Target Par Amount definition
Target Par Amount means the quotient of (i) the Equity Amount divided by (ii) one minus the Maximum Aggregate Borrowing Ratio.
Target Par Amount means €400,000,000.
Target Par Amount means, in respect of the initial Portfolio, €500,000,000.
Examples of Target Par Amount in a sentence
The Collateral Manager acting on behalf of the Issuer shall use commercially reasonable endeavours to purchase Collateral Obligations with an Aggregate Principal Balance (together with Collateral Obligations previously acquired) equal to at least the Target Par Amount out of the Balance standing to the credit of the Unused Proceeds Account during the Initial Investment Period.
More Definitions of Target Par Amount
Target Par Amount means, in respect of the initial Portfolio, €400,000,000.
Target Par Amount means €325,000,000.
Target Par Amount means €516,182,933.85.
Target Par Amount means €300,000,000.
Target Par Amount means U.S.$500,000,000.550,000,000.
Target Par Amount means €485,000,000.
Target Par Amount means, in respect of the initial Portfolio, €396,000,000.