Class M Swap definition

Class M Swap means an interest rate swap agreement between the Trust and the Class M Counterparty substantially in the form of Exhibit D-2 to this Indenture Supplement, or such other form as shall have satisfied the Rating Agency Condition.
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Class M Swap means any Interest Rate Swap Agreement relating to the Class M-1 Certificates.
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Class M Swap means an interest rate swap agreement between the Trust and the Class M Counterparty substantially in the form of Exhibit G-2 to this Indenture Supplement, or such other form as shall have satisfied the Rating Agency Condition.
Sample 1

Examples of Class M Swap in a sentence

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

  • 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.

  • Xxxxxx Title: Managing Director and Associate Title: Vice President General Counsel Date: September 22, 2004 Date: September 22, 2004 JPMorgan Chase Bank and World Financial Network (“JPMorgan”) (the “Counterparty”) The only Transaction that will be governed by the terms of this Agreement will be the Class M Swap (as defined in the Indenture).

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

Related to Class M Swap

  • 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.