Party B Floating Amount definition

Party B Floating Amount. With respect to each Reference Obligation, the amount equal to the excess, if any, of (a) the aggregate Auction Proceeds of the Certificates constituting such Reference Obligation, over (b) the aggregate Par Price of the Certificates constituting such Reference Obligation.
Sample 1Sample 2Sample 3
Party B Floating Amount. With respect to each Reference Obligation, the amount equal to the excess, if any, of (a) the aggregate Auction Proceeds of the Certificates constituting such Reference Obligation, over (b) the aggregate Par Price of the Certificates constituting such Reference Obligation, payable in USD. Party B Payment Date: The Auction Distribution Date Calculation Agent: RBS Business Days: New York and any other city in which the corporate trust office of the Securities Administrator is located Business Day Convention: Modified Following
Sample 1
Party B Floating Amount. With respect to each Party B Floating Rate Payer Payment Date, an amount in United States Dollars determined in accordance with the following formula: NA FR y/360 where, NA is the Notional Amount with respect to the related Party B Floating Rate Calculation Period; FR is the floating rate equal to the rate for the Party B Floating Rate Option with respect to such Party B Floating Rate Calculation Period of the applicable Party B Floating Rate Designated Maturity plus the Party B Floating Rate Spread, each with respect to the related Party B Floating Rate Calculation Period; provided, however, that for the initial Party B Floating Rate Calculation Period, FR will be 2.04018%; and y is the actual number of days with respect to the related Party B Floating Rate Calculation Period;
Sample 1

Examples of Party B Floating Amount in a sentence

  • The amount so deferred on the Party B Floating Amount shall, subject to the terms of this Agreement, be payable on the next Party B Payment Date (together with an additional floating amount accrued thereon accrued at the applicable Party B Floating Rate) and the Party B Floating Amount due on such date shall be deemed to include such amounts.

  • The amount so deferred on the Party B Floating Amount will be payable on the next Party B Payment Date (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party B Floating Rate (excluding the Spread)) and the Party B Floating Amount due on such date will be deemed to include such amounts.

  • The amount so deferred on the Party B Floating Amount will be payable on the next Party B Payment Date (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party B Floating Rate (excluding the Spread)) and the Party B Floating Amount due on such will be deemed to include such amounts.

  • The amount so deferred on the Party B Floating Amount will be payable on the next Party B Payment Date subject to further deferral (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party B Floating Rate (excluding the Spread)) and the Party B Floating Amount due on such date will be deemed to include such amounts.

  • Any such amount so deferred on the Party B Floating Amount shall be payable on the next Party B Payment Date (together with an additional floating amount accrued thereon accrued at the applicable Party B Floating Rate) and the Party B Floating Amount due on such date shall be deemed to include such amounts.

  • The amount so deferred on the Party B Floating Amount will be payable on the next Party B Payment Date (together with an additional floating amount accrued thereon at the applicable Party B Floating Rate) and the Party B Floating Amount due on such date will be deemed to include such amounts.

  • The amount so deferred on the Party B Floating Amount will be payable on the next Party B Payment Date subject to further deferral (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party B Floating Rate (excluding the Spread)) and the Party B Floating Amount due on such will be deemed to include such amounts.

  • The amount so deferred on the Party B Floating Amount will be payable on the next Party B Payment Date (together with an additional floating amount accrued thereon accrued at the applicable Party B Floating Rate) and the Party B Floating Amount due on such will be deemed to include such amounts.

  • If any payment of interest under the Relevant Notes is deferred in accordance with the terms and conditions of the Relevant Notes then a corresponding part of the Party A Floating Amount and a pro rata part of the Party B Floating Amount which, in each case, would otherwise be due in respect of the relevant Party A Payment Date and Party B Payment Date respectively, shall be deferred.

  • On any subsequent occasion if any payment of interest under the Relevant Notes is deferred (including any payment of a previous shortfall of interest under the Relevant Notes or any payment of interest on such shortfall) in accordance with the terms and conditions of the Relevant Notes then all or a corresponding part of the Party A Floating Amount and a pro rata part of the Party B Floating Amount shall be deferred.


