VB definition

VB means the value calculated by multiplying the Invested Amount at the time of the calculation by the relevant percentage calculated from the following table (for the purposes of interpreting the table, "Counterparty rating" is the credit rating assigned to Party A by S&P and "Maturities" is the period from and including the date of calculation to but excluding the scheduled maturity of the last expiring Transaction outstanding under this Agreement): VOLATILITY BUFFER (%)

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VB. Long-term care benefit' means a benefit in kind or in cash the purpose of which is to address the care need of a person who, on account of impairment, requires considerable assistance from another person or persons to carry out essential activities of daily living for an extended period of time in order to support his/her personal autonomy; this includes benefits granted for the same purpose to the person providing such assistance;"

VB means the volatility buffer, being the value calculated by multiplying the Relevant Calculation Amount as at the most recent Distribution Date by the relevant percentage obtained from the following table:

Examples of VB in a sentence

• Notwithstanding Sections V.A., V.B., and V.C. of the Project Agreement, Recipient hereby acknowledges that upon notification by the ODOT, all payments for eligible project costs will be disbursed by the Director and the OPWC directly to the ODOT.

• The coverages required under paragraph V.B. shall not in any way limit the liability of the Consultant.

• Grantee hereby waives any rights to assert an impairment of contract claim against the Department or the State of New Mexico in the event of Early Termination of this Agreement by the Department pursuant to Article V(B).

• Except as may be amended through the procedure provided in Article V.B. above, this Agreement sets forth the full and entire understanding of the parties regarding the matters herein.

• The COUNTY may, in its sole discretion, disallow costs made with commingled funds that were designated as being available for the same purpose and use as the CDBG-DR funds and require reimbursement for such costs as described herein (SUBSECTION V.B. – DEFERRED PAYMENTS AND RETURN OF FUNDS (RECAPTURE FOR DISALLOWED COSTS)).

More Definitions of VB

VB means the Notional Amount (as defined in the Confirmation for each outstanding Transaction under this Agreement) times the relevant percentage set out in Table A below:

VB means the value calculated by multiplying the Invested Amount at the time of the calculation by the relevant percentage calculated from the following table (for the purposes of interpreting the table, “Counterparty rating” is the short term credit rating assigned to Party A by S&P and “Maturities” is the period from and including the date of calculation to but excluding the scheduled maturity of the last expiring Transaction outstanding under this Agreement): A-1 9.00 11.00 12.50 A-2 15.75 20.00 27.25 A-3 19.00 28.75 35.50 BB+ or lower 28.00 43.25 68.00 In addition to complying with its obligations under this Part 5(9), if there is a Downgrade to Party A’s long term debt rating below BBB- by S&P, Party A must immediately post collateral in accordance with Part 5(9)(d)(i) and be immediately substituted for a Replacement Provider.

VB means the volatility buffer, being the relevant percentage calculated from the following table: VOLATILITY BUFFER (%)

VB means design speed for maximum gust intensity.

VB long-term care benefit” means any benefit in kind, cash or a combination of both for persons who, over an extended period of time, on account of old-age, disability, illness or impairment, require considerable assistance from another person or persons to carry out essential daily activities, including to support their personal autonomy; this includes benefits granted to or for the person providing such assistance;"

VB means the value calculated by multiplying the Invested Amount at the time of the calculation by the relevant percentage calculated from the following table (for the purposes of interpreting the table, “Counterparty rating” is the short term credit rating assigned to Party A by S&P and “Maturities” is the period from and including the date of calculation to but excluding the scheduled maturity of the last expiring Transaction outstanding under this Agreement): A-2 6.50 8.25 11.75 A-3 10.00 14.50 31.75 BB+ or lower 13.00 25.75 68.50 In addition to complying with its obligations under this Section 15A, if there is a Downgrade to Party A’s long term debt rating below BBB- by S&P, Party A must immediately post collateral in accordance with Section 15A(d)(i) and be immediately substituted for a Replacement Provider.

VB means, on any date, an amount equal to the relevant percentage specified in the table below or otherwise agreed between the Counterparty and S&P, as being applicable to swap transactions of a type and tenor (by reference to the legal final maturity date of a swap transaction) equivalent to the Transaction). Less than or equal to 3 8.5 3.0 Greater than 3 and less than or equal to 5 12.5 4.0 Greater than 5 and less than or equal to 10 15 5.0 For the purposes of the above table, “legal final” will be the “Termination Date” as such term is defined in the Confirmation.