Fixed Rate Collateral Debt Obligation definition

Fixed Rate Collateral Debt Obligation means any Collateral Debt Obligation which bears interest at a fixed rate (excluding any Unfunded Commitments).

Fixed Rate Collateral Debt Obligation means a Collateral Debt Obligation, the interest or coupon payable in respect of which is calculated by reference to a fixed rate.

Fixed Rate Collateral Debt Obligation means a Collateral Debt Obligation which bears interest at a fixed rate.

Examples of Fixed Rate Collateral Debt Obligation in a sentence

• Any interest rate exchange agreement between the Issuer and a Hedge Counterparty that is entered into by the Issuer in connection with the purchase or holding of a Fixed Rate Collateral Debt Obligation or a Floating Rate Collateral Debt Obligation for the sole purpose of hedging interest rate risk between the Collateral Portfolio and the Notes.

• For all purposes under this Indenture, any Fixed Rate Collateral Debt Obligation that is subject to an Asset Specific Hedge that effectively provides for the conversion of such fixed rate of interest to a floating rate of interest shall be deemed a Floating Rate Collateral Debt Obligation bearing interest at a floating rate equal to LIBORthe Base Rate plus the spread over LIBORthe Base Rate to be received by the Issuer pursuant to the applicable Asset Specific Hedge.

• If an Asset Specific Hedge effectively provides for the conversion of a floating rate of interest under the related Collateral Debt Obligation to a fixed rate of interest, such Collateral Debt Obligation shall, for all purposes under this Indenture, (a) be considered a Fixed Rate Collateral Debt Obligation and (b) be deemed to pay interest at a fixed rate to be received by the Issuer under the related Asset Specific Hedge.

• For all purposes under this Indenture, any Floating Rate Collateral Debt Obligation that is subject to an Asset Specific Hedge that effectively provides for the conversion of such floating rate of interest to a fixed rate of interest shall be deemed a Fixed Rate Collateral Debt Obligation bearing interest at a fixed rate equal to the fixed rate to be received by the Issuer pursuant to the applicable Asset Specific Hedge.

More Definitions of Fixed Rate Collateral Debt Obligation

Fixed Rate Collateral Debt Obligation means a Collateral Debt Obligation that bears interest at a fixed rate.

Fixed Rate Collateral Debt Obligation means a Collateral Debt Obligation that bears interest at a fixed rate. “Foreign Lender” is defined in Section 2.12(d).

Fixed Rate Collateral Debt Obligation means a Collateral Debt Obligation which bears interest at a fixed rate provided that if such obligation is subject to a Hedge Agreement where payments received by the Issuer from a Hedge Counterparty are calculated by reference to a floating interest rate or index such obligation shall not constitute a Fixed Rate Collateral Debt Obligation but will be classified as a Floating Rate Collateral Debt Obligation for as long as such obligation is subject to such Hedge Agreement.

Fixed Rate Collateral Debt Obligation means a Collateral Debt Obligation which bears interest at a fixed rate and is not the subject of an Interest Rate Hedge Transaction.

Fixed Rate Collateral Debt Obligation means any Collateral Debt Obligation that bears a fixed rate of interest.

Fixed Rate Collateral Debt Obligation means any Collateral Debt Obligation that bears a fixed rate of interest; provided that any such Collateral Debt Obligation shall be treated as a Floating Rate Collateral Debt Obligation so long as such Collateral Debt Obligation is the subject of an Interest Rate Hedge Transaction under which payments to be made to the Issuer are calculated by reference to a floating rate index.

Fixed Rate Collateral Debt Obligation means a Collateral Debt Obligation, the interest or coupon payable in respect of which is calculated by reference to a fixed rate and for the avoidance of doubt shall exclude any Collateralised Credit Default Swaps.