Common use of REPLACEMENT CURRENCY SWAP Clause in Contracts

REPLACEMENT CURRENCY SWAP. (a) If this Agreement or any Transaction under this Agreement is terminated prior to the day upon which the Class A-1 Notes are repaid in full, Party B must, subject to paragraph (b) and at the direction of the Manager, enter into one or more currency swaps which replace the Transactions under this Agreement (collectively a "REPLACEMENT CURRENCY SWAP") but only on the following conditions:

Appears in 3 contracts

Samples: Master Agreement (Crusade Management LTD), Master Agreement (Crusade Global Trust No. 2 of 2006), Master Agreement (Crusade Management LTD)

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REPLACEMENT CURRENCY SWAP. (a) If this Agreement or any Transaction under this Agreement is terminated prior to the day upon which the Class A-1 Notes are repaid in full, Party B must, subject to paragraph (b) and at the direction of the Manager), enter into one or more currency swaps which replace the Transactions under this Agreement (collectively a "REPLACEMENT CURRENCY SWAP") but only on the following conditions:

Appears in 2 contracts

Samples: Master Agreement (Crusade Management LTD), Isda Master Agreement (Crusade Global Trust No. 1 of 2007)

REPLACEMENT CURRENCY SWAP. (a) If this Agreement or any Transaction under this Agreement which is a currency swap is terminated prior to the day upon which the Class A-1 A Notes are repaid redeemed in full, Party B must, subject to paragraph (b) and ), at the direction of the Manager, enter into one or more currency swaps which replace the Transactions under this Agreement (collectively collectively, a "REPLACEMENT CURRENCY SWAP") but only on under the following conditions:

Appears in 2 contracts

Samples: The Master Agreement (Me Portfolio Management LTD), The Master Agreement (Me Portfolio Management LTD)

REPLACEMENT CURRENCY SWAP. (a) If this Agreement or any Transaction under this Agreement is terminated prior to the day upon which the [Class A-1 A-1] Notes are repaid in full, Party B must, subject to paragraph (b) and at the direction of the Manager, enter into one or more currency swaps which replace the Transactions under this Agreement (collectively a "REPLACEMENT CURRENCY SWAP") but only on the following conditions:

Appears in 1 contract

Samples: Master Agreement (Crusade Management LTD)

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REPLACEMENT CURRENCY SWAP. (a) If this Agreement or any Transaction under this Agreement is terminated prior to the day upon which the Class A-1 Offshore Notes are repaid in full, Party B must, subject to paragraph (b) and at the direction of the Manager, enter into one or more currency swaps which replace the Transactions under this Agreement (collectively a "REPLACEMENT CURRENCY SWAP") but only on the following conditions:

Appears in 1 contract

Samples: Master Agreement (Crusade Management LTD)

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