Floating Rate Amount definition

Floating Rate Amount means the amount that the Option Writer is required to pay to the Option Purchaser on exercise of the Interest Rate Option depending on the Notional Amount and the Floating Rate.
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Floating Rate Amount means, in relation to any Special Rate Advance and any Interest Period, the amount of interest (excluding Margin and Mandatory Costs) that would have been payable on the principal amount of such Special Rate Advance on the relevant Interest Payment Date if interest were to accrue on the basis of LIBOR (and not at the Special Rate) on such Special Rate Advance, such amount being calculated by the Facility Agent in accordance with Clause 8.1 (Calculation of interest).
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Floating Rate Amount means, in respect of an Interest Period, an amount (which may be a positive or negative amount) equal to the Deposit Interest Amount with respect to that Interest Period.
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Examples of Floating Rate Amount in a sentence

  • Accordingly, on such Party A Floating Rate Payer Payment Date, Party A shall pay the Party A Floating Rate Amount as well as the Additional Party A Amount.

  • The obligation of Party A to pay the Party A Floating Rate Amount on any Party A Floating Rate Payer Payment Date will be increased by an amount (the "ADDITIONAL PARTY A AMOUNT") equal to the Party A Floating Rate Amount otherwise payable on such Party A Floating Rate Payer Payment Date (prior to any adjustment thereof in accordance with this Section 3.2) multiplied by the Increase Ratio.

  • The obligation of Party A to pay the Party A Floating Rate Amount on any Party A Floating Rate Payer Payment Date will be reduced by an amount equal to the Party A Floating Rate Amount otherwise payable on such Party A Floating Rate Payer Payment Date (prior to any adjustment thereof in accordance with this Section 3.2) multiplied by the Reduction Ratio.

  • The "REDUCTION RATIO" is a fraction equal to: Deferred Interest Amount -------------------------------- Aggregate Party B Payment Amount The "AGGREGATE PARTY B PAYMENT AMOUNT" is equal to the Party B Floating Rate Amount, before any adjustment thereof in accordance with the terms of the provisions of this Section 3.2, that would otherwise have been payable on such Party B Floating Rate Payer Payment Date.

  • Accordingly, on such Party B Floating Rate Payer Payment Date, Party B shall pay the Party B Floating Rate Amount that would otherwise have been calculated for that Party B Floating Rate Payer Payment Date as well as any Additional Party B Amount.

  • The obligation of Party A to pay the Party A Floating Rate Amount on any Party A Floating Rate Payer Payment Date will be increased by an amount (the "Additional Party A Amount") equal to the Party A Floating Rate Amount otherwise payable on such Party A Floating Rate Payer Payment Date (prior to any adjustment thereof in accordance with this Section 3.2) multiplied by the Increase Ratio.

  • The "REDUCTION RATIO" is a fraction equal to: Deferred Interest Amount ----------------------------------------------- Aggregate Party B Payment Amount The "AGGREGATE PARTY B PAYMENT AMOUNT" is equal to the Party B Floating Rate Amount, before any adjustment thereof in accordance with the terms of the provisions of this Section 3.2, that would otherwise have been payable on such Party B Floating Rate Payer Payment Date.

  • The "REDUCTION RATIO" is a fraction equal to: Deferred Interest Amount ----------------------------------- Aggregate Party B Payment Amount The "AGGREGATE PARTY B PAYMENT AMOUNT" is equal to the Party B Floating Rate Amount, before any adjustment thereof in accordance with the terms of the provisions of this Section 3.2, that would otherwise have been payable on such Party B Floating Rate Payer Payment Date.

  • Party A Second Floating Rate Amount: In the event that this Transaction is terminated prior to the Termination Date of the Reference Transaction, the excess, if any, of (x) the Settlement Amount paid by Party B to Party A in respect of this Transaction, over (y) the aggregate amount paid by Party A to the Reference Counterparty pursuant to the Reference Transaction from and including the Early Termination Date of this Transaction to the Termination Date of the Reference Transaction.

  • Survival: The provisions regarding the Party A Second Floating Rate Amount and the Party A Second Floating Rate Amount Payment Date shall survive the termination of this Transaction.


More Definitions of Floating Rate Amount

Floating Rate Amount means, in respect of each Class of Notes, the floating rate payments payable under (i) the relevant Principal Protection Swap by the Swap Counterparty to the Issuer on or before the relevant Maturity Date and (ii) the relevant Portfolio Return Swap by the Issuer to the Swap Counterparty on or before the relevant Maturity Date.
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Related to Floating Rate Amount

  • Floating Rate Period shall have the meaning set forth in Section 2.05(b) hereof.

  • CB Floating Rate means the Prime Rate; provided that the CB Floating Rate shall never be less than the Adjusted One Month LIBOR Rate on such day (or if such day is not a Business Day, the immediately preceding Business Day). Any change in the CB Floating Rate due to a change in the Prime Rate or the Adjusted One Month LIBOR Rate shall be effective from and including the effective date of such change in the Prime Rate or the Adjusted One Month LIBOR Rate, respectively.

  • Floating Rate Interest Period means the period from (and including) a Floating Rate Interest Payment Date (or the Call Date, in the case of the initial Floating Rate Interest Period) to (but excluding) the next succeeding Floating Rate Interest Payment Date.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.