Swap Termination Payment Clause Samples
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Group 1 Swap Agreement, the payment required to be made by the Supplemental Interest Trust to the Group 1 Swap Counterparty, or by the Group 1 Swap Counterparty to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Group 1 Swap Agreement, and any unpaid amounts due on previous Swap Payment Dates and accrued interest thereon as provided in the Group 1 Swap Agreement, as calculated by the Group 1 Swap Counterparty and furnished to the Trustee.
Swap Termination Payment. As to any Distribution Date, the amount, if any, owed by the External Trust or the Swap Counterparty upon a Swap Early Termination.
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Yield Maintenance Agreement, the payment to be made by the Issuer to the Counterparty, or by the Counterparty to the Issuer, as applicable, pursuant to the terms of the Yield Maintenance Agreement as a result of such early termination.
Swap Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Trust to the Swap Counterparty, or by the Swap Counterparty to the Trust, as applicable, pursuant to the terms of the Swap Agreement.]
Swap Termination Payment. A termination payment that either the Trust or the Swap Provider may be liable to make, payable under the terms of the Swap Administration Agreement, upon the occurrence of any Swap Early Termination, as set forth in the Swap Agreement.
Swap Termination Payment. Upon the occurrence of an Early Termination Date, the payment to be made by the Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust to the Swap Counterparty from payments from the Supplemental Interest Trust, or by the Swap Counterparty to the Supplemental Interest Trust Trustee for payment to the Supplemental Interest Trust, as applicable, pursuant to the terms of the Swap Agreement.] Tax Returns: The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed on behalf of any REMIC hereunder due to its classification as a REMIC under the REMIC Provisions, together with any and all other information, reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.
Swap Termination Payment. In the event of a Swap Default, either (i) an amount may become immediately due and payable to the Swap Provider, which shall be paid to the Swap Provider from amounts otherwise payable by the Grantor Trust to the related Class of Certificates, or (ii) an amount may become immediately due and payable to the grantor trust on behalf of the related class of Certificates by the Swap Provider.