Rounding Convention definition

Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of the Rounding Amount, then the amount to be so matched will be rounded down to the nearest Rounding Amount. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated in amounts equal to the Rounding Amount one at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, Rounding Amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators. Any residual amounts which are in aggregate less than the Rounding Amount shall be disregarded.

Rounding Convention means that, if a Participating Bidder’s order is matched in an amount that is not an integral multiple of US$100,000, then the amount to be so matched will be rounded down to the nearest US$100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated US$100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, US$100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators.

Rounding Convention. The simple arithmetic mean of rates expressed as a percentage rounded to five decimal places. Calculation Agent: The Seller

Examples of Rounding Convention in a sentence

• Compounding: Inapplicable Rounding Convention: 5 decimal places per the ISDA Definitions.

• Compounding: Inapplicable Averaging: Inapplicable Method of Averaging: Rounding Convention: 5 decimal places as per ISDA Business Days: New York and London Documentation: * This confirmation supplements, forms part of, and is subject to, the ISDA master agreement dated as of 26 Dec 96 between the parties, as amended and supplemented from time to time (the "Agreement").

• Party B Floating Rate Day Count Fraction: Actual/365(Fixed) Rounding Convention: Rounded to the nearest penny Initial Exchange: Initial Exchange Date: Effective Date Party A Initial Exchange Amount: GBP [o] Party B Initial Exchange Amount: USD [o] Interim Exchange: Interim Exchange Dates: Each Quarterly Interest Payment Date (other than the Termination Date) on which any of the Series [1/2] Class [B/C] Second Issuer Notes are redeemed in whole or in part.

• Party B Floating Rate Day Count Fraction: Actual/365(Fixed) Rounding Convention: Rounded to the nearest penny Initial Exchange: Initial Exchange Date: Effective Date Party A Initial Exchange Amount: GBP [o] Party B Initial Exchange Amount: USD [o] Interim Exchange: Interim Exchange Dates: Each Quarterly Interest Payment Date (other than the Termination Date) on which any of the Series [2/4] Class A Second Issuer Notes are redeemed in whole or in part.

• Section 1.1. Definitions 2 Section 1.2. Assumptions as to Pledged Obligations 97 Section 1.3. Interest Calculation Convention 99 Section 1.4. Rounding Convention 99 Section 1.5. Servicing Override 99 ARTICLE 2.

More Definitions of Rounding Convention

Rounding Convention. Rounded to the nearest penny Initial Exchange: Initial Exchange Date: Xxxxxtive Date Party A Initial Exchange Amount: GBP o

Rounding Convention. Rounded to the nearest cent Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts:

Rounding Convention. Rounded to the nearest penny Reset Dates: The first day xx xach Calculation Period Initial Exchange: Initial Exchange Date: _________, 2002 Party A Initial Exchange Amount: Party B Currency Amount Party B Initial Exchange Amount: Party A Currency Amount Final Exchange: Final Exchange Date: Termination Date

Rounding Convention means that, if a Participating Bidder's order is matched in an amount that is not an integral multiple of EUR100,000, then the amount to be so matched will be rounded down to the nearest EUR100,000. The difference between the total amounts of all orders having been filled Pro Rata and the total of all rounded down amounts will be allocated EUR100,000 at a time to Participating Bidders in order, beginning with the Participating Bidder with the order stating the largest Quotation Amount at the same price. In the event that there are Participating Bidders with identical orders of such type, EUR100,000 amounts will be allocated first to the Participating Bidder whose orders were received first by the Administrators.

Rounding Convention. The simple arithmetic mean of rates expressed as a percentage rounded to five decimal places.

Rounding Convention. Rounded to the nearest penny Reset Dates: First day of each Cxxxxxation Period

Rounding Convention. Rounded to the nearest cent Reset Dates: The first day of each Calculation Period Party A Floating Rate Day Count Fraction: Actual/360 Party B Floating Amounts: