Common use of Floating Amounts Clause in Contracts

Floating Amounts. Floating Rate Payer: Chase. Floating Rate Payer Period End Dates and Payment Dates: Same as Fixed Rate Payer Period End Dates and Payment Dates. Accrues from and including June 2, 2000, to but excluding, June 15, 2000, with Adjustment of Period End Dates. Floating Rate Payer Initial Accrues from and including June 2, 2000, to but Calculation Period: excluding, June 15, 2000, with Adjustment of Period End Dates. Floating Rate Option USD-LIBOR-BBA Designated Maturity One Month Spread: 0.19% Floating Rate Day Count Actual /360 Fraction: Reset Dates: Two Business Days prior to the first day of each Calculation Period. Floating Rate Option For Initial Calculation Period: One-month LIBOR Business Days: New York. Calculation Agent: Chase, except as otherwise provided in the Agreement.

Appears in 1 contract

Sources: Master Agreement (Ikon Receivables LLC)

Floating Amounts. Floating Rate Payer: Chase. Floating Rate Payer Period End Dates and Payment Dates: Same as Fixed Rate Payer Period End Dates and Payment Dates. Accrues from and including June 2, 2000, to but excluding, June 15, 2000, with Adjustment of Period End Dates. Floating Rate Payer Initial Accrues from and including June 2, 2000, to but Calculation Period: excluding, June 15, 2000, with Adjustment of Period End Dates. Floating Rate Option USD-LIBOR-BBA Designated Maturity One Month Spread: 0.190.23% Floating Rate Day Count Actual /360 Fraction: Reset Dates: Two Business Days prior to the first day of each Calculation Period. Floating Rate Option For Initial Calculation Period: One-month LIBOR Business Days: New York. Calculation Agent: Chase, except as otherwise provided in the Agreement.

Appears in 1 contract

Sources: Master Agreement (Ikon Receivables LLC)