How is 'Fixed Amount' defined in a legal contract?
- Fixed Amount means a value that is assigned for a given term in accordance with a specific [clause]. Seen in 29 SEC filings.
- Fixed Amount means an amount that is equal to the fixed amount that an issuer is to pay to a swap counterparty. This payment is calculated for a specific payment date as per the guidelines of an interest rate swap. Seen in 25 SEC filings.
- Fixed Amount means the applicable dollar amounts specified in a [clause]. Seen in 22 SEC filings.
- Fixed Amount means an amount of payment equal to the fixed amount. This amount includes any termination payment by derivative counterparty to the issuer. The amount is calculated pursuant to the derivative agreement on the termination of this agreement. Seen in 20 SEC filings.
- Fixed Amount means an amount equal to the product of the Notional Quantity per Determination period and the Fixed Price. Seen in 17 SEC filings.
- Fixed Amount means the amount specified in the applicable Final Terms. Seen in 17 SEC filings.
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
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Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Fixed Amount means a predetermined, specific sum payable according to applicable terms.
Relevant Contract Types
Relevant Circumstances
- Contracts requiring advance payments
- Transactions where set costs are involved
- Scenarios where risk needs to be minimized
Relevant Sectors
Genie Definition 2
- Fixed Amount means an amount equal to the product of Notional Quantity and Fixed Price.
Relevant Contract Types
Relevant Circumstances
- Contracts where payments are indexed to the market rates
- Scenarios involving hedging or risk management
Relevant Sectors
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Fixed Amount means a predetermined, specific sum payable according to applicable terms
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