UNIT VALUE ON EACH CYCLE BUSINESS DAY DURING THE CYCLE TERM Sample Clauses

UNIT VALUE ON EACH CYCLE BUSINESS DAY DURING THE CYCLE TERM. For each Cycle, We determine its Unit Value as of each Cycle Business Day based on its Fair Value and the Proportional Performance Ceiling Rate. The Fair Value of a Cycle is determined by a Fair Value Calculation Agent and reflects the current value of the financial instruments that may be purchased to provide a return equal to the change in Index Value at the end of the Cycle Term subject to the Performance Ceiling Rate and subject to the Maturity Date Floor Rate. The Cycle Fair Value is based on a variety of factors considered by the Fair Value Calculation Agent, and may include the change in the Index Value from the Start Date, volatility of the Index, changes in the interest rate environment and the time remaining to the Maturity Date. Once We receive the Cycle Fair Value, We compute a preliminary Unit Value. The Cycle Business Day's Unit Value will equal the Cycle Business Day Preliminary Unit Value, but no greater than the Cycle Business Day Unit Value Ceiling.
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Related to UNIT VALUE ON EACH CYCLE BUSINESS DAY DURING THE CYCLE TERM

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  • OPERATION OF PROPERTY DURING AGREEMENT PERIOD The Seller will continue to operate the Property and any business conducted on the Property in the manner operated prior to the Agreement and will take no action that would adversely impact the Property, tenants, lender, or business, if any. Any changes, such as renting vacant space, that materially affects the Property or the Buyer's intended use will be permitted only with the Buyer's consent.

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