Class A-2FL Swap Counterparty definition

Class A-2FL Swap Counterparty means the swap provider under the Class A-2FL Swap Agreement, which is initially Xxxxxx Brothers Special Financing Inc.
Class A-2FL Swap Counterparty. Xxxxxxx Xxxxx Capital Services, Inc. or its successor in interest or any swap counterparty under a replacement Class A-2FL Swap Agreement.
Class A-2FL Swap Counterparty. Bear Stearns Capital Markets Inc., a Delaware corporation, acting in such caxxxxxx or its successor in interest or any swap counterparty under a replacement Class A-2FL Swap Contract.

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

  • A copy of such instrument shall be delivered to the Master Servicer, the Special Servicer, the Class A-2FL Swap Counterparty, the Class A-JFL Swap Counterparty, the REMIC Administrator and the Certificateholders by the Depositor.

  • Each Companion Loan Holder (and any designees thereof acting on behalf of or exercising the rights of such Companion Loan Holder) and (subject to any limited recourse provisions contained in the Class A-2FL Swap Contract or the Class A-MFL Swap Contract) the Class A-2FL Swap Counterparty and the Class A-MFL Swap Counterparty shall be third-party beneficiaries to this Agreement with respect to their rights as specifically provided for herein and may directly enforce such rights.

  • The Companion Loan Holder related to a Whole Loan and any designees thereof acting on behalf of or exercising the rights of such Companion Loan Holder and, subject to any limited recourse provisions contained in the Class A-2FL Swap Contract or the Class A-JFL Swap Contract, the Class A-2FL Swap Counterparty and the Class A-JFL Swap Counterparty shall be third-party beneficiaries to this Agreement with respect to their rights as specifically provided for herein and may directly enforce such rights.

  • A copy of such instrument shall be delivered to the Master Servicer, the Special Servicer, the Class A-2FL Swap Counterparty, the Class A-MFL Swap Counterparty, the REMIC Administrator and the Certificateholders by the Depositor.

  • The Depositor, as of the Closing Date, and concurrently with the execution and delivery hereof, does hereby assign without recourse all the right, title and interest of the Depositor in and to the Class A-2FL Regular Interest and Class A-MFL Regular Interest to the Swap Trustee for the benefit of the Holders of the Class A-2FL and Class A-MFL Certificates, respectively, and the Class A-2FL Swap Counterparty and Class A-MFL Swap Counterparty, respectively.

  • The Paying Agent agrees to give the Swap Counterparty prompt notice if it obtains knowledge that the Class A-2FL Swap Counterparty Collateral Account or any funds on deposit therein or otherwise to the credit of the Class A-2FL Swap Counterparty Collateral Account, shall become subject to any writ, order, judgment, warrant of attachment, execution or similar process.

  • They are usually provided as a way to estimate the value of drug seizures and the number of doses kept off the streets when a shipment is intercepted by authorities.

  • The Paying Agent shall deposit all collateral received from the Swap Counterparty under any Credit Support Annex (as defined in the Class A-2FL Swap Contract) of the Class A-2FL Swap Contract into the Class A-2FL Swap Counterparty Collateral Account.

  • Funds credited to the Class A-2FL Swap Counterparty Collateral Account shall be applied as contemplated in the Class A-2FL Swap Contract.


More Definitions of Class A-2FL Swap Counterparty

Class A-2FL Swap Counterparty. The swap provider under the Class A-2FL Swap Agreement, initially Merrill Lynch Capital Xxxxxxxs, Xxx.

Related to Class A-2FL Swap Counterparty

  • Swap Counterparty means Lender or an Affiliate of Lender, in its capacity as counterparty under any Swap Contract.

  • Eligible Swap Counterparty means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

  • Class A-1 Noteholders Interest Carryover Shortfall” means, with respect to any Payment Date, the excess of the Class A-1 Noteholders’ Monthly Accrued Interest for the preceding Payment Date and any outstanding Class A-1 Noteholders’ Interest Carryover Shortfall on such preceding Payment Date, over the amount in respect of interest that is actually paid to Holders of Class A-1 Notes on such preceding Payment Date, plus interest on the amount of interest due but not paid to Holders of Class A-1 Notes on the preceding Payment Date, to the extent permitted by law, at the Class A-1 Interest Rate for the related Interest Period.

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Secured Swap Provider means (i) a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate Contract) who has entered into a Secured Rate Contract with Borrower, or (ii) a Person with whom Borrower has entered into a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, and any assignee thereof.

  • Class A-2 Noteholders means the Class A-2a Noteholders and the Class A-2b Noteholders.

  • Class A-3 Certificateholder The registered holder of a Class A-3 Certificate.

  • Cap Counterparty Not applicable.

  • Class A Noteholders means, collectively, the Class A-1 Noteholders, the Class A-2 Noteholders, the Class A-3 Noteholders and the Class A-4 Noteholders.

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

  • Class A-2 Certificateholder The registered holder of a Class A-2 Certificate.

  • Class A-2 Noteholder means the Person in whose name a Class A-2 Note is registered on the Note Register.

  • Class A-4 Certificateholder The registered holder of a Class A-4 Certificate.

  • Class A-2b Noteholder means the Person in whose name a Class A-2b Note is registered in the Note Register.

  • 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.

  • Floating Swap Payment With respect to any Distribution Date, an amount equal to the product of (i) Swap LIBOR, (ii) the notional amount for that Distribution Date set forth in the Interest Rate Swap Agreement and (iii) a fraction, the numerator of which is the actual number of days elapsed from and including the previous Distribution Date to but excluding the current Distribution Date (or, for the first Distribution Date, the actual number of days elapsed from the Closing Date to but excluding the first Distribution Date), and the denominator of which is 360.

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

  • Class A-1 Certificateholder The registered holder of a Class A-1 Certificate.

  • Class A-2a Noteholder means the Person in whose name a Class A-2a Note is registered in the Note Register.

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

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

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

  • Class A-1 Notes means the Class A-1 1.28000% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

  • Class B Noteholders Distribution Amount” means, for any distribution date, the sum of the Class B Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Principal Distribution Amount for that distribution date.

  • Class A-1 Note Rate means, with respect to any Quarterly Interest Period, the interest rate per annum (computed on the basis of the actual number of days in such Quarterly Interest Period over a year of 360 days) equal to Three-Month LIBOR for the related LIBOR Reset Period plus 0.08%.