Examples of Class A-1 Currency Swap in a sentence
Any Class A-1 Currency Swap Termination Proceeds received by the Security Trustee must be retained by the Security Trustee in US dollars and must be invested by it in a US dollar interest bearing account with a bank or other financial institution selected by it and must be applied, if there are any Secured Moneys owing in respect of the Class A-1 Notes, first in accordance with clause [_]13.1(e).
The Issuer has entered into ISDA Master Agreements (each a "Currency Swap Agreement") with Citibank N.A., New York Branch and Commonwealth Bank of Australia (each a "Currency Swap Provider") and the Manager, each together with a schedule and a credit support annex and a confirmation relating thereto in respect of the Class A-1 Notes (each such 53 confirmation documenting a "Class A-1 Currency Swap").
Any Class A-1 Currency Swap Termination Proceeds received by the Security Trustee must be retained by the Security Trustee in US dollars and must be invested by it in a US dollar interest bearing account with a bank or other financial institution selected by it and must be applied, if there are any Secured Moneys owing in respect of the Class A-1 Notes, first in accordance with clause 13.1(e)(i).
Any Class A-1 Currency Swap Termination Proceeds received by the Security Trustee must be retained by the Security Trustee in US dollars and must be invested by it in a US dollar interest bearing account with a bank or other financial institution selected by it and must be applied, if there are any Secured Moneys owing in respect of the Class A-1 Notes, first in accordance with clause 13.1(e).
If there are no such Secured Moneys owing in respect of the Class A-1 Notes, or only part of the Class A-1 Currency Swap Termination Proceeds are sufficient to pay all Secured Moneys (denominated in US dollars) owing in respect of the Class A-1 Notes, the balance may be converted to Australian dollars for application in accordance with clause 13.1.
A$ EXCHANGE RATE means, on any date, the rate of exchange (set as at the commencement of the relevant Currency Swap) applicable under: (a) the Class A-1 Currency Swap for the exchange of United States dollars for Australian dollars; or (b) the Class A-2 Currency Swap for the exchange of Euros for Australian dollars.
The Issuer has entered into ISDA Master Agreements (each a "Currency Swap Agreement") with Deutsche Bank AG, New York Branch and the Bank (each a "Currency Swap Provider" and together, the "Currency Swap Providers") and the Manager, each together with a schedule and a credit support annex and a confirmation relating thereto in respect of the Class A-1 Notes (each such confirmation documenting a "Class A-1 Currency Swap").
The Issuer has entered into ISDA Master Agreements (each a "Currency Swap Agreement") with Merrill Lynch International (Australia) Limited, ABN 31 002 892 846 and Commonwealth Bank of Australia (each a "Currency Swap Provider") and the Manager, each together with a schedule and a credit support annex and a confirmation relating thereto in respect of the Class A-1 Notes (each such confirmation documenting a "Class A-1 Currency Swap").
US$ Class A-1 Currency Swap means each swap transaction entered into pursuant to a US$ Class A-1 Currency Swap Agreement, the form of confirmation for which is substantially in the form set out in schedule 1 to the relevant US$ Class A-1 Currency Swap Agreement.
If the Class A1 Currency Swap Counterparty defaults or is unable to, or does not, perform its obligations thereunder due to insolvency or any other reason or if a replacement Swap Counterparty is not appointed, the Issuer may not receive the Euro payments it would otherwise be entitled to from the Class A1 Currency Swap Counterparty to enable it to satisfy its payment obligations under the Class A1 Senior Notes, from time to time.