Fixed Rate Payer Calculation Amount definition

Fixed Rate Payer Calculation Amount means the amounts shown as such in the OTC Trade Event Report or, if an amount is not so shown, the Floating Rate Payer Calculation Amount (Chapter VIII, Section 2.1.16.1).
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Fixed Rate Payer Calculation Amount means the amounts shown as such in the OTC Trade Event Report or, if an amount is not so shown, the Floating Rate Payer Calculation Amount (Number 2.1.18.1).
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Fixed Rate Payer Calculation Amount means, on any day, an amount equal to the Initial Fixed Rate Payer Calculation Amount, less the Aggregate Floating Amount as of such date.Solely for purposes of calculating the amount payable by the Swap Counterparty in respect of the Fixed Amount, the Fixed Rate Payer Calculation Amount will be reduced on each Event Determination Date, by an amount (the "Early Floating Amount") equal to the Floating Amount that would have been applied to the Fixed Rate Payer Calculation Amount if the relevant Cash Settlement Amount had been equal to the relevant Defaulted Reference Entity's Floating Rate Payer Calculation Amount (subject to Restructuring Credit Event Notice).Termination of Credit Swap Unless terminated earlier, the Credit Swap will terminateon the earlier of (i) the Swap Scheduled Termination Date or, if later, the Deferred Redemption Date and (ii) the date on which the Adjusted Additional Amount of the Notes has been reduced to zero (any such date, the "Swap Termination Date"); provided that the Fixed Amount payable by the Swap Counterparty shall cease accruing on the earlier of (i) the date on which the Adjusted Additional Amount is reduced to zero and (ii) the Swap Scheduled Termination Date.The Credit Swap is subject to early termination only in limited circumstances, including payment defaults lasting a period of at least three Business Days by the Issuer or the Swap Counterparty, bankruptcy-related events applicable to the Issuer or the Swap Counterparty, merger without assumption of liabilities thereunder by the Issuer or the Swap Counterparty, illegality, the occurrence of a Tax Event or Tax Event upon Merger (as each such term is defined in the Credit Swap), the occurrence of an Early Redemption Event in respect of the Notes under the Indenture, the occurrence of an acceleration of the Notes (which has not been rescinded or annulled) following the occurrence of an Event of Default (other than pursuant toSection 5.01(f) of the Indenture) and the occurrence of a Swap Counterparty Downgrade Event.Swap Counterparty Downgrade Event........ It shall be an Additional Termination Event under theCredit Swap in respect of which the Swap Counterparty will be the sole Affected Party (as defined therein), if the Swap Counterparty's short-term issuer credit rating is withdrawn or downgraded to "A-1" or lower by S&P and the Swap Counterparty does not satisfy any of the requirements set forth in paragraphs (i), (ii) or (iii) below within 30 calendar days of such...
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Examples of Fixed Rate Payer Calculation Amount in a sentence

  • Fixed Rate Payer Calculation Amount: For any Fixed Rate Payer Calculation Period, an amount determined by the Calculation Agent equal to (a) the sum of the Outstanding Swap Notional Amount as at 5 p.m. in the Calculation Agent City on each day in such Fixed Rate Payer Calculation Period, divided by (b) the actual number of days in such Fixed Rate Payer Calculation Period.

  • Fixed Rate Payer Calculation Amount: The Floating Rate Payer Calculation Amount Fixed Rate Payer Payment Dates: Each 20 March, 20 June, 20 September and 20 December in each year.

  • Fixed Rate Payer Calculation Amount: Initially USD 10,000,000 and thereafter the Principal Amount of the Notes from time to time.

  • For purposes of calculating all Fixed Amounts payable subsequent to an amendment, the Fixed Rate Payer Calculation Amount shall be equal to the Current Floating Rate Payer Calculation Amount (as defined in a Transaction Supplement) after giving effect to all amendments with an Amendment Settlement Date occurring during such Fixed Rate Payer Calculation Period.

  • Fee Fixed Rate Day Count Fraction: Actual/360 Rebate of Fee Fixed Amounts Any portion of a Fee Fixed Amount that was not due to be paid in respect of any Fee Fixed Rate Payer Calculation Period, as a result of a reduction in the Fee Fixed Rate Payer Calculation Amount, shall be rebated to the Buyer on the last Business Day of the relevant Fee Fixed Rate Payer Calculation Period.

  • Fixed Rate Payer Calculation Amount: An amount equal to (a) the Reference EntityWeighting multiplied by (b) the Original Notional Amount.Reference Entity Weighting: The percentage set out opposite the relevant Reference Entity in the Index Annex.Fixed Rate Payer Payment Dates: Each Interest Payment Date for the Notes.

  • Fixed Rate Payer Calculation Amount: For any Fixed Rate Payer Calculation Period,an amount determined by the Calculation Agent equal to (a) the sum of the Outstanding Swap Notional Amount as at 5 p.m. in the Calculation Agent City on each day in such Fixed Rate Payer Calculation Period, divided by (b) the actual number of days in such Fixed Rate Payer Calculation Period.

  • Fixed Rate Payer: Buyer Fixed Rate Payer Calculation Amount: The arithmetic average of the OutstandingTranche Notional Amounts on each day in the relevant Fixed Rate Payer Calculation Period.

  • Such termination shall take effect through the reduction of the Multiplier, the Loss Limit and the Class E Fraction and the deemed reduction of each Cash Settlement Amount paid by the Protection Seller on or prior to the date of such termination (including, in each case, for the purpose of calculating the Fixed Rate Payer Calculation Amount), by the relevant proportion.

