Step Down Margin definition

Step Down Margin means 6.25 per cent. per annum.
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Step Down Margin means the maximum quantity that may be specified in demand bids in respect of the same offer point, for the purpose of verifying the technical adequacy of bids submitted in a market session;
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Step Down Margin means the amount specified in the applicable Final Terms as being the Step Down Margin.
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More Definitions of Step Down Margin

Step Down Margin means, following a Step Down Event, the Step Down Margin specified as such in the Sustainability Table;
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Step Down Margin means (i) in respect of a KPI#1 - Scope 1 GHG Emissions Intensity relating to Power Generation Step Down Event, the KPI#1 - Scope 1 GHG Emissions Intensity relating to Power Generation Step Down Margin; (ii) in respect of a KPI#2 - Scope 1 and 3 GHG Emissions Intensity relating to Integrated Power Step Down Event, the KPI#2 - Scope 1 and 3 GHG Emissions Intensity relating to Integrated Power Step Down Margin; (iii) in respect of a KPI#3 - Absolute Scope 3 GHG Emissions relating to Gas Retail Amount Step Down Event, the KPI#3 - Absolute Scope 3 GHG Emissions relating to Gas Retail Amount Step Down Margin; (iv) in respect of a KPI#4 - Renewable Installed Capacity Percentage Step Down Event, the KPI#4 - Renewable Installed Capacity Percentage Step Down Margin; and (vi) in respect of a KPI#5 - Proportion of CAPEX aligned to the EU Taxonomy Percentage Step Down Event, the KPI#5 - Proportion of CAPEX aligned to the EU Taxonomy Percentage Step Down Margin; as indicated as applicable in the relevant Final Terms and, each such margin, the “relevant Step Down Margin”;
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Step Down Margin means the maximum quantity that may be specified in demand bids in respect of the same offer point, for the purpose of verifying the technical adequacy of bids submitted in a market session;cc bis)Market Coupling shall mean the implicit-auction-based mechanism which -through the co-ordinated operation of the energy markets of two or more interconnected areas - concurrently allocates the inter-border interconnection capacity and definesprices on the respective energy markets. This mechanism is implemented by the GME, in compliance with the regulatory framework time to time in force, through respectively, the determination of the results of the day- ahead market (MGP) and the intraday market (MI), which is carried out simultaneously and in a coordinated manner with the determination of the results of the corresponding day-ahead energy and the intraday markets operated by market operators involved in the Market Coupling;
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Related to Step Down Margin

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Interest Margin Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Applicable ABR Margin means, at any date:

  • Applicable Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin I 52.50 II 62.50 III 72.50 IV 82.50 V 92.50

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.4(a).

  • Variation Margin means, in connection with an outstanding futures contract owned or sold by the Corporation, the amount of cash or securities paid to or received from a broker (subsequent to the Initial Margin payment) from time to time as the price of such futures contract fluctuates.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Reset Margin means the margin specified in the applicable Final Terms;

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Subsequent Margin means the margin specified as such in the applicable Final Terms;

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Distribution Margin means the margin which the IPTV Operator is entitled for the purpose of distribution of pay Zee Group Channels or bouquet of pay Zee Group Channels, as the case may be.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Necessary Margin for CFD trading shall mean the necessary margin required by the Company so as to maintain Open Positions.

  • First Margin means the margin specified as such in the applicable Final Terms; “First Reset Date” means the date specified in the applicable Final Terms;