Examples of Calculation Agent in a sentence
The Calculation Agent shall notify Counterparty prior to making any such adjustment to the Forward Price.
At the close of trading of the regular trading session on the Exchange; provided that if the principal trading session is extended, the Calculation Agent shall determine the Valuation Time in its reasonable discretion.
All calculations and determinations by the Calculation Agent shall be made in good faith and in a commercially reasonable manner.
Thereafter, the Adjusted SIFMA Rate will be determined by the Calculation Agent; provided, however the Adjusted SIFMA Rate shall not exceed the Maximum Rate nor be less than 0%.
Upon determining the Adjusted SIFMA Rate for a given week, the Calculation Agent (if the Calculation Agent is not then the Commonwealth itself) shall notify the Commonwealth of such rate by electronic mail (e-mail) or by telephone at the notice address provided below or in such other manner as may be appropriate on the date of such determination, which notice, if provided by telephone, shall be promptly confirmed in writing.