Examples of Daycount Fraction in a sentence
If interest is required to be calculated in respect of a period of less than a full Interest Period (the "Relevant Period"), it shall be calculated as an amount equal to the product of: (a) the applicable Interest Rate; (b) the Prevailing Principal Amount of the relevant Capital Security then outstanding; and (c) the applicable Day-count Fraction for the Relevant Period, rounding the resultant figure to the nearest cent (half a cent being rounded upwards).
If a Periodic Distribution Amount is required to be calculated in respect of a period of less than a full Periodic Distribution Period (the Relevant Period), it shall be calculated as an amount equal to the product of: (a) the applicable Profit Rate; (b) the face amount of the relevant Certificates; and (c) the applicable Day-count Fraction for the Relevant Period, rounding the resultant figure to the nearest cent (half a cent being rounded upwards).
If interest is required to be calculated in respect of a period of less than a full Interest Period (the "Relevant Period"), it shall be calculated as an amount equal to the product of: (a) the applicable Interest Rate; (b) the face amount of the relevant Capital Security; and (c) the applicable Day-count Fraction for the Relevant Period, rounding the resultant figure to the nearest cent (half a cent being rounded upwards).
If a Periodic Distribution Amount is required to be calculated in respect of a period of less than a full Periodic Distribution Period (the "Relevant Period"), it shall be calculated as an amount equal to the product of: (a) the applicable Profit Rate; (b) the face amount of the relevant Certificates; and (c) the applicable Day-count Fraction for the Relevant Period, rounding the resultant figure to the nearest cent (half a cent being rounded upwards).
When the Reset Index is greater than the CAP Strike Rate the payment will equal: The Notional Amount multiplied by a) the excess of i) MIN (the Reset Index, Upper Strike) minus ii) the CAP Strike Rate and multiplied by b) the Daycount Fraction.
If a Periodic Distribution Amount is required to be calculated in respect of a period of less than a full Periodic Distribution Period and other than the first Periodic Distribution Period (the “Relevant Period”), it shall be calculated as an amount equal to the product of: (a) the applicable Profit Rate; (b) the face amount of the relevant Certificate; and (c) the applicable Day-count Fraction for the Relevant Period, rounding the resultant figure to the nearest cent (half a cent being rounded upwards).
If interest is required to be calculated in respect of a period of less than a full Interest Period (the Relevant Period), it shall be calculated as an amount equal to the product of: (a) the applicable Interest Rate; (b) the outstanding principal amount of the relevant Capital Security; and (c) the applicable Day-count Fraction for the Relevant Period, rounding the resultant figure to the nearest cent (half a cent being rounded upwards).
Cusip/Isin Beginning Balance $ Index Spread/Fixed Rate Record Date (Days Prior to Distribution) Accrual Period Begin Accrual Period End Daycount Fraction Interest Rate* Accrued Interest Factor Current Interest Due $ Interest Shortfall from Prior Period Plus Accrued Interest Total Interest Due $ Interest Paid $ Interest Shortfall Principal Paid $ Ending Principal Balance $ Paydown Factor Ending Balance Factor * Pay rates for Current Distribution.
After the applicant has spoken those who wish to speak in favor will have a chance to be heard.
If interest is required to be calculated in respect of a period of less than a full Interest Period (the "Relevant Period"), it shall be calculated as an amount equal to the product of: (a) the applicable Interest Rate; (b) the outstanding principal amount of the relevant Capital Security; and (c) the applicable Day-count Fraction for the Relevant Period, rounding the resultant figure to the nearest cent (half a cent being rounded upwards).