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 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 has 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 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 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 C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class P," "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 A-1 4.867% Asset-Backed Notes, substantially in the form of Exhibit A-1 to the Indenture.

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

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Class A-1 Note Balance means, at any time, the Initial Class A-1 Note Balance reduced by all payments of principal made prior to such time on the Class A-1 Notes.

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

  • 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 Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

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

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Floating Swap Payment With respect to any Distribution Date on or prior to the Distribution Date in January 2010, an amount equal to the product of (x) Swap LIBOR, (y) the Swap Agreement Notional Balance for that Distribution Date and (z) a fraction, the numerator of which is equal to the number of days in the related calculation period as provided in the Swap Agreement and the denominator of which is 360.

  • 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.

  • 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 Note Balance means, at any time, the sum of the Class A-1 Note Balance, the Class A-2 Note Balance and the Class A-3 Note Balance at such time.

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

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class A Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class A Percentage for that distribution date, plus any Class A Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class A Noteholders’ Principal Distribution Amount will not exceed the outstanding principal balance of the class A notes, less all amounts, other than investment earnings, on deposit in the accumulation account.In addition, on the maturity date for any class of class A notes, the principal required to be distributed to the related noteholders will include the amount required to reduce the outstanding principal balance of that class to zero.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

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

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

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