Fixed Rate Payer Calculation Amount definition

Fixed Rate Payer Calculation Amount means the amounts shown as such in the OTC Trade Event Report or, if an amount is not so shown, the Floating Rate Payer Calculation Amount (Chapter VIII, Section 2.1.16.1).
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Fixed Rate Payer Calculation Amount means, on any day, an amount equal to the Initial Fixed Rate Payer Calculation Amount, less the Aggregate Floating Amount as of such date.Solely for purposes of calculating the amount payable by the Swap Counterparty in respect of the Fixed Amount, the Fixed Rate Payer Calculation Amount will be reduced on each Event Determination Date, by an amount (the "Early Floating Amount") equal to the Floating Amount that would have been applied to the Fixed Rate Payer Calculation Amount if the relevant Cash Settlement Amount had been equal to the relevant Defaulted Reference Entity's Floating Rate Payer Calculation Amount (subject to Restructuring Credit Event Notice).Termination of Credit Swap Unless terminated earlier, the Credit Swap will terminateon the earlier of (i) the Swap Scheduled Termination Date or, if later, the Deferred Redemption Date and (ii) the date on which the Adjusted Additional Amount of the Notes has been reduced to zero (any such date, the "Swap Termination Date"); provided that the Fixed Amount payable by the Swap Counterparty shall cease accruing on the earlier of (i) the date on which the Adjusted Additional Amount is reduced to zero and (ii) the Swap Scheduled Termination Date.The Credit Swap is subject to early termination only in limited circumstances, including payment defaults lasting a period of at least three Business Days by the Issuer or the Swap Counterparty, bankruptcy-related events applicable to the Issuer or the Swap Counterparty, merger without assumption of liabilities thereunder by the Issuer or the Swap Counterparty, illegality, the occurrence of a Tax Event or Tax Event upon Merger (as each such term is defined in the Credit Swap), the occurrence of an Early Redemption Event in respect of the Notes under the Indenture, the occurrence of an acceleration of the Notes (which has not been rescinded or annulled) following the occurrence of an Event of Default (other than pursuant toSection 5.01(f) of the Indenture) and the occurrence of a Swap Counterparty Downgrade Event.Swap Counterparty Downgrade Event........ It shall be an Additional Termination Event under theCredit Swap in respect of which the Swap Counterparty will be the sole Affected Party (as defined therein), if the Swap Counterparty's short-term issuer credit rating is withdrawn or downgraded to "A-1" or lower by S&P and the Swap Counterparty does not satisfy any of the requirements set forth in paragraphs (i), (ii) or (iii) below within 30 calendar days of such...
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Fixed Rate Payer Calculation Amount means the amounts shown as such in the OTC Trade Event Report or, if an amount is not so shown, the Floating Rate Payer Calculation Amount (Number 2.1.18.1).
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Examples of Fixed Rate Payer Calculation Amount in a sentence

  • For the purposes of determining the Fixed Rate Payer Calculation Amount, the outstanding Class B Tranche Amount on any Fixed Rate Payer Period End Date shall be such amount after any reductions as a result of any Relevant Amortisation of any Reference Obligations and any reductions as a result of the allocation of any Recovery Balances and Loss Determination Amounts, in each case, on such day.

  • Fixed Payments: a) The "Fixed Rate Payer Calculation Amount" shall be the Floating Rate Payer Calculation Amount.

  • Fixed Rate Payer Calculation Amount: Initially USD 10,000,000 and thereafter the Principal Amount of the Notes from time to time.

  • Fixed Rate Payer Calculation Amount: For any Fixed Rate Payer Calculation Period, an amount determined by the Calculation Agent equal to (a) the sum of the Outstanding Swap Notional Amount as at 5 p.m. in the Calculation Agent City on each day in such Fixed Rate Payer Calculation Period, divided by (b) the actual number of days in such Fixed Rate Payer Calculation Period.

  • They also show the volatility in land prices and rents, with significant changes in this cost occurring, for example, in Denmark and Ireland (land prices), and Germany and Sweden (rents), over only a three-year period.High land prices and land taxes, as well as the burden of inheriting debts, discourage young farmers.

  • Fixed Rate Payer Calculation Amount: An amount equal to (a) the Reference EntityWeighting multiplied by (b) the Original Notional Amount.Reference Entity Weighting: The percentage set out opposite the relevant Reference Entity in the Index Annex.Fixed Rate Payer Payment Dates: Each Interest Payment Date for the Notes.

  • The legislature has made it very clear that a history of the obligor paying above what would be his/her guideline support does not justify an increase in his/her support.A history of support voluntarily provided in excess of the court order does not constitute cause to increase the amount of an existing child support order.

  • The Fixed Rate Payer Calculation Amount and Floating Rate Payer Calculation Amount for the Selected Successor shall be the Fixed Rate Payer Calculation Amount and Floating Rate Payer Calculation Amount for the Affected Reference Entity prior to such Succession Event.

  • The "Fixed Rate Payer Calculation Amount" shall be the Floating Rate Payer Calculation Amount.

  • As a result of such Succession Event, it is possible that (a) the Fixed Rate Payer Calculation Amount and Floating Rate Payer Calculation Amount relating to that Reference Entity may be reduced (as low as zero) or may be apportioned among one or more other entities in respect of which the parties will then be deemed to have entered into a Transaction.

Related to Fixed Rate Payer Calculation Amount

  • 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;

  • 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.

  • 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.

  • Valuation Amount means, in respect of each Mortgaged Vessel, the value thereof as most recently determined under clause 8.2.2; and

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Class Notional Amount Not applicable.

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;