Notional Amounts definition

Notional Amounts. For each Calculation Period, the [Class [__] Note Balance] as of the close of business on the first day of the related Floating Rate Calculation Period. Fixed Amounts: Fixed Rate Payer: Party B. Fixed Rate Payer Payment Dates: The [__] day of each month, commencing [________], 20[__], subject to adjustment in accordance with the Following Business Day Convention. Fixed Rate: [____]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: Party A. Floating Rate Payer Payment Dates: The [__] day of each month, commencing [________], 20[__], subject to adjustment in accordance with the Modified Following Business Day Convention. Floating Rate: [____]%. Designated Maturity: One month. Spread: Zero. Initial Floating Rate: [____]%. Floating Rate Day Count Fraction: Actual/360. Reset Date: The first day of each Calculation Period. Compounding: Inapplicable. Business Days: New York, New York, Wilmington, Delaware and [__________]. Calculation Agent: Party A.
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Notional Amounts means, as applicable, in respect of the Transaction to which this Confirmation relates, the amounts specified in Annex A as the applicable BRL Notional Amount and USD Notional Amount, in effect from time to time in this Confirmation.
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Notional Amounts on Schedule II hereto as the same may be reduced from time to time in accordance with Section 1.03.
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Examples of Notional Amounts in a sentence

  • The foregoing provisions are intended to distribute to each Class of Regular Certificates any accrued and unpaid interest and principal to which they are entitled based on the Pass-Through Rates and actual Class Certificate Balances or Notional Amounts set forth in the Preliminary Statement upon liquidation of the Trust Fund.

  • This certifies that __________ is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the denomination of this Certificate by the aggregate Initial Notional Amounts of all Certificates of the Class to which this Certificate belongs) in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by IndyMac MBS, Inc.

  • Each Class of Reference Tranche will have the initial Class Notional Amount set forth in the definition of “Reference Tranches” in Article I (Definitions) in this Agreement, and the aggregate of the initial Class Notional Amounts of all the Reference Tranches will equal the Cut-off Date Balance.

  • The Interest Only Certificates will be issuable only in denominations corresponding to initial Certificate Notional Amounts as of the Closing Date of $1,000,000 and in integral multiples of $1 in excess thereof.

  • The specific Classes of Exchangeable Notes and RCR Notes that are outstanding at any given time, and the outstanding Class Principal Balances or Class Notional Amounts of those Classes, will depend on payments on or write-ups or write-downs of those Classes and any exchanges that have occurred.

  • All distributions of Prepayment Premiums, if any, made with respect to a Class of Class X Certificates on any Distribution Date, pursuant to this Section 6.10, shall be made, and shall be deemed to have been made, in respect of the various Class X REMIC III Regular Interests that relate to the subject Class of Class X Certificates, pro rata in accordance with the respective amounts by which the Notional Amounts of such Class X REMIC III Regular Interests declined on such Distribution Date.

  • The Class A-5 and Class A-7 Certificates shall be issuable in minimum Notional Amounts of $1,000 and integral multiples of $1 in excess thereof, except that one Certificate of each such Class may be issued in an amount such that the denomination of such Certificate and the aggregate denomination of all other outstanding Certificates of such Class together equal the aggregate Notional Amount of such Class.

  • All distributions or allocations made with respect to Holders of Certificates of a particular Class on each Distribution Date shall be made or allocated among the outstanding Certificates of such Class in proportion to their respective initial Certificate Balances, in the case of a Class of Principal Balance Certificates, or initial Notional Amounts, in the case of a Class of Class X Certificates, or Percentage Interests, in the case of the Class R Certificates.

  • The foregoing provisions are intended to distribute to each Class of Certificates any accrued and unpaid interest and/or principal to which they are entitled based on their Pass-Through Rates and Class Certificate Balances or Notional Amounts set forth in the Preliminary Statement upon liquidation of the Trust Fund.

  • The Servicer may obtain Interest Rate Swaps in a form approved by the Servicer to be entered into by the Trustee not in its personal capacity but solely for the benefit of the Investor Certificateholders; provided that the sum of the Swap Notional Amounts for such Interest Rate Swaps shall not exceed the Class A and Class B Invested Amount for this Series and the Swap Rate shall not exceed the maximum Swap Rate set forth in the Series Term Sheet.


More Definitions of Notional Amounts

Notional Amounts means each of the amounts set forth under the heading "Notional Amounts" on Schedule II hereto as the same may be reduced from time to time in accordance with Section 1.03.
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Notional Amounts means each of the amounts set forth under the heading "Notional Amounts" on Schedule II hereto as the same may be reduced from time to time in accordance with Section 2.03.
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Notional Amounts means items that are treated as net income for taxation purposes but do not constitute amounts that the Trustee may appoint, pay, apply or set aside for the purposes of clause 2;
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Notional Amounts means as of any date, (i) if such date is listed on the Notional Amounts Schedule, the amount set forth opposite such date and (ii) if such date is not listed on the Notional Amounts Schedule, the amount set forth opposite the date thereon most recently preceding such date plus interest on such amount at a rate equal to the Notional Amounts Discount Rate from and including such date most recently preceding the date on the Notional Amounts Schedule to (but excluding) such date of determination.
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Notional Amounts means those amounts such as foreign Tax credits and franking credits which give rise to assessable income but do not result in the receipt of any cash or property.
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Related to Notional Amounts

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

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

  • 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.

  • 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.