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Amwelladmin (talk | contribs) (Created page with "4.4 Calculation Amount. :4.4.1 '''{{isda2021defsprov|Calculation Amount}}'''. “'''{{isda2021defsprov|Calculation Amount}}'''” means the applicable {{isda2021defsprov|Notional Amount}} or {{isda2021defsprov|Currency Amount}}, as the case may be. :4.4.2 '''{{isda2021defsprov|Notional Amount}}'''. “'''Notional Amount'''” means: ::(i) in respect of a Transaction involving one currency, other than an {{isda2021defsprov|Option Transaction}} or a Transaction in which...") |
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4.4 Calculation Amount. | {{isda2021defsprov|4.4}} '''{{isda2021defsprov|Calculation Amount}}'''. | ||
:4.4.1 '''{{isda2021defsprov|Calculation Amount}}'''. “'''{{isda2021defsprov|Calculation Amount}}'''” means the applicable {{isda2021defsprov|Notional Amount}} or {{isda2021defsprov|Currency Amount}}, as the case may be. | :{{isda2021defsprov|4.4.1}} '''{{isda2021defsprov|Calculation Amount}}'''. “'''{{isda2021defsprov|Calculation Amount}}'''” means the applicable {{isda2021defsprov|Notional Amount}} or {{isda2021defsprov|Currency Amount}}, as the case may be. | ||
:4.4.2 '''{{isda2021defsprov|Notional Amount}}'''. “'''Notional Amount'''” means: | :{{isda2021defsprov|4.4.2}} '''{{isda2021defsprov|Notional Amount}}'''. “'''{{isda2021defsprov|Notional Amount}}'''” means: | ||
::(i) in respect of a Transaction involving one currency, other than an {{isda2021defsprov|Option Transaction}} or a Transaction in which “{{isda2021defsprov|Optional Early Termination}}” applies, the amount specified as such for the Transaction; and | ::(i) in respect of a Transaction involving one currency, other than an {{isda2021defsprov|Option Transaction}} or a Transaction in which “{{isda2021defsprov|Optional Early Termination}}” applies, the amount specified as such for the Transaction; and | ||
:: (ii) in respect of any {{isda2021defsprov|Option Transaction}} or a Transaction to which “{{isda2021defsprov|Optional Early Termination}}” applies: | :: (ii) in respect of any {{isda2021defsprov|Option Transaction}} or a Transaction to which “{{isda2021defsprov|Optional Early Termination}}” applies: | ||
:::(a) if the {{isda2021defsprov|Underlying Transaction}} or the Transaction, as appropriate, involves one currency, the amount specified as the {{isda2021defsprov|Notional Amount}} of the {{isda2021defsprov|Underlying Transaction}} or the Transaction, as appropriate; | :::(a) if the {{isda2021defsprov|Underlying Transaction}} or the {{isda2021defsprov|Transaction}}, as appropriate, involves one currency, the amount specified as the {{isda2021defsprov|Notional Amount}} of the {{isda2021defsprov|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, | :::(b) if the {{isda2021defsprov|Underlying Transaction}} or the {{isda2021defsprov|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 (''{{isda2021defsprov|Mark-to-Market Currency Swaps}}'') for amortizing or increasing the {{isda2021defsprov|Notional Amount}} or {{isda2021defsprov|Currency Amount}}, as applicable. | :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 (''{{isda2021defsprov|Mark-to-Market Currency Swaps}}'') for amortizing or increasing the {{isda2021defsprov|Notional Amount}} or {{isda2021defsprov|Currency Amount}}, as applicable. |