Class A-4 Swap Counterparty definition

Class A-4 Swap Counterparty means the Swap Counterparty under the Class A-4 Swap Agreement.
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Class A-4 Swap Counterparty has the meaning specified in Section
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Class A-4 Swap Counterparty means Westdeutsche Landesbank Girozentrale, in its capacity as Swap Counterparty under the Class A-4 Swap Agreement and its successors and assigns in such capacity.
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Examples of Class A-4 Swap Counterparty in a sentence

  • The Seller will indemnify, defend and hold harmless the Class A-4 Swap Counterparty for any Losses that may be imposed on, incurred by or asserted against the Class A-4 Swap Counterparty as a result of such termination.

  • Any up-front amounts paid by such Replacement Counterparty (net of any expenses of the Certificate Issuer or the Certificate Trustee which may be reimbursable under the Class A-4 Swap Agreement) in connection with its entering into such replacement Class A-4 Swap Agreement shall be paid to the terminated Class A-4 Swap Counterparty.

  • Promptly after the execution of any such amendment or consent, the Indenture Trustee shall furnish a copy of such amendment or consent to the Class A-4 Swap Counterparty.

  • Any amounts paid by such Replacement Counterparty in connection with its entering into such replacement Class A-4 Swap Agreement shall be paid to the terminated Class A-4 Swap Counterparty (to the extent of any termination payment paid to the Certificate Issuer by the Replacement Swap Counterparty).

  • With respect to each Payment Date and the related Collection Period, the Servicer will provide to each Trustee, the Class A-4 Swap Counterparty and each Rating Agency, on the related Determination Date, a monthly statement (a "Monthly Report") substantially in the form of Exhibit D hereto.

  • Promptly following its receipt of notice hereunder or under any other Transaction Document of any Event of Default, the Indenture Trustee shall send a copy thereof to the Issuer, the Class A-4 Swap Counterparty and each Rating Agency.

  • Any shortfall in the payment of interest on the Class A-4 Notes at the Class A-4 Interest Rate due entirely to the failure of the Class A-4 Swap Counterparty to make a required payment under the Class A-4 Swap Agreement will not constitute an Event of Default under the Indenture and upon such an occurrence, the Class A-4 Noteholders will only be entitled to receive the Class A-4 Interest Distributable Amount at the Class A-4 Assumed Fixed Rate.

  • On the Distribution Date, any net amount payable by the Certificate Issuer to the Class A-4 Swap Counterparty under the Class A-4 Swap Agreement shall be paid from the Class A-4 Subaccount, and any net amount payable to the Certificate Issuer by the Class A-4 Swap Counterparty under the Class A-4 Swap Agreement shall be deposited into the Class A-4 Subaccount on the Business Day preceding the Distribution Date.

  • Class A-4 Swap Counterparty Westdeutsche Landesbank Girozentrale, New York Branch will be the counterparty to the owner trust under the swap agreements.


More Definitions of Class A-4 Swap Counterparty

Class A-4 Swap Counterparty has the meaning specified in Section 1.01 of the Certificate Indenture.
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Related to Class A-4 Swap Counterparty

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

  • 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.

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

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

  • Class A-4 Noteholder means the Person in whose name a Class A-4 Note is registered in the Note Register.

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

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

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

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

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

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

  • Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.

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

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

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

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

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

  • 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.

  • Cap Counterparty Not applicable.

  • Class A-4 Certificates All Certificates bearing the class designation of "Class A-4".

  • Class C Noteholders means the holders of any Class C Notes from time to time.