Interest Adjustment Payment definition

Interest Adjustment Payment has the meaning set forth in Section 2(d).
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Interest Adjustment Payment means, with respect to any Interest Period on the last day of which there are one or more Undetermined Reference Entities, an amount equal to "A" minus "B," where "A" is equal to (i) the Interest Amount that would have been payable for the Interest Period on the Scheduled Interest Payment Date if (a) each Loss Amount for the Undetermined Reference Entity or Entities had been determined on its Event Determination Date (based on the actual Final Price for the Reference Entity), (b) a Long Cash Settlement Amount Reduction or Short Cash Settlement Amount Increase, as applicable, had been made on the Event Determination Date to reflect such Loss Amount, and (c) the Interest Amount were calculated as set forth under "Description of the Notes—Interest Amount" above (that is, as if "Description of the Notes—Deferral of Interest Amounts" above did not apply), and "B" is equal to the Minimum Interest Amount for the Interest Period provided that, for purposes of determining the Early Redemption Amount and payments due on the Additional Interest Payment when Noteholder Priority applies, the Loss Amount of each Undetermined Reference Entity that is a Long Reference Entity shall be deemed to be 100 percent and the Loss Amount of each Undetermined Reference Entity that is a Short Reference Entity shall be deemed to be zero.
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Interest Adjustment Payment means, with respect to an Interest Accrual Period, an amount equal to (i) the amount of interest that would have been payable in respect thereof if such amount had been determined in accordance with the provisions under "Calculation of Interest" above in the absence of the provisions contained in the first two paragraphs above and if the Payable Credit Protection Payment related to the Unsettled Reference Entities had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) minus (ii) the Minimum Interest Payment in respect thereof.
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Examples of Interest Adjustment Payment in a sentence

  • Until 2009, the average growth was around 6 percent per year, one of the highest in Europe.

  • If such Purchase Price Adjustment is due to the Seller, the Buyer shall pay the amount of such Purchase Price Adjustment and the related Interest Adjustment Payment to the Seller in accordance with Section 2(h).

  • If such Purchase Price Adjustment is due to the Buyer, the Parties hereby agree promptly to deliver notices under the Escrow Agreement directing the Escrow Agent to disburse such Purchase Price Adjustment and the related Interest Adjustment Payment to the Buyer, to the extent that the Escrow Funds at such time are sufficient for payment of such Purchase Price Adjustment and Interest Adjustment Payment.

  • If the Escrow Funds are insufficient to pay in full the aggregate amount of such Purchase Price Adjustment and related Interest Adjustment Payment, the Seller shall pay the amount of such insufficiency to the Buyer in accordance with Section 2(h).

  • Any Purchase Price Adjustment and any Interest Adjustment Payment relating thereto shall be paid in cash, by wire transfer to an account or accounts that shall be designated by the payee not less than one (1) Business Day prior to the payment thereof.

  • This term would be applicable to GCF Repo Transactions and with respect to CCIT Transactions, as stipulated in Rule 3B, and would be the equivalent term to Interest Adjustment Payment for DVP Transactions.GCF Transaction Adjustment Payment The current definition of Transaction Adjustment Payment covers both FOS payments applicable to DVP Transactions and those that are applicable to GCF Repo Transactions.

  • The Interest Rate Mark is a mark-to-market amount on the repo rate for a Forward-Starting Repo Transaction.In addition, in connection with theForward Mark Adjustment Payment, there is a payment called the Interest Adjustment Payment 17 that reflectsof a GCF Repo Transaction that has started (typically referred to as an ‘‘in- flight’’ transaction).(3) Interest Rate MarkAs discussed above, the Interest Rate Mark 19 is an underlying component of the Forward Mark Adjustment Payment.

  • We do not have enough regulation in the UKThe UK has just the right amount of regulation currentlyWe have too much regulation in the UKOverallConservativevoters0%25%50%75%100%Figure 4: Which of the following statements comes closest to your view?The findings confirm those of previous polls by Unchecked UK5 and others.

  • Upon the determination of the Payable Credit Protection Payment in respect of a formerly Unsettled Reference Entity, the portion of the Interest Adjustment Payment attributable to such formerly Unsettled Reference Entity will be calculated.

  • As regards a Sponsored GC Trade, Interest Adjustment Payment would mean the product of the GC Interest Rate Mark multiplied by the applicable Overnight Investment Rate and then multiplied by a fraction, the numerator of which is the number of calendar days between the previous Business Day and the current Business Day and the denominator of which is 360.


