Class A-2FL Swap Agreement definition

Class A-2FL Swap Agreement means the interest rate swap agreement, dated as of July 26, 2007, by and between the Class A-2FL Swap Counterparty and the Trustee, solely in its capacity as Trustee, on behalf of Grantor Trust A-2FL, and relating to the Class A-2FL REMIC III Regular Interest, including any schedule, confirmations, credit support annex or other credit support document relating thereto, or any replacement interest rate swap agreement entered into by the Trustee in accordance with the terms of Section 3.29.
Sample 1Sample 2
Class A-2FL Swap Agreement. With respect to the Class A-2FL Certificates and the Class A-2FL REMIC II Regular Interest, the applicable interest rate swap agreement consisting of the ISDA 2002 Master Agreement, together with the related schedule, confirmation and any annexes thereto, dated as of December 7, 2005, by and among the Class A-2FL Swap Counterparty and the Trustee, solely in its capacity as Trustee, on behalf of the Trust, or any replacement interest rate swap agreement entered into by the Trustee in accordance with the terms of Section 3.29,
Sample 1Sample 2
Class A-2FL Swap Agreement. With respect to the Class A-2FL Certificates and the Class A-2FL REMIC II Regular Interest, the interest rate swap agreement consisting of the ISDA 2002 Master Agreement, together with the related schedule, confirmation, credit support annex or other credit support document relating thereto, dated as of April 12, 2007, by and between the Class A-2FL Swap Counterparty and the Grantor Trust Trustee, solely in its capacity as Grantor Trust Trustee, on behalf of ML-CFC 2007-6 Grantor Trust FX, xx xxx xxxxxxxxxxx xnterest rate swap agreement entered into by the Grantor Trust Trustee in accordance with the terms of Section 3.30.
Sample 1

Examples of Class A-2FL Swap Agreement in a sentence

  • If by 3:00 p.m. New York City time on any Class A-2FL Swap Payment Date the Trustee has not received any Class A-2FL Net Floating Swap Payment payable by the Class A-2FL Swap Counterparty on such date, the Trustee shall, consistent with the Class A-2FL Swap Agreement, in order to, among other things, cause the commencement of the applicable grace period, promptly notify the Class A-2FL Swap Counterparty that the Trustee has not received such Class A-2FL Net Floating Swap Payment.

  • Any Swap Default under, or termination of, the Class A-2FL Swap Agreement and the consequent Class A-2FL Distribution Conversion shall not, in and of itself, constitute an Event of Default under this Agreement.

  • Any expenses, costs and/or liabilities incurred by the Trustee in connection with enforcing the Class A-2FL Swap Agreement shall be payable and/or reimbursable solely out of indemnification payments made by Class A-2FL Certificateholders.

  • Upon any change in the payment terms on the Class A-2FL Certificates, including as a result of a Class A-2FL Distribution Conversion, termination of a Class A-2FL Distribution Conversion, a Swap Default under the Class A-2FL Swap Agreement or the cure of a Swap Default under the Class A-2FL Swap Agreement, the Trustee shall promptly notify the Depository of the change in payment terms.

  • We will recognize a compensation expense for financial reporting purposes in the aggregate amount of the cash payments that become payable pursuant to the terms of the offer.

  • The Depositor shall deposit, or cause the deposit of, the Class A-2FL Swap Agreement into Grantor Trust A-2FL, the Class A-4FL Swap Agreement into Grantor Trust A-4FL, the Class A-MFL Swap Agreement into Grantor Trust A-MFL, and the Class A-JFL Swap Agreement into Grantor Trust A-JFL.

  • For so long as the Class A-2FL Swap Agreement is in effect and there is no continuing payment default thereunder on the part of the A-2FL Swap Counterparty, all Prepayment Premiums and Yield Maintenance Charges allocable to the Class A-2FL REMIC II Regular Interest shall be payable to the A-2FL Swap Counterparty pursuant to the terms of the Class A-2FL Swap Agreement.

  • Second, Indonesia requested leave to modify the executive summary of its appellant's submission, which was submitted on 10 February 2017, by replacing the information enclosed within double brackets in paragraph 7.9 of that executive summary with non-confidential information.

  • The Trustee is hereby authorized and directed, not in its individual capacity but solely as Grantor Trust Trustee and on behalf, and for the benefit, of Grantor Trust A-2FL, to execute and deliver the Class A-2FL Swap Agreement on the Closing Date and to perform obligations as described herein with respect to the Class A-2FL Swap Agreement.

  • Any Person appointed as successor trustee pursuant to Section 8.09 shall also be required to serve as successor Class A-2FL Swap Custodian under the Class A-2FL Swap Agreement.

Related to Class A-2FL Swap Agreement

  • Secured Swap Agreement means a Swap Agreement between (x) any Loan Party and (y) a Secured Swap Provider.

  • Specified Swap Agreement any Swap Agreement entered into by the Borrower and any Qualified Counterparty (or any Person who was a Qualified Counterparty as of the Closing Date or as of the date such Swap Agreement was entered into) in respect of interest rates to the extent permitted under Section 7.13.

  • Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Fixed Swap Payment With respect to any Distribution Date, a fixed amount equal to the related amount set forth in the Interest Rate Swap Agreement.

  • Class A-2B Certificates All Certificates bearing the class designation of "Class A-2B."

  • Class A-2C Certificate Any Certificate designated as a "Class A-2C Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Floating Swap Payment With respect to any Distribution Date, a floating amount equal to the product of (i) Swap LIBOR, (ii) the related Base Calculation Amount (as defined in the Interest Rate Swap Agreement), (iii) 250 and (iv) a fraction, the numerator of which is the actual number of days elapsed from and including the previous Floating Rate Payer Payment Date (as defined in the Interest Rate Swap Agreement) to but excluding the current Floating Rate Payer Payment (or, for the first Floating Rate Payer Payment Date, the actual number of days elapsed from the Closing Date to but excluding the first Floating Rate Payer Payment Date), and the denominator of which is 360.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2B Certificate Any Certificate designated as a "Class A-2B Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-2, Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class A-3 Interest Rate means 1.49% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class A-4 Note Interest Rate means a rate per annum equal to 2.11%.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.

  • Class A-4 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.6250%.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2 Pass-Through Rate For any Distribution Date, a per annum rate equal to 3.0008%.

  • Class A-2 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-2 hereto.

  • Class A-3 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-3 hereto.