Cumulative Net Present Value definition
Cumulative Net Present Value means, in respect of a SwapClear STM Contract and a Business Day (as such term is defined in the SwapClear STM Terms relating to that SwapClear STM Contract) falling after the Trade Date, a hypothetical value, determined by the Clearing House acting in its sole and absolute discretion, equal to:
Cumulative Net Present Value means, in respect of an STM Cleared Transaction and a Cash Payment Day falling after the Trade Date, a hypothetical value, determined by LCH SA acting in its sole and absolute discretion, equal to:
Examples of Cumulative Net Present Value in a sentence
Cumulative Net Present Value of Earnings for Common" for Purposes of the James River/Wausau Papers Special Contr▇▇▇▇.