Notional Affected Portion means the portion which is equal to the proportion which the nominal amount of the Delivered Collateral bears to the aggregate nominal amount of the Collateral immediately prior to the delivery of such Delivered Collateral. The determination of the Notional Affected Portion may be an iterative process which will be carried out by the Calculation Agent in its sole and absolute discretion;
Notional Affected Portion means the portion which is equal to the proportion of the nominal amount of the Delivered Collateral to the nominal amount of the Collateral immediately prior to the delivery of such Delivered Collateral;
Notional Affected Portion means, the portion which is equal to the proportion which the nominal amount of the Delivered Collateral bears to the aggregate nominal amount of the Collateral immediately prior to the delivery of such Delivered Collateral. The determination of the Notional Affected Portion may be an iterative process which will be carried out by the Calculation Agent in its sole discretion; (iv) the Issuer will deliver to the Swap Counterparty on or before the Maturity Date, if or to the extent that the Asset Swap shall not on or before such date have terminated in accordance with its terms, the Collateral (if any) or the proceeds of redemption thereof. The Swap Counterparty will pay to the Issuer on or before the Maturity Date, if or to the extent that the Asset Swap shall not on or before such date have terminated in accordance with its terms, the aggregate of the Outstanding Principal Amounts of the Notes on such date, together with any additional Interest Amount payable on the Extended Maturity Date, as determined in accordance with paragraph 12 (Interest on Extended Maturity Date) above;
Examples of Notional Affected Portion in a sentence
Such determination shall be made as if an Early Termination Date shall be deemed to have been designated in respect of the Notional Affected Portion of this Transaction as of the Relevant Credit Event Determination Date.
Such determination shall be made on the applicable Writedown Date as if an Early Termination Date had been designated in respect of the Notional Affected Portion of this Transaction as of the Relevant Cash Settlement Date.
The determination of the Notional Affected Portion may be an iterative process which will be carried out by the Calculation Agent in its sole and absolute discretion.
More Definitions of Notional Affected Portion
Notional Affected Portion of this Transaction means that part of this Transaction which is equal to the proportion which the Cash Settlement Amount bears to the aggregate nominal amount of Collateral immediately prior to the payment of the Cash Settlement Amount, as determined by the Calculation Agent.
Notional Affected Portion of this Transaction means that part of this Transaction which is equal to the proportion which the nominal amount of Delivered Bond Collateral bears to the aggregate nominal amount of Collateral immediately prior to the delivery of Delivered Bond Collateral, as determined by the Calculation Agent.
Notional Affected Portion means, the portion which is equal to the proportion which the amount of the Delivered Cash Collateral, being an amount in USD equal to the Relevant Cash Settlement Amount (as defined in the Default Swap Confirmation), bears to the Outstanding Principal Amount of the Notes (prior to any reduction resulting from any payment of the relevant Cash Settlement Amount). The determination of the Notional Affected Portion may be an iterative process which will be carried out by the Calculation Agent in good faith and in a commercially reasonable manner.
Notional Affected Portion means, the portion which is equal to the proportion which the amount of the Collateral Payment bears to the aggregate nominal amount of the Collateral immediately prior to the payment of such Collateral Payment.The determination of the Notional Affected Portion may be an iterative process which will be carried out by the Calculation Agent in its sole and absolute discretion;(iii) the Issuer will on each Amortisation Early Redemption Date and any New Notes Amortisation and Redemption Date, if or to the extent that the Asset Swap shall not on or before such date have terminated in accordance withits terms, pay to the Swap Counterparty an amount of the Collateral Balance equal to the aggregate of the Amortisation Early Redemption Amounts in respect of the Notes corresponding to such Amortisation Early Redemption Date or the aggregate of the Additional Amortisation Early Redemption Amounts in respect of the Notes corresponding to such New Notes Amortisation and Redemption Date, as the case may be, provided that in no event shall the Issuer be liable to make a payment greater than the aggregate of the Outstanding Principal Amount of the Notes as at such Amortisation Early Redemption Date or, as the case may be, New Notes Amortisation and Redemption Date.The Swap Counterparty will on each Amortisation Early Redemption Date or, as the case may be, New Notes Amortisation and Redemption Date, if or to the extent that the Asset Swap shall not on or before such date have terminated in accordance with its terms, pay to the Issuer the aggregate of the Amortisation Early Redemption Amounts in respect of a partial redemption of the Notes on such Amortisation Early Redemption Date or, as the case may be, the aggregate of the Additional Amortisation Early Redemption Amounts in respect of the partial redemption of the Notes on such New Notes Amortisation and Redemption Date.(iv) the Issuer will pay to the Swap Counterparty on or before the Maturity Date, if or to the extent that the Asset Swap shall not on or before such date have terminated in accordance with its terms, the Collateral Balance then standing to the credit of the Deposit Account (if any) or the proceeds of redemption thereof.The Swap Counterparty will pay to the Issuer on or before the Maturity Date, if or to the extent that the Asset Swap shall not on or before such date have terminated in accordance with its terms, the aggregate of the Outstanding Principal Amounts of the Notes on such date, together with a...
Notional Affected Portion means, the portion which is equal to the proportion which the Delivered Deposit Amount bears to the funds standing to the credit of the Notional Deposit Account immediately prior to the debiting of such Delivered Deposit Amount. The determination of the Notional Affected Portion may be an iterative process which will be carried out by the Calculation Agent in its sole and absolute discretion;
Notional Affected Portion of this Transaction means that part of this Transaction which is equal to the proportion which the sum of the aggregate nominal amount of Delivered Bond Collateral and the amount of any Delivered Cash Collateral bears to the sum of the aggregate nominal amount of the Bond Collateral and the amount standing to the credit of the Deposit Account, in each case immediately prior to the delivery of Delivered Collateral, as determined by the Calculation Agent.
Notional Affected Portion of this Transaction means that part of this Transaction which is equal to the proportion which the amount of Delivered Cash Collateral (being an amount in cash which is equal to the Relevant Cash Settlement Amount (as defined in the Default Swap)), as determined by the Calculation Agent.