Interest Amount - NY CSA Provision

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In a Nutshell Section Interest Amount:

Template:Nutshell 1994 NY CSA Interest Amount view template

1994 New York law CSA full text of Section Interest Amount:

Interest Amount” means, with respect to an Interest Period, the aggregate sum of the amounts of interest calculated for each day in that Interest Period on the principal amount of Posted Collateral in the form of Cash held by the Secured Party on that day, determined by the Secured Party for each such day as follows:

(x) amount of thatCash on that day; multiplied by
(y) the Interest Rate in effect for that day; divided by
(z) 360.

view template

Related Agreements
Click here for the text of Section Interest Amount in the 2016 New York law CSA
Click here for the text of Section Interest Amount in the 1995 English Law CSA
Click here for the text of Section Interest Amount in the 2016 English Law VM CSA
Comparisons
Template:2nycsadiff Interest Amount
Template:Nycsadiff Interest Amount
Template:Csadiff Interest Amount


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Differences between CSA versions

Template:Nycsa capsule Interest Amount