Common use of Computation Date Clause in Contracts

Computation Date. A “Computation Date” is a five bond year period no longer than five years after the issue date. Subsequent Computation Dates will be for a period not later then 5 years after the previous Computation Date and at final maturity of the issue.

Appears in 2 contracts

Sources: Agreement for Arbitrage Rebate Compliance Services, Arbitrage Rebate Compliance Services Agreement