Examples of Transaction Termination Amount in a sentence
Upon receiving a TTA Payment Receipt Notice, for the purposes of determining the Net Portfolio, the Calculation Agent will deem the Transaction Termination Amount to be nil.
As soon as practicable following determination of the Mandatory Redemption Amount and the Transaction Termination Amount, the Calculation Agent will deliver a TTA Notice.
Within the TTA Exercise Period a 100% Noteholder may, by (1) delivering to the Principal Paying Agent a TTA Option Notice and (2) paying the TTA Payment into the TTA Account, satisfy such Transaction Termination Amount on the Issuer’s behalf.
On the Termination Date or as soon as reasonably practicable thereafter, the Performing Party shall provide the Defaulting Party with a statement showing, in reasonable detail, the calculation of the Specified Transaction Termination Amount.
If:(MV Charged Assets - Swap Transaction Termination Amount) ≤ outstanding Aggregate Principal Amount;then the Deliverable Obligations Amount shall be an amount in USD equal to: (MV Charged Assets – Reference CDS Settlement Amount - Swap Transaction Termination Amount)/ Relevant Final Price.
Auction Settlement Amount: The Auction Settlement Amount shall be calculated pursuant to Section 12.4 of the Credit Derivatives Definitions provided that the Auction Settlement Amount shall not exceed an amount equal to (i) the MV Charged Assets (ii) plus the absolute value of the Swap Transaction Termination Amount (if a negative number) or minus the absolute value of the Swap Transaction Termination Amount (if a positive number).
Cash Settlement Amount: The Cash Settlement Amount shall be calculated pursuant to Section 7.3 of the Credit Derivatives Definitions provided that the Cash Settlement Amount shall not exceed an amount equal to (i) the MV Charged Assets (ii) plus the absolute value of the Swap Transaction Termination Amount (if a negative number) or minus the absolute value of the Swap Transaction Termination Amount (if a positive number).
Amount, in respect of which the “Net Portfolio” shall mean “those Affected Assets remaining following liquidation by the Disposal Agent in such manner as it considers appropriate of sufficient Affected Assets to satisfy any outstanding Transaction Termination Amount payable by the Issuer as at the Mandatory Redemption Date (or, in the case of an exercise of the Noteholder Put Option, the relevant portion thereof)”.