Common use of Interest Amount Clause in Contracts

Interest Amount. The definition of Interest Amount shall be deleted and replaced with the following: Interest Amount means, with respect to an Interest Period and each portion of the Credit Support Balance comprised of cash in an Eligible Currency, the sum of the amounts of interest determined for each day in that Interest Period by the Valuation Agent as follows: (i) the amount of such currency comprised in the Credit Support Balance at the close of business for general dealings in the relevant currency on such day (or, if such day is not a Local Business Day, on the immediately preceding Local Business Day); multiplied by (ii) the relevant Interest Rate; divided by (iii) 360 (or in the case of Pounds Sterling, 365).

Interest Amount. The definition of Interest Amount shall be deleted and replaced with the following: Interest Amount means, with respect to an Interest Period and each portion of the Credit Support Balance comprised of cash in an Eligible Currency, the sum of the amounts of interest determined for each day in that Interest Period by the Valuation Agent as follows: (ia) the amount of such currency comprised in the Credit Support Balance at the close of business for general dealings in the relevant currency on such day (or, if such day is not a Local Business Day, on the immediately preceding Local Business Day); multiplied by (iib) the relevant Interest Rate; divided by (iiic) 360 (or in the case of Pounds Sterling, 365).

Interest Amount. The definition of Interest Amount shall be deleted and replaced with the following: Interest Amount means, with respect to an Interest Period and each portion of the Credit Support Balance comprised of cash in an Eligible Currency, the sum of the amounts of interest determined for each day in that Interest Period by the Valuation Agent as follows:: Back to Contents (i) the amount of such currency comprised in the Credit Support Balance at the close of business for general dealings in the relevant currency on such day (or, if such day is not a Local Business Day, on the immediately preceding Local Business Day); multiplied by (ii) the relevant Interest Rate; divided by (iii) 360 (or in the case of Pounds Sterling, 365).

Interest Amount. The definition of Interest Amount shall be deleted and replaced with the following: Interest Amount means, with respect to an Interest Period and each portion of the Credit Support Balance comprised of cash in an Eligible Currency, the sum of the amounts of interest determined for each day in that Interest Period by the Valuation Agent as follows: (i) the amount of such currency comprised in the Credit Support Balance at the close of business for general dealings in the relevant currency on such day (or, if such day is not a Local Business Day, on the immediately preceding Local Business Day); multiplied by (ii) the relevant Interest Rate; divided byby Back to Contents (iii) 360 (or in the case of Pounds Sterling, 365).