Spread Factor definition

Spread Factor means the applicable number of basis points designated as such for each of the 2002 Series LIBOR Indexed Bonds and the 2002 Series CP Indexed Bonds in the Corporation Issuance and Sale Certificate. The Corporation has designated the Spread Factor to be 0.15% with respect to the 2002L Bonds and 0.24% with respect to the 2002CP Bonds.
Spread Factor means the per annum spread (expressed in basis points) to the One-Month LIBOR Rate established on the date of pricing for each of the Series 2014B-1 Bonds, the Series 2014B-2 Bonds, the Series 2014B-3 Bonds, the Series 2014B-4 Bonds and the Series 2014B-5 Bonds.
Spread Factor means the per annum spread to One-Month LIBOR (expressed in basis points) for each subseries of the 2011 Series B Bonds, as specified in the 2011 Series B Indenture and set forth in the table on the front cover page of this Official Statement.

Examples of Spread Factor in a sentence

  • The Tighter Spread Building Block in a product in a time period is considered as fulfilled if, in that product, the BBB is fulfilled whereas a valid quote counts into the performance only if it features a spread that is equal to or smaller than the spread required by the maximum spread of the BBB – multiplied by a specific spread factor – on both legs of the quote (Spread Factor).

  • This is the demonstration that it is easy to mislead the consumer, since the fake website has the same distinctive sign “Tagliatore”, as well as the possibility of selling them at a very low price that the website declares equal to 1/5 (one fifth) of the original one.

  • Table 1: Asset Shock from Credit Spread Factors (expressed as a % of assets) Counterparty S&PAsset Shock IncreaseBond Spread Factor Assumed Bond Asset Shock IncreaseAsset Shock Increase Original Asset% IncreaseGrade Rating For a fund invested in AA securities with 2.5 years duration, the table indicates that the asset shock would increase by 1.6% of assets (from 1.0% to 2.6%), a very large increase of 159%.

  • The Tighter Spread Building Block in a product in a time period is considered as fulf illed if , in that product, the BBB is fulf illed whereas a valid quote counts into the performance only if it features a spread that is equal to or smaller than the spread required by the maximum spread of the BBB – multiplied by a specific spread factor – on both legs of the quote (Spread Factor).

  • Individual pieces may vary due to the manufacturing Technical Data: Flame Spread Factor, F9:Heat Evolution Factor, Q:Flame Spread Index, I8:Ave Temp.

  • The last three lines are essential to set the right frequency, Spread Factor and Bandwidth on which the BS will listen on.

  • It captures risk appetite in the financial sector, as intermediaries take risk to meet ROE targets (Adrian et al., 2016).The inclusion of the Government Spread Factor is motivated by two observations.

  • The Spread Factor and Bandwidth determines the RF data rate and sensitivity when the Code Rate is fixed.

  • Specifically, they all load strongly positively on the Equity Market Factor and the Emerging Market Factor and somewhat negatively on the Credit Spread Factor.

  • Considering an asynchronousmachine, RF-PWM technique provides the lowest Harmonic Spread Factor as shown in Table IV showsthe improvement in HSF in Random Frequency PWM.


More Definitions of Spread Factor

Spread Factor means with respect to the A-1 Notes 0.50% per annum; with respect to the A-2 Notes 0.55% per annum; with respect to the A-3 Notes 0.75% per annum; and with respect to the A-4 Notes 1.00% per annum.
Spread Factor means the applicable number of basis points designated as such for each of the 2000 Series LIBOR Indexed Bonds and the 2000 Series CP Indexed Bonds in the Corporation Issuance and Sale Certificate. The Corporation has designated the Spread Factors with respect to the 2000L Bonds and the 2000CP Bonds to be, respectively, as shown on the cover of this Official Statement.
Spread Factor means the applicable percentage rate per annum designated as such for each Tranche of the 2005 Bonds in the Corporation Issuance and Sale Certificate. The Corporation has designated the Spread Factor to be 0.10% with respect to the 2005 Series A-1 Bonds, 0.12% with respect to the 2005 Series A-2 Bonds, and 0.14% with respect to the 2005 Series A-3 Bonds.
Spread Factor means the applicable percentage rate per annum designated as such for each Tranche of the 2006 Bonds in the Corporation Issuance and Sale Certificate. The Corporation has designated the Spread Factor to be 0.09% with respect to the 2006 Series A-1 Bonds and 0.12% with respect to the 2006 Series A-2 Bonds.

Related to Spread Factor

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Interest Factor means monthly compounding, discounting or annuitizing, as applicable, at a rate set forth in Exhibit A.

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Spread Multiplier is the percentage specified on the face hereof of the related Interest Rate Basis or Interest Rate Bases applicable to this Note by which the Interest Rate Basis or Interest Rate Bases will be multiplied to determine the applicable interest rate. The “Index Maturity” is the period to maturity of the instrument or obligation with respect to which the related Interest Rate Basis or Interest Rate Bases will be calculated.

  • Class Factor As to any date of determination and any Class of Certificates (other than the Interest Only Classes and the Residual Certificates), a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class plus, in the case of each Accrual Class, all interest that has accrued on the Certificates of such Class prior to such date of determination and been added to the Class Balance thereof, less (ii) the aggregate amount of all Principal Distribution Amounts, if any, allocable thereto prior to such date of determination and the denominator of which is the original Class Balance of such Class. As to any date of determination and any Interest Only Class, a fraction, the numerator of which is the percentage of the balance specified for such purpose under “Reference Sheet–Notional Classes” in the Prospectus Supplement (or, if applicable, the sum of the applicable percentages of the balances so specified) and the denominator of which is the original Class Balance thereof. Code: The Internal Revenue Code of 1986, as amended, including any successor or amendatory provisions.

