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.
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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.
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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.
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Examples of Class A-2FL Swap Counterparty 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.

  • 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.

  • It is hereby acknowledged that amounts on deposit in the Class A-2FL Sub-Account as of any Distribution Date and available for such purposes shall be applied to make any payments to the Class A-2FL Swap Counterparty pursuant to, and subject to the limitations and conditions set forth in, Section 3.29(d), prior to being applied to make distributions to the Holders of the Class A-2FL Certificates pursuant to Section 4.01(c).

  • One of those sub-accounts (the "Class A-2FL Sub-Account") shall be held in trust for the benefit of the Holders of the Class A-2FL Certificates and the Class A-2FL Swap Counterparty, as their interests may appear, and the other such sub-account (the "Class A-4FL Sub-Account") shall be held in trust for the benefit of the Holders of the Class A-4FL Certificates and the Class A-4FL Swap Counterparty, as their interests may appear.

  • In the event the Swap Trustee fails to receive any Class A-2FL Net Swap Payment payable by the Class A-2FL Swap Counterparty on the second Business Day prior to the related Distribution Date, the Swap Trustee shall provide the Class A-2FL Swap Counterparty with notice of such non-payment no later than 5:00 p.m. New York City time on such date.

  • It is hereby acknowledged that amounts on deposit in the Class A-2FL Sub-Account as of any Distribution Date and available for such purposes shall be applied to make any payments to the Class A-2FL Swap Counterparty pursuant to, and subject to the limitations and conditions set forth in, Section 3.30(d), prior to being applied to make distributions to the Holders of the Class A-2FL Certificates pursuant to Section 4.01(c).

  • Based on the date of termination, the Trustee, prior to any final distributions to the Holders of the Class A-2FL Certificates and/or the Holders of the Class A-4FL Certificates as contemplated by Section 9.01, shall pay the Class A-2FL Net Fixed Swap Payment, if any to the Class A-2FL Swap Counterparty and/or the Class A-4FL Net Fixed Swap Payment, if any, to the Class A-4FL Swap Counterparty.

  • This would include land where no relevant contaminant linkage has been established; or where there are only normal levels of contaminants in soil; or where contaminant levels do not exceed relevant generic assessment criteria, or other relevant technical tools; or land where levels of exposure to contaminants in soil only form a small proportion of what a receptor might be exposed to from other sources.

  • IV-1  Mission Partners.......................................................................................................

  • 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.


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.
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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, 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-3 Interest Rate means 1.49% 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-3 Note Interest Rate means a rate per annum equal to %.

  • Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with 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, (i) with respect to the initial Series 2003-2 Interest Period, 1.32% per annum and (ii) with respect to each Series 2003-2 Interest Period thereafter, a rate per annum equal to One-Month LIBOR for such Series 2003-2 Interest Period plus 0.20% per annum.

  • Swap Counterparty Trigger Event A Swap Counterparty Trigger Event shall have occurred if any of a Swap Default with respect to which the Swap Counterparty is a Defaulting Party, a Termination Event with respect to which the Swap Counterparty is the sole Affected Party or an Additional Termination Event with respect to which the Swap Counterparty is the sole Affected Party has occurred.