Examples of Target Portfolio Amount in a sentence
Target Portfolio Amount:On each Business Day the Calculation Agent shall determine the target Net Reference Portfolio Notional Amount (the Target Portfolio Amount) by multiplying the Target Leverage Factor by the Principal Amount on such day; provided however that if a Trading Cessation Event has occurred the Target Portfolio Amount shall be zero.
A deleverage event (a “Deleverage Event”) will occur if (i) on any Business Day, as determined by the Calculation Agent, the ratio of the Strategy Portfolio Amount to the Target Portfolio Amount is greater than 1.20; or (ii) on a Wednesday of each week, or if such Wednesday is not a Business Day, on the immediately following Business Day, as determined by the Calculation Agent, the ratio of the Strategy Portfolio Amount to the Target Portfolio Amount is greater than 1.05.
CMBS collateralised by a single property shall not exceed 3.0% of the Target Portfolio Amount.
Securities which are ABS - Home Equity Loan securities with an Asset Credit Rating below Asset Credit Rating Level 26 shall not exceed 3% of the Target Portfolio Amount.
Target Portfolio Amount:On each Business Day the Calculation Agent shall determine the target portfolio amount (the Target Portfolio Amount) by multiplying the Target Leverage Factor by the then Aggregate Outstanding Principal Amount of the Notes; provided however that if a Trading Cessation Event or Unwind Event has occurred the Target Portfolio Amount shall be zero.