Currency Swap Agreement definition

Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

Currency Swap Agreement means any currency swap agreement, entered into pursuant to Section 2.03 of the Trust Agreement and Section 5.08 of the Transfer and Servicing Agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

Currency Swap Agreement means the sterling/euro currency swap agreement in relation to the Series 4 Class M Seventh Issuer Notes entered into on or about the Closing Date between the Seventh Issuer Euro Currency Swap Provider, the Seventh Issuer and the Seventh Issuer Security Trustee;

Examples of Currency Swap Agreement in a sentence

• Any payments received by the Issuer from the Currency Swap Counterparty under such a Currency Swap Agreement shall not be deposited in the Collection Account and shall be paid by the Indenture Trustee directly to or to the order of the Certificateholders on the related Distribution Date.

• If the Certificateholders notify the Administrator with respect to the Trust’s election to enter into such a Currency Swap Agreement, the Administrator will prepare all necessary and appropriate documentation and take all of the necessary and appropriate actions to cause the Issuer to enter into such a Currency Swap Agreement on behalf of the Trust.

• In connection with executing any such Currency Swap Agreement, the Issuer, Indenture Trustee, Owner Trustee, Seller and Servicer will enter into an amendment to this Sale and Servicing Agreement, subject to Section 10.01 in a form approved by the Certificateholders, that will specify the creation of any necessary accounts and modifications of any provisions hereof to the extent necessary or appropriate to effectuate the intention of such Currency Swap Agreement.

• In connection with the execution of any such Currency Swap Agreement, the Certificateholders must provide alternative appropriate payment instructions to the Owner Trustee and the Indenture Trustee for the receipt of any payment in Japanese yen.

• Any payments received by the Issuing Entity from the Currency Swap Counterparty under a Currency Swap Agreement shall not be deposited in the Collection Account and shall be paid by the Indenture Trustee directly to or to the order of the Trust Certificateholders on the related Payment Date.

More Definitions of Currency Swap Agreement

Currency Swap Agreement means the ISDA Master Agreement, schedule and confirmation(s) (as amended and supplemented from time to time) relating to the Currency Swap(s) entered into from time to time between the Issuer and each Currency Swap Provider;

Currency Swap Agreement means a transaction in which two counterparties exchange specific amounts of two different currencies at the outset and repay over time in accordance with a predetermined rule that reflects interest payments and possible amortization of principal;

Currency Swap Agreement means the ISDA Master Agreement between the initial Currency Swap Provider, the Trustee and the Manager, together with a schedule and a credit support annex which provides for the Class A-1 Currency Swap and the Class A-3 Currency Swap and includes any substitute agreement in place of an existing Currency Swap Agreement.

Currency Swap Agreement means, for any Issuer, the ISDA Master Agreement(s), Schedule(s) and Confirmation(s) thereto entered into among such Issuer, the relevant Currency Swap Provider and the Note Trustee, as may be amended, restated, novated, varied or supplemented from time to time and shall include any additional and/or replacement currency swap agreement entered into by such Issuer from time to time in connection with the Notes issued by such Issuer;

Currency Swap Agreement means, for any Issuer, the ISDA Master Agreement(s), Schedule(s), Confirmation(s) and any credit support documents thereto entered into among such Issuer, the relevant Currency Swap Provider, the Note Trustee and any credit support provider, as may be amended, restated, novated, varied or supplemented from time to time and shall include any additional

Currency Swap Agreement means with respect to the Reset Rate Notes when they are in Foreign Exchange Mode, each Swap Agreement between the Trust and the related Currency Swap Counterparty which (i) converts the secondary market trade proceeds into U.S. Dollars received on the effective date of such Swap Agreement; (ii) converts all principal payments in U.S. Dollars by the Trust to the Reset Rate Noteholders into the applicable currency; (iii) converts the interest rate on the Reset Rate Notes from a LIBOR-based rate to a fixed or floating rate payable in the applicable currency; (iv) converts the U.S. Dollar equivalent of all secondary market trade proceeds received on the related Reset Date resulting in the successful remarketing of the Reset Rate Notes or the exercise of a Call Option into the applicable currency for the payment of principal to the tendering Reset Rate Noteholders; and (v) pays to the Paying Agent, on behalf of the Trust, for the benefit of the tendering Reset Rate Noteholders, the required amount of additional interest at the interest rate applicable to the tendered Reset Rate Notes resulting from any required delay in Reset Date payments through Euroclear and Clearstream.

Currency Swap Agreement means with respect to any class of Reset Rate Notes in Foreign Exchange Mode, each Swap Agreement between the Trust and the related Currency Swap Counterparty which (i) converts the secondary market trade proceeds into U.S. Dollars received on the effective date of such Swap Agreement (or, with respect to the Initial Currency Swap Agreement, converts all proceeds on the Closing Date from the sale of each class of Reset Rate Notes to U.S. Dollars); (ii) converts all principal payments in U.S. Dollars by the Trust to the related class of Reset Rate Noteholders into the applicable currency; (iii) converts the interest rate on any class of Reset Rate Notes from a LIBOR-based rate to a fixed or floating rate payable in the applicable currency; (iv) converts the U.S. Dollar equivalent of all secondary market trade proceeds received on the related Reset Date resulting in the successful remarketing of a class of Reset Rate Notes or the exercise of a Call Option into the applicable currency for the payment of principal to the tendering Reset Rate Noteholders; and (v) pays to the Paying Agent, on behalf of the Trust, for the benefit of the tendering Reset Rate Noteholders, the required amount of additional interest at the interest rate applicable to the tendered Reset Rate Notes resulting from any required delay in Reset Date payments through Euroclear and Clearstream.