Industry Proportion definition

Industry Proportion means, at any time, the aggregate of the Floating Rate Payer Calculation Amounts with respect to the Reference Entities within each Industry divided by the Reference Portfolio Notional Amount at such time (expressed as a percentage). The applicable “Industry” with respect to any Reference Entity shall be determined by the Buyer on the basis of the industry classification customarily assigned to them from time to time by S&P (the “S&P Industry Classification”).
Sample 1Sample 2Sample 3
Industry Proportion means, at any time and in respect of an Industry, the aggregate of the absolute value of the Floating Rate Payer Calculation Amounts of all the Reference Entities within such Industry divided by the Initial Reference Portfolio Notional Amount. The applicable “Industry” with respect to any Reference Entity shall be determined by the Portfolio Manager on the basis of the industry classification (the “S&P Industry Classification”) customarily assigned to them from time to time by S&P.
Sample 1Sample 2Sample 3
Industry Proportion means, at any time, the aggregate of the Floating Rate Payer Calculation Amounts with respect to the Long Reference Entities within each Industry divided by the Reference Portfolio Notional Amount. The applicable “Industry” with respect to any Long Reference Entity shall be determined by the Buyer on the basis of the industry classification (the “S&P Industry Classification”) customarily assigned to them from time to time by S&P. 13. The “Weighted Average Spread Condition” will be satisfied if the Weighted Average Spread following the Long Portfolio Adjustment is neither more than five basis points greater than nor five basis points less than the Weighted Average spread before the Long Portfolio Adjustment, where:
Sample 1

Examples of Industry Proportion in a sentence

  • The “Industry Distribution Test” will be satisfied at any time if, at such time: (a) the Industry Proportion of each Reference Entity in respect of the Reference Portfolio and any one Industry (as determined by the CDS Counterparty) will be no more than the Maximum Industry Concentration (as defined below); and (b) the sum of the Industry Proportions of any three Industries will be no more than the Maximum Group Industry Concentration (as defined below).

  • School/Institute/ Industry: ..........................................................................................Proportion of Supervision as a percentage: ..............................................................

  • This variable equals 1 if a U.S. listed firm cross-lists in the U.K. and 0 if the firm is only listed in the U.S.CrossUKvsOthers Dummy variable that captures U.S. firms cross-listed either in the U.K. (1) or other countries (0).DA Discretionary Accruals (following Fang, Huang, and Karpoff (2016)).Diff Industry Proportion DVWeighted Equity Proportion EXPERIENCED CEOThe proportion of diversifying M&As to total M&As within the initial contract.


More Definitions of Industry Proportion

Industry Proportion means, at any time, the aggregate of the Floating Rate Payer Calculation Amounts with respect to the Reference Entities within each Industry divided by the Reference Portfolio Notional Amount at such time (expressed as a percentage). The applicable “Industry” with respect to any Reference Entity shall be determined by the Buyer on the basis of the industry classification customarily assigned to them from time to time by S&P (the “S&P Industry Classification”). 16. The “Maximum Obligor Concentration Test” will be satisfied if the Maximum Single Obligor Exposure and the Minimum Single Obligor Exposure are satisfied, where: “Maximum Single Obligor Exposure” means the Floating Rate Payer Calculation Amount of each Reference Entity in the Reference Portfolio is not more than 1.5 per cent. of the Reference Portfolio Notional Amount; and “Minimum Single Obligor Exposure” means the Floating Rate Payer Calculation Amount of each Reference Entity in the Reference Portfolio is not less than 0.45 per cent. of the Reference Portfolio Notional Amount. 17. The “High Yield Test” will be satisfied if the aggregate of the Floating Rate Payer Calculation Amounts of Reference Entities with an S&P Rating below “BBB-” divided by the Reference Portfolio Notional Amount will be no more than the Maximum High Yield Bucket where “Maximum High Yield Bucket” equals 10 per cent. 18. The “Weighted Average Spread Condition” will be satisfied if the Weighted Average Spread following the Replacement is neither more than 0.05 per cent. greater nor more than0.05 per cent. lower than the Weighted Average spread before the Replacement, where:
Sample 1
Industry Proportion means the aggregate of the Reference Entity Notional Amounts of Reference Entities within the relevant Industry divided by the Reference Portfolio Notional Amount.
Sample 1

Related to Industry Proportion

  • Proportion means, in relation to a Bank:

  • Relevant Proportion means, at any time, the proportion which one Note bears to the number of all of the Notes outstanding;

  • Economic Life means the number of years a property improvement is expected to be in service in a facility.

