Spread Trigger definition

Spread Trigger means, at any time on any date, an amount equal to the Base Spread Trigger on such date plus the product of:
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Spread Trigger means, at any time on any date, an amount equal to the sum of (i) the Base Spread Trigger on such date and (ii) the product of:
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Spread Trigger means, at any time on any date from and including the New Notes Election Date (as defined in the Original Default Swap Confirmation) to and including the Termination Date, an amount equal to the sum of (i) Base Spread Trigger on such date and
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Examples of Spread Trigger in a sentence

  • If, at any time thereafter, the relevant ENI Group Spread Trigger Event ceases to be continuing, the obligation to maintain the LTV Amount in the Cash Collateral Account (and, for the avoidance of doubt, any obligation to make a mandatory prepayment in connection with that ENI Group Spread Trigger Event) shall cease and the Borrower shall be free to withdraw the LTV Amount from the Cash Collateral Account and apply it for any purpose not otherwise prohibited by the Finance Documents.

  • Section 1.01 of the Indenture is hereby amended by deleting the following defined terms in their entirety: "Excess Spread Trigger" and "Principal Payment Amount".

  • Following the occurrence and continuation of the Excess Spread Trigger Event or Event of Default or after the Nine Month Period applicable to the related Purchased Security, Buyer shall retain all income.

  • During the Nine Month Period (as defined in the related Letter Agreement) applicable to the related Purchased Security, provided that no Event of Default or Excess Spread Trigger Event (as defined in the related Letter Agreement) has occurred, Buyer may, in its sole discretion, use such Income to (a) satisfy a Margin Deficit, under Section 4 of the Agreement, (b) reduce the Repurchase Price or (c) satisfy any other amounts due and owing to Buyer under the Agreement.


More Definitions of Spread Trigger

Spread Trigger means, at any time on any date, an amount equal to the sum of
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