Eligible Swap Agreement definition

Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Restricted Subsidiary and any Senior Revolving Lender or any Affiliate of any Senior Revolving Lender. For the avoidance of doubt, a Swap Agreement ceases to be an Eligible Swap Agreement if the Person that is the counterparty to the Borrower under a Swap Agreement ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement (or, in the case of an affiliate of a Senior Revolving Lender, the Person affiliated therewith ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement).
Eligible Swap Agreement means any swap agreement which meets the requirements of article
Eligible Swap Agreement means each Eligible Asset Swap Agreement, Eligible Liability Swap Agreement and any other swap agreement which meets the requirements of article 7-decies of the Securitisation and Covered Bond Law.

Examples of Eligible Swap Agreement in a sentence

  • Any Person that at the time it entered into an Eligible Swap Agreement was the Lender or an Affiliate of the Lender, in its capacity as a party to that Eligible Swap Agreement.


More Definitions of Eligible Swap Agreement

Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Subsidiary that is a Guarantor and any Approved Counterparty.
Eligible Swap Agreement means any present or future Swap Agreement between the Company or any Subsidiary and any Bank or any Affiliate of any Bank. For the avoidance of doubt, a Swap Agreement ceases to be an Eligible Swap Agreement if the Person that is the counterparty to the Company under a Swap Agreement ceases to be a Bank under the Bank Loan Agreement (or, in the case of an Affiliate of a Bank, the lender affiliated therewith ceases to be a Bank under the Bank Loan Agreement).
Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Subsidiary that is a Guarantor and any Senior Revolving Lender or any affiliate of any Senior Revolving Lender. For the avoidance of doubt, a Swap Agreement ceases to be an Eligible Swap Agreement if the Person that is the counterparty to the Borrower or one of its Subsidiaries that is a Guarantor under a Swap Agreement ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement (or, in the case of an affiliate of a Senior Revolving Lender, either such Person ceases to be affiliated with a Senior Revolving Lender or its affiliated lender ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement).
Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Subsidiary that is a Guarantor and any Person that is entered into prior to the time, or during the time, that such Person was a Senior Revolving Lender or an Affiliate of a Senior Revolving Lender (including any such Swap Agreement in existence prior to the date hereof), even if such Person ceases to be a Senior Revolving Lender or an Affiliate of a Senior Revolving Lender for any reason provided that, for the avoidance of doubt, the term “Eligible Swap Agreement” shall not include any transactions entered into after the time that such Person ceases to be a Senior Revolving Lender or an Affiliate of a Senior Revolving Lender.

Related to Eligible Swap Agreement

  • Specified Swap Agreement means any Swap Agreement in respect of interest rates, currency exchange rates or commodity prices entered into by the Parent Borrower or any of the Subsidiary Borrowers and any Person that is a Lender or an affiliate of a Lender at the time such Swap Agreement is entered into.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Eligible Swap Counterparty means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;

  • Secured Swap Agreement means a Swap Agreement between (a) any Loan Party and (b) a Secured Swap Provider.