Scheduled Cashflow Value definition
Scheduled Cashflow Value means a value calculated by the Calculation Agent at any time during the term of the Securities equal to the result of (i) the net present value of the Scheduled Cashflows in the Reference Currency, minus (ii) the net present value of the Scheduled Cashflows in the Specified Currency expressed in the Reference Currency using the Relevant Exchange Rate at the applicable time as adjusted to account for any cross- currency basis swap charges from the Specified Currency into Reference Currency. For the purposes of determining the net present values above, each Scheduled Cashflow in the Reference Currency and Scheduled Cashflow in the Specified Currency shall be discounted as if it was due on the Scheduled Reference Asset Interest Payment Date.]
Scheduled Cashflow Value means a value calculated by the Calculation Agent on any day at any time during the term of the Securities equal to the result of