82,890
edits
An amount equal to: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
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 verb “equals” to the noun “an amount equal to”, but this will not stop [[Mediocre lawyer|assiduous attorneys]] defending it with their miserable little lives: | 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 verb “equals” to 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.” | ||