Swap Notional Amount definition
Examples of Swap Notional Amount in a sentence
The Outstanding Total Return Swap Notional Amount shall never be less than zero.
Fixed Rate Payer Calculation Amount: For any Fixed Rate Payer Calculation Period, an amount determined by the Calculation Agent equal to (a) the sum of the Outstanding Swap Notional Amount as at 5 p.m. in the Calculation Agent City on each day in such Fixed Rate Payer Calculation Period, divided by (b) the actual number of days in such Fixed Rate Payer Calculation Period.
At any time, the Protected Amount plus the Funding Swap Notional Amount.
For each Swap Transaction, the Swap Notional Amount in respect of any Swap Calculation Period is determined as at the relevant Observation Date.
With respect to each Swap Payment Date, an amount, payable by, or on behalf of, the Swap Counterparty, equal to the accrued interest or other payment obligation calculated with reference to the Swap Notional Amount for the immediately preceding Swap Rate Accrual Period at the Swap Rate.