Fixed Amount Adjustment Payment means, with respect to any Fixed Rate Payer Calculation Period, an amount equal to (a) the Fixed Amount which would have been payable in respect thereof in accordance with the Fixed Amount Calculation Provisions on the Fixed Rate Payer Payment Date following the relevant Event Determination Date if each Loss Determination Amount relating to each Undetermined Defaulted Reference Obligation had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) minus (b) the Minimum Fixed Amount in respect thereof.

Examples of Fixed Amount Adjustment Payment in a sentence

Deferral Period means with respect to a Fixed Amount Adjustment Payment, the period from and including the first day of the Fixed Rate Payer Calculation Period immediately following the Fixed Rate Payer Calculation Period in which the relevant Event Determination Date falls to but excluding the related Additional Fixed Rate Payer Payment Date.
If an Event Determination Date occurs with respect to a Suspect Reference Entity such Reference Entity shall thereafter be an Undetermined Reference Entity for the purposes of calculating the Fixed Amount Adjustment Payment until the Loss Determination Amount with respect to that Reference Entity is determined.
Accrued Interest Amount means with respect to a Fixed Amount Adjustment Payment and the corresponding Deferral Period, an amount calculated by the Calculation Agent in its sole discretion equal to the product of (a) such Fixed Amount Adjustment Payment, (b) the sum of the Deferral Rates in respect of each day of such Deferred Period divided by 360.
Accrued Interest Amount means with respect to a Fixed Amount Adjustment Payment and the corresponding Deferral Period, an amount calculated by the Calculation Agent in its sole discretion equal to the product of (a) such Fixed Amount Adjustment Payment,(b) the sum of the Deferral Rates in respect of each day of such Deferred Period divided by 360.
Deferral Rate means with respect to any Fixed Amount Adjustment Payment and Deferral Period, EUR-EURIBOR- Telerate with a Designated Maturity of one day.

More Definitions of Fixed Amount Adjustment Payment

Fixed Amount Adjustment Payment means, with respect to a Fixed Rate Payer Calculation Period, an amount equal to (a) the Fixed Amount which would have been payable in respect thereof in accordance with the Fixed Amount Calculation Provisions on the Scheduled Fixed Rate Payer Payment Date in the absence of these “Deferral of Fixed Amounts” provisions if each Reference Swap Payment related to each Undetermined Reference Obligation had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) minus (b) the Minimum Fixed Amount in respect thereof.Deferral Period: With respect to a Fixed Amount AdjustmentPayment, the period from (and including) the relevant Scheduled Fixed Rate Payer Payment Date to (but excluding) the Additional Fixed Rate Payer Payment Date.Additional Fixed Amounts payable in relation to the Original Default Swap:An additional Fixed Amount equal to any New Credit Default Swap Undetermined Reference Obligation Deferral Amount (as defined in the Original Default Swap Confirmation) determined in respect of the Notes to which this Transaction relates shall be paid by Party A to Party B on the first Fixed Rate Payer Payment Date.3 Floating Payment: Not Applicable 4 Settlement Terms: Settlement Method: Cash Settlement, subject as provided under “CashSettlement Amount” below.Settlement Currency: EURCash Settlement Date: With respect to a Defaulted Reference Obligation,three Business Days after the calculation of the Final Price for all Reference Obligations relating thereto in accordance with the provisions of the Reference Swap.Cash Settlement Amount: With respect to a Defaulted Reference Obligation, anamount equal to the relevant Reference Swap Payment.Party B will, upon the determination of a Cash Settlement Amount under this Transaction following the occurrence of one or more Credit Events under the terms of the Reference Swap, pay to Party A, on the related Cash Settlement Date an amount of the Cash Collateral (the “Collateral Payment”) equal to the greater of (x) the sum of (1) such Cash Settlement Amount and (2) the Credit Event Unwind Costs (as defined in the Conditions) and (y) zero, provided that in no event shall Party B be liable to make a Collateral Payment which is greater than the aggregate of the Outstanding Principal Amounts of the Notes as at the relevant Cash Settlement Date. 5 Additional Provisions:5.1 Definitions

Fixed Amount Adjustment Payment means, in respect of a Fixed Rate Payer Calculation Period, an amount equal to the excess, if any, of (a) the Fixed Amount which would have been payable in respect of such Fixed Rate Payer Calculation Period on the relevant Scheduled Fixed Rate Payer Payment Date in accordance with the Fixed Amount Calculation Provisions if the Loss Amount in respect of each Reference Entity that was an Undetermined Reference Entity as at any day of such Fixed Rate Payer Calculation Period had been determined on the relevant Event Determination Date (based on the Final Price relating to such Defaulted Reference Entity) over (b) the Minimum Fixed Amount in respect of such Fixed Rate Payer Calculation Period.

