Initial Currency Swap Counterparty definition

Initial Currency Swap Counterparty means either The Royal Bank of Scotland plc or AIG Financial Products Corp., as applicable.
Sample 1
Initial Currency Swap Counterparty means CDC IXIS Capital Markets, London Branch, and any successors or permitted assigns.
Sample 1
Initial Currency Swap Counterparty means Swiss Re Financial Products Corporation, and any successors or permitted assigns.
Sample 1

Examples of Initial Currency Swap Counterparty in a sentence

  • With respect to the Initial Currency Swap Agreement, the Initial Currency Swap Counterparty shall be obligated to pay to the Trust on the Closing Date in lieu of the payments described in clause (A) above, the U.S. Dollar Equivalent Principal Amount of the applicable non-U.S. Dollar currency received by the Trust from the sale of the applicable class of Reset Rate Notes.

  • With respect to the Initial Currency Swap Agreements, the Initial Currency Swap Counterparty shall be entitled to receive on the Closing Date in lieu of secondary market proceeds described in clause (A) above, all applicable non-U.S. Dollar currency proceeds received by the Trust from purchasers of the related Reset Rate Notes (which shall be net of any underwriting commission or discount owing to the Initial Purchasers of such Notes).

  • With respect to each Initial Currency Swap Agreement, the related Initial Currency Swap Counterparty shall be obligated to pay to the Trust on the Closing Date, in lieu of the payments described in clause (A) above, the U.S. Dollar Equivalent Principal Amount of the applicable non-U.S. Dollar currency received by the Trust from the sale of the applicable class of Reset Rate Notes.

  • With respect to the Initial Currency Swap Agreements, each applicable Initial Currency Swap Counterparty shall be entitled to receive on the Closing Date in lieu of secondary market proceeds described in clause (A) above, all applicable non-U.S. Dollar currency proceeds received by the Trust from purchasers of the related Reset Rate Notes (which shall be net of any applicable underwriting commission).


More Definitions of Initial Currency Swap Counterparty

Initial Currency Swap Counterparty means JPMorgan Chase Bank (acting through its London branch) or Swiss Re Financial Products Corporation and any successors or permitted assigns.
Sample 1
Initial Currency Swap Counterparty means either Credit Suisse First Boston International or Deutsche Bank AG, New York Branch, as applicable.
Sample 1

Related to Initial Currency Swap Counterparty

  • Swap Counterparty means Lender or an Affiliate of Lender, in its capacity as counterparty under any Swap Contract.

  • Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

  • Swap Provider means any Person that, at the time it enters into a Swap Agreement is a Lender or an Affiliate of a Lender, in its capacity as a party to such 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.

  • Secured Swap Provider means (i) a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate Contract) who has entered into a Secured Rate Contract with Borrower, or (ii) a Person with whom Borrower has entered into a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, and any assignee thereof.

  • Cap Counterparty Not applicable.

  • 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;

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Local Currency Advance means any Advance, denominated in Pounds Sterling, Euro, or any other Agreed Currency which CIF requests the Local Currency Banks to include as a Local Currency and which is reasonably acceptable to the Local Currency Banks, made to CIF pursuant to Sections 2.03A and 2.03B of the Credit Agreement and this Addendum. A Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • Hedge Counterparty means a Lender, the Administrative Agent or any of the Lender’s or the Administrative Agent’s affiliates (at the time a hedging agreement is entered into) who has entered into a hedging agreement for the purpose of hedging interest rate liabilities and/or any exchange rate and/or commodity price risks provided it has become a party, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, to the First Lien Intercreditor Agreement in its capacity as hedge counterparty.

  • Interest Rate Swap means any interest rate swap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Swap Providers means, collectively, the Asset Swap Providers, the Liability Swap Providers and the providers of any other swap agreements entered into in connection with the Programme;

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Japan Local Currency Advance means any Advance, denominated in Japanese Yen, made to CFKK pursuant to Sections 2.03C and 2.03D of the Credit Agreement and this Addendum. A Japan Local Currency Advance shall bear interest at the rate specified in Schedule II.

  • Swap Counterparty Trigger Event A Swap Counterparty Trigger Event shall have occurred if any of a Swap Default with respect to which the Swap Counterparty is a Defaulting Party, a Termination Event with respect to which the Swap Counterparty is the sole Affected Party or an Additional Termination Event with respect to which the Swap Counterparty is the sole Affected Party has occurred.

  • Foreign Currency Hedge means any foreign exchange transaction, including spot and forward foreign currency purchases and sales, listed or over-the-counter options on foreign currencies, non-deliverable forwards and options, foreign currency swap agreements, currency exchange rate price hedging arrangements, and any other similar transaction providing for the purchase of one currency in exchange for the sale of another currency.

  • Interest Rate Cap Provider if any, shall mean the entity listed as the Interest Rate Cap Provider in the Series Term Sheet, in its capacity as obligor under the Class Interest Rate Caps, or if any Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements are obtained pursuant to Section 15, the obligor with respect to such Replacement Class Interest Rate Caps or Qualified Substitute Cap Arrangements.

  • Credit Enhancer means a financial institution, insurer or other third party which provides a Credit Enhancement or guarantee instrument acceptable to the Corporation securing repayment of the Mortgage Loan or Bonds issued pursuant to the MMRB Program.

  • Credit Enhancement Percentage For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the sum of the aggregate Certificate Principal Balances of