Effective Notional Amount definition

Effective Notional Amount. With respect to each Distribution Date and each Yield Maintenance Agreement, the notional amount set forth in such Yield Maintenance Agreement multiplied by a scale factor of 100.
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Effective Notional Amount means an amount is obtained by adjusting the notional amount to reflect the true exposure of contracts that are leveraged or otherwise enhanced by the structure of the transaction.
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Effective Notional Amount means the actual notional amount of derivative transactions derived from adjusting notional amount of derivative transactions to reflect the true exposure of the derivative transactions in which the notional amounts are leveraged or are structured to create additional return to counterparties. For example, a derivative transaction with notional amount of 1,000,000 Baht, but is to receive a return from the counterparty equal to the notional amount multiplied by two times of the LIBOR.
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Related to Effective Notional Amount

  • Class A-X Notional Amount With respect to any Distribution Date, an amount equal to the aggregate Scheduled Principal Balance of the Non-Discount Mortgage Loans.

  • Aggregate Notional Amount means, with respect to any date of determination, an amount equal to the sum of the notional amounts or equivalent amounts of all outstanding Hedging Agreements, Replacement Hedging Agreements and Qualified Substitute Arrangements, each as of such date of determination.

  • Swap Notional Amount With respect to any Distribution Date is the amount set forth on Schedule II attached hereto with respect to such Distribution Date.

  • Class Notional Amount Not applicable.

  • Initial Notional Amount With respect to any Class or Subclass of Interest Only Certificates, the amount initially used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.