Group II Net Swap Payment definition

Group II Net Swap Payment. With respect to any Distribution Date, the Net Swap Payment for such Distribution Date multiplied by the Group II Swap Percentage for such Distribution Date.
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Group II Net Swap Payment. With respect to each Distribution Date, the net payment required to be made pursuant to the terms of the Group II Swap Agreement by either the Group II Swap Provider or the Swap Administrator, which net payment shall not take into account any Group II Swap Termination Payment.
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Group II Net Swap Payment. With respect to any Distribution Date, any net payment (other than a Group II Swap Termination Payment) payable by the Trust to the Group II Swap Provider on the related Fixed Rate Payer Payment Date (as defined in the Group II Interest Rate Swap Agreement).
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Examples of Group II Net Swap Payment in a sentence

  • Warm Zone Areas include:• Staging Areas;• Decontamination Areas; and• Restricted zones buffering Hot Zone locations.Warm Zone Areas will have restricted access and entry may be limited to:• Personnel involved in Operations activities;• Personnel providing support to Operations activities; and• Professional services to support the response.Cold Zone‌The Cold Zone is all areas external to the Warm and Hot Zones.

  • In addition, the Securities Administrator shall remit to the Swap Administrator for payment to the Group II Swap Provider any Group II Swap Termination Payment (which shall include any Group II Net Swap Payment payable to the Group II Swap Provider) payable under Section 11.02.

  • In addition, the Trustee shall remit to the Derivative Administrator for payment to the Group II Swap Provider any Group II Swap Termination Payment ) which shall include any Group II Net Swap Payment payable to the Trust Fund) payable under Section 10.01.

Related to Group II Net Swap Payment

  • Net Swap Payment With respect to each Distribution Date, the net payment required to be made pursuant to the terms of the Swap Agreement by either the Swap Provider or the Swap Administrator, which net payment shall not take into account any Swap Termination Payment.

  • Principal Remittance Amount With respect to any Distribution Date, the sum of the Group I Principal Remittance Amount and the Group II Principal Remittance Amount.