FLPR definition

FLPR means a per annum rate, expressed as a decimal, equal to the rate determined with respect to the Reset Date during (or in respect of) that Calculation Period for the specified FLPR Benchmark or as otherwise provided in this DFT Terms confirmation;
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Examples of FLPR in a sentence

  • For ▇▇▇▇▇'ah reasons, a separate DFT Terms confirmation should be used to document the other leg of the Profit Rate Swap, for example, a Floating Profit Rate (or FLPR) Leg.

  • Murabaha Sale" means a Transaction comprising a binding agreement for the sale of FLPR Assets by the Seller to the Buyer following an exercise by the Seller of Buyer's Undertaking; the terms of each such Transaction shall be evidenced by a Confirmation, being a Murabaha FLPR Asset Sale Confirmation.

  • Except under the circumstances set forth below, the Adviser shall not be responsible for reviewing proxy solicitation materials or voting and handling proxies in relation to the Assets.

  • FLPR Assets" means the ▇▇▇▇▇'ah compliant assets specified as such in this DFT Terms confirmation.

  • FLPR Asset Quantity" means the quantity specified as such in this DFT Terms confirmation.

  • Buyer" means, in respect of this DFT Terms Agreement and each Transaction entered into pursuant thereto, the party specified as such in this DFT Terms confirmation, being the party that undertakes to purchase FLPR Assets from the Seller at the election of the Seller subject to the Exercise Condition being satisfied.

  • Buyer" means, in respect of this DFT Terms Agreement and each Transaction entered into pursuant thereto, the party specified as such in this DFT Terms confirmation, being the party that undertakes to purchase FLPR Assets from the Seller at the election of the Seller.

  • Seller" means, in respect of this DFT Terms Agreement and each Transaction entered into pursuant thereto, the party specified as such in this DFT Terms confirmation, being the party that may elect to sell FLPR Assets to the Buyer.

  • Seller" means, in respect of this DFT Terms Agreement and each Transaction entered into pursuant thereto, the party specified as such in this DFT Terms confirmation, being the party that may elect to sell FLPR Assets to the Buyer subject to the Exercise Condition being satisfied.