OC Level definition

OC Level means 22.00%; provided, however, if each of the Step-Down Conditions are satisfied on a Determination Date preceding the Distribution Date set forth in the following table, the OC Level shall be reduced to the amount set forth with respect to such Distribution Date in the following table; provided, further, however, that if any of such Step Down Conditions are not satisfied with respect to any Distribution Date in the following table, the OC Level shall not be reduced on such Distribution Date and will not be subject to reduction or further reduction, as applicable, until the next Distribution Date set forth in the following table (if any): Distribution Date occurring in: OC Level 18th calendar month 21.50 % 24th calendar month 20.50 % 30th calendar month 19.50 %
OC Level means 13.5%; provided, however, if each of the “Step-Down Conditions” set forth in the AmeriCredit 2005-C-F Letter Agreement are satisfied on a Determination Date preceding the Distribution Date set forth in the following table, the OC Level shall be reduced to the amount set forth with respect to such Distribution Date in the following table; provided, further, however, that if any of such “Step Down Conditions” are not satisfied with respect to any Distribution Date in the following table, the OC Level shall not be reduced on such Distribution Date and will not be subject to reduction or further reduction, as applicable, until the next Distribution Date set forth in the following table (if any): Distribution Date occurring in: OC Level 18th calendar month 12.5 % 24th calendar month 11.5 % 30th calendar month 10.5 %
OC Level means 12.00%; provided, however, if each of the Step-Down Conditions are satisfied on any of the Distribution Dates set forth in the following table, the OC Level for such Distribution Date shall equal the amount in the following table, and shall apply until all Step-Down Conditions are met on a subsequent Distribution Date set forth in the following table: Distribution Date occurring in: OC Level March 2008 11.50 % September 2008 10.50 % March 2009 and thereafter 9.50 %

Examples of OC Level in a sentence

  • NYNEX will provide interfaces at the following OC levels: OC Level Rate (Mb/s) OC-3 155.52 OC-12 622.08 The physical interface for all OC rates is optical fiber.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (93) Aggregate Principal Balance (93) 506,650,169.25 ---------------- (94) End of Period Class A Note Balance (94) 445,852,148.94 ---------------- (95) Line 93 less Line 94 (95) 60,798,020.31 ---------------- (96) OC Level (Line 95 / Line 93) (96) 12.00% ---------------- (97) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 92 / Line 93) (97) 3.00% ---------------- (98) OC Percentage (Line 96 + Line 97) (98) 15.00% -------------- IX.

  • The "Accelerated Payment Termination Date" with respect to Series 1998-B and Series 1998-C will occur when the OC Level (as defined in the related Underlying Transactions Documents) reaches 10%.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (93) Aggregate Principal Balance (93) 734,270,974.92 (94) End of Period Class A Note Balance (94) 646,158,457.93 (95) Line 93 less Line 94 (95) 88,112,516.99 (96) OC Level (Line 95/Line 93) (96) 12.00% (97) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 92/Line 93) (97) 3.00% -------------- (98) OC Percentage (Line 96 + Line 97) (98) 15.00% -------------- IX.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (93) Aggregate Principal Balance (93) 800,794,741.27 (94) End of Period Class A Note Balance (94) 707,248,331.54 (95) Line 93 less Line 94 (95) 93,546,409.73 (96) OC Level (Line 95 / Line 93) (96) 11.68% (97) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 92 / Line 93) (97) 3.00% (98) OC Percentage (Line 96 + Line 97) (98) 14.68% IX.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (93) Aggregate Principal Balance (94) End of Period Class A Note Balance (95) Line 93 less Line 94 (96) OC Level (Line 95 / Line 93) (97) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 92 / Line 93) (98) OC Percentage (Line 96 + Line 97) IX.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (93) Aggregate Principal Balance (93) 758,673,260.34 -------------- (94) End of Period Class A Note Balance (94) 667,632,469.10 -------------- (95) Line 93 less Line 94 (95) 91,040,791.24 -------------- (96) OC Level (Line 95 / Line 93) (96) 12.00% -------------- (97) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 92 / Line 93) (97) 3.00% -------------- (98) OC Percentage (Line 96 + Line 97) (98) 15.00% ------------ IX.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (93) Aggregate Principal Balance (93) 63,816,072.70 ---------------- (94) End of Period Class A Note Balance (94) 584,158,143.98 ---------------- (95) Line 93 less Line 94 (95) 79,657,928.72 ---------------- (96) OC Level (Line 95 / Line 93) (96) 12.00% ---------------- (97) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 92 / Line 93) (97) 3.00% ---------------- (98) OC Percentage (Line 96 + Line 97) (98) 15.00% ----------------- IX.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (93) Aggregate Principal Balance (93) 679,552,247.40 --------------- (94) End of Period Class A Note Balance (94) 591,210,455.24 --------------- (95) Line 93 less Line 94 (95) 88,341,792.16 --------------- (96) OC Level (Line 95 / Line 93) (96) 13.00% --------------- (97) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 92 / Line 93) (97) 3.00% --------------- (98) OC Percentage (Line 96 + Line 97) (98) 16.00% --------------- IX.

  • CALCULATION OF OC LEVEL AND OC PERCENTAGE (97) Aggregate Principal Balance (97) 983,332,516.97 -------------- (98) End of Period Class A Note Balance (98) 882,108,631.95 -------------- (99) Line 97 less Line 98 (99) 101,223,885.02 -------------- (100) OC Level (Line 99 / Line 97) (100) 10.29% -------------- (101) Ending Spread Balance as of a percentage of Aggregate Principal Balance (Line 96 / Line 97) (101) 3.00% -------------- (102) OC Percentage (Line 100 + Line 101) (102) 13.29% -------------- IX.

Related to OC Level

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Base Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month which is 12 calendar months prior to the month for which the Substitute Index Level is being determined;

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • Final Level means, in respect of the Index, the Closing Level on the Final Valuation Date, provided that, if the Final Valuation Date is not an Exchange Business Day, then the Final Level will be determined on the immediately preceding

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Latest Level means the latest level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) prior to the month in respect of which the Substitute Index Level is being calculated; and

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI Pricing applies on any day.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Integration Level means the Social Security taxable wage base for the Plan Year, unless the Employer elects a lesser amount in (i) or (ii) below.

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Ground Level means the level of the referred point of exposed surface of the ground as indicated in the drawing.

  • Severity Level means the actual impact of a Defect on a user’s operational environment as further described in the table below.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Barrier Level means the Barrier Level as specified in § 1 of the Product and Underlying Data.