Template:2021 ISDA Interest Rate Derivatives Definitions Calculation Amount

4.4 Calculation Amount.

4.4.1 Calculation Amount. “Calculation Amount” means the applicable Notional Amount or Currency Amount, as the case may be.

4.4.2 Notional Amount. “Notional Amount” means:

(i) in respect of a Transaction involving one currency, other than an Option Transaction or a Transaction in which “Optional Early Termination” applies, the amount specified as such for the Transaction; and

(ii) in respect of any Option Transaction or a Transaction to which “Optional Early Termination” applies:

(a) if the Underlying Transaction or the Transaction, as appropriate, involves one currency, the amount specified as the Notional Amount of the Underlying Transaction or the Transaction, as appropriate;

(b) if the Underlying Transaction or the Transaction, as appropriate, involves more than one currency, the Currency Amount in respect of the Buyer,

in each case as reduced or increased in accordance with any relevant terms set out in the Confirmation or as set out in Section 11 (Mark-to-Market Currency Swaps) for amortizing or increasing the Notional Amount or Currency Amount, as applicable.

4.4.3 Currency Amount. “Currency Amount” means, subject to Section 11.4.9 (Variable Currency Amount), in respect of a Calculation Period for a Transaction involving more than one currency, the amount specified as such [for the] Transaction or a party.