  • Class A Members means those Members who have purchased Class A Interests.

  • Proportionate Percentage means the percentage that expresses the ratio of (x) the number of issued and outstanding shares of capital stock of the Company (on an as converted basis) then owned of record by such stockholder over (y) the aggregate number of outstanding shares of capital stock of the Company (on an as converted basis).

  • Members’ Percentage Interests means the ownership percentage interests as mentioned in Section I of this Agreement. During each fiscal year, the net profits and net losses of the Company (other than from capital transactions), and each item of income, gain, loss, deduction, or credit entering into the computation thereof, shall be credited or charged, as the case may be, to the capital accounts of each Member(s) in proportion to the Members' Percentage Interests. The net profits of the Company from capital transactions shall be allocated in the following order of priority: (a) to offset any negative balance in the capital accounts of the Member(s) in proportion to the amounts of the negative balance in their respective capital accounts, until all negative balances in the capital accounts have been eliminated; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The net losses of the Company from capital transactions shall be allocated in the following order of priority: (a) to the extent that the balance in the capital accounts of any Member(s) are in excess of their original contributions, to such Member(s) in proportion to the excess balances until all such excess balances have been reduced to zero; then (b) to the Member(s) in proportion to the Members’ Percentage Interests. The cash receipts of the Company shall be applied in the following order of priority: (a) to the payment of interest or amortization on any mortgages on the assets of the Company, amounts due on debts and liabilities of the Company other than those due to any Member(s), costs of the construction of the improvements to the assets of the Company and operating expenses of the Company; (b) to the payment of interest and establishment of cash reserves determined by the Member(s) to be necessary or appropriate, including without limitation, reserves for the operation of the Company’s business, construction, repairs, replacements, taxes and contingencies; and (d) to the repayment of any loans made to the Company by any Member(s). Thereafter, the cash receipts of the Company shall be distributed among the Member(s) as hereafter provided. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts of the Company, other than from capital transactions, shall be allocated among the Member(s) in proportion to the Members’ Percentage Interests. Except as otherwise provided in this Agreement or otherwise required by law, distributions of cash receipts from capital transactions shall be allocated in the following order of priority: (a) to the Member(s) in proportion to their respective capital accounts until each Member(s) has received cash distributions equal to any positive balance in their capital account; then (b) to the Member(s) in proportion to the Members' Percentage Interests. It is the intention of the Member(s) that the allocations under this Agreement shall be deemed to have “substantial economic effect” within the meaning of Section 704 of the Internal Revenue Code and Treas. Reg. Section 1.704-1. Should the provisions of this Agreement be inconsistent with or in conflict with Section 704 of the Code or the Regulations thereunder, then Section 704 of the Code and the Regulations shall be deemed to override the contrary provisions thereof. If Section 704 of the Regulations at any time require that limited liability company operating agreements contain provisions which are not expressly set forth herein, such provisions shall be incorporated into this Agreement by reference and shall be deemed a part of this Agreement to the same extent as though they had been expressly set forth herein.

  • Allocable Share means Allocable Share as that term is defined in the Master Settlement Agreement.

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of One hundred Sixty-eight million dollars ($168,000,000.00).

  • Economic loss means any of the following types of pecuniary harm:

  • Partnership Percentage means the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).

