An amount equal to: Difference between revisions

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{{a}}Excellent [[celery]] that will fill out any drafting that looks a bit thin. It may look like — and is, truth be told — a pointless [[nominalisation]]<ref>in that it converts the strong verb “equals” to the weak verb "is" and the noun “an amount equal to”.</ref>, but this will not stop [[Mediocre lawyer|assiduous attorneys]]  defending it with their miserable little lives:
{{g}}Excellent [[celery]] that will fill out any drafting that looks a bit thin. It may look like — and is, truth be told — a pointless [[nominalisation]]<ref>in that it converts the strong verb “equals” to the weak verb "is" and the noun “an amount equal to”.</ref>, but this will not stop [[Mediocre lawyer|assiduous attorneys]]  defending it with their miserable little lives:


:''“...on each Payment Date the Floating Amount [[shall]],  [[unless otherwise agreed]], be reduced by '''[[an amount equal to]]''' such rate as the [[Calculation Agent]] [[and/or]] [[Determination Agent]], [[as the case may be]], shall calculate or determine, [[as the case may be]], to be the Floating Rate Payer’s unadjusted cost of funding.” ''  
:''“...on each Payment Date the Floating Amount [[shall]],  [[unless otherwise agreed]], be reduced by '''[[an amount equal to]]''' such rate as the [[Calculation Agent]] [[and/or]] [[Determination Agent]], [[as the case may be]], shall calculate or determine, [[as the case may be]], to be the Floating Rate Payer’s unadjusted cost of funding.” ''