Counterparty Downgrade Collateral Account definition

Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

Counterparty Downgrade Collateral Account means, in respect of each Hedge Counterparty and a Hedge Agreement to which it is a party, the account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral (other than cash) is to be deposited or (as the case may be) each interest bearing account of the Issuer with the Account Bank into which all Counterparty Downgrade Collateral (in the form of cash) is to be deposited, in each case in respect of such Hedge Counterparty and such Hedge Agreement, each such account to be named including the name of the relevant Hedge Counterparty.

Counterparty Downgrade Collateral Account means an account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral (other than cash) is to be deposited or (as the case may be) an interest bearing account of the Issuer with the Account Bank into which all Counterparty Downgrade Collateral (in the form of cash) is to be deposited.

Examples of Counterparty Downgrade Collateral Account in a sentence

• Widening the bridge will require a proposal from State Government on full deposit terms.6)Diversion of water passing through Gerigetpally RUB.

• The Account Bank shall administer, credit and debit each of the Distribution Account, the Cash Collateral Account, the Counterparty Downgrade Collateral Account and the Accumulation Account and separately in accordance with the terms and provisions hereunder.

• On any Payment Date after satisfaction of the amounts in clause 20.3(a) (Distribution Account; Accumulation Account; Counterparty Downgrade Collateral Account; Swap Provisions) of the Trust Agreement, any positive difference between the General Cash Collateral Amount and the Specified Cash Collateral Account Balance shall be distributed according to the following Order of Priority, provided that no Credit Enhancement Increase Condition is in effect.

• Collateral deposited in such Counterparty Downgrade Collateral Account shall not constitute Available Distribution Amounts.

• The amounts in each Counterparty Downgrade Collateral Account will be applied in or towards satisfaction of the Swap Counterparty's obligations to the Issuer upon termination of the respective Swap Agreement.

More Definitions of Counterparty Downgrade Collateral Account

Counterparty Downgrade Collateral Account means one or more interest-bearing accounts of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

Counterparty Downgrade Collateral Account means the counterparty downgrade collateral account of the Issuer established with the Counterparty Downgrade Collateral Account Bank for collateral provided by the Swap Counterparty pursuant to the Swap Agreements. Any cash or securities collateral posted to such Counterparty Downgrade Collateral Account as a result of a ratings downgrade of the Swap Counterparty shall be monitored on a specific ledger and any cash collateral shall bear interest. Such collateral shall be segregated from the Distribution Account and from the general cash flow of the Issuer and shall not constitute Collections.

Counterparty Downgrade Collateral Account means each counterparty downgrade collateral account to be established by the Security Trustee for collateral provided by the Swap Counterparties pursuant to clause 20.6 (

Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited as more particularly described in Condition 3(g)(v) (Counterparty Downgrade Collateral Account).

Counterparty Downgrade Collateral Account means each interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral provided pursuant to each Hedge Agreement is to be deposited.

Counterparty Downgrade Collateral Account means each counterparty downgrade collateral account established by the Security Trustee for collateral provided by the relevant Swap Counterparty pursuant to clause 19.6 (Distribution Account, Cash Collateral Account, Counterparty Downgrade Collateral Account, Swap Provisions) of the Trust Agreement.

Counterparty Downgrade Collateral Account means a custody account with the Custodian or an interest-bearing account of the Account Bank (each of which shall have the Rating Requirement) into which all Counterparty Downgrade Collateral and Eligible Noteholder Collateral is to be deposited;