Class B Counterparty definition

Class B Counterparty means [●], or the counterparty under any interest rate [swap][cap][collar] with respect to the Class B Notes obtained pursuant to Section 4.15.]

Class B Counterparty means Barclays Bank PLC or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.17.

Class B Counterparty means Bank of America, N.A. or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.15.

Examples of Class B Counterparty in a sentence

• The Issuer shall cause the Class A Counterparty, the Class B Counterparty or the Class C Counterparty to deposit Net Swap Receipts payable in the Collection Account.

• Net Swap Receipts payable by the Class A Counterparty, the Class B Counterparty or the Class C Counterparty shall be deposited by the Indenture Trustee in the Collection Account on the day received and treated as Available Finance Charge Collections.

• The Issuer shall cause the Class B Counterparty or the Class C Counterparty to deposit Net Swap Receipts payable in the Collection Account.

• The Issuer shall cause the Class A Counterparty, the Class B Counterparty, the Class C Counterparty or the Class D Counterparty to deposit Net Derivatives Receipts payable in the Collection Account.

• Early termination payments or other additional payments owed to be paid to the Class B Counterparty ..................

More Definitions of Class B Counterparty

Class B Counterparty means JPMorgan Chase Bank or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.17.

Class B Counterparty means ABN AMRO Bank N.V. or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.15.

Class B Counterparty means Royal Bank of Canada or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.15.

Class B Counterparty means AIG Financial Products Corp. or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.15.

Class B Counterparty means Bank of America, N.A., and any other counterparty under the Class B Swap Agreement or any successor agreement to the Class B Swap Agreement.

Class B Counterparty means Swiss Re Financial Products Corporation or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.15.

Class B Counterparty means The Royal Bank of Scotland plc (successor to ABN AMRO Bank N.V.) or the counterparty under any interest rate swap with respect to the Class B Notes obtained pursuant to Section 4.15.