Swap Value definition

Swap Value means, with respect to the Early Valuation Date, an amount determined by the Calculation Agent in EUR equal to the Early Termination Amount (as defined in the Swap Agreement) of the Swap Agreement that would be payable by the Issuer to the Swap Counterparty or by the Swap Counterparty to the Issuer, under the Swap Agreement upon a termination, on the Early Valuation Date, of the Swap Agreement. Such Early Termination Amount shall be determined on the basis that:
Sample 1Sample 2Sample 3
Swap Value means, in respect of each Index Business Day, an amount, as determined by the Calculation Agent in respect of such Index Business Day in USD equal to the Index Profit Amount.
Sample 1Sample 2
Swap Value means the value to the Issuer, as at the Disruption Termination Date (which may be zero, but not negative) of a hypothetical swap transaction between the Issuer and the Swap Counterparty on the same terms as applicable to the Swap Transaction but pursuant to which the only payment or delivery obligation is the obligation of the Swap Counterparty to make a payment to the Issuer, on each Interest Payment Date, the Party A Interim Exchange Amount (as defined in the Confirmation to the Swap Transaction) (but for the occurrence of the Disruption Termination Event payable by Swap Counterparty to the Issuer on each Party A Interim Exchange Amount Payment Date. For the avoidance of doubt, none of the other payment obligations in respect of the Swap Transaction, nor the collateral arrangements in respect of the Swap Transaction, shall be considered for the purposes of calculating the Swap Value, and the Swap Value shall not be determined by reference to the Early Termination Amount of the Swap Transaction.The amounts, values and costs referenced above shall be determined by the Calculation Agent in its sole and absolute discretion by reference to such factors as it sees fit, including, without limitation: (i) Hedging Arrangements, unwind and termination costs, commissions, fees and any arrangements that the Hedging Party has entered into with third parties; (ii) factors attributable to any Adjustment Disruption Events that have occurred and continuing as at the Disruption Termination Date; and (iii) any of the following factors (without duplication):(W) the Reference Level on the Disruption Termination Date, adjusted to reflect any notional unredeemed (or otherwise unredeemed) assets, and any shortfall from redemption or realisation proceeds that would be received by a hypothetical investor in the Index divided by the Reference Level on the Initial Valuation Date (provided that, to the extent that there are any unredeemed or unrealised assets as at the Disruption Termination Date, a value of zero shall be assigned to these assets);(X) market variables including interest rates, exchange rates, prices, yields, yield curves, spreads, correlations, implied volatility or other relevant market data in the relevant market;(Y) costs of funding to the Swap Counterparty and the Hedging Party; and/or(Z) costs to the Swap Counterparty and the Hedging Party of amending or unwinding any related Hedging Arrangements.
Sample 1

Examples of Swap Value in a sentence

  • By placing orders through the Company’s Dealing Room, the Client agrees to such immediate execution and accepts the risk of this immediate execution feature.Costs, Swap Value and Other Considerations.

  • Such limited recourse nature could result in a lower Swap Value than would otherwise be the case absent limited recourse.

  • For the purpose of determining the Swap Value, the Calculation Agent shall take into account the fact that the Swap Counterparty's claim against the Issuer under any replacement transaction would be limited in recourse to the prevailing market value of the Collateral at that time.

  • For the purpose of determining the Partial Swap Value and/or, if applicable, the Shortfall Partial Swap Value, the Calculation Agent shall take into account the fact that the Swap Counterparty’s claim against the Issuer under any replacement transaction would be limited in recourse to the prevailing market value of the relevant amount of the Mortgaged Property at that time.

  • For the purposes of the Additional CLN Conditions Product Supplement and, in particular, the definitions of "Affected Swap Value" and "Early Cash Redemption Amount", this Transaction comprises both the Related Swap and the CDS.

  • The Restructuring Affected Swap Value and the Restructuring Credit Event Loss Amount shall be determined separately in respect of each such Exercised Percentage.

  • The Restructuring Affected Swap Value and the Restructuring Credit Loss Amount shall be determined separately in respect of each such Exercised Percentage.

  • References in Part 5(o) of the Schedule to the Agreement to "Confirmation" shall be construed as a reference to this Confirmation only and, for the avoidance of doubt, shall not include the Credit Support Annex.For the purposes of the Additional CLN Conditions Product Supplement and, in particular, the definitions of "Affected Swap Value" and "Early Cash Redemption Amount", this Transaction comprises both the Related Swap and the CDS.

  • The Housing, Communities and Local Government Select Committee also recommended capping major works bills at £10,000 over a rolling five-year period to help minimise large one-off bills.

  • Such Total Return Swap Value (or constituent thereof) shall (if applicable) be converted by the Determination Agent into the Note Currency at the Note Spot Rate prevailing on the second Strategy Business Day (the "Final Unwind Date") following the last date that the applicable NAV per Fund Strategy Unit is determined in respect of such redemption of 92.5 per cent.


