, then dividing each of these amounts by the Aggregate Principal Balance of the S&P CLO Specified Assets from all S&P regions in the portfolio, squaring the result for each region, then taking the reciprocal of the sum of these squares.
S&P Regional Diversity Measure means the value calculated by determining the Aggregate Principal Balance of the S&P CLO Specified Assets within each Standard & Poor's region categorization (set out in the "CDO Evaluator Country Codes, Regions and Recovery Groups" table in AnnexA (S&P Recovery Rates), or such other published table by S&P that the Collateral Manager provides to the Collateral Administrator), then dividing each of these amounts by the Aggregate Principal Balance of the S&P CLO Specified Assets fromall regions in the portfolio, then squaring the result for each region, then taking the reciprocal of the sumof these squares.
S&P Regional Diversity Measure means a measure calculated by determining the Aggregate Principal Balance of the Collateral Obligations (with an S&P Rating of “CCC-” or higher) within each S&P region set forth in Table 2 below, then dividing each of these amounts
S&P Regional Diversity Measure means the value calculated by determining the aggregate principal balance of the S&P CLO Specified Assets within each Standard & Poor's region categorization (see "Global Methodology And Assumptions For CLOs And Corporate CDOs," published June 21, 2019, or such other published table by S&P that the Collateral Manager provides to the Collateral Administrator), then dividing each of these amounts by the aggregate principal balance of the S&P CLO Specified Assets from all regions in the portfolio, squaring the result for each region, then taking the reciprocal of the sum of these squares.

Related to S&P Regional Diversity Measure

  • COVID-19 Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure or sequester order, guideline, recommendation or Law, or any other applicable Laws, guidelines or recommendations by any Governmental Entity in connection with or in response to COVID-19.

  • Supportive measures means individualized services that are offered to the complainant or the respondent designed to restore or preserve equal access to the District’s education program or activity without unreasonably burdening the other party. The supportive measures must be non-disciplinary and non-punitive in nature; offered before or after the filing of a formal complaint or where no formal complaint has been filed; and offered to either party as appropriate, as reasonably available, and without fee or charge. Examples of supportive measures include, but are not limited to: measures designed to protect the safety of all parties or the District’s educational environment, or deter sexual harassment; counseling; extensions of deadlines or other course-related adjustments; modifications of work or class schedules; campus escort services; mutual restrictions on contact between the parties; changes in work or class locations; leaves of absence; and increased security and monitoring of certain areas of the campus.

  • Diversity Score means, as of any day, a single number that indicates collateral concentration in terms of both issuer and industry concentration, calculated as set forth in Schedule 7 hereto, as such Diversity Scores shall be updated at the option of the Administrative Agent in its sole discretion if Xxxxx’x publishes revised criteria.

  • Indigenous Peoples Plan or “IPP” means any of the plans acceptable to the Bank, adopted by the Borrower, through UCPyPFE-UEP, and/or the pertinent Participating Province when applicable as set forth in the Operational Manual, all prepared and to be carried out following the requirements of the Indigenous Peoples Planning Framework.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.