Class M Counterparty definition

Class M Counterparty means Barclays Bank PLC or the counterparty under any interest rate swap with respect to the Class M Notes obtained pursuant to Section 4.17.
Class M Counterparty means [•] or the counterparty under any interest rate [swap][cap][collar] with respect to the Class M Notes obtained pursuant to Section 4.17.
Class M Counterparty means JPMorgan Chase Bank or the counterparty under any interest rate swap with respect to the Class M Notes obtained pursuant to Section 4.17.

Examples of Class M Counterparty in a sentence

  • The Servicer shall deliver to the Class A Counterparty, the Class M Counterparty and the Class B Counterparty notice of the occurrence of any Event of Default of which the Servicer has received notice or has actual knowledge.

  • The Finance Charge Account shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 2008-A Noteholders and the Class A Counterparty, the Class M Counterparty and the Class B Counterparty.

  • As for equipment, Korea has the best aircraft, the F-15 and F-16, and radar equipped ships, said Chun.

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


More Definitions of Class M Counterparty

Class M Counterparty means Royal Bank of Canada or the counterparty under any interest rate swap with respect to the Class M Notes obtained pursuant to Section 4.17.

Related to Class M Counterparty

  • Class M Notes means any one of the Notes executed by the Owner Trustee, on behalf of the Issuer, and authenticated by or on behalf of the Indenture Trustee, substantially in the form of Exhibit A-2.