Adjusted Notional Amount definition

Adjusted Notional Amount means an amount equal to the Initial Notional Amount minus the Cash Settlement Amount.
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Adjusted Notional Amount means an amount equal to the greater of (a) zero and (b)(i) the Initial Notional Amount minus (ii) the Auction Settlement Amount or Cash Settlement Amount, as applicable, minus (c) the Extension Calculation Period Amount (to the extent applicable and if any) minus (d) Costs.
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Adjusted Notional Amount means an amount equal to the greater of (a) zero and (b)(i) the Initial Notional Amount (or in respect of a Restructuring Partial Exercise, where the Exercise Amount specified in the Credit Event Notice is less than the Fixed Rate Calculation Amount, such Exercise Amount) minus (ii) the Auction Settlement Amount or Cash Settlement Amount, as applicable, minus (c) the Extension Calculation Period Amount (to the extent applicable and if any) minus (d) Costs.
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Examples of Adjusted Notional Amount in a sentence

  • Settlement Terms: Terms Relating to Cash Settlement: Settlement Method: For purposes of the Credit Derivatives Definitions, Cash Settlement shall apply, provided however that Section 7.1 of the Credit Derivatives Definitions shall not apply and in lieu of the payment of any Cash Settlement Amount, the Adjusted Notional Amount (as defined below) will be determined upon the determination of the Cash Settlement Amount and the settlement procedure set out in “Credit Event Settlement” below shall apply.

  • Accordingly, there may be multiple Cash Settlement Dates and multiple adjustments of the Adjusted Notional Amount under this Confirmation.

  • Fallback Settlement Method:Cash Settlement, provided however that Section 7.1 of the Credit Derivatives Definitions shall be amended (i) by the deletion of the words “Seller shall, subject to Section 5.1, pay to Buyer” and the insertion of the words “Buyer shall, subject to Section 5.1, pay to Seller” in the penultimate line thereof; and (ii) in lieu of the payment of any Cash Settlement Amount, the Buyer shall instead pay to the Seller an amount equal to the Adjusted Notional Amount.

  • If on the Scheduled Termination Date Buyer determines that an Adjusted Notional Amount may become due after the Scheduled Termination Date, then Buyer shall make the Final Payment required under clause (i) of the definition thereof on the Scheduled Termination Date if and only if Seller transfers (or causes to be transferred) to Buyer, under the Credit Support Annex, Equivalent Credit Support with a Value equal to such Final Payment on a delivery versus payment basis.

  • If on the Scheduled Termination Date Buyer determines that no Adjusted Notional Amount will become due after the Scheduled Termination Date, then Buyer shall make the Final Payment required under clause (i) of the definition thereof on the Scheduled Termination Date if and only if Seller transfers (or causes to be transferred) to Buyer, under the Credit Support Annex, Equivalent Credit Support with respect to all items comprising the Credit Support Balance on a delivery versus payment basis.

  • Redemption Amount and Adjusted Notional Amount If no Credit Event occurs in respect of the Reference Entity, the Redemption Amount to be paid at the Redemption Date will equal the Principal Amount of the Notes.

  • The Adjusted Notional Amount might be received by the investors prior to the planned Redemption Date (“Ordinary Redemption Date”).

  • For the avoidance of doubt, for the purposes of determining the Adjusted Notional Amount in respect of (A) and (B) above, the Loss Adjustment Amount in respect of such Cash Settlement Date shall be deemed to be zero.

  • The Adjusted Notional Amount is calculated by multiplying the Principal Amount of the Notes with the Recovery Rate minus any Excess Interest.

  • If on any day the Principal Amount is reduced to zero and an Adjusted Notional Amount then is due or remains to be determined, then, upon payment of such Adjusted Notional Amount or reduction of such Adjusted Notional Amount (without repayment), all claims in respect of the Notes shall be extinguished for all purposes.


More Definitions of Adjusted Notional Amount

Adjusted Notional Amount means an amount equal to (a) the Initial Notional Amount minus (b) the Cash Settlement Amount minus (c) any Custodian Charge levied during the Extension Calculation Period (if any) minus (d) any AV Negative Interest Amount that Seller has transferred to Buyer pursuant to the Credit Support Annex during the Extension Calculation Period (if any) plus (e) any AV Negative Interest Amount that Buyer has transferred to Seller pursuant to the Credit Support Annex during the Extension Calculation Period (if any).
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Adjusted Notional Amount means, with respect to a Transaction, the product of the Transaction Notional Amount and the Applicable Multiplier;
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Adjusted Notional Amount means an amount equal to the greater of (i) zero and (ii)(A) the Initial Notional Amount (or, in the case of a Restructuring Partial Exercise, the relevant Exercise Amount) minus (B) the Auction Settlement Amount or Cash Settlement Amount, as applicable, minus (C) ASW Unwind Costs (as defined in the Asset Swap Confirmation)minus (D) CDS Unwind Costs.
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Related to Adjusted Notional Amount

  • Initial Notional Amount With respect to any Class or Subclass of Interest Only Certificates, the amount initially used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Swap Notional Amount With respect to any Distribution Date is the amount set forth on Schedule II attached hereto with respect to such Distribution Date.

  • Class Notional Amount Not applicable.

  • Notional Amount With respect to any Class or Subclass of Interest Only Certificates, an amount used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Class X Notional Amount As of any date of determination, the sum of the then Component Notional Amounts of all the Components.

