Counterparty Termination Payment definition

Counterparty Termination Payment shall have the meaning ascribed thereto in Section 3.1(e);
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Counterparty Termination Payment shall have the meaning ascribed thereto in Section 3.1(e); “Credit Support Balance” shall have the meaning ascribed thereto in the Swap Agreement;
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Counterparty Termination Payment shall have the meaning ascribed thereto in the Series 2023-2 Supplement;
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Examples of Counterparty Termination Payment in a sentence

  • Any amounts payable to the Trust upon any applicable early termination under the Swap Agreement (a “Counterparty Termination Payment”) shall be paid to a replacement swap counterparty by, or as directed by, the Trust as consideration for the entering into of a swap agreement in replacement of the Swap Agreement and any excess Counterparty Termination Payment shall be deposited immediately into the Accumulations Account for application pursuant to Article 4.


More Definitions of Counterparty Termination Payment

Counterparty Termination Payment means the amount (if any) due by the Issuer to the Counterparty as determined pursuant to Section 6(e) of the Swap Agreement following termination of the Swap Agreement.
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Related to Counterparty Termination Payment

  • Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Termination Event has the meaning specified in Section 9.2.