calculate the definition

calculate the. Reserve Draw Amount," which shall be equal to the excess, if any, of the Covered Amount with respect to such Distribution Date or Special Payment Date over the Principal Funding Investment Proceeds with respect to such Distribution Date or Special Payment Date; provided, that such amount shall be reduced to the extent that funds otherwise would be available for deposit in the Reserve Account under Section 4.05(a)(xi) with respect to such Distribution Date or Special Payment Date.

Related to calculate the

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Calculation Rate For each Distribution Date, in the case of the Class A and Class B Interests, the product of (i) 10 and (ii) the weighted average rate of the outstanding Class A and Class B Interests, treating each Class A Interest as capped at zero or reduced by a fixed percentage of 100% of the interest accruing on such Class.

  • How We Will Calculate Your Balance We use a method called "average daily balance (including new purchases)." See Your Account Agreement for details.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 4; provided, however, that if a subsequent Valuation Date occurs under Paragraph 2 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 2.

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