Weighted Average Strike Rate definition

Weighted Average Strike Rate means, as of any date of determination, the weighted average strike rate of the Interest Rate Caps, weighted on the basis of the notional amount for the given month in the Interest Rate Cap’s notional schedule.
Weighted Average Strike Rate means, as of any date of determination, the weighted average strike rate of the Interest Rate Caps, weighted on the basis of the notional amount for the given month in the Interest Rate Cap’s notional schedule. 1.2 DUTCH DEFINITIONS