Currency Swap Counterparty definition

Currency Swap Counterparty means an unaffiliated third party, as currency swap counterparty under the Currency Swap Agreement, or any successor or replacement swap counterparty from time to time under the Currency Swap Agreement.

Currency Swap Counterparty means an unaffiliated third party, as currency swap counterparty, under the Currency Swap Agreement, or any successor or replacement Currency Swap Counterparty from time to time.

Currency Swap Counterparty if any, shall have the meaning set forth in the Series Term Sheet.

Examples of Currency Swap Counterparty 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.

• On the Distribution Date occurring in the same calendar month as each Payment Date, any payments to be made by the Trustee to the Currency Swap Counterparty under the Class Currency Swap will be deposited in the Currency Swap Dollar Escrow Account.

• Any payments made by the Currency Swap Counterparty pursuant to the Class Currency Swap (other than payments in connection with the termination thereof or the replacement of the Currency Swap Counterparty, which payments will be made in accordance with the Class Currency Swap) will be deposited in the Class Foreign Currency Distribution Account.

• The Trustee, at the direction of the Master Servicer, shall deposit into the Class Currency Swap Termination Account any funds (in Dollars) received by the Trustee from the Currency Swap Counterparty with respect to an Event of Default (as defined in the Class Currency Swap) on the date such funds are received.

• 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 Counterparty

Currency Swap Counterparty means each Eligible Swap Counterparty that is a party, in its capacity as swap counterparty, to the related Currency Swap Agreement.

Currency Swap Counterparty means each financial institution with which the Issuer enters into a Currency Swap or any permitted assignee or successor thereto under the terms of the related Currency Swap and in each case which satisfies the applicable Rating Requirement (taking into account any guarantor thereof) and provided always that such financial institution has the regulatory capacity as a matter of Irish law to enter into derivatives transactions with Irish residents.

Currency Swap Counterparty means each Eligible Counterparty that is a party, in its capacity as swap counterparty, to the related Currency Swap Agreement.

Currency Swap Counterparty means each financial institution with which the Issuer enters into a Currency Swap Agreement or any permitted assignee or successor thereto under the terms of such Currency Swap Agreement and which, in each case, has the regulatory capacity, as a matter of Dutch law, to enter into derivative transactions with residents of The Netherlands and satisfies the applicable Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement).

Currency Swap Counterparty means Citigroup Global Markets Limited, a private limited liability company incorporated under the laws of England and Wales with registered number 1763297 and whose registered office is at Citigroup Centre, 33 Canada Square, Xxxxxx Xxxxx, Xxxxxx, X00 0XX as currency swap counterparty under the Currency Swap Agreement, which expression shall include any permitted replacement or other swap counterparty with which the Borrower enters into any Currency Swap Agreement;

Currency Swap Counterparty means any financial institution (i) having the applicable Required Ratings or (ii) in the event that such Currency Swap Counterparty does not have the applicable Required Ratings (provided that the long-term or short-term senior unsecured debt ratings of such Currency Swap Counterparty is not rated below A3 and P-1 from Moody’s and A-3 from S&P) at the time of entering such Currency Swap Agreement, either (x) such Currency Swap Counterparty which posts collateral with the Issuer pursuant to the terms of the relevant Currency Swap Agreement or (y) such Currency Swap Counterparty (taking into account any guarantor thereof) in respect of which Rating Agency Confirmation is obtained and in each case, any permitted assignee or successor under any Currency Swap Agreement in respect of which Rating Agency Confirmation is obtained and, in each case, who has theregulatory capacity, as a matter of Dutch law, to enter into derivatives transactions with Dutch residents.

Currency Swap Counterparty means the Eligible Swap Counterparty that is a party, in its capacity as a swap counterparty, to the Currency Swap Agreement, initially Credit Suisse International.