More Definitions of Party B Floating Amount

Party B Floating Amount. The amount equal to the sum of (x) the amount of Book Income for the Settlement Period most recently ended or on each day since the last Party B Payment Date, MINUS (y) the aggregate amount payable to or for the account of the Portfolio Manager for application to any obligations of Party B described in clause (8) of subsection 5(b) of the Investment Management Agreement. Provided, however, that the Party B Floating Payment Dates and the Party B Floating Amount described above are subject to Section 3 below. If an Early Termination Date occurs the provisions of Section 6(e)(i) and 6(e)(ii) of the Agreement will not apply to this Transaction. In addition to the foregoing and without prejudice to either party's rights under the succeeding sentence, neither party hereto shall have the right to terminate this Agreement pursuant to Section 6(a) or 6(b) of the Agreement, notwithstanding the fact that an Event of Default or Termination Event may exist. Without duplication, upon the occurrence of the Maturity Date, then upon the Funding Agent or Party B's delivery of notice to Party A, the parties hereto shall make the following payments:
Sample 1
Party B Floating Amount. With respect to each Reference Obligation, the Auction Excess Amount. Party B Payment Date: The Auction Payment Date
Sample 1
Party B Floating Amount. With respect to each Reference Obligation, the amount equal to the excess, if any, of (a) the aggregate Auction Proceeds of the Certificates constituting such Reference Obligation, over (b) the aggregate Par Price of the Certificates constituting such Reference Obligation. Party B Payment Date: The Auction Distribution Date Calculation Agent: GCD Business Days: New York, London and any other city in which the corporate trust office of the Securities Administrator is located Business Day Convention: Modified Following Please pay GCD at: XX Xxxxxx Xxxxx Bank ABA # 000-000-000 A/C GCD A/C # 0662-14335 We will pay Xxxxx Fargo Bank, N.A. at: Xxxxx Fargo Bank, N.A. ABA # 021000248 A/C# 0000000000 A/C Name: SHS Clearing For further credit: Xxxxxxxxx 0000-0, Xxxx Proceeds Account For convenience, GCD may be reached as follows: Xxxxxxx Pill1ari 000 Xxxxxxxxx Xxxx Xxxxxxxxx, XX 00000 Phone: (000) 000-0000 Fax: (000) 000-0000 Xxxxxx Xxxxxxxxxx 000 Xxxxxxxxx Xxxx Xxxxxxxxx, XX 00000 Phone: (000) 000-0000 Fax: (000) 000-0000
Sample 1
Party B Floating Amount. The A$ Class [A1] A Interest Amount Provided that, if on any Floating Rate Payer Payment Date, the Manager determines, in accordance with Clause 5 of the Supplementary Terms Notice (as specified in a notice from the Manager to Party B on the immediately preceding Quarterly Determination Date), that there are insufficient funds available for Party B to pay the Party B Floating Amount in full, then the Party B Floating Amount payable on such Floating Rate Payer Payment Date shall be an amount equal to the lesser AUD amount specified in such notice. FLOATING RATE PAYER : Each Quarterly Payment Date up PAYMENT DATES to and including the last Quarterly Payment Date Subject to adjustment in accordance with the Modified Following Business Day Convention. PARTY B FLOATING RATE OPTION : AUD-BBR-BBSW (based on the average rate for the Reset Date and the 2 immediately preceding Business Days) DESIGNATED MATURITY : 90 days (except for the initial Calculation Period in which case the Designated Maturity is [60] days) PARTY B SPREAD : [*]% for all Calculation Periods. FLOATING RATE DAY COUNT FRACTION : Actual/365 (fixed) PERIOD END DATES : Each Quarterly Payment Date RESET DATES : The first day of each Interest Period Subject to adjustment in accordance with the Modified Following Business Day Convention. BUSINESS DAYS : Sydney INITIAL EXCHANGE: INITIAL EXCHANGE DATE : Closing Date Subject to adjustment in accordance with the Modified Following Business Day Convention.
Sample 1

Related to Party B Floating Amount

  • Floating Amount means, for any Payment Date an amount equal to the floating amount payable by the Swap Counterparty to the Issuer for such date pursuant to the Interest Rate Swap.

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

  • Class A Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class A Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of such day; provided, however, that with respect to the first Monthly Period, the Class A Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.

  • Class C Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Class A-4 Note Interest Rate means a rate per annum equal to 2.11%.

  • Class B Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class B Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of the close of business on such day; provided, however, that with respect to the first Monthly Period, the Class B Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Class A Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Floating Swap Payment With respect to any Distribution Date, a floating amount equal to the product of (i) Swap LIBOR, (ii) the related Base Calculation Amount (as defined in the Interest Rate Swap Agreement), (iii) 250 and (iv) a fraction, the numerator of which is the actual number of days elapsed from and including the previous Floating Rate Payer Payment Date (as defined in the Interest Rate Swap Agreement) to but excluding the current Floating Rate Payer Payment (or, for the first Floating Rate Payer Payment Date, the actual number of days elapsed from the Closing Date to but excluding the first Floating Rate Payer Payment Date), and the denominator of which is 360.

  • Class B Note Interest Rate means a per annum rate of [ ]% [in excess of LIBOR as determined on the LIBOR Determination Date for the applicable Interest Period].

