Basis Rate Swap Provider definition
Examples of Basis Rate Swap Provider in a sentence
The Current Issuer Cash Manager shall ensure that a separate record is kept of any amount received from each of the Dollar Currency Swap Provider, the Euro Currency Swap Provider and the Basis Rate Swap Provider pursuant to, respectively, the Dollar Currency Swap Agreements, the Euro Currency Swap Agreements and the Basis Rate Swap Agreement.
Subject to the order of priorities of payment set out in Schedule 2 or, as the case may be, the Current Issuer Deed of Charge, on each Payment Date prior to the enforcement of the Current Issuer Security under the Current Issuer Deed of Charge, the Current Issuer Cash Manager will pay Current Issuer Available Revenue Receipts received in respect of the Current Issuer Intercompany Loan (after making payments ranking higher in the order or priority of payments) to the Current Issuer Basis Rate Swap Provider.
Funding 2 may apply any early termination payment received from, as appropriate, the Funding 2 Basis Rate Swap Provider for such purpose.
Funding may apply any early termination payment received from, as appropriate, the Funding Basis Rate Swap Provider for such purpose.
Any Funding Swap Replacement Premium received by Funding from a replacement swap provider upon entry into a swap agreement replacing such Funding Basis Rate Swap shall firstly be applied in or towards payment of any termination payment due and payable to the Funding Basis Rate Swap Provider following the termination of the applicable Funding Basis Rate Swap.
Any Swap Replacement Premium received by Funding 2 from a replacement swap provider upon entry into a swap agreement replacing such Funding 2 Basis Rate Swap shall firstly be applied in or towards payment of any termination payment due and payable to the Funding 2 Basis Rate Swap Provider following the termination of the applicable Funding 2 Basis Rate Swap.
No amendment or waiver of any provision of this Deed nor consent to any departure by any of the parties therefrom shall in any event be effective unless the same shall be in writing and signed by each of the parties hereto and, in the case of any such amendment waiver or consent in relation to Clause 12.4 (Information and Reporting) and Schedule 3 (Information to be provided under the Basis Rate Swap Agreements) only, each Basis Rate Swap Provider.
Any Swap Replacement Premium received by Funding 2 from a replacement swap provider upon entry into a swap agreement replacing the Funding 2 Basis Rate Swap Agreement shall firstly be applied in or towards payment of any termination payment due and payable to the Funding 2 Basis Rate Swap Provider following the termination of the Funding 2 Basis Rate Swap Agreement.
No amendment or waiver of any provision of this Deed nor consent to any departure by any of the parties therefrom shall in any event be effective unless the same shall be in writing and signed by each of the parties hereto and, in the case of any such amendment waiver or consent in relation to Clause 11.4 (Information and Reporting) and Schedule 3 (Information to be provided under the Basis Rate Swap Agreements) only, each Basis Rate Swap Provider.