  • Adjusted Nominal Amount means the Total Nominal Amount less the Nominal Amount of all Bonds owned by a Group Company or an Affiliate, irrespective of whether such person is directly registered as owner of such Bonds.

  • Original Notional Amount With respect to the Class X-1 Notional Amount and Class X-2 Notional Amount, the initial Notional Amount thereof as of the Closing Date, as specified in the Preliminary Statement.

  • Transaction Notional Amount means (A) in respect of any Transaction that is a cross currency hedge, the Base Currency Equivalent of the Currency Amount applicable to Party A’s payment obligations and (B) in respect of any other Transaction, the Base Currency Equivalent of the Notional Amount.

  • Component Notional Amount Not applicable.

  • Uncertificated Notional Amount With respect to REMIC 2 Regular Interest Swap IO and each Distribution Date listed below, the aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests ending with the designation “A” listed below: Distribution Date REMIC I Regular Interests 3 I-2-A through I-59-A and II-2-A through II-59-A 4 I-3-A through I-59-A and II-3-A through II-59-A 5 I-4-A through I-59-A and II-4-A through II-59-A 6 I-5-A through I-59-A and II-5-A through II-59-A 7 I-6-A through I-59-A and II-6-A through II-59-A 8 I-7-A through I-59-A and II-7-A through II-59-A 9 I-8-A through I-59-A and II-8-A through II-59-A 10 I-9-A through I-59-A and II-9-A through II-59-A 11 I-10-A through I-59-A and II-10-A through II-59-A 12 I-11-A through I-59-A and II-11-A through II-59-A 13 I-12-A through I-59-A and II-12-A through II-59-A 14 I-13-A through I-59-A and II-13-A through II-59-A 15 I-14-A through I-59-A and II-14-A through II-59-A 19 I-18-A through I-59-A and II-18-A through II-59-A 20 I-19-A through I-59-A and II-19-A through II-59-A 22 I-21-A through I-59-A and II-21-A through II-59-A 24 I-23-A through I-59-A and II-23-A through II-59-A 25 I-24-A through I-59-A and II-24-A through II-59-A 26 I-25-A through I-59-A and II-25-A through II-59-A 27 I-26-A through I-59-A and II-26-A through II-59-A 28 I-27-A through I-59-A and II-27-A through II-59-A 29 I-28-A through I-59-A and II-28-A through II-59-A 30 I-29-A through I-59-A and II-29-A through II-59-A 33 I-32-A through I-59-A and II-32-A through II-59-A 34 I-33-A through I-59-A and II-33-A through II-59-A 35 I-34-A through I-59-A and II-34-A through II-59-A 36 I-35-A through I-59-A and II-35-A through II-59-A 38 I-37-A through I-59-A and II-37-A through II-59-A 39 I-38-A through I-59-A and II-38-A through II-59-A 40 I-39-A through I-59-A and II-39-A through II-59-A 41 I-40-A through I-59-A and II-40-A through II-59-A 42 I-41-A through I-59-A and II-41-A through II-59-A 43 I-42-A through I-59-A and II-42-A through II-59-A 44 I-43-A through I-59-A and II-43-A through II-59-A 45 I-44-A through I-59-A and II-44-A through II-59-A 48 I-47-A through I-59-A and II-47-A through II-59-A 49 I-48-A through I-59-A and II-48-A through II-59-A 50 I-49-A through I-59-A and II-49-A through II-59-A 51 I-50-A through I-59-A and II-50-A through II-59-A 52 I-51-A through I-59-A and II-51-A through II-59-A 53 I-52-A through I-59-A and II-52-A through II-59-A 54 I-53-A through I-59-A and II-53-A through II-59-A 55 I-54-A through I-59-A and II-54-A through II-59-A 56 I-55-A through I-59-A and II-59-A through II-59-A 57 I-56-A through I-59-A and II-56-A through II-59-A 58 I-57-A through I-59-A and II-57-A through II-59-A 59 I-58-A through I-59-A and II-58-A through II-59-A 60 I-59-A and II-59-A thereafter $0.00

  • Preliminary Class Notional Amount With respect to each Reference Tranche, the amount which is equal to the Class Notional Amount of such Reference Tranche immediately prior to such Payment Date, after the application of the Preliminary Tranche Write-down Amount in accordance with the same priorities set forth in Section 3.03(b) hereof, and after the application of the Preliminary Tranche Write-up Amount in accordance with the same priorities set forth in the Section 3.03(c) hereof.

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

  • Initial Amount means, with respect to the Proposition 1A Receivable, the amount of property tax revenue reallocated away from the Seller pursuant to the provisions of Section 100.06 of the Revenue and Taxation Code, as certified by the County Auditor pursuant to the Act.

  • Certificate Notional Amount With respect to any Interest Only Certificate, as of any date of determination, the then notional principal amount on which such Certificate accrues interest, equal to the product of (a) the then Certificate Factor for the Class of Interest Only Certificates to which such Certificate belongs, multiplied by (b) the amount specified on the face of such Certificate as the initial Certificate Notional Amount thereof.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Aggregate Nominal Amount means the aggregate nominal amount of the Securities set out in the relevant Final Terms.

  • Accrual Amount With respect to any Class of Accrual Certificates and any Distribution Date prior to the Accrual Termination Date, the amount allocable to interest on such Class of Accrual Certificates with respect to such Distribution Date pursuant to Section 4.02(a)(ii).

  • Notional Amount Certificates As specified in the Preliminary Statement.

  • Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).

  • Total Nominal Amount means the total aggregate Nominal Amount of the Bonds outstanding at the relevant time.