Put Currency Amount definition

Put Currency Amount means, in relation to a ForexClear Option Transaction,ForexClear Option Contract, ForexClear NDO Transaction or ForexClear NDO Contract, as applicable, the amount specified as such in the ForexClear Option Contract Terms or ForexClear NDO Contract Terms (as the case may be) evidencing such ForexClear Option Transaction, ForexClear Option Contract, ForexClear NDO Transaction or ForexClear NDO Contract, as applicable"Quarter Start Date"has the meaning assigned to it in Regulation 60A(c)"Rate X" and Rate "Y"means, in relation to a SwapClear Transaction or a SwapClear Contract, the outstanding payment obligations of each party to the transaction, such that Rate X comprises the outstanding payment obligations of one party to the other and Rate Y comprises the outstanding payment obligations of the other party to the first party“Rate Change Annex”means, in relation to a change in the rate used for the calculation of PAI and Price Alignment Amount and for purposes of constructing the Clearing House’s zero coupon yield curves under 1.7.2 of Section 2C of the Procedures to calculate the net present value of Impacted SwapClear Contracts, any annex to the Procedures identified by the Clearing House in the related Rate Change Notice as being the “Rate Change Annex” applicable to such change“Rate Change Effective Date”means, in relation to a change in an interest rate identified in a Rate Change Notice, the date on which such change shall take effect, as identified in the related Rate Change Notice

Put Currency Amount means, in relation to a ForexClear Option Transaction or ForexClear Option Contract, as applicable, the amount specified as such in the ForexClear Option Contract Terms evidencing such ForexClear Option Transaction orForexClear Option Contract, as applicable"Quarter Start Date"has the meaning assigned to it in Regulation 60A(c)"Rate X" and Rate "Y"means, in relation to a SwapClear Transaction or a SwapClear Contract, the outstanding payment obligations of each party to the transaction, such that Rate X comprises the outstanding payment obligations of one party to the other and Rate Y comprises the outstanding payment obligations of the other party to the first party"Rates Exchange"means any trading platform approved as such from time to time by the Clearing House in respect of the Listed Interest Rates Service"Rates Exchange Match"means, in respect of a Rates Exchange, a match made on such Rates Exchange of Rates Exchange Particulars submitted by, or on behalf of, Listed Interest Rates Clearing Members, which is made either: (i) other than through an order book of the Rates Exchange; or(ii) through an order book of the Rates Exchange, and in each case:(a) which the Clearing House and the Rates Exchange have agreed will be cleared in accordance with, and subject to, the Rates Exchange Rules and the Rulebook via the Listed Interest Rates Open Offer clearing mechanism (and not via novation under Regulation 109); and (b) regardless of whether such match is described or characterised as a trade, transaction or agreement in the relevant Rates Exchange Rules"Rates Exchange Particulars"means the orders or trade particulars, in respect of a Listed Interest Rates Eligible Product, submitted to a Rates Exchange in accordance with the relevant Rates Exchange Rules by, or on behalf of, a Listed Interest Rates Clearing Member

Put Currency Amount means the aggregate amount of Put Currency to be sold upon the exercise of a Transaction as specified in the relevant Confirmation or, if such amount is not specified, the Call Currency Amount divided by the Strike Price (where the Strike Price is expressed as the amount of Call Currency to be paid per one unit of Put Currency).

Examples of Put Currency Amount in a sentence

• Unless otherwise stated in a Confirmation, a currency option which has not otherwise been exercised is deemed to have been exercised at the Expiration Time where the in-the-money amount of the currency option transaction equals or exceeds the product of one percent of the Strike Price multiplied by the Call Currency Amount or the Put Currency Amount (as appropriate).

• For a Deliverable Barrier Option Type, parties should specify either (i) a Call Currency Amount and a Put Currency Amount or (ii) a Strike Price and either a Call Currency Amount or a Put Currency Amount.

• For a Non-Deliverable Barrier Option Type, parties should specify either a Call Currency Amount or a Put Currency Amount and a Strike Price.

• The terms of the Transaction to which this Confirmation relates are as follows:Trade Date: Seller: Currency Option Style: European Knock-Out1 OptionCall Currency and Call Currency Amount: Strike Price:Buyer: Put Currency and Put Currency Amount: Out-Strike Price2:1For Knock-In Option, amend description accordingly.2For Knock-In Option, amend accordingly to In-Strike Price.

• Trade Date:14/01/2019Call Currency and Call Currency Amount per expiry:€1,000,000Currency Option Type:EUR Call / GBP PutPut Currency and Put Currency Amount per expiry:£920,000Strike Rate:0.92 (€/£)Expiration Date:15/04/ 2019 Intended retail investor: This product is intended for retail investors for the purpose of hedging foreign exchange risk for non-speculative purposes.Term: The Expiration Date of the FX EUR Call GBP Put will be agreed with BOI before you enter into the FX Put Option.

More Definitions of Put Currency Amount

Put Currency Amount means the aggregate amount of Put Currency to be sold upon the exercise (or deemed exercise) of the FX Option Transaction specified in the Confirmation.

Put Currency Amount means, in relation to a ForexClear Option Transaction or ForexClear Option Contract, as applicable, the amount specified as such in the ForexClear Option Contract Terms evidencing such ForexClear Option Transaction or ForexClear Option Contract, as applicable

Put Currency Amount means the amount of the Put currency to be sold on exercise of the Option as set out in the related Option Confirmation;

Put Currency Amount means the amount of Put Currency to be sold by the Buyer upon the exercise of the Option.

Put Currency Amount means the amount of the put currency to be sold upon the exercise of the Option as specified in the related Trade Contract Terms.

Put Currency Amount means, in relation to a ForexClear Option Transaction,

Put Currency Amount means the amount specified as such in the relevant Confirmation. Redraw means to withdraw any extra payments you have made to a Facility over and above your Scheduled Repayments and any other payments you are required to make under the Agreement.