Required Notional Amount definition

Required Notional Amount means, with respect to any date of determination, (x) for Hedge Transactions pursuant to Section 10.6(a)(i), the outstanding principal amount of the Advances on such date of determination, and (y) for Hedge Transactions pursuant to Section 10.6(a)(ii), the greater of (i) $25,000,000 and (ii) the outstanding principal amount of the Advances on such date of determination.
Required Notional Amount means, following an Event Determination Date, a nominal amount of the Charged Assets such that the sale proceeds thereof (at the Charged Asset Market Value as determined by the Calculation Agent) equal to the sum of (a) the relevant Payable Cash Settlement Amount minus, (b) the relevant Swap Settlement Amount plus (c) any costs and expenses associated with such sale PROVIDED THAT where the Required Notional Amount as so determined would exceed the then outstanding principal amount of the Charged Assets, "Required Notional Amount" shall mean the outstanding principal amount of the Charged Assets.
Required Notional Amount means, with respect to any date of determination, the greater of (i) $25,000,000 and (ii) the outstanding principal amount of the Advances on such date of determination.

Examples of Required Notional Amount in a sentence

  • In the case of a Portfolio CLS, unless otherwise specified in the Issue Terms, the Calculation Agent shall, in the event that the relevant Payable Cash Settlement Amount is greater than zero and provided that the Charged Assets have not been redeemed, determine the Portfolio Charged Asset Market Value and the Required Notional Amount on the Required Notional Amount Determination Date and shall notify the Trustee, the Principal Paying Agent and the Issuer thereof.

  • The Calculation Agent shall attempt to obtain Charged Assets Quotations from at least five Charged Assets Dealers with respect to each Required Notional Amount Determination Date or, as the case may be, the relevant date of determination.

  • Overall, due to the footprint of the building, there is little room for soft landscaping, however the planting detailed in the submission would soften the appearance of the building and improve the general quality of the northern side of Davigdor Road.

  • Where the Required Notional Amount of Charged Assets as so determined is not an integral multiple of the denomination of the Charged Assets, the Required Notional Amount shall be rounded up to the nearest whole denomination of the Charged Assets.

  • Sale Notional Amount means, where the Required Notional Amount of Charged Assets is not an integral multiple of the denomination of the Charged Assets, the nearest whole denomination of the Charged Assets to which the Required Notional Amount shall be rounded up and otherwise the Required Notional Amount.


More Definitions of Required Notional Amount

Required Notional Amount is defined in the definition ofInterest Rate Cap Agreement.”
Required Notional Amount means, with respect to the aggregate notional amount of any set of Hedging Arrangements, the lesser of (i) the Net Investment and (ii) the product of (A) the Net Receivables Balance multiplied by (B) 91.5%.
Required Notional Amount means, following an Event Determination Date with respect to a Long Reference Entity, a nominal amount of the Charged Assets (in USD) such that the sale proceeds thereof (including, for the avoidance of doubt, any interest thereon) (at the Market Value of the Charged Assets) are equal to:
Required Notional Amount means, following an Event Determination Date, a nominal amount of the Charged Assets such that the sale proceeds thereof (including, for the avoidance of doubt, any interest thereon) (at the Market Value of the Charged Assets as determined by the Calculation Agent from quotes requested from five Dealers) are equal to:
Required Notional Amount means, following an Event Determination Date and the determination of an Incurred Loss Amount, the nominal amount of the Charged Assets determined by the Calculation Agent, in its sole discretion, which would be required to be liquidated (at the highest market value of the Charged Assets determined by the Calculation Agent from quotes requested from five Dealers) such that the net sale proceeds thereof (including, for the avoidance of doubt, any interest thereon) would be sufficient, taking into account any Available Cash Amounts, to pay an amount equal to the sum of (i) such Incurred Loss Amount and (ii) either (A) the absolute value of any corresponding negative Partial Termination Value or (B) the value of any corresponding positive Partial Termination Value (as the case may be), in each case, due to the Counterparty pursuant to the Swap Agreement PROVIDED THAT where the Required Notional Amount as so determined would exceed the then outstanding principal amount of the Charged Assets, "Required Notional Amount" shall mean the outstanding principal amount of the Charged Assets.
Required Notional Amount. For any day, the product of (i) 75% and (ii) the Advances Outstanding on such day.
Required Notional Amount means the notional amount of the aggregate principal amount of the Term Loans for the periods set forth in the grid below: Start of Period End of Period Notional Amount June 30, 2014 September 30, 2014 $ 68,345,089 October 1, 2014 December 31, 2014 $ 67,595,723 January 1, 2015 March 31, 2015 $ 66,727,334 April 1, 2015 June 30, 2015 $ 66,218,985 July 1, 2015 September 30, 2015 $ 65,427,676 October 1, 2015 December 31, 2015 $ 64,496,017 January 1, 2016 March 31, 2016 $ 63,516,627 April 1, 2016 June 30, 2016 $ 62,916,901 July 1, 2016 September 30, 2016 $ 62,116,133 October 1, 2016 December 31, 2016 $ 61,269,144 January 1, 2017 March 31, 2017 $ 48,506,810 April 1, 2017 June 30, 2017 $ 41,807,393 July 1, 2017 September 30, 2017 $ 36,558,182 October 1, 2017 December 31, 2017 $ 31,531,261 January 1, 2018 March 31, 2018 $ 27,410,660