Fixed Rate Payer Calculation Amount definition

Fixed Rate Payer Calculation Amount means the amounts shown as such in the OTC Trade Event Report or, if an amount is not so shown, the Floating Rate Payer Calculation Amount (Chapter VIII, Section 2.1.16.1).
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Fixed Rate Payer Calculation Amount means, on any day, an amount equal to the Initial Fixed Rate Payer Calculation Amount, less the Aggregate Floating Amount as of such date.Solely for purposes of calculating the amount payable by the Swap Counterparty in respect of the Fixed Amount, the Fixed Rate Payer Calculation Amount will be reduced on each Event Determination Date, by an amount (the "Early Floating Amount") equal to the Floating Amount that would have been applied to the Fixed Rate Payer Calculation Amount if the relevant Cash Settlement Amount had been equal to the relevant Defaulted Reference Entity's Floating Rate Payer Calculation Amount (subject to Restructuring Credit Event Notice).Termination of Credit Swap Unless terminated earlier, the Credit Swap will terminateon the earlier of (i) the Swap Scheduled Termination Date or, if later, the Deferred Redemption Date and (ii) the date on which the Adjusted Additional Amount of the Notes has been reduced to zero (any such date, the "Swap Termination Date"); provided that the Fixed Amount payable by the Swap Counterparty shall cease accruing on the earlier of (i) the date on which the Adjusted Additional Amount is reduced to zero and (ii) the Swap Scheduled Termination Date.The Credit Swap is subject to early termination only in limited circumstances, including payment defaults lasting a period of at least three Business Days by the Issuer or the Swap Counterparty, bankruptcy-related events applicable to the Issuer or the Swap Counterparty, merger without assumption of liabilities thereunder by the Issuer or the Swap Counterparty, illegality, the occurrence of a Tax Event or Tax Event upon Merger (as each such term is defined in the Credit Swap), the occurrence of an Early Redemption Event in respect of the Notes under the Indenture, the occurrence of an acceleration of the Notes (which has not been rescinded or annulled) following the occurrence of an Event of Default (other than pursuant toSection 5.01(f) of the Indenture) and the occurrence of a Swap Counterparty Downgrade Event.Swap Counterparty Downgrade Event........ It shall be an Additional Termination Event under theCredit Swap in respect of which the Swap Counterparty will be the sole Affected Party (as defined therein), if the Swap Counterparty's short-term issuer credit rating is withdrawn or downgraded to "A-1" or lower by S&P and the Swap Counterparty does not satisfy any of the requirements set forth in paragraphs (i), (ii) or (iii) below within 30 calendar days of such...
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Fixed Rate Payer Calculation Amount means the amounts shown as such in the OTC Trade Event Report or, if an amount is not so shown, the Floating Rate Payer Calculation Amount (Number 2.1.18.1).
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Examples of Fixed Rate Payer Calculation Amount in a sentence

  • No person shall operate a snowmobile or a recreational motor vehicle within the City of Shoreview at a rate of speed in excess of fifteen (15) miles per hour within 150 feet of any fisherman, fish house, pedestrian, skier, skater, skating rink, sliding area, ski tow area, residential dwelling, or other area where such operation would conflict with or endanger other persons or property.

  • Fixed Payments: a) The "Fixed Rate Payer Calculation Amount" shall be the Floating Rate Payer Calculation Amount.

  • Fixed Rate Payer Calculation Amount: Initially USD 10,000,000 and thereafter the Principal Amount of the Notes from time to time.

  • Fixed Rate Payer Calculation Amount: For any Fixed Rate Payer Calculation Period, an amount determined by the Calculation Agent equal to (a) the sum of the Outstanding Swap Notional Amount as at 5 p.m. in the Calculation Agent City on each day in such Fixed Rate Payer Calculation Period, divided by (b) the actual number of days in such Fixed Rate Payer Calculation Period.

  • Fixed Rate Payer Calculation Amount: The Floating Rate Payer Calculation Amount Fixed Rate Payer Payment Dates: Each 20 March, 20 June, 20 September and 20 December in each year.

  • The parties agree that the Fixed Rate Payer Calculation Amount and the Floating Rate Payer Calculation Amount for each Transaction shall be equal to the Notional Amount at any time multiplied by the Credit Position (as set forth in Annex 1) of the relevant Reference Entity, subject to the occurrence of a Succession Event.

  • Firing pins and extractors were also made under contract and are not consecutive.Sometimes overlooked in validation studies for firearms identifica- tion is the break-in period—the time when the first test fires are pro- duced in a firearm.

  • These specifications would be published in AEMO procedures, known as the ST PASA procedures.

  • The legislature has made it very clear that a history of the obligor paying above what would be his/her guideline support does not justify an increase in his/her support.A history of support voluntarily provided in excess of the court order does not constitute cause to increase the amount of an existing child support order.

  • Fixed Rate Payer Calculation Amount: An amount equal to (a) the Reference EntityWeighting multiplied by (b) the Original Notional Amount.Reference Entity Weighting: The percentage set out opposite the relevant Reference Entity in the Index Annex.Fixed Rate Payer Payment Dates: Each Interest Payment Date for the Notes.

Related to Fixed Rate Payer Calculation Amount

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Designation Amount has the meaning given to this term in Section 4.15.