More Definitions of Interest Adjustment Payment

Interest Adjustment Payment means, with respect to the period from the Interest Payment Date before the Event Determination Date to the Interest Payment Date before the Cash Settlement Date, an amount equal to (a) the amount of interest that would have been payable in respect of such period if such amount had been determined in accordance with the provisions under "Calculation of Interest" above in the absence of the provisions contained in the first two paragraphs of this section "Interest Payment Deferral" and if the reduction in Principal Balance resulting from the Unsettled Reference Entities had occurred on the relevant Event Determination Date (based on the actual Weighted Average Final Price(s) relating thereto) minus (b) the Minimum Interest Payment in respect thereof.
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Interest Adjustment Payment means, with respect to an Interest Accrual Period, an amount equal to (a) the amount of interest that would have been payable in respect thereof if such amount had been determined in accordance with the provisions under “—Calculation of Interest” above in the absence of the provisions contained in the first three paragraphs under “—Deferral of Interest” and if the Payable Credit Protection Payment related to the Unsettled Reference Entities had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) minus (b) the Minimum Interest Payment in respect thereof.Telerate Page Not Applicable Interest Rate With respect to the Interest Accrual Period from the ClosingDate until the first Scheduled Payment Date (the “First Interest Accrual Period”), the lesser of (i) 6% and (ii) CMS10 plus 0.14% as determined on the Interest Determination Date for such Interest Accrual Period; with respect to each Interest Accrual Period Following the first Interest Accrual Period the greater of (i) the Interest Rate for the immediately preceding Interest Accrual Period and (ii) the lesser of (x) 6% and (y) CMS10 plus 0.14% as determined on the Interest Determination Date for such Interest Accrual Period. Day Count Fraction 30/360 Interest Accrual Period With respect to each Interest Payment Date, interest on thePrincipal Balance of the Notes will accrue during the period (the “Interest Accrual Period”) from and including the preceding Interest Payment Date (or, in the case of the first Interest Payment Date, from and including the Issue Date) to but excluding, as applicable, (i) such Interest Payment Date,(ii) the Early Redemption Date, or (iii) the Event Determination Date with respect to an Incurred Loss Amount that reduces the Principal Balance of the Notes to zero. Any interest accrued but unpaid on any Interest Payment Date will accrue interest at the Interest Rate from and including such Interest Payment Date to but excluding the succeeding Interest Payment Date. CMS10 Determination ............................. On the date which is two London Banking Days andTARGET Settlement Days prior to the first day of the relevant Interest Accrual Period (each such day, an “Interest Determination Date”), the Agent Bank will determine “CMS10” based on the annual swap rate for Euro swap transactions with a maturity of 10 years, expressed as a percentage, which appears on the Reuters screen ISDAFIX2 Page (or such other page as may repla...
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Interest Adjustment Payment means, with respect to an Interest Accrual Period, an amount equal to (a) the amount of interest that would have been payable in respect thereof if such amount had been determined in accordance with the provisions under “—Calculation of Interest” above in the absence of the provisions contained in the first three paragraphs under “— Deferral of Interest” and if the Payable Credit Protection Payment related to the Unsettled Reference Entities had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) minus (b) the Minimum Interest Payment in respect thereof.Designated Maturity Three months, provided that, “three month LIBOR” in respect ofthe first Interest Accrual Period will be determined by reference to a rate based on LIBOR for a period equal to the length of the first Interest Accrual Period (if such a rate is available) and otherwise will be determined through the use of straight line interpolation by reference to two rates based on LIBOR, one of which shall be determined as if the Designated Maturity were the period of time for which rates are available next shorter than the length of the Interest Accrual Period and the other of which shall be determined as if the Designated Maturity were the period of time for which rates are available next longer than the length of the Interest Accrual Period. Telerate Page Telerate page 3750 Interest Rate ........................................... For Interest Payment Date occurring on June 20, 2007, themaximum of (0, Floating Rate + 20bps + 3*(Straddle Price – 4.0)). On June 20, 2007, there is a one time payment of interest (calculated in accordance with the preceding sentence) plus USD 6,223. For Interest Payment Dates from and including September 20, 2007 to and including June 20, 2008, the maximum of (0, Floating Rate + 20bps + 3*(Straddle Price – 4.0)). For Interest Payment Dates from and including September 20, 2008 to and including June 20, 2009, the maximum of (0, Floating Rate - 50bps + 3*(Straddle Price – 4.0)). For Interest Payment Dates from and including September 20, 2009 to and including June 20, 2010, the maximum of (0, Floating Rate - 100bps + 3*(Straddle Price – 4.0)).For Interest Payment Dates from and including September 20, 2010 to and including June 20, 2011, the maximum of (0, Floating Rate - 150bps + 3*(Straddle Price – 4.0)). For Interest Payment Dates from and including September 20, 2011 to and including June 20, 2017, the maximum o...
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Interest Adjustment Payment means for any period of calculation, the difference between (x) the amount of interest actually accrued on the unpaid principal balance of the Loan for such period, and (y) the Estimated Interest Payment paid to the Lender for such period.
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Interest Adjustment Payment means, with respect to an Interest Period, an amount equal to (a) the Interest Amount that would have been payable in respect thereof on the Scheduled Interest Payment Date following the relevant Event Determination Date (i) if each Loss Determination Amount related to each Undetermined Reference Entity had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) or (ii) in the case of any Suspect Reference Entity where an Event Determination Date has not occurred during the relevant Notice Delivery Period, as if there had been no Potential Credit Event in respect of such Reference Entity as of the Scheduled Maturity Date in the opinion of the Swap Counterparty minus (b) the Minimum Interest Amount in respect thereof.
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Related to Interest Adjustment Payment

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Payment Amount as defined in Section 3.5.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $50,378.70, plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • 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;

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;