Floating Rate Collateral Debt Obligation definition

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

Floating Rate Collateral Debt Obligation means any Collateral Debt Obligation which bears interest at a floating rate.

Floating Rate Collateral Debt Obligation means, for the purposes of the Portfolio Profile Tests, a Collateral Debt Obligation, the interest or coupon payable in respect of which is calculated by reference to a floating rate or index and shall include any Collateralised Credit Default Swaps.

Examples of Floating Rate Collateral Debt Obligation in a sentence

• A security that provides that (i) it does not pay interest over a specified period of time ending prior to its maturity, but which does provide for the payment of interest after the expiration of such specified period or (ii) the interest rate of which increases over a specified period of time other than due to the increase of the index relating to a Floating Rate Collateral Debt Obligation.

• A "Floating Rate Collateral Debt Obligation" is any Collateral Debt Obligation that bears interest based on a floating rate index.

• A Loan that provides that (i) it does not pay interest over a specified period of time ending prior to its maturity, but which does provide for the payment of interest after the expiration of such specified period or (ii) the interest rate of which increases over a specified period of time other than due to the increase of the index relating to a Floating Rate Collateral Debt Obligation.

• An obligation that provides that (i) it does not pay interest over a specified period of time ending prior to its maturity, but which does provide for the payment of interest after the expiration of such specified period or (ii) the interest rate of which increases over a specified period of time other than due to the increase of the index relating to a Floating Rate Collateral Debt Obligation.

• If an Asset Specific Hedge effectively provides for the conversion of a fixed rate of interest under the related Collateral Debt Obligation to a floating rate of interest, such Collateral Debt Obligation shall, for all purposes under this Indenture, (i) be considered a Floating Rate Collateral Debt Obligation and (ii) be deemed to pay interest at a floating rate equal to the implied spread over LIBORthe Base Rate to be received by the Issuer under such Asset Specific Hedge.

More Definitions of Floating Rate Collateral Debt Obligation

Floating Rate Collateral Debt Obligation means a Collateral Debt Obligation, the interest or coupon payable in respect of which is calculated by reference to an interbank offered floating rate, commercial deposit floating rate or index and shall include any Collateralised Credit Default Swaps.

Floating Rate Collateral Debt Obligation means any Collateral Debt Obligation that bears a floating rate of interest.

Floating Rate Collateral Debt Obligation means a Collateral Debt Obligation that bears interest at a floating rate.

Floating Rate Collateral Debt Obligation means the Collateral Debt Obligations, interest payable in respect of which is calculated by reference to a floating interest rate or index.

Floating Rate Collateral Debt Obligation means a Collateral Debt Obligation, interest payable in respect of which is calculated by reference to a floating interest rate or index, provided that if such

Floating Rate Collateral Debt Obligation means a Collateral Debt Obligation, the interest or coupon payable in respect of which is calculated by reference to a floating rate or index (and including, for the avoidance of doubt, any Collateralised Credit Default Swaps).

Floating Rate Collateral Debt Obligation means a Collateral Debt Obligation (or any Participation therein), as determined by the Collateral Manager, that bears interest at a floating rate or by reference to an index.