  • Floating Rate Margin means 7.50 per cent. per annum.

  • Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • S&P Credit Support Amount means, for any Valuation Date, the excess, if any, of:

  • Credit Support Amount has the meaning specified in Paragraph 3.

  • Floating Investor Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the Adjusted Investor Interest as of the close of business on the last day of the prior Monthly Period (or with respect to the first Monthly Period, the Initial Investor Interest) and the denominator of which is the greater of (a) the sum of (i) the aggregate amount of Principal Receivables as of the close of business on the last day of the prior Monthly Period (or with respect to the first calendar month in the first Monthly Period, the aggregate amount of Principal Receivables in the Trust as of the close of business on the day immediately preceding the Closing Date, and with respect to the second calendar month in the first Monthly Period, the aggregate amount of Principal Receivables as of the close of business on the last day of the first calendar month in the first Monthly Period) and (ii) the Excess Funding Amount as of the close of business on such last day of the prior Monthly Period and (b) the sum of the numerators used to calculate the Investor Percentages (as such term is defined in the Agreement) for allocations with respect to Finance Charge Receivables, Default Amounts or Principal Receivables, as applicable, for all outstanding Series on such date of determination; provided, however, that with respect to any Monthly Period in which an Addition Date occurs or in which a Removal Date occurs, the amount determined pursuant to clause (a)(i) hereof shall be the quotient of (A) the sum of (I) the aggregate amount of Principal Receivables in the Trust as of the close of business on the last day of the prior Monthly Period multiplied by the actual number of days in the period from and including the first day of such Monthly Period to but excluding the related Addition Date or Removal Date and (II) the aggregate amount of Principal Receivables in the Trust as of the beginning of the day on the related Addition Date or Removal Date after adjusting for the aggregate amount of Principal Receivables added to or removed from the Trust on the related Addition Date or Removal Date, multiplied by the actual number of days in the period from and including the related Addition Date or Removal Date to and including the last day of such Monthly Period divided by (B) the actual number of days in such Monthly Period.

  • Note Interest Rate means a per annum rate equal to 0.06% in excess of LIBOR as determined by the Calculation Agent on the related LIBOR Determination Date with respect to each Interest Period.

  • Unadjusted Reference Interest Rate Replacement means the Reference Interest Rate Replacement excluding the Reference Interest Rate Replacement Adjustment.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Exchange Note Interest Rate has the meaning stated in Section 2.2(a)(vi) of the Exchange Note Supplement.

  • Class A Note Rate means, with respect to each Interest Period, a fixed rate equal to 4.10% per annum with respect to the Class A Notes.

  • Collateral Floating Percentage means, with respect to any Distribution Date, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Collateral Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is the Adjusted Invested Amount as of the close of business on such last day; provided, however, that with respect to the first Monthly Period, the Collateral Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Applicable Interest Rate Margin means (a) as to any Base Rate Advance, the applicable rate per annum set forth below under the caption “Base Rate Spread” and (b) as to any LIBO Rate Advance, the applicable rate per annum set forth below under the caption “LIBO Rate Spread”, determined by reference to the higher of (i) the rating of Mondelēz’s long-term senior unsecured Debt from Standard & Poor’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Standard & Poor’s for Mondelēz) and (ii) the rating of Mondelēz’s long-term senior unsecured Debt from Moody’s (or, if there shall be no outstanding rated long-term senior unsecured Debt of Mondelēz, the long-term company, issuer or similar rating established by Moody’s for Mondelēz), in each case on such date: A or higher by Standard & Poor’s A2 or higher by Moody’s 0.000 % 0.835 % A- by Standard & Poor’s A3 by Moody’s 0.000 % 0.940 % BBB+ by Standard & Poor’s Baa1 by Moody’s 0.045 % 1.045 % BBB by Standard & Poor’s Baa2 by Moody’s 0.150 % 1.150 % Lower than BBB by Standard & Poor’s Lower than Baa2 by Moody’s 0.250 % 1.250 % provided that if on any date of determination (x) a rating is available on such date from only one of Standard & Poor’s and Moody’s but not the other, the Applicable Interest Rate Margin shall be determined by reference to the then available rating; (y) no rating is available from either of Standard & Poor’s or Moody’s, the Applicable Interest Rate Margin shall be determined by reference to the rating of any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders and (z) no rating is available from any of Standard & Poor’s, Moody’s or any other nationally recognized statistical rating organization designated by Mondelēz and approved in writing by the Required Lenders, the Applicable Interest Rate Margin shall be 0.250% as to any Base Rate Advance and 1.250% as to any LIBO Rate Advance.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period: