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od from (and including) the last Local Business Day on which an Interest Amount was Transferred (or, if no Interest Amount has yet been Transferred, the Local Business Day on which Posted Collateral in the form of Cash was Transferred to or received by the Secured Party) to (but excluding) the Local Business Day on wh
) the product of Tier I Net Open Position multiplied by Tier I Independent Amount Ratio, (b) the product of Tier II Net Open Position multiplied by Tier II Independent Amount Ratio, (c) the product of Tier 111 Net Open Position multiplied by Tier III Independent Amount Ratio, (d) the product of Tier IV Net Open Position multip
ng Party will notify the other party and the Valuation Agent (if the Valuation Agent is not the other party) not later than the close of business on the Local Business Day flollowing (X) the date that the demand la made under Paragraph 3 in the case of (I) above or (V) the date of Transfer in the case of (II) above, (2
) the product of Tier I Net Open Position multiplied by Tier I Independent Amount Ratio, (b) the product of Tier II Net Open Position multiplied by Tier II Independent Amount Ratio, (c) the product of Tier III Net Open Position multiplied by Tier III Independent Amount Ratio, (d) the product of Tier IV Net Open Position multip
od from (and including) the last Local Business Day on which an Interest Amount was Transferred (or, if no Interest Amount has yet been Transferred, the Local Business Day on which Posted Collateral in the form of Cash was Transferred to or received by the Secured Party) to (but excluding) the Local Business Day on wh
) the product of Tier I Net Open Position multiplied by Tier I Independent Amount Ratio, (b) the product of Tier 11 Net Open Position multiplied by Tier II Independent Amount Ratio, (c) the product of Tier III Net Open Position multiplied by Tier III Independent Amount Ratio, (d) the product of Tier IV Net Open Position multip
Entities connected to both the Local Business Day and Tier II Independent Amount Ratio
Foreign Exchange Transactions
ORGANIZATIONInterest Period
ORGANIZATIONConditions Precedent and Secured Party's
ORGANIZATIONthe Federal Reserve System
ORGANIZATIONIntermediary
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONthe State of New York
LOCATIONDebtor
ORGANIZATIONthe International Swaps and Derivatives Association, Inc.
ORGANIZATIONthe Substitute Credit Support
ORGANIZATIONthe Disputing Party
ORGANIZATIONthe Resolution Time
ORGANIZATIONTransfer of Posted Collateral
ORGANIZATIONTransfer of Eligible Collateral
ORGANIZATIONPosted Collateral is Transferred
ORGANIZATIONPosted Collateral or Interest Amount
ORGANIZATIONThe "Interest Rate
ORGANIZATIONOther Eligible Support or Other Posted Support
ORGANIZATIONIndependent Amount or
ORGANIZATIONthe Tier Ill Net Open Position
ORGANIZATION