Fitch Credit Support Amount definition

Fitch Credit Support Amount means, for any Valuation Date, the excess, if any, of:
Fitch Credit Support Amount means with respect to a Transferor on a Valuation Date:
Fitch Credit Support Amount means, (A) for any Valuation Date where the Threshold in respect of Party A is zero (x) on which a Fitch Collateralization Event has occurred and been continuing for at least 30 calendar days or (y) on which a Fitch Ratings Event has occurred and is continuing, an amount equal to the sum of (1) the aggregate Secured Party’s Exposure for such Valuation Date with respect to all Transactions and (2) the aggregate of the products of the Volatility Buffer for each Transaction and the Notional Amount of each Transaction for the Calculation Period of each such Transaction which includes such Valuation Date; or (B) for any other Valuation Date, zero.

Examples of Fitch Credit Support Amount in a sentence

  • Paragraph 3(b) shall be amended by inserting the words “, Xxxxx’x Credit Support Amount, Fitch Credit Support Amount and S&P Credit Support Amount” after the word “Value”.

  • Paragraph 3(b) shall be amended by inserting the words ", Fitch Credit Support Amount" after the word "Value".

  • For purposes of calculating any Delivery Amount or Return Amount pursuant to Paragraphs 13(b)(i)(A) or 13(b)(i)(B) above for any Valuation Date, reference shall be made to the S&P Credit Support Amount, the Fitch Credit Support Amount, the Moody's First Trigger Credit Support Amount, or the Moody's Second Trigger Credit Support Amount, in each case for such Valuation Date.

  • For the purposes of calculating ''VC'' and ''N'' in respect of the Fitch Credit Support Amount, the portion of the Transaction(s) relating to Variable Rate Loans, the GIC Account and Substitution Assets will be disregarded for all purposes.

  • Paragraph 3(b) shall be amended by inserting the words ", Moody’s Credit Support Amount, and Fitch Credit Support Amount" after the word "Value".


More Definitions of Fitch Credit Support Amount

Fitch Credit Support Amount means, for any date, the excess, if any, of:
Fitch Credit Support Amount means, with respect to a Fitch Approved Ratings Downgrade relating to an action taken by Fitch that has been continuing for at least thirty (30) days, an amount in USD equal to the sum of (a) Party B’s Exposure and (b) the Fitch Volatility Cushion. Fitch Volatility Cushion, as determined by the Valuation Agent for any date, means the Notional Amount of the Transaction on such date multiplied by the percentage for such date as set out in the table below on such date.
Fitch Credit Support Amount means with respect to Party A, so long as Fitch rates the Notes, the excess, if any, of
Fitch Credit Support Amount means, for any Valuation Date: [to come]
Fitch Credit Support Amount means with respect to Party A on a Valuation Date:
Fitch Credit Support Amount means an amount in USD equal to Secured Party’s Exposure.
Fitch Credit Support Amount means with respect to a Party A Rating Downgrade relating to an action taken by Fitch that has been continuing for at least thirty (30) days, the “Fitch Credit Support Amount” shall mean an amount in USD equal to the sum of (a) Party B’s Exposure and (b) the Notional Volatility Buffer. Notional Volatility Buffer, as determined by the Valuation Agent for any date, means the Notional Amount of the Transaction on such date multiplied by the Volatility Buffer Percentage for such date as set out in the table below on such date. Fitch Volatility Buffer: Remaining Weighted Average Maturity Fitch rating of Notes (years) At least “AA-” 0.8 % 1.7 % 2.5 % 3.3 % 4.0 % 4.7 % 5.3 % 5.9 % “A+/A” 0.6 % 1.2 % 1.8 % 2.3 % 2.8 % 3.3 % 3.8 % 4.2 % “A-/BBB+” or lower 0.5 % 1.0 % 1.6 % 2.0 % 2.5 % 2.9 % 3.3 % 3.6 % Remaining Weighted Average Maturity Fitch rating of Notes (years) Greater than or At least “AA-” 6.5 % 7.0 % 7.5 % 8.0 % 8.5 % 9.0 % 9.5 % “A+/A” 4.6 % 5.0 % 5.3 % 5.7 % 6.0 % 6.4 % 6.7 % “A-/BBB+” or lower 4.0 % 4.3 % 4.7 % 5.0 % 5.3 % 5.6 % 5.9 %