Fixed Amount Adjustment Payment means, with respect to a Fixed Rate Payer Calculation Period, an amount equal to (a) the Fixed Amount that would have been payable by the Swap Counterparty on the Scheduled Fixed Rate Payer Payment Date if (i) each Loss Amount related to each Undetermined Reference Entity had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) and (ii) the Fixed Amount had been calculated in accordance with the Fixed Amount calculation provisions (that is, as if these "Deferral of Fixed Amounts" provisions do not apply) minus (b) the Minimum Fixed Amount in respect thereof; provided that if the Additional Fixed Rate Payer Payment Date for any Undetermined Reference Entity shall not have occurred on or prior to the Early Termination Date designated in connection with the Swap Counterparty’s failure to take action upon a Swap Rating Downgrade, the Fixed Amount Adjustment Payment will be an amount equal to the Fixed Amount that would have been payable on the Additional Fixed Rate Payer Payment Date if the relevant Loss Amount related to such Undetermined Reference Entity was calculated on the basis that the Final Price referred to in (a) was determined to be 100 percent and zero for a Long Reference Entity and a Short Reference Entity, respectively.

Fixed Amount Adjustment Payment means, with respect to a Fixed Rate Payer Calculation Period, an amount equal to (a) the Fixed Amount which would have been payable in respect thereof in accordance with the Fixed Amount Calculation Provisions on the Scheduled Fixed Rate Payer Payment Date in the absence of these "Deferral of Fixed Amounts" provisions if each Loss Determination Amount related to each Undetermined Reference Entity had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) minus(b) the Minimum Fixed Amount in respect thereof. Deferral Period: With respect to a Fixed Amount Adjustment Payment, the period from and including the relevant Scheduled Fixed Rate Payer Payment Date to but excluding the Additional Fixed Rate Payer Payment Date. 3 Floating Payment: Conditions to In respect of a Reference Entity, as set out in the StandardSettlement: Terms for that Reference Entity. For the avoidance of doubt, the parties agree that the Conditions to Settlement may be satisfied more than once under this Transaction; provided, however, that the Conditions to Settlement may, subject to "Credit Event Notice After Restructuring" below, be satisfied once only with respect to each Reference Entity unless subsequent to the satisfaction of the Conditions to Settlement with respect to any Reference Entity, that Reference Entity becomes the Successor to one or more other Reference Entities in respect of which an Event Determination Date has not occurred, in which case the Conditions to Settlement may be satisfied again in relation to that Reference Entity. Credit Events: In respect of a Reference Entity, as set out in the Standard Terms for that Reference Entity. Multiple Holder Obligation:In respect of a Reference Entity, as set out in the Standard Terms for that Reference Entity. Credit Event Notice The definition of "Credit Event Notice" set out in Section 3.3 of the 2003 Credit Derivatives Definitions shall be amended as follows:

Fixed Amount Adjustment Payment means, with respect to a Fixed Rate Payer Calculation Period, an amount equal to

Fixed Amount Adjustment Payment means, with respect to a Fixed Rate Payer Calculation Period, an amount equal to (a) the Fixed Amount which would have been payable in respect thereof in accordance with the Fixed Amount Calculation Provisions on the Scheduled Payment Date in the absence of these “Retention of Fixed Amounts” provisions if each Loss Determination Amount related to each Undetermined Defaulted Reference Obligation had been determined on the relevant Event Determination Date (based on the actual Final Price(s) relating thereto) minus (b) the Minimum Fixed Amount in respect thereof. Deferral Period: With respect to a Fixed Amount Adjustment Payment, the period from and including the Fixed Rate Payer Payment Date immediately preceding the relevant Event Determination Date to but excluding the Additional Payment Date. Accrued Interest: With respect to each Fixed Amount Adjustment Payment and the related Deferral Period, an amount calculated by Party A in good faith and a commercially reasonable manner equal to the product of (a) such Fixed Amount Adjustment Payment, (b) the Deferral Rate and (c) the quotient of the actual number of days in such Deferral Period (as numerator) and 360 (as denominator). Deferral Rate: With respect to any Fixed Amount Adjustment Payment and Deferral Period, the USD-Federal Funds-H.15 Rate (as defined in the 2000 ISDA Definitions), for which purposes each day of the Deferral Period shall be a Reset Date. 3. Floating Payments:Floating Rate Payer Calculation: With respect to any Reference Obligation, the Notional Amount: Amount of such Reference Obligation as at the relevantEvent Determination Date. Conditions to Settlement: With respect to each Reference Obligation: Credit Event Notice Notice of Publicly Available Information: Applicable. lf, in the commercially reasonable judgment of the Calculation Agent, Publicly Available Information is not readily available, notwithstanding anything to the contrary in the Credit Derivatives Definitions or in this Confirmation, the Notice of Publicly Available InformationCondition to Settlement may be satisfied by the delivery by the Calculation Agent of either (a) an officers’ certificate signed by two authorised signatories of the Calculation Agent which (i) identifies the Credit Event, (ii) describes how the occurrence of the Credit Event was determined, (iii) identifies the sources of the information that provide evidence of the Credit Event and that were used to make such determination and (iv) attaches copies...

Fixed Amount Adjustment Payment definition

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