Actual/360 means the actual number of days in the relevant period divided by 360; “Additional Amounts” has the meaning given in Condition 10.1 (Taxation - Gross up);
More Definitions of Actual/360
Actual/360 means that interest is calculated on the basis of the actual number of days elapsed in a year of 360 days.
Actual/360 means a computation of interest accrual on the basis of a three hundred sixty
Actual/360 means the actual number of days in the Interest Period or the Relevant Period, as the case may be, to (but excluding) the relevant payment date, divided by 360,
Actual/360 means, with respect to any period, the actual number of days in such period to (but excluding) the relevant payment date, divided by 360;
Actual/360 means, in relation to a calculation of a Floating Amount, the actual number of days (including the first and excluding the last) in the Calculation Period ending on the Notional Payment Date on which such Floating Amount is notionally payable divided by 360;
Actual/360 means the actual number of days in the period from (and including) d1 to (but excluding) d2 (in each case, for the relevant Index Business Day) divided by 360.ANNEX 4: DEUTSCHE BANK FRB INDICES DB FORWARD RATE BIAS USD INDEX This document constitutes the Index Supplement relating to the Index described herein. Terms used herein shall be deemed to be defined as such for the purposes of the Description of the Deutsche Bank FRB and Deutsche Bank FRB Basket Indices – DBFRB/ DBFRB Basket (the “Description”). This Index Supplement is supplemental to and must be read in conjunction with the Description.