Template:2006 ISDA Definitions Calculation, Currency and Notional Amount: Difference between revisions
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Latest revision as of 15:12, 30 April 2024
Section 4.6. Currency Amount. “Currency Amount” means, in respect of a party and any Calculation Period for a Swap Transaction involving more than one currency, the amount specified as such for the Swap Transaction or that party.
Section 4.7. Notional Amount. “Notional Amount”:
- (a) means, in respect of a party and any Calculation Period for a Swap Transaction involving one currency other than an Option Transaction, the amount specified as such for the Swap Transaction; and
- (b) in respect of any Option Transaction, has the meaning set forth in Section 12.5 (Notional Amount for Option Transactions).
Section 4.8. Calculation Amount. “Calculation Amount” means, in respect of a Swap Transaction and a party, the applicable Notional Amount or Currency Amount, as the case may be.