Common use of Floating Amounts Clause in Contracts

Floating Amounts. Floating Rate Payer: Party A Floating Rate Payer Payment Early Payment shall be applicable. Dates: For each Calculation Period, the Floating Rate Payer Payment Date shall be the first Business Day prior to the related Floating Rate Payer Period End Date. Floating Rate Payer Period The 25th of each month in each year End Dates: from (and including) July 25, 2006 to (and including) the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Option: USD-LIBOR-BBA.

Appears in 1 contract

Sources: Swap Transaction (CWABS Asset-Backed Certificates Trust 2006-12)

Floating Amounts. Floating Rate Payer: Party A Floating Rate Payer Payment Early Payment shall be applicable. Dates: For each Calculation Period, Dates: the Floating Rate Payer Payment Date shall be the first Business Day prior to the related Floating Rate Payer Period End Date. Floating Rate Payer Period The 25th of each month in each year End Dates: from (and including) July 25, End Dates: 2006 to (and including) the Termination Date, subject to adjustment in accordance with the Following Business Day Convention. Floating Rate Option: USD-LIBOR-BBA.

Appears in 1 contract

Sources: Swap Transaction (CWABS Asset-Backed Certificates Trust 2006-Abc1)