Currency Swaps definition

Currency Swaps means, collectively, each currency swap entered into before the Petition Date by Seadrill Limited or NADL, as applicable.

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Currency Swaps. Unless otherwise requested by the Company, each time an Agent advises the Company of an offer to purchase Notes denominated in a currency or currency unit other than U.S. dollars, such Agent will provide the Company information with respect to currency swap or forward arrangements that, as of the time the offer is communicated to the Company, such Agent is prepared to enter into or arrange with a third party to enter into in order to exchange amounts to be received from the purchaser of such Note at the Settlement Date and to exchange amounts to be paid by the Company on the interest payment dates and at maturity.

Currency Swaps means the interest rate swaps entered into by a Company Party.

Examples of Currency Swaps in a sentence

Class Currency Swaps.............................................................
Currency Swaps entail greater credit risk than Interest Rate Swaps due to the exchange of principal both at the inception and termination of the agreement as well as the payments from both parties at every settlement date.
In accordance with law, the Bank hereby informs the Client of the special risks borne by the Client and arising due to the nature of Cross Currency Swaps.
Nothing in this Part [5(6)] affects the obligation of the parties under Section 6 in respect of Transactions which are not Currency Swaps.
For certainty, the Security Documents will also secure each Loan Party’s liabilities, obligations and indebtedness pursuant to any such cash management contracts, Interest Swaps or Currency Swaps.
Buyer shall have received written evidence satisfactory to it of the repayment in full, termination, unwind and discharge of the Indebtedness set forth under item (j) (“Currency Swaps”) of Schedule 1.1-RM of the Disclosure Schedules or assignment, novation or other disposition of the Currency Swaps to any Person other than a member of the Company Group without any further Liability associated with the Currency Swaps to Buyer or any member of the Company Group.
At Borrower’s request, Lender may enter into cash management contracts, Interest Swaps and Currency Swaps in compliance with the provisions in this Agreement with Loan Parties from time to time.
Currency Swaps In the event of the termination of the Dollar Currency Swaps and/or the Euro Currency Swaps, the Third Issuer shall instruct the Third Issuer Cash Manager to open, as necessary, the relevant Third Issuer Non-Sterling Account at the Third Issuer Non-Sterling Account Bank.

More Definitions of Currency Swaps

Currency Swaps means swap, hedging and other arrangements made by the Grantor, from time to time, in respect of rates of exchange of currencies the purpose of which is to mitigate or eliminate exposure to fluctuations in prices of commodities which affect Production Costs or revenues attributable to the Properties;

Currency Swaps. Means the JPMorgan Swaps and any currency swap and related agreements between the Company and/or its subsidiaries, on the one hand, and Merrill Lynch, on the other hand, inten▇▇▇ ▇▇ h▇▇▇▇ the Company's obligations with respect to the Notes. JPMORGAN SWAPS Means (1) the ISDA Master Agreement dated 18th January 2001 between JPMorgan and BVIII as swap counter-parties and (2) the Letter dated 10th January 2002 between JPMorgan and BVIII relating to the close out of all swap transactions then outstanding under (1) above, and (3) all credit support documents relating thereto including the Deed of Undertaking and Guarantee dated 18th January 2001 provided by South, Telekom and BVIII in favor of JPMorgan, various subordination agreements made between JPMorgan, Telekom, South, BVII and the Company dated 28th February 2001 and the revocable guarantee given by the Company in favor of JPMorgan dated 20th February 2002. SWAP CREDITORS Means JPMorgan and Merrill Lynch.

Currency Swaps means currency swaps entered into from time to time between SCBC and SBAB or other third party counterparties (in such capacity, each, a “Currency Swap Provider”) in order to hedge currency risks arising from (a) covered bonds which are issued in currencies other than SEK and (b) assets (other than mortgage loans and Eligible Swaps) which are registered to the cover pool and are denominated in currencies other than SEK.

Currency Swaps. Means the JPMorgan Swaps and any currency swap and related agreements between the Company and/or its subsidiaries, on the one hand, and ▇▇▇▇▇▇▇ ▇▇▇▇▇, on the other hand, intended to hedge the Company's obligations with respect to the Notes.