  • Fixed Rate Payer: Buyer Fixed Rate Payer Calculation Amount: The arithmetic average of the Outstanding Tranche Notional Amounts on each day in the relevant Fixed Rate Payer Calculation Period.

Related to Fixed Rate Payer Calculation Amount

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Designation Amount has the meaning given to this term in Section 4.15.

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Class A-X Notional Amount With respect to any Distribution Date, an amount equal to the aggregate Scheduled Principal Balance of the Non-Discount Mortgage Loans.

  • Swap Notional Amount With respect to any Distribution Date is the amount set forth on Schedule II attached hereto with respect to such Distribution Date.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5; and (ii) for the purposes of Conditions 7(c), 7(d) and 7(e) any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b); the term “Coupon Amount” also includes floating Coupon Amounts;

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Class X-D Notional Amount With respect to the Class X-D Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-D Components.

  • Allocation Amount means, as of the Closing Date, the Series 2017-1 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 2017-1 Stated Principal Amount resulting from the issuance of additional Series 2017-1 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 2017-1 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 greaterthan 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.

  • Class Notional Amount Not applicable.

  • Adjusted Actual/360 Accrued Interest Amount with respect to any REMIC I Regular Interest referred to in clause (B) of the second sentence of the prior paragraph, for any Interest Accrual Period, is an amount of interest equal to the product of (a) the Net Mortgage Rate then in effect (including as a result of any step-up provision) for the related Mortgage Loan under the original terms of such Mortgage Loan in effect as of the Closing Date (without regard to any modifications, extensions, waivers or amendments of such Mortgage Loan subsequent to the Closing Date, whether entered into by the Master Servicer or the Special Servicer or in connection with any bankruptcy, insolvency or other similar proceeding involving the related Borrower), multiplied by (b) a fraction, the numerator of which is the number of days in such Interest Accrual Period, and the denominator of which is 360, multiplied by (c) the Uncertificated Principal Balance of such REMIC I Regular Interest immediately prior to the Distribution Date that corresponds to such Interest Accrual Period; provided that, if the subject Interest Accrual Period occurs during (x) December of any year that does not immediately precede a leap year or (y) January of any year, then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be decreased by the Interest Reserve Amount, if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.04(c), from the Distribution Account to the Interest Reserve Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period; and provided, further, that, if the subject Interest Accrual Period occurs during February of any year (or during any December or January preceding the month of the Final Distribution Date), then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be increased by the Interest Reserve Amount(s), if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.05(c), from the Interest Reserve Account to the Distribution Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;

  • Class X Notional Amount As of any date of determination, the sum of the then Component Notional Amounts of all the Components.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Quotation Amount means the amount in the Relevant Currency stated as the notional amount with respect to a particular Limit Bid, Limit Offer, Initial Market Bid, Initial Market Offer, Physical Settlement Buy Request or Physical Settlement Sell Request in a Participating Bidder's Initial Market Submission, a Physical Settlement Request or Limit Order Submission, as applicable, which amount in each case will be an integral multiple of an amount equal to the Quotation Amount Increment.

  • Note Interest Distributable Amount means, with respect to any Payment Date and a Class of Notes, the sum of the Note Monthly Interest Distributable Amount for such Payment Date and the Note Interest Carryover Shortfall for such Class of Notes. For all purposes of this Agreement and the other Basic Documents, interest with respect to the Class A-2, Class A-3 and Class A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months; and interest with respect to the Class A-1 Notes shall be computed on the basis of the actual number of days in each applicable Interest Accrual Period, divided by 360.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • Aggregate Notional Amount means, with respect to any date of determination, an amount equal to the sum of the notional amounts or equivalent amounts of all outstanding Hedging Agreements, Replacement Hedging Agreements and Qualified Substitute Arrangements, each as of such date of determination.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • Maximum Uncertificated Accrued Interest Deferral Amount With respect to any Distribution Date, the excess of (a) accrued interest at the Uncertificated REMIC 3 Pass-Through Rate applicable to REMIC 3 Regular Interest LTZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC 3 Regular Interest LTZZ minus the REMIC 3 Overcollateralization Amount, in each case for such Distribution Date, over (b) the sum of the Uncertificated Accrued Interest on REMIC 3 Regular Interest LTIA1, REMIC 3 Regular Interest LTIIA1, REMIC 3 Regular Interest LTIIA2, REMIC 3 Regular Interest LTIIA3, REMIC 3 Regular Interest LTIIA4, REMIC 3 Regular Interest LTM1, REMIC 3 Regular Interest LTM2, REMIC 3 Regular Interest LTM3, REMIC 3 Regular Interest LTM4, REMIC 3 Regular Interest LTM5, REMIC 3 Regular Interest LTM6, REMIC 3 Regular Interest LTM7, REMIC 3 Regular Interest LTM8, REMIC 3 Regular Interest LTM9, REMIC 3 Regular Interest LTM10, REMIC 3 Regular Interest LTB1, REMIC 3 Regular Interest LTB2 and REMIC 3 Regular Interest LTB3 with the rate on each such REMIC 3 Regular Interest subject to a cap equal to the lesser of (i) LIBOR plus the related Certificate Margin for the related Corresponding Certificate and (ii) the Net WAC Rate for the purpose of this calculation; provided, however, that for this purpose, calculations of the Uncertificated REMIC 3 Pass-Through Rate and the related caps with respect to each such REMIC 3 Regular Interest shall be multiplied by a fraction, the numerator of which is the actual number of days in the Accrual Period and the denominator of which is 30.