Examples of Early Termination Amounts in a sentence
CDA has the option to terminate a portion of this interest rate swap transaction without any termination payment up to the Maximum Optional Early Termination Amounts on each March 1 and September 1 until September 1, 2017.
If the option is exercised in part, the applicable notional amounts shall be reduced pro rata.(4) CDA has the option to terminate a portion of this interest rate swap transaction without any termination payment up to the Maximum Optional Early Termination Amounts on each March 1 and September 1 until September 1, 2017.
In relation to (i), (ii) and (iii), certain definitions in the preamble to the ISDA Master Agreement and in Section 14 are used in these provisions, and other provisions of the ISDA Master Agreement are also relevant for certain purposes, for example, Section 9(h)(ii) of the 2002 Agreement, which governs interest accruing on Unpaid Amounts and on Early Termination Amounts from the Early Termination Date until the date of payment.
The parties hereby agree that interest shall neither accrue on nor be payable in respect of any Early Termination Amount payable under this Agreement and Section 9(h)(ii)(2) ( Interest on Early Termination Amounts) of the 2002 ISDA Master Agreement shall not apply.
NOTE 8 INTEREST RATE EXCHANGE AGREEMENTS (SWAPS) (CONTINUED) As of June 30, 2017, the terms, including fair values of the outstanding swaps, were: Notes to 2017 Table(1) “LIBOR” means the one-month London Interbank Offered Rate.(2) CDA has the option to terminate a portion of this interest rate swap transaction without any termination payment up to the Maximum Optional Early Termination Amounts on each March 1 and September 1 until September 1, 2017.
Following the security being enforced in respect of the Instruments, the Instruments shall be redeemed as described in section 3(e) above.The Early Termination Amounts payable on early redemption of the Instruments may be lower than the outstanding nominal amount of the Instruments that are being redeemed and may be zero.The Series Assets will be the only assets of the Issuer available to meet the claims of the Instrumentholders.
Upon the occurrence of an EOD, FMDQ shall issue a market notice designating an Early Termination Date for the relevant open contracts of the defaulting DMB, upon which the Early Termination Amounts shall be determined.
Upon the occurrence of an Event of Default, the Exchange shall issue a market notice designating an Early Termination Date for the relevant agreement of the defaulting, upon which the Early Termination Amounts shall be determined.
Upon the declaration of an Event of Default by the Exchange, the defaulting DMB’s open contracts in OTC FX Futures executed with Transaction Counterparties shall be closed out and terminated, after which all Early Termination Amounts due to/from relevant Transaction Counterparties (i.e. other DMBs and the CBN) shall be determined and debited/credited to the defaulting DMB’s CBN operating account by the Clearing Agent.
Upon the declaration of an Event of Default by FMDQ Exchange, the defaulting DMB’s open contracts in OTC FX Futures executed with Transaction Counterparties shall be closed out and terminated, after which all Early Termination Amounts due to/from relevant Transaction Counterparties (i.e. other DMBs and the CBN) shall be determined and debited/credited to the defaulting DMB’s CBN operating account by the Clearing House.