Party A Floating Amount definition

Party A Floating Amount means a Party A Floating Rate Payment (as defined in the Asset Swap) payable by the Swap Counterparty pursuant to the Asset Swap.

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Party A Floating Amount. With respect to each Reference Obligation, the amount equal to the excess, if any, of (a) the aggregate Par Price of the Certificates constituting such Reference Obligation, over (b) the aggregate Auction Proceeds of the Certificates constituting such Reference Obligation.

Examples of Party A Floating Amount in a sentence

The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party A Floating Rate (excluding the Spread)) and the Party A Floating Amount due on such date will be deemed to include such amounts.
The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date will be deemed to include such amounts.
The amount so deferred on the Party A Floating Amount will be payable on the next Party A Payment Date subject to further deferral (together with an additional floating amount which shall be accrued thereon as determined by the Calculation Agent at the applicable Party A Floating Rate (excluding the Spread)) and the Party A Floating Amount due on such date will be deemed to include such amounts.
Any such amount so deferred on the Party A Floating Amount shall be payable on the next Party A Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date shall be deemed to include such amounts.
The amount so deferred on the Party A Floating Amount shall be payable on the next Party A Floating Amount Payment Date (together with an additional floating amount accrued thereon at the applicable Party A Floating Rate) and the Party A Floating Amount due on such date shall be deemed to include such amounts.

More Definitions of Party A Floating Amount

Party A Floating Amount set forth in Section 2.B. of the confirmation to the Swap Agreement is hereby amended and restated in its entirety as follows:

Party A Floating Amount. With respect to each Party A Floating Rate Payer Payment Date, an amount in Euros determined in accordance with the following formula: NA FR y/360 FX where, NA is the Notional Amount with respect to the Party A Floating Rate Calculation Period relating to such Party A Floating Rate Payer Payment Date; FR is the floating rate derived from the Party A Floating Rate Option with respect to such Party A Floating Rate Calculation Period, based on the Party A Floating Rate Designated Maturity, plus the Party A Floating Rate Spread; provided, however, that for the initial Party A Floating Rate Calculation Period, FR will be 3.51994%; y is the actual number of days in such Party A Floating Rate Calculation Period; and FX is the Currency Swap Exchange Rate. Party A Floating Rate Calculation Periods:-For the initial Party A Floating Rate Payer Payment Date, the period from and including the Effective Date to but excluding the initial Interest Payment Date, and for each applicable Party A Floating Rate Payer Payment Date thereafter, each Party A Floating Rate Calculation Period will be the period from and including the previous Interest Payment Date to but excluding the current Interest Payment Date. Party A Floating Rate Period End Dates:-The last day of each Party A Floating Rate Calculation Period. Party A Floating Rate Reset Dates:-Means, with respect to the initial Party A Floating Rate Payer Payment Date, the Effective Date, and with respect to each Party A Floating Rate Payer Payment Date thereafter, the first day of the related Party A Floating Rate Calculation Period. Party A Floating Rate Designated Maturity:-For each applicable Party A Floating Rate Payer Payment Date, three months; provided, however, that for each Party A Floating Rate Payer Payment Date following an Acceleration Event with respect to the Class A Notes, one month. Party A Floating Rate Day Count Fraction:-Actual/360.

Party A Floating Amount. The amount equal to the greater of (a) the product of (i) the average daily outstanding "Invested Amount" under and as defined in the Face Amount Certificate Agreement during the most recently ended Settlement Period or on such Business Day, as applicable, and (ii) the sum of (x) the applicable One-Month LIBOR under and as determined in accordance with the terms of the Face Amount Certificate Agreement for the Settlement Period most recently ended or on each day since the last Party A Payment Date (under this clause A), as applicable and (y) 0.25% per annum, or (b) the aggregate amount payable to or for the account of Party B, the Portfolio Manager, the Custodian or the Funding Agent, for its benefit or the benefit of the Certificateholders, for application to any obligations of Party B described in clauses (1) through (4), (6) and (7) of subsection 5(b) of the Investment Management Agreement on such Settlement Date or Business Day, as applicable. Provided, however, that the Party A Floating Payment Dates and the Party A Floating Amount described above are subject to Section 3 below.

Party A Floating Amount. If the ratio, expressed as a percentage and determined as of the preceding Business Day (such percentage, the "Value Percentage"), of (i) the sum of the aggregate Fair Market Value of the Portfolio on such date plus any free cash balances on deposit in the Custodial Account on such date, to (ii) the outstanding "Invested Amount" under and as defined in the Face Amount Certificate Agreement on such date, is less than 100%, then an amount equal to the "Shortfall Amount" under and as defined in the Investment Management Agreement, or (b) if the Value Percentage is greater than or equal to 100%, then zero; PROVIDED, HOWEVER, that the references to "100%" in this definition shall be "98.5%" until the earlier to occur of (i) a Forbearance Termination Date or (ii) the delivery of a Replacement Total Return Swap to the Agent executed by a counterparty that satisfies the definition of a Guaranty Party. PROVIDED, HOWEVER, that the Party A Floating Payment Dates and the Party A Floating Amount described above are subject to Section 3 below.

Party A Floating Amount means a Party A Floating Rate Payment (as defined in the Asset Swap) payable

Party A Floating Amount. The Shortfall Amount, if any. Provided, however, that the Party A Floating Payment Dates and the Party A Floating Amount described above are subject to Section 3 below.

Party A Floating Amount. IA x FR x Actual/360, where: IA is the aggregate Invested Amount for all Class A Notes as at the first day of the Interest Period ending on but excluding the relevant Floating Rate Payer Payment Date; and FR is the Party A Floating Rate Option plus the Party A Spread Provided that, if on any Floating Rate Payer Payment Date, the Manager determines, in accordance with Clause 5 of the Supplementary Terms Notice (as specified in a notice from the Manager to Party A on the relevant Quarterly Determination Date), that there are insufficient funds available for Party B to pay the Party B Floating Amount in full, then the Party A Floating Amount otherwise due on such Floating Rate Payer Payment Date shall be reduced by the same proportion as the reduction in the A$ Class [A1] Interest Amount.

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