Trading CAFD Yield definition

Trading CAFD Yield  means the quotient (expressed as a percentage) of (a) 1.515 divided by (b) the volume- weighted average price of the NYLD Class C Shares traded on the New York Stock Exchange for the thirty (30) Trading Day period concluding on the earlier to occur of (i) the Trading Day immediately prior to the commencement date of the NYLD Equity Offering and (ii) ten (10) Business Days prior to the Closing Date.
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Trading CAFD Yield  means the quotient (expressed as a percentage) of (a) 1.515 divided by (b) the volume-weighted average price of the NYLD Class C Shares traded on the New York Stock Exchange for the thirty (30) Trading Day period concluding on the earlier to occur of (i) the Trading Day immediately prior to the commencement date of the NYLD Equity Offering and (ii) ten (10) Business Days prior to the Closing Date.
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Related to Trading CAFD Yield

  • Weighted Average Yield means with respect to any Loan, on any date of determination, the weighted average yield to maturity, in each case, based on the interest rate applicable to such Loan on such date and giving effect to all upfront or similar fees or original issue discount payable with respect to such Loan.

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Weighted Average S&P Recovery Rate As of any date of determination, the number, expressed as a percentage and determined separately for each Class of Secured Notes that is rated by S&P, obtained by summing the products obtained by multiplying the Principal Balance of each Collateral Obligation (other than Defaulted Obligations) by its corresponding recovery rate as determined in accordance with Section 1 of Schedule 4 hereto, dividing such sum by the Aggregate Principal Balance of all Collateral Obligations (other than Defaulted Obligations), and rounding to the nearest tenth of a percent.

  • Trading Cushion Unless the parties agree in writing otherwise, there shall be a minimum of three (3) Trading Days between the expiration of any Pricing Period and the beginning of the next succeeding Pricing Period.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.