Class A Swap definition

Class A Swap means an interest rate swap agreement between the Trust and the Class A Counterparty substantially in the form of Exhibit C-1 to this Indenture Supplement, or such other form as shall have satisfied the Rating Agency Condition.
Class A Swap means an interest rate swap agreement with respect to the Class A Notes between the Trust and the Class A Counterparty substantially in the form of Exhibit D-1 to this Indenture Supplement, or such other form as shall have satisfied the Rating Agency Condition.
Class A Swap means any Interest Rate Swap Agreement relating to the Class A-1 Certificates.

Examples of Class A Swap in a sentence

  • Partial or early termination or other additional amount owed to Class A Swap Counterparty N/A b.

  • The aggregate notional amount under the Class A Swap shall, at any time, be equal to the Class A Note Principal Balance at such time.

  • Partial or early termination or other additional amount owed to Class A Swap Counterparty 0.00 b.

  • In the event that any Counterparty is required to post collateral pursuant to the Class A Swap, Class B Swap or Class C Swap, the Issuer shall establish a Swap Collateral Account, which shall be an Eligible Deposit Account.

  • Reference to “Transactions” or “Transaction” shall be deemed to be reference to the Class A Swap.

  • The only Transaction that will be governed by the terms of this Agreement will be the Class A Swap (as defined in the Indenture Supplement) as documented in the Confirmation, dated as of the date hereof.

  • References in the Agreement to “Transactions” or “Transaction” shall be deemed to be references to the Class A Swap.

  • In the event that any Counterparty is required to post collateral pursuant to the Class A Swap or Class C Swap, the Issuer shall establish a Swap Collateral Account, which shall be an Eligible Deposit Account.

  • Class A Swap Rate6.73%(j) Class A Certificate Rate ((g) + .80)2.62%(k) Class B Swap Rate7.21%(l) Current Collateral Certificate Rate ((g) + 1.275)3.10%(m) Servicing Fee Percentage2.00% I.

  • The Servicer may, upon satisfaction of the Rating Agency Condition, and, when required under the terms of the existing Class A Swap, Class M Swap, Class B Swap or Class C Swap, shall obtain a replacement Class A Swap, Class M Swap, Class B Swap or Class C Swap, as applicable.


More Definitions of Class A Swap

Class A Swap shall have the meaning set forth in the Indenture.
Class A Swap means an interest rate swap agreement with respect to the Class A Notes between the Trust and the Class A Counterparty substantially in the form of EXHIBIT E-1 to this Indenture Supplement, or such other form as shall have satisfied the Rating Agency Condition.]
Class A Swap means the swap agreement entered into between the Issuer and the Swap Counterparty with respect to the Class A Notes in order to hedge the fixed-floating rate exposure arising from Fixed Interest Payments and Interest Payments being calculated at a fixed interest rate while Class A Coupon Payments are calculated at six-month EURIBOR plus a margin.
Class A Swap means the ISDA Master Agreement and Schedule to the ISDA Master Agreement, each dated as of August 1, 2001, between the Owner Trustee, on behalf of the Trust, and the Class A Swap Counterparty, and the Confirmation, dated August 1, 2001, relating to such ISDA Master Agreement, as such ISDA Master Agreement, Schedule to the Master Agreement and Confirmation may be amended, modified or replaced pursuant to their respective terms.

Related to Class A Swap

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

  • 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-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.

  • Class A has the meaning set forth in Section 5.1.C.

  • 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 Shares means the Class A ordinary Shares in the capital of the Company of $0.0001 nominal or par value designated as Class A Shares, and having the rights provided for in these Articles.

  • Class D Notes has the meaning assigned to such term in the Indenture.