Price Alignment Amount Rate definition

Price Alignment Amount Rate means the applicable interest rate prevailing on that Cash Payment Day, as mentioned in the files and reports available to the Clearing Member. 2.20 CREDIT QUALITY MARGIN LCH SA may require a Clearing member to provide Credit Quality Margin when LCH SA determines that the credit quality of such Clearing Member has deteriorated, depending on the internal credit score that LCH SA attributes to the relevant Clearing Member: (i) following monitoring carried out in accordance with Article 2.3.2.1 of the CDS Clearing Rule Book; and/or(ii) in the circumstances set out in Article 4.2.1.2 of the CDS Clearing Rule Book. On each Business Day, Credit Quality Margin will be equal to the higher of the amounts calculated as follows:
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Price Alignment Amount Rate means the applicable rate that is specified and published by the Clearing House in accordance with the Procedures. REGULATION 57B – TRANSITIONAL PROVISIONS APPLICABLE TO SWAPCLEAR STM CONTRACTS
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Price Alignment Amount Rate means, in respect of a ForexClear STM Contract, the applicable rate that is specified and published by the Clearing House in accordance with the Procedures. Listed Interest Rates RegulationsApplication of Listed Interest Rates RegulationsGeneralThe Clearing House shall provide the Listed Interest Rates Service subject to and in accordance with the terms of these Listed Interest Rates Regulations and the Procedures.Listed Interest Rates Clearing Members shall be bound by these Listed Interest Rates Regulations. Applications to become a Listed Interest Rates Clearing Member shall be made in accordance with Regulation 107(d) and (e). Other than as expressly specified in this Regulation 107, the remainder of the Regulations shall not apply to the Listed Interest Rates Clearing Service. A summary table of those Regulations which apply to the Listed Interest Rates Clearing Service as described in Regulation 107(a) to Regulation 107(u) is provided at Regulation 107(v).Regulations Regulation 2 and Regulation 3 of the Regulations apply to the Listed Interest Rates Clearing Service.Listed Interest Rates Clearing MembershipA Clearing Member may apply to become a Listed Interest Rates Clearing Member in accordance with the Procedures.Regulation 4 applies to Listed Interest Rates Service and applications for such membership.Regulation 5 applies to a Listed Interest Rates Clearing Member. In the event of any inconsistency between a Rates Exchange Rule and the Listed Interest Rates Regulations, the Listed Interest Rates Regulations shall prevail.AccountsRegulation 10 applies to the opening and operation of accounts with respect to a Listed Interest Rates Clearing Member. Such accounts shall be designated in accordance with Regulation 15.
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Examples of Price Alignment Amount Rate in a sentence

  • In a negative interest rate environment where the applicable Price Alignment Amount Rate is negative, the Clearing House will, for a SCM, either (i) pay a Price Alignment Amount if that SCM has, on a cumulative net basis, received NPV Payments from the Clearing House, or (ii) charge a Price Alignment Amount if that SCM has, on a cumulative net basis, paid NPV Payments to the Clearing House.

  • Accrual Factor (factor used to convert the Price Alignment Amount Rate from an annual rate to a daily rate, on a basis of a year of 360 days).

  • At about 21:53, CCTV cameras captured the appellant walking very briskly west on Angle Street and turning left in a southerly direction on to Court Street.

  • Price Alignment Amount T = Price Alignment Amount T Rate x CVS T--1 x Accrual Factor.The Clearing House uses the Price Alignment Amount Rate from the relevant EOD overnight index swap curves, which is sourced from the Clearing House.

  • The Clearing House uses the Price Alignment Amount Rate from the relevant EOD overnight index swap curves, which is sourced from the Clearing House.

  • The change to the name of the Section 2 of the Procedures to add a reference to “NPV Payment” needs to be reflected in the summary and in the first paragraph of page 1.The definition of "Price Alignment Amount Rate" under paragraph 2.17 is also modified and aligned.


More Definitions of Price Alignment Amount Rate

Price Alignment Amount Rate means the applicable rate that is specified and published by the Clearing House in accordance with the Procedures.
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Price Alignment Amount Rate means the applicable rate that is specified and published by the Clearing House in accordance with the Procedures.The applicable rate for, and the net present value of, a SwapClear Contract
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Price Alignment Amount Rate means the applicable interest rate prevailing on that Cash Payment Day, as published by LCH SA on the Website mentioned in the files and reports available to the Clearing Member.
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Related to Price Alignment Amount Rate

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • 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.

  • 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;

  • Discount Rate means the rate used by the Plan Administrator for determining the Accrual Balance. The initial Discount Rate is six percent (6%). However, the Plan Administrator, in its discretion, may adjust the Discount Rate to maintain the rate within reasonable standards according to GAAP and/or applicable bank regulatory guidance.

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

  • Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Assignment Amount with respect to a Bank Investor shall mean at any time an amount equal to the lesser of (i) such Bank Investor's Pro Rata Share of the Net Investment at such time and (ii) such Bank Investor's unused Commitment.

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

  • BA Discount Rate means:

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class A( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class A( - ) Adverse Event, the Nominal Liquidation Amount of the Class A( - ) Notes, and (iii) in all other circumstances, zero.

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Payment Amount as defined in Section 3.5.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

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

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • 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;