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • NET INVESTMENT FACTOR The net investment factor for each subaccount is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Note Factor means, with respect to a Payment Date and each Class of Notes, a six-digit decimal, which the Servicer will compute each month, equal to the Note Balance of such Class of Notes as of the end of the related Collection Period divided by the Note Balance of such Class of Notes as of the Closing Date. The Note Factor will be 1.000000 as of the Closing Date; thereafter, the Note Factor will decline to reflect reductions in the Note Balance of such Class of Notes.

  • Stress Factor means 2.25.

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Preferred Shares.

  • Loss Factor means the scaling factor determined in accordance with clause 7 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Moody’s Discount Factor means, for purposes of determining the Discounted Value of any Moody’s Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the Moody’s Exposure Period, in accordance with the table set forth below: Exposure Period Aaa* Aa* A* Baa* Other** (V)MIG-1*** SP-1+**** Unrated***** 7 weeks 151% 159% 166% 173% 187% 136% 148% 225% 8 weeks or less but greater than seven weeks. 154 161 168 176 190 137 149 231 9 weeks or less but greater than eight weeks 158 163 170 177 192 138 150 240 * Mxxxx’x rating. ** Municipal Obligations not rated by Moody’s but rated BBB by S&P. *** Municipal Obligations rated MIG-1 or VMIG-1, which do not mature or have a demand feature at par exercisable in 30 days and which do not have a long-term rating. **** Municipal Obligations not rated by Moody’s but rated SP-1+ by S&P, which do not mature or have a demand feature at par exercisable in 30 days and which do not have a long-term rating. ***** Municipal Obligations rated less than Baa3 or not rated by Moody’s and less than BBB or not rated by S&P, not to exceed 10% of Moody’s Eligible Assets. Notwithstanding the foregoing, (i) except as provided in clause (ii) below, the Moody’s Discount Factor for short-term Municipal Obligations will be 115%, so long as such Municipal Obligations are rated at least MIG-1, VMIG-l or P-1 by Moody’s and mature or have a demand feature at par exercisable in 30 days or less, or 125%, as long as such Municipal Obligations are rated at least A-1+/AA or SP-1+/AA by S&P and mature or have a demand feature at par exercisable in 30 days or less, (ii) the Moody’s Discount Factor for residual interest municipal bonds and structured notes shall be the product of (x) the percentage determined by reference to the rating on the security underlying such residual interest municipal bond multiplied by (y) 1.25 (provided that the trust in which such residual interest municipal bond is held may be terminated within five business days), and (iii) except as provided in clause (ii) above, no Moody’s Discount Factor will be applied to cash, Receivables for Municipal Obligations Sold, or futures, options and similar instruments (to the extent such securities are Moody’s Eligible Assets); provided, however, that for purposes of determining the Moody’s Discount Factor applicable to a Municipal Obligation, any Municipal Obligation (excluding any short-term Municipal Obligation) not rated by Moody’s but rated by S&P shall be deemed to have a Mxxxx’x rating which is one full rating category lower than its S&P rating.

  • 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:

  • Pool Factor Means, as of any Distribution Date, the quotient (rounded to the seventh decimal place) computed by dividing (i) the Pool Balance by (ii) the original aggregate face amount of the Applicable Certificates. The Pool Factor as of any Distribution Date shall be computed after giving effect to any special distribution with respect to unused Deposits, payment of principal of the Equipment Notes or other Trust Property and the distribution thereof to be made on that date.

  • Minimum Weighted Average Spread Test means a test that will be satisfied on any day if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.5%

  • Weighted Average Spread means, with respect to Floating Rate Obligations (in each case excluding Defaulted Loans), as of any date, the number obtained by:

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: Long-Term Ratings* Fitch Applicable Multiplier AAA to AA- 100% A+ to A- 000% BBB+ to BBB- 140% *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Series Adjusted Portfolio Yield means, with respect to any Monthly Period, the annualized percentage equivalent of a fraction, (A) the numerator of which is equal to (a) Reallocated Investor Finance Charge Collections with respect to such Monthly Period, plus (b) the amount of any Principal Funding Account Investment Proceeds for the related Distribution Date, plus (c) provided that each Rating Agency has consented in writing to the inclusion thereof in calculating the Series Adjusted Portfolio Yield, any Excess Finance Charge Collections that are allocated to Series 2022-4 with respect to such Monthly Period, plus (d) the amount of funds, if any, withdrawn from the Reserve Account which pursuant to subsection 4.12(d) are required to be deposited into the Collection Account and included as Class A Available Funds for the Distribution Date with respect to such Monthly Period, minus (e) the Investor Default Amount for the Distribution Date with respect to such Monthly Period, and (B) the denominator of which is the Invested Amount as of the last day of the preceding Monthly Period.

  • Required Accumulation Factor Number shall be equal to a fraction, rounded upwards to the nearest whole number, the numerator of which is one and the denominator of which is equal to the lowest monthly principal payment rate on the Accounts, expressed as a decimal, for the three months preceding the date of such calculation.

  • Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.