Examples of Cover Pool Swap in a sentence
The Cover Pool Swap Provider, the Currency Swap Providers and the Interest Rate Swap Providers are together referred to as the Swap Providers.
The Cover Pool Swap, each Currency Swap and each Interest Rate Swap are together referred to as the Swaps.
Interest Rate Swap Providers: The Issuer may enter into single currency interest rate swaps(each, an Interest Rate Swap) from time to time with third party counterparties (each, an Interest Rate Swap Provider) in order to hedge the Issuer's interest rate risks in ISK and/or other currencies to the extent that they have not been hedged by the Cover Pool Swap or a Currency Swap.
For example, such potential conflicts may arise because members of the Group act in several capacities (such as Cover Pool Swap Provider, Covered Bond Swap Provider, Issuer, Cash Manager, Servicer) under the Transaction Documents although the relevant rights and obligations under the Transaction Documents are notcontractually conflicting and are independent from one another.
Each Covered Bond Swap will swap Singapore dollar floating rate amounts (or the relevant portion thereof) received by the CBG (including amounts received under the Cover Pool Swap if applicable) into amounts reflecting the amounts (or the relevant portion thereof) payable under the relevant Series of Covered Bonds.
Third party counterparty (the Cover Pool Swap Provider, the Currency Swap Provider, the Indexed Currency Swap Providerand/or Interest Rate Swap Provider) Arion Bank hf.(the Issuer)Eligible Swaps Covered BondProceeds Covered Bonds Covered Bondholders Words and expressions defined in "Form of the Covered Bonds" and "Terms and Conditions of the Covered Bonds" below shall have the same meanings in this overview.
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To provide a hedge against currency and/or other risks in respect of amounts received by the CBG under the Cover Pool Swap and amounts payable or that may become payable in respect of its obligations under the Covered Bond Guarantee, the CBG may enter into one or more Covered Bond Swap Agreements with one or more Covered Bond Swap Providers, and may enter into a new Covered Bond Swap thereunder for each Series of Covered Bonds at the time such Covered Bonds are issued.
For example, such potential conflicts may arise because members of the Group act in several capacities (such as Cover Pool Swap Provider, Covered Bond Swap Provider, Issuer, Cash Manager or Servicer) under the Transaction Documents although the relevant rights and obligations under the Transaction Documents are not contractually conflicting and are independent from one another.
Capitalised terms used, but not defined, in this Cover Pool Swap Amendment Agreement shall have the meanings given thereto in the Amended and Restated Master Definitions and Construction Agreement made between, inter alios, the parties to this Cover Pool Swap Amendment Agreement on 8 September 2009, as the same may be amended, varied or supplemented from time to time.