Examples of Party B Final Exchange Amount in a sentence
Party B Final Exchange Amount: The Party A Final Exchange Amount converted intoCanadian Dollars at the Currency Swap Transaction Exchange Rate.
Party B Final Exchange Amount II: Party B shall deliver the Collateral (including, for theavoidance of doubt, any Repurchased Collateral or Fungible Collateral returned to the Issuer in accordance with the Repurchase Agreement or payment of amounts under Clause 10 of the Repurchase Agreement in lieu of such return of collateral) or the full proceeds of the redemption thereof in accordance with the terms thereof to Party A on the Final Exchange Date II.
Party B Final Exchange Amount: In respect of a Party B Final Exchange Date, an amount equal to any aggregate scheduled principal amounts due on the Original Collateral that Party B has agreed to purchase on or around the Issue Date in respect of the Notes, in each case assuming no deduction for or on account of any withholding tax, back-up withholding or other tax, duties or charges of whatevernature imposed by any authority of any jurisdiction.
For the purposes of determining a Party B Final Exchange Date and the corresponding Party B Final Exchange Amount, whether a payment date or amount is “scheduled” is to be determined by reference to the terms of the Original Collateral as at the Trade Date and disregarding any terms allowing for non-payment, deferral or adjustments to any scheduled payments and any notice or grace period in respect thereof.
Any such amount so deferred on the Party B Final Exchange Amount and Party A Final Exchange Amount shall not be payable and the parties shall have no further obligations to each other in respect of such amounts.