More Definitions of Swap Value

Swap Value means the aggregate amount payable by EMYC (or EMYC Sub) in shares of TERG Common Stock as consideration for the swap of the Swapped Securities by Renova in connection with the Closing, which shall be the sum of the Salvador Swap Value and the Closing Holdco Swap Value.
Sample 1
Swap Value means, with respect to the Valuation Date, an amount determined by the Calculation Agent in EUR equal to the Early Termination Amount (as defined in the Swap Agreement) of the Swap Agreement (but excluding any Unpaid Amounts relating to the Credit Support Balance(s) (if any) of the Issuer and the Swap Counterparty under the Credit Support Annex) that would be payable by the Issuer to the Swap Counterparty or by the Swap Counterparty to the Issuer, under the Swap Agreement upon a termination, on the Valuation Date, of the Swap Agreement. In the event that it is impossible or otherwise impractical to satisfy the payment of the Post-Event Amount by delivery of the above, the payment of the Post-Event Amount shall be satisfied by payment of the cash equivalent of the above. Such Early Termination Amount shall be determined on the basis that:
Sample 1
Swap Value means, on any Scheduled Valuation Day, the value of the Swap Transaction as determined in accordance with Part 5(ff) (Determination of Swap Value in respect of each Transaction) of the schedule to the Swap Agreement.
Sample 1

Related to Swap Value

  • Mid-Swap Rate means, in relation to a Reset Determination Date and subject to Condition 4(b)(ii), either:

  • S&P Value means, on any date and with respect to any Eligible Collateral other than Cash, the product of (A) the bid price obtained by the Valuation Agent for such Eligible Collateral and (B) the S&P Valuation Percentage for such Eligible Collateral set forth in paragraph 13(b)(ii).

  • Swap Termination Value means, in respect of any one or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender).

  • Swap Receipt Amount Swap Termination Payment"

  • Swap Exposure means, as at any relevant date, the amount certified by the Swap Bank to the Agent to be the aggregate net amount in Dollars which would be payable by the Borrower to the Swap Bank under (and calculated in accordance with) section 6(e) (Payments on Early Termination) of the Master Agreement if an Early Termination Date had occurred on the relevant date in relation to all continuing Designated Transactions entered into between the Borrower and the Swap Bank;

  • Swap Rate means a charge by the Company for the interest cost and associated costs (positive or negative) incurred in relation to the overnight rollover (s) of an open position;

  • Fixed Swap Payment With respect to any Distribution Date, a fixed amount equal to the related amount set forth in the Interest Rate Swap Agreement.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Floating Swap Payment With respect to any Distribution Date on or prior to the Distribution Date in January 2010, an amount equal to the product of (x) Swap LIBOR, (y) the Swap Agreement Notional Balance for that Distribution Date and (z) a fraction, the numerator of which is equal to the number of days in the related calculation period as provided in the Swap Agreement and the denominator of which is 360.

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period:

  • REMIC Swap Rate For each Distribution Date (and the related Accrual Period), a per annum rate equal to the product of: (i) the “Rate of Payment (%)” under the Swap Agreement for such Distribution Date, as set forth in Annex D to the Prospectus Supplement, (ii) 2, and (iii) the quotient of (a) the actual number of days in the related Accrual Period divided by (b) 30.

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Hedge Termination Value means, in respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender).

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • Transaction Value means the actual contract value (the bid sum or price) in South African currency, inclusive of all applicable taxes in respect of the goods, services or construction works that are contracted for.

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Acquisition Value of the Common Stock means, for each Trading Day in the Valuation Period, the value of the consideration paid per share of Common Stock in connection with such Public Acquirer Change of Control, as follows:

  • 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;

  • Securitization Value means, with respect to any 20[•]-[•] Lease, the value calculated by the Servicer equal to, (i) as of its Maturity Date, the Base Residual and (ii) as of any date other than its Maturity Date, the sum of the present value, discounted at the Securitization Rate, of (a) the aggregate Monthly Payments remaining to be made and (b) the Base Residual.

  • Yield Reserve Percentage means at any time of determination:

  • Net Swap Payment With respect to each Distribution Date, the net payment required to be made pursuant to the terms of the Swap Agreement by either the Swap Provider or the Swap Administrator, which net payment shall not take into account any Swap Termination Payment.

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).

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

  • Net Xxxx-to-Market Exposure of a Person means, as of any date of determination, the excess (if any) of all unrealized losses over all unrealized profits of such Person arising from Rate Management Transactions. “Unrealized losses” means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Liquidity Amount means, as of any date of determination, the sum of (a) the Aggregate Borrowing Availability as of such date and (b) the Unrestricted Cash Amount as of such date.