Initial Classes definition

Initial Classes when used herein mean: (x) the Revolving Credit Facility and the Term Credit Facility as in effect on the Closing Date, (y) any increase in the aggregate amount of Commitments and/or Loans thereunder effected under Section 1.16 hereof on identical terms and conditions (and which are not, and not required to be, treated or designated as a separate “series” or “Class”) and/or (z) any Class of Loan and/or Commitments hereunder effected under Sections 1.16, 1.18, 1.19 or 1.20 as revolving or “term A” credit facilities on substantially the same terms and conditions as the Revolving Credit Facility and Term Credit Facility as in effect on the Closing Date, which has been reasonably designated by the Borrower and the Administrative Agent at the time of the incurrence thereof as part of the “Initial Class” for purposes of this Agreement and which may include, without limitation, a separate “series” or “Class” of Loans and/or Commitments which are reasonably designated as a separate “series” or “Class” by the Borrower and the Administrative Agent at the time of the incurrence thereof solely as a result of differences in interest rates (including through fixed interest rates), interest margins, rate floors, fees, funding discounts, original issue discounts, optional prepayment or optional redemption premiums/terms and/or maturity extensions), but, for purposes of this clause (z), excluding any Class of Loans having or requiring scheduled annual amortization of principal less than 2.50% the initial stated aggregate principal amount of such Loans.
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Initial Classes means the following classes of Equity Securities: ETFS 3x Daily
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Initial Classes have the meanings specified in the definition of “Class” in this Section 5.1
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Examples of Initial Classes in a sentence

  • Annualised RateThe Annualised Rate applicable to each class of Short and Leveraged Equity Security is an annual percentage rate which comprises the sum of the Swap Spread, the Collateral Cost and rates equal to the Administration Allowance and the Licence Allowance.As at the date of this Prospectus, the Administration Allowance applicable to the Initial Classes of Short and Leveraged Equity Security is an annual rate of 0.70 per cent.

  • Developing Professional Pedagogical Mastery of Future Initial Classes Teachers.

  • As at the date of this Prospectus the Licence Allowance applicable to the Initial Classes of Short and Leveraged Equity Security and the China Securities is an annual rate of0.07 per cent.As at the date of this Prospectus, the Collateral Cost applicable to the Initial Classes of Short and Leveraged Equity Security and the China Securities is an annual rate of 0.05 per cent.

  • As at the date of this Prospectus the Swap Spread applicable to the Initial Classes of Short and Leveraged Equity Security is an annual rate of 0.50 per cent., except that the Swap Spread applicable to the ETFS 3x Daily Long DAX 30 class is an annual rate of 1 per cent.

  • The Swap Spread and Collateral Cost applicable to the Initial Classes of Short and Leveraged Equity Security and the China Securities on any day may be found at https://www.wisdomtree.eu/pricingIn certain circumstances the Equity Contract Counterparty may propose amendments to the Swap Spread or the Collateral Cost applicable to (i) a class of Equity Contracts relating to the Initial Classes of Short and Leveraged Equity Security that exceed 1 per cent.

  • The Swap Spread and Collateral Cost applicable to the Initial Classes of Short and Leveraged Equity Security on any day may be found at http://www.etfsecurities.com/retail/uk/en-gb/pricing-ThreeTimesETC.aspx.In certain circumstances the Equity Contract Counterparty may propose amendments to the Swap Spread or the Collateral Cost applicable to a class of Equity Contracts relating to the Initial Classes of Short and Leveraged Equity Security that exceed 1 per cent.

  • Section 2.8.Rights and Privileges of Initial Classes of Units; Voting.(a) The Membership Interests of the Members of the Company shall be divided into Units.

  • Initial Classes Classes may be combined with another class due to attendance.

  • Table of Initial Classes, Terms, and Other Artifacts 183 Appendix D.

  • The Swap Spread and Collateral Cost applicable to the Initial Classes of Short and Leveraged Equity Security and the China Securities on any day may be found at http://www.etfsecurities.com/retail/uk/en-gb/pricing-ThreeTimesETC.aspx.In certain circumstances the Equity Contract Counterparty may propose amendments to the Swap Spread or the Collateral Cost applicable to (i) a class of Equity Contracts relating to the Initial Classes of Short and Leveraged Equity Security that exceed 1 per cent.


More Definitions of Initial Classes

Initial Classes means the Classes referred to in clause 3.2 (b).
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Initial Classes is defined in the definition of the term “Class”.
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Related to Initial Classes

  • Scheduled Classes As specified in the Preliminary Statement.

  • Initial Class Principal Balance As set forth in the Preliminary Statement.

  • Classes The Offered Certificates shall be issued with the following Class designations, interest rates and principal balances, subject in the aggregate to the variance referred to in Section 1(a)[and, as to any particular Class, to an upward or downward variance of up to [ ]%]: Principal Interest Class Purchase Class Balance Rate Price Percentage ----- ------- ---- ----------------

  • Initial Class Certificate Balance As to each Class of Certificates, the Class Certificate Balance set forth in the Preliminary Statement.

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • Initial Class A-2 Note Balance means $235,000,000.

  • Initial Class A-1 Note Balance means $265,000,000.

  • Initial Class C Note Balance means $152,941,000.

  • Initial Class D Note Balance means $13,564,000.

  • Class” or “Classes means any class or classes of Shares as may from time to time be issued by the Company;

  • Restricted Classes As defined in Section 4.02(e).

  • Initial Class B Note Balance means $163,150,000.

  • principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;

  • Initial Class A-4 Note Balance means $115,000,000.

  • Tranches shall have the meaning ascribed to such term in Section 2.1.

  • Initial Class A-3 Note Balance means $380,000,000.

  • Backward Classes means any socially and educationally Backward Classes of citizens recognized by the Government for purpose of clause (4) of article 15 of the Constitution of India;

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).