This is the content of an email: for "Cash Settlement Amount": If for any Determination Period, the Floating Price is less than or equal to the Strike Price, an amount equal to the product of (i) the Notional Quantity per Determination Period multiplied by (ii) the excess of the Strike Price over the Floating Price, which amount shall be due and payable by the Seller on the applicable Payment Date for such Determination Period. P.S. Melissa: In the future, send me the deal ticket for review.
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Puget Sound - put language (remainder of confirm has been faxed to you)