Examples of Net Interest Amount in a sentence
These changes will be communicated through a Change Order (CO) request.
On the related Settlement Date, Party A will pay to Party B, an amount in USD equal to the product of the Principal Share Amount and the Final Reference Share Price, and Party B will pay to Party A, through the Arranging Agent, an amount in USD equal to the sum of (i) the Notional Amount and (ii) the Net Interest Amount (which will reduce the amount due from Party B if the Net Interest Amount is negative).
The term "Shortfall" at anytime and from time to time means the US Dollar amount by which the sum of (i) the Notional Amount and (ii) the Net Interest Amount exceeds the aggregate Net Proceeds, if any, actually received from the sale of (i) all or a portion of the Number of Shares plus (ii) additional Shares delivered pursuant to the Party B Net Share Settlement Delivery)).
If Party B has specified Net Share Settlement as the Method of Settlement, Party A shall sell, in accordance with the terms hereof, such number of Shares from the Principal Share Amount that will generate aggregate Net Proceeds equal to the sum of (i) the Notional Amount and (ii) the Net Interest Amount.
Unless Party B has specified Net Cash Settlement or Net Share Settlement in accordance with the terms hereof, on the Settlement Date, Party A will through the Arranging Agent, deliver the Principal Share Amount to Party B, and Party B will pay to Party A an amount equal to the sum of (i) the Notional Amount and (ii) the Net Interest Amount.
Any monies remaining in the Adjustment Fund after any adjustments have taken place will be distributed among those CBA Customers for whom the ASIC Compensation Model has calculated a Net Interest Amount pro rata to their Net Interest Amount.
Same result as Example 1 = 8.125% STEP FOUR: add STEP TWO and STEP THREE 8.649991% + 8.125% = 16.774991% (continued...) STEP TWO: the Excess Accrued Net Interest Amount is converted to an annual rate of interest (the Excess Accrued Net Interest Amount Rate) related to the Class A Certificates.
Field 33B: Transaction Currency and Net Interest Amount Format Option B 3!a15d (Currency)(Amount) Presence Mandatory in optional sequence D Definition This field specifies the currency and net interest amount (after deductions of taxes and/or of broker's fee).
This excess rate is expressed as the variable “ER” in the following formula: where D = Number of calendar days during which a Reset Rate will be in effect EA = Excess Accrued Net Interest Amount CLA = Aggregate Outstanding Class A Certificate Balance STEP THREE: interest on the Deposited Assets at the lowest Deposited Asset Rate is converted to an interest rate related to the Class A Certificates.
ASIC and CBA have agreed that an amount equal to the combined Net Interest Amounts (of those CBA Customers who participate in the settlement and for whom the ASIC Compensation Model calculates a Net Interest Amount) will be allocated to an “Adjustment Fund”.