Cover Pool Swap definition

Cover Pool Swap means the interest rate and cover pool swap transaction entered into under the terms of the Interest Rate Swap Agreement;
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Cover Pool Swap means the interest rate and cover pool swap transaction documented by a confirmation in the form set out in Schedule 3. Effective Date means any Local Business Day as designated by Party A in its sole discretion as the Effective Date on five Local Business Days notice to each of Party B and the Security Trustee; Effective Date Payment means
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Examples of Cover Pool Swap in a sentence

  • 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.

  • 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.

  • Cover Pool Swap Provider: The Issuer may enter into swaps from time to time with thirdparty counterparties to convert ISK interest payments received by the Issuer in respect of assets registered to the Cover Pool (other than derivative agreements with qualified counterparties which are registered to the Cover Pool (the Eligible Swaps)) into floating payments linked to the rate of interest under the Covered Bonds (the Cover Pool Swap).

  • To provide a hedge against possible variances in the rates of interest payable on the Loans in the Portfolio (which may, for instance, include variable rates of interest, fixed rates of interest or rates of interest which track the BOE Base Rate) and SONIA, the LLP will enter into Cover Pool Swaps with the Cover Pool Swap Provider under the Cover Pool SwapAgreement.

  • Each party (other than the Security Trustee) represents to the other parties hereto with respect to the Interest Rate Swap Agreement, as amended pursuant to this Cover Pool Swap Amendment Agreement, that all representations made by it pursuant to the Interest Rate Swap Agreement are true and accurate as of the date of this Cover Pool Swap Amendment Agreement.

  • To provide a hedge against possible variances in the rates of interest payable on the Loans in the Portfolio (which may, for instance, include variable rates of interest, fixed rates of interest or rates of interest which track the Bank of England Base Rate) and SONIA, the LLP will enter into Cover Pool Swaps with one or more of the Cover Pool Swap Providers under the Cover Pool Swap Agreement(s).

  • This Cover Pool Swap Amendment Agreement constitutes the entire agreement and understanding of the parties with respect to its subject matter and supersedes all oral communication and prior writings (except as otherwise provided herein) with respect thereto.

  • This Cover Pool Swap Amendment Agreement and any non-contractual obligations arising out of or in connection with it will be governed by and construed in accordance with English law.

Related to Cover Pool Swap

  • Pool 3 The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool 3.

  • Asset Pool Supplement means the Second Amended and Restated Asset Pool One Supplement to the Indenture, dated as of December 19, 2007, by and among the Issuing Entity, the Indenture Trustee and the Collateral Agent.

  • Pool 2 The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool 2.

  • Asset Pool One Supplement The Second Amended and Restated Asset Pool One Supplement, dated as of December 19, 2007, between Chase Issuance Trust, as Issuing Entity, and Xxxxx Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, and acknowledged and accepted by the Bank, as Transferor, Servicer and Administrator.

  • Asset Pool 1 Supplement means the Asset Pool 1 Supplement dated as of October 9, 2002, by and between the Issuer and the Indenture Trustee, as amended and supplemented from time to time.

  • Pool 1 The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool 1.

  • Pool Subordinate Amount As to each Mortgage Pool and any Distribution Date, the excess of the Pool Balance for such Mortgage Pool as of the first day of the immediately preceding Collection Period over (i) the Class Principal Amount of the Group 1 Senior Certificates (in the case of Pool 1) or (ii) the aggregate Class Principal Amounts of the Group 2 Senior Certificates (in the case of Pool 2) immediately prior to the related Distribution Date.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Indenture Trustee Fee Rate means the per annum rate at which the Indenture Trustee Fee is calculated.

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Investor Servicing Fee means, with respect to any Distribution Date, an amount equal to the product of the Investor Servicing Fee Percentage and the Series Investor Interest on the first day of the Due Period related to such Distribution Date (or in the case of the first Distribution Date for the Series established hereby, the Series Initial Investor Interest).

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Series Trust means the trust known as the Series 2000-2G Medallion Trust established pursuant to the Master Trust Deed and the Series Supplement.

  • Class A-1 Noteholder means the Person in whose name a Class A-1 Note is registered on the Note Register.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Indenture Trustee Fee means an annual fee equal to $5,000, payable on the Payment Date occurring in June of each year, commencing in 2017.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.