  • Allocable Overhead means, at any time with respect to each Qualifying Project, an amount equal to (1) the amount of corporate or other organizational overhead expenses of, and actually incurred by, Wynn Resorts and its Subsidiaries calculated in good faith on a consolidated basis, after the elimination of intercompany transactions, in accordance with GAAP, divided by (2) the number of Qualifying Projects. However, amounts allocated to any Qualifying Project shall be prorated based on the period within such period that such Qualifying Project was in operation or financing therefor was obtained. With respect to any amounts payable pursuant to any agreements entered into by and among Wynn Resorts, any of its Subsidiaries and/or any of their respective Affiliates, any payment in respect of Allocable Overhead shall not include any fee, profit or similar component and shall represent only the payment or reimbursement of actual costs and expenses.

  • Total Percentage Interest means, with respect to any Partner, the quotient obtained by dividing the number of Units (vested or unvested) then owned by such Partner by the number of Units then owned by all Partners.

  • Percentage Interests shall have the meaning specified in the Trust Agreement.

  • Pro Rata Share As to any Distribution Date, the Subordinated Principal Distribution Amount and any Class of Subordinated Certificates, the portion of the Subordinated Principal Distribution Amount allocable to such Class, equal to the product of the Subordinated Principal Distribution Amount on such Distribution Date and a fraction, the numerator of which is the related Class Certificate Balance thereof and the denominator of which is the aggregate of the Class Certificate Balances of the Subordinated Certificates.

  • Percentage Share means the percentage of the Aggregate Commitments to be provided by a Lender under this Agreement as indicated on Annex I hereto, as modified from time to time to reflect any assignments permitted by Section 12.06(b).

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Size means the number of cubic feet, or the number of square feet of ground and/or floor space, within each unit as computed by reference to the plat and plans and rounded off to a whole number. Certain spaces within the units including, without limitation, attic, basement, and/or garage space may, but need not, be omitted from such calculation or partially discounted by the use of a ratio, so long as the same basis of calculation is employed for all units in the condominium, and so long as that basis is described in the declaration.

  • Percentage means, in respect of any Lender on any date of determination, the percentage obtained by dividing such Lender's Commitment on such day by the total of the Commitments on such day, and multiplying the quotient so obtained by 100%.

  • Percentage Interest As to any Certificate, the percentage interest evidenced thereby in distributions required to be made on the related Class, such percentage interest being set forth on the face thereof or equal to the percentage obtained by dividing the Denomination of such Certificate by the aggregate of the Denominations of all Certificates of the same Class.

  • Intensity means the number of Program Unique Supervised Hours divided by the Duration for a course or qualification, being a measure of the concentration of training and assessment delivered from the Eligible Individual’s perspective.

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • CAM Percentage means, as to each Lender, a fraction, expressed as a decimal, of which (a) the numerator shall be the aggregate Dollar Equivalent of the Designated Obligations owed to such Lender (whether or not at the time due and payable) immediately prior to the CAM Exchange Date and (b) the denominator shall be the aggregate Dollar Equivalent amount of the Designated Obligations owed to all the Lenders (whether or not at the time due and payable) immediately prior to the CAM Exchange Date.

  • Pro Rata Fraction means a fraction, the numerator of which shall be equal to the number of days between the Grant Date and the Participant’s Date of Termination and the denominator of which shall be 1095.

  • Uncontrollable Forces means any event which results in the prevention or delay of performance by a party of its obligations under this Agreement and which is beyond the reasonable control of the nonperforming party. It includes, but is not limited to fire, flood, earthquakes, storms, lightning, epidemic, war, riot, civil disturbance, sabotage, and governmental actions.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Consolidated Group Pro Rata Share means, with respect to any Investment Affiliate, the percentage of the total equity ownership interests held by the Consolidated Group in the aggregate, in such Investment Affiliate determined by calculating the greater of (i) the percentage of the issued and outstanding stock, partnership interests or membership interests in such Investment Affiliate held by the Consolidated Group in the aggregate and (ii) the percentage of the total book value of such Investment Affiliate that would be received by the Consolidated Group in the aggregate, upon liquidation of such Investment Affiliate, after repayment in full of all Indebtedness of such Investment Affiliate.