Method of Averaging definition
Method of Averaging. Weighted Average.
Method of Averaging. Inapplicable Compounding: Inapplicable Business Days for payment: London and New York Calculation Agent: WestLB Set Off: Applies. Party A may set off any Fixed Amount previously due on a prior Fixed Rate Payer Payment Date that remains unpaid as of a Floating Rate Payer Payment Date against any Floating Amount owed by it to Party B on such Floating Rate Payer Payment Date.
Method of Averaging. Rounding Convention: 5 decimal places as per ISDA Business Days: New York and London Documentation: International Swaps and Derivatives Association, Inc. ("ISDA") master agreement ("Master Agreement") with a first draft of a schedule thereto to be provided by NBD. This letter shall evidence a binding agreement between the parties until such time as the master agreement is executed, and upon its execution shall become a "confirmation" thereunder. Terms used and not otherwise defined herein shall have their meanings as defined in the 1991 ISDA definitions. Dealing with confirmations on our behalf: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇▇▇ Dealing with settlements on our behalf: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇-▇▇▇-▇▇▇▇ NBD Bank Payment Instructions:
Examples of Method of Averaging in a sentence
Rate Cut-off Dates: Inapplicable Method of Averaging: Inapplicable Compounding: Inapplicable Compounding Dates: Inapplicable Business Days for payment: New York Calculation Agent: Greenwich Capital Markets, Inc.
Spread: Floating Rate Day Count Fraction: Reset Dates: Method of Averaging: Compounding Business Days: ▇▇▇▇▇ Index means that the rate for a Reset Date will be the rate determined on the basis of the ▇▇▇▇▇ 30-Day High Grade Index and as computed by ▇▇▇▇▇ Information Systems, Inc.
Method of Averaging: Un-weighted Rounding: The Floating Price A will be rounded to 4 decimal places.