Swap Calculation Period definition

Swap Calculation Period means each Floating Rate Payer Calculation Period (as defined in the Interest Rate Swap);
Sample 1Sample 2Sample 3
Swap Calculation Period. Each period from and including the Distribution Date in the preceding calendar month to, but excluding, the related Distribution Date, except that the initial Swap Calculation Period will commence on, and include, October 25, 2007 and the final Swap Calculation Period will end on, but exclude, the Swap Termination Date, provided that such Swap Calculation Period shall be adjusted pursuant to the “Following Business Day Convention” (as defined in the Swap Agreement). Swap Certificate: Each of the Offered Certificates.
Sample 1Sample 2

Examples of Swap Calculation Period in a sentence

  • The Issuer pays a fixed amount which is equal to the relevant notional amount applicable for any given Swap Calculation Period (as defined herein) multiplied by a fixed rate and the relevant day count fraction.

  • For each Swap Transaction, the Swap Notional Amount in respect of any Swap Calculation Period is determined as at the relevant Observation Date.

  • The floating amount calculated in respect of the Swap Provider for a Swap Calculation Period under the Swap Transaction will be equal to the product of: (a) EURIBOR for such Swap Calculation Period, subject to a floor of minus 0.90% until the Step-Up Date under the Notes and minus 1.35% thereafter, (b) the notional of the Swap Transaction for that Swap Calculation Period and (c) the relevant day count fraction.

  • The Interest Rate Swap Transaction has the following key commercial terms: Fixed Rate Notional Amount: in respect of any Swap Calculation Period will be an amount in Sterling equal to the product of (i) the aggregate Current Balance of the Fixed Rate Loans in the Portfolio on the last calendar day of the calendar month in which such Swap Calculation Period begins and (ii) the applicable Performance Ratio on the last calendar day of the calendar month in which such Swap Calculation Period begins.

  • For purposes of this section, charitable deduction means a contribution to either: 1) Friends of the Library, 2) Xxxxxxxx Xxxxx, or 3) any other non-religious, non-labor charitable organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code of the employee’s choice.

  • If for any Swap Calculation Period EURIBOR for one-month euro deposits is negative, the Issuer will be required to pay to the Swap Counterparty the absolute value of the relevant Swap Counterparty Swap Amount determined using the applicable negative EURIBOR for one-month euro deposits rate as calculated in accordance with the terms of the Balance Guaranteed Swap Agreement (the "Issuer Swap Additional Amount").

  • Y = the sum of all payments due in respect of the relevant Loans in the Portfolio being hedged pursuant to the Interest Rate Swap Transaction during the month in which such Swap Calculation Period begins.

  • Risk of mismatch between Swap Notional Amount and Outstanding Principal Amount of the Swap Mortgage Receivables due to amortisation during Swap Calculation Period For each Swap Transaction, the Swap Notional Amount in respect of any Swap Calculation Period is determined as at the relevant Observation Date.

  • The terms of the particular Transaction to which this Confirmation relates are as follows:Transaction Type: Heating Degree Day ("HDD") Swap Calculation Period: The period from and including the Effective Date to and including the Termination Date.

  • The floating amount calculated in respect of the Swap Provider for a Swap Calculation Period under the Swap Transaction will be equal to the product of: (a) EURIBOR for such Swap Calculation Period, subject to a floor of minus 0.77% until the Step-Up Date under the Notes and minus 1.155% thereafter, (b) the notional of the Swap Transaction for that Swap Calculation Period and (c) the relevant day count fraction.

Related to Swap Calculation Period

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • 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.

  • 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.

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • 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;

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Reset Interest Determination Date means, in respect of any Reset Period, the day falling two Business Days prior to the beginning of the relevant Reset Period;

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such other day as otherwise reasonably determined by the Administrative Agent).

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.