Day Count Fraction" means, in respect of any calculation of a Fixed Amount, the Fixed Rate Day Count Fraction specified for the Swap Transaction or the Fixed Rate Payer. ARTICLE 6 FLOATING AMOUNTS Section 6.1. Calculation of a Floating Amount. Subject to the provisions of Section 6.4 (Negative Interest Rates), th

utomatically satisfied and discharged; (ii) negative and the Swap Transaction is a forward rate transaction, the Floating Rate Payer shall pay to the Fixed Rate Payer the absolute value of the FRA Amount instead of the Floating Amount on the Payment Date in respect of that Calculation Period and the Fixed Rate Pa

tion. (d) Underlying Payer Swap. "Underlying Payer Swap" means, in respect of a Swaption Straddle, a Swap Transaction in respect of which Buyer is the Fixed Rate Payer. (c) Underlying Receiver Swap. "Underlying Receiver Swap" means, in respect of a Swaption Straddle, a Swap Transaction in respect of which Buyer i

(B) the amounts payable by the Fixed Rate Payer under the Relevant Swap Transaction. The discount factors used to calculate such present value will be calculated from a current zero coupon curve