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.
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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.
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Class A Swap means any Interest Rate Swap Agreement relating to the Class A-1 Certificates.
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Examples of Class A Swap in a sentence

  • 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.

  • 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.

  • The replacement Class A Swap Agreement and the Class B Swap Agreement will have initial notional amounts equal to the aggregate principal amounts of the Class A Notes and the Class B Notes, respectively, on the Issue Date.

  • If more than one Hedge Termination Fee shall be outstanding at any time, the Trustee shall make such distributions to the applicable Hedge Counterparties in the following order of priority: first, to the Hedge Counterparty for the Class A Swap; second, to the Hedge Counterparty for the Class M Swap; and third, to the Hedge Counterparty for the Class B 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.

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

  • Notwithstanding anything to the contrary in this Agreement: This Agreement shall only govern Class A Swap (as defined in the Indenture Supplement) Confirmation dated as of the date hereof.

  • Pursuant to the terms of the Class A Interest Rate Swap, the Class A Swap Counterparty shall pay to the Trustee on each Transfer Date the Class A Net Swap Receipt, if any, with respect to Class A Interest Rate Swap plus the amount of any Class A Net Swap Receipt due but not paid with respect to any previous Transfer Date.


More Definitions of Class A Swap

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.
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Class A Swap has the meaning set forth in the Indenture.
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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.
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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.
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Related to Class A Swap

  • Class A-2, Class X-1," "Class X-2," "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 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 R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.