Examples of Initial Payment Amount in a sentence
In such event, no corresponding Initial Payment Amount or Fixed Amount shall be payable in respect of such Cleared Transactions.
The "Initial Payment Amount", other than in relation to CDS Contracts arising pursuant to the Clearing of CDS Trade Particulars in respect of Bilateral CDS Transactions already recorded in Deriv/SERV.
If any Initial Payment Amount or Fixed Amount is due and payable under the terms of an Original Transaction on or before the Clearing Day on which the related Cleared Transactions are created by novation pursuant to Title III ( Clearing Operations) of the CDS Clearing Rule Book, such amount shall be payable under and in accordance with the terms of such Original Transaction.
On the Issue Date, the Issuer will pay the Performance Counterparty the Initial Payment Amount.
Initial Payment: If an Initial Payment Payer and an Initial Payment Amount are specified below, on the date that is three Business Days following the Trade Date, the Initial Payment Payer shall pay to the other party an amount equal to the Initial Payment Amount.