Variation Amount definition

Variation Amount means an amount of money assessed, agreed or determined as payable for a Permitted Variation in accordance with this clause 11;
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Variation Amount means the highest volume weighted average price of the Common Stock on any Trading Day during the respective Pricing Period minus the lowest volume weighted average price of the Common Stock on any Trading Day during the respective Pricing Period.
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Variation Amount means an amount of LNG (if any) that the Parties agree and specify in the Confirmation Notice to be a reasonable allowance for variation in the actual Quantity Delivered from the estimate comprising the Contract Quantity and which shall include operational variations, other than the operational tolerance already taken into account under LNG Capacity and established by the master of the Vessel and the operator of the Loading Port facilities or the Production Terminal.
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Examples of Variation Amount in a sentence

  • If, upon the consummation of any Asset Sale of Oil and Gas Properties, the BB Variation Amount shall exceed 5% of the most recently redetermined Borrowing Base, then the Borrowing Base in effect immediately prior to the consummation of such Asset Sale shall be reduced by the BB Value of the Oil and Gas Properties subject to such Asset Sale.

  • If, upon the novation, amendment, restructuring, unwind or other termination of any Hedging Arrangement, the BB Variation Amount shall exceed 5% of the most recently redetermined Borrowing Base, then the Borrowing Base in effect immediately prior to such novation, amendment, restructuring, unwind or termination of such Hedging Arrangement shall be reduced by the BB Value of such Hedging Arrangement.


More Definitions of Variation Amount

Variation Amount on any day means, with respect to any Transaction, such amount if any required to be provided by the Pledgor to the Secured Party on such day in connection with such Transaction, as specified in the Confirmation confirming such Transaction. The Variation Amount and the mark-to-market exposure relating to the ▇▇▇iation Amount with respect to any Transaction shall be determined by the Secured Party at any time during such day.
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Related to Variation Amount

  • Designation Amount has the meaning provided in the definition of Unrestricted Subsidiary.

  • Calculation Amount means the Calculation Amount as specified in § 1 of the Product and Underlying Data.

  • Coupon Amount means, in respect of each Nominal Amount, an amount calculated by the Calculation Agent as specified under "Coupon Amount" in the Product Terms or, if not specified there, calculated as follows:

  • Substitution Amount The amount, if any, by which the Scheduled Principal Balance of a Deleted Mortgage Loan exceeds the Scheduled Principal Balance of the related Qualifying Substitute Mortgage Loan, or aggregate Scheduled Principal Balance, if applicable, plus unpaid interest thereon, any related unpaid Advances or Servicing Advances or unpaid Servicing Fees and the amount of any costs and damages incurred by the Trust Fund associated with a violation of any applicable federal, state or local predatory or abusive lending law in connection with the origination of such Deleted Mortgage Loan.

  • Allocation Amount means, as of the Closing Date, the Series [•] Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series [•] Stated Principal Amount resulting from the issuance of additional Series [•] Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series [•] Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.