  • Interest Distributable Amount With respect to any Distribution Date and each Class of Certificates, the sum of (i) the Monthly Interest Distributable Amount for that Class and (ii) the Unpaid Interest Shortfall Amount for that Class.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • 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.

  • 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.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Class X-D Notional Amount With respect to the Class X-D Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-D Components.

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Allocation Amount means, as of the Closing Date, the Series 2017-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-1 Stated Principal Amount resulting from the issuance of additional Series 2017-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greaterthan the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Class Notional Amount Not applicable.

  • Adjusted Actual/360 Accrued Interest Amount with respect to any REMIC I Regular Interest referred to in clause (B) of the second sentence of the prior paragraph, for any Interest Accrual Period, is an amount of interest equal to the product of (a) the Net Mortgage Rate then in effect (including as a result of any step-up provision) for the related Mortgage Loan under the original terms of such Mortgage Loan in effect as of the Closing Date (without regard to any modifications, extensions, waivers or amendments of such Mortgage Loan subsequent to the Closing Date, whether entered into by the Master Servicer or the Special Servicer or in connection with any bankruptcy, insolvency or other similar proceeding involving the related Borrower), multiplied by (b) a fraction, the numerator of which is the number of days in such Interest Accrual Period, and the denominator of which is 360, multiplied by (c) the Uncertificated Principal Balance of such REMIC I Regular Interest immediately prior to the Distribution Date that corresponds to such Interest Accrual Period; provided that, if the subject Interest Accrual Period occurs during (x) December of any year that does not immediately precede a leap year or (y) January of any year, then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be decreased by the Interest Reserve Amount, if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.04(c), from the Distribution Account to the Interest Reserve Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period; and provided, further, that, if the subject Interest Accrual Period occurs during February of any year (or during any December or January preceding the month of the Final Distribution Date), then the amount of interest calculated with respect to the subject REMIC I Regular Interest pursuant to this definition for such Interest Accrual Period without regard to this proviso shall be increased by the Interest Reserve Amount(s), if any (and the fraction described in clause (B) of the second sentence of the preceding paragraph shall be adjusted accordingly), with respect to the related Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) transferred, in accordance with Section 3.05(c), from the Interest Reserve Account to the Distribution Account on the Master Servicer Remittance Date that occurs immediately following the end of such Interest Accrual Period.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Class X Notional Amount As of any date of determination, the sum of the then Component Notional Amounts of all the Components.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Quotation Amount means the amount in the Relevant Currency stated as the notional amount with respect to a particular Limit Bid, Limit Offer, Initial Market Bid, Initial Market Offer, Physical Settlement Buy Request or Physical Settlement Sell Request in a Participating Bidder's Initial Market Submission, a Physical Settlement Request or Limit Order Submission, as applicable, which amount in each case will be an integral multiple of an amount equal to the Quotation Amount Increment.

  • Note Interest Distributable Amount means, with respect to any Payment Date and a Class of Notes, the sum of the Note Monthly Interest Distributable Amount for such Payment Date and the Note Interest Carryover Shortfall for such Class of Notes. For all purposes of this Agreement and the other Basic Documents, interest with respect to the Class A-2, Class A-3 and Class A-4 Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months; and interest with respect to the Class A-1 Notes shall be computed on the basis of the actual number of days in each applicable Interest Accrual Period, divided by 360.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • RMB Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and in New York City.

  • Class A-4 Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class A‑4 Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class A‑4 Rate or, in the case of the first Payment Date, on the Class A‑4 Initial Principal Balance.

  • Maximum Uncertificated Accrued Interest Deferral Amount With respect to any Distribution Date, the excess of (i) accrued interest at the Uncertificated REMIC II Pass-Through Rate applicable to REMIC II Regular Interest ZZ for such Distribution Date on a balance equal to the Uncertificated Principal Balance of REMIC II Regular Interest ZZ minus the REMIC II Overcollateralization Amount, in each case for such Distribution Date, over (ii) the aggregate amount of Uncertificated Accrued Interest for such Distribution Date on the REMIC II Regular Interests (other than REMIC II Regular Interests AA, ZZ and IO), with the rate on each such REMIC II Regular Interest (other than REMIC II Regular Interests B-1, B-2, B-3 and B-4) subject to a cap equal to the least of (x) the One-Month LIBOR Pass Through Rate for the Corresponding Certificate, (y) 11.00% per annum and (z) the Net WAC Cap Rate for the REMIC III Regular Interest the ownership of which is represented by the Corresponding Certificate for the purpose of this calculation for such Distribution Date, and with the rate on each of the REMIC II Regular Interests B-1, B-2, B-3 and B-4 subject to a cap equal to the lesser of (i) the per annum fixed rate specified in the definition of “Pass-Through Rate” for the Corresponding Certificate, and (ii) the related Net WAC Cap Rate for the REMIC III Regular Interest the ownership of which is represented by the Corresponding Certificate for the purpose of this calculation for such Distribution Date; provided, however, that solely for this purpose, the related cap with respect to each REMIC II Regular Interest (other than REMIC II Regular Interests AA, ZZ, B-1, B-2, B-3, B-4 and IO) shall be multiplied by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related Accrual Period. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.