Calculation Date definition

Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Calculation Date means each day on which the Underlying is traded on the Relevant Exchange.

Calculation Date has the meaning assigned thereto in the definition of Applicable Margin.

Examples of Calculation Date in a sentence

• In the case of a credit balance of the Current Account on a Calculation Date, as stated in the Current Account statement communicated in accordance with the provisions of Article 5.3.1, the Purchaser shall pay to the Centralising Unit's Account in immediately available funds an amount equal to such credit balance on the Funded Settlement Date or on the Intermediary Settlement Date in relation to which the Current Account statement has been drawn up, in accordance with the provisions of Article 15.5.

• On the first Settlement Date following the 2008 Amendment Date, the Subordinated Depositor shall make a Subordinated Deposit in Euro with the Purchaser and on each following Settlement Date during the Replenishment Period, the amount of the Subordinated Deposit shall be increased or decreased in accordance with the calculations made by the Agent on each Calculation Date in accordance with the provisions of schedules 1 and 2 of the Master Subordinated Deposit Agreement.

• On each Calculation Date, the Agent shall calculate the balance of the Current Account, in accordance with the provisions of Article 10.3.1, on the basis of information it has received pursuant to such Article 10.3.1, and shall forthwith provide the Centralising Unit and the Purchaser with such calculation.

• The Parties hereby agree that all entries on the Current Account are calculated, for any Settlement Date during the Replenishment Period, on the Calculation Date preceding such Settlement Date, and that, once entered in the Current Account, such entries shall constitute payments for the purposes of the Transaction Documents.

• In the case of a debit balance of the Current Account on a Calculation Date, as stated in the Current Account statement communicated in accordance with the provisions of Article 5.3.1, the Centralising Unit shall pay to the Purchaser's Account in immediately available funds an amount equal to such debit balance, on the Funded Settlement Date or on the Intermediary Settlement Date in relation to which the Current Account statement is drawn up, in accordance with the provisions of Article 15.5.

More Definitions of Calculation Date

Calculation Date means the last Business Day of each calendar month.

Calculation Date means each day on which the Reference Price is published by the Relevant Exchange.

Calculation Date has the meaning set forth in the definition of “Fixed Charge Coverage Ratio.”

Calculation Date means each day on which the Reference Price is published by the Reference Market.

Calculation Date means the third Business Day (as defined in Condition 5(b)(i)) prior to the Make-whole Redemption Date;

Calculation Date means each day on which the Reference Pricei is published by the respective Relevant Exchangei.

Calculation Date means the close of business on the last day of each Collection Period.