Day Count means, in respect of an Interest Rate Period, the number of days in such Interest Rate Period divided by 360.
Day Count means the method used to calculate the yield on the transaction, and if not otherwise stated will be actual/365. The parties agree and acknowledge that the Transaction is not a bank deposit. The moneys received by the Dealer from the Client are paid for the purpose of a repurchase agreement. We understand and agree that the value of the underlying assets which are the subject of the retail repurchase agreement is notional and based on market forces and the pricing mechanisms described and approved or recognized by the Regulator. The value in relation to Securities means as of any date, the price for such Securities on such date obtained using the mechanism prescribed/approved by the Regulator or the method of valuation which has been recognized by the Regulator, from time to time. Details of the Transaction are set forth below: Dealer as Principal: Dealer’s Address: Client’s Name (in Full): Client TRN: Purchase Date/Transaction Date: Currency: Purchase Price: Repurchase Date: Repurchase Price (gross): Repurchase Price (net of withholding tax): Currency Denomination (in which Repurchase Price shall be paid): Coupon Rate: Interest Rate: Margin Percentage: Day Count of Calculation of Yield Rate:
Day Count means a fraction the numerator of which is the number of days in the period from and including the Scheduled Maturity Date to but excluding the Additional Exchange Date or the Credit Suisse Cash Settlement Date, as applicable, and the denominator of which is 360 (the number of days to be calculated on the basis of a year of 360 days with twelve thirty day months). Payment of Final Redemption Amount Under each Credit Default Swap Transaction, on the Reference Business Day immediately preceding the Scheduled Maturity Date of the Class of Notes to which such Credit Default Swap Transaction relates (the “Final Exchange Date”), the Swap Counterparty will pay to the Issuer an amount equal to the then outstanding Class Notional Amount of such Credit Default Swap Transaction multiplied by the Fee Calculation Factor of 94.08% (as at the Scheduled Maturity Date) (the “Final Exchange Amount”). On theScheduled Maturity Date, in respect of each Note of the Class the Issuer will pay an amount equal to (i) its pro rata share of an amount equal to the Final Exchange Amount (if any) plus (ii) the Additional Payout Amount (if any) (together, the “Final Redemption Amount”) to the Noteholder. If the Class Notional Amount of such Credit Default Swap Transaction has been reduced to zero prior to the Scheduled Maturity Date due to the occurrence of any Triggered Credit Event, the Final Exchange Amount may be zero. Extension of the Credit Default Swap Transaction and Payment of Partial Redemption Amount In certain circumstances, the termination date of each Credit Default Swap Transaction may extend beyond its scheduled termination date. Such occurrence may arise, in summary, where any Credit Suisse Cash Settlement Date will fall after the Final Maturity Date or where:
Examples of Day Count in a sentence
In respect of any other period for which interest is required to be calculated, the provisions above shall apply save that the Day Count Fraction shall be for the period for which interest is required to be calculated.
Determination Date(s): [[ ] in each year][Not Applicable]( Only relevant where Day Count Fraction is Actual/Actual (ICMA).
If interest is required to be paid in respect of a Note on any other date, it shall be calculated by applying the Rate of Interest to the Calculation Amount, multiplying the product by the relevant Day Count Fraction and rounding the resulting figure to the nearest cent (half a cent being rounded upwards) and multiplying such rounded figure by a fraction equal to the denomination of such Note divided by the Calculation Amount.
The amount of interest payable in respect of any Note for any period shall be calculated by multiplying the product of the Rate of Interest and the outstanding nominal amount of such Note by the Day Count Fraction, unless an Interest Amount (or a formula for its calculation) is specified in respect of such period, in which case the amount of interest payable in respect of such Note for such period shall equal such Interest Amount (or be calculated in accordance with such formula).
Where such calculation is to be made for a period which is not a whole number of years, the calculation in respect of the period of less than a full year (the "Calculation Period") shall be made on the basis of the Day Count Fraction (as defined in § 3).
More Definitions of Day Count
Day Count means a fraction the numerator of which is the number of days in the period from and including the Scheduled Maturity Date to but excluding the Additional Exchange Date or the Credit Suisse Cash Settlement Date, as applicable, and the denominator of which is 360 (the number of days to be calculated on the basis of a year of 360 days with twelve thirty day months).
Day Count is the number of days in the period commencing on and including April 15, 2001 to but excluding the Termination Date.
Day Count means a fraction the numerator of which is the number of days in the period from and including the Scheduled Maturity Date to but excluding the Additional Repurchase Date or the Issuer Cash Settlement Date, as applicable, and the denominator of which is 360 (the number of days to be calculated on the basis of a year of 360 days with twelve thirty day months). Payment of Final Redemption Amount If no Credit Event has occurred and no Unsettled Credit Event (as defined below) is outstanding as at the Credit Event Observation Period End Date, on the Reference Business Day immediately preceding the Scheduled Maturity Date of the Class of Notes to which such Repo Transaction relates (the “Repurchase Date”):
Day Count means the day count convention applicable to the floating rate index specified for the relevant Transaction.
Day Count means, for all Approved Financings, for any Monthly Period, a fraction (i) the numerator of which is the actual number of days in such Monthly Period and (ii) the denominator of which is 360.
Day Count. The number set forth after such term in the current Schedule A (or supplement thereto), which equals the number of the actual days from and including the Effective Date through and excluding the Reset Date (or, if earlier, the Termination Date) and thereafter from and including such Reset Date to and excluding the succeeding Reset Date (or, if earlier, the Termination Date). Default Rate: [Confidential] Delinquent Receivables: Purchased Receivables with respect to which such Purchased Receivables shall be more than 15 days past due.
Day Count actual days divided by 360 for the specified quarter. This Surplus Note is executed this 9th day of November, 2006, by and between Universal Property & Casualty Insurance Company, (NAIC # 10861), an Insurer authorized to write residential property and casualty insurance in Florida ("Insurer"), and The State Board of Administration of Florida ("Board"), the parties. It is deemed to be in the best interest of the Insurer to increase its Surplus as to policyholders for the purpose of increasing the number of new residential policies covering the risk of hurricanes the Insurer writes in Florida. The Insurer's application for this Surplus Note was received by the Board on June 15, 2006, and the Insurer has, on or before the date of this Surplus Note contributed $25 million in New Capital, as defined below, to its Surplus. For and in consideration of the mutual agreements as set forth, the Insurer hereby makes a contribution to Surplus in New Capital of $25 million and covenants to meet the Minimum Writing Ratio of Net Written Premium to Surplus of at least 2:1 for the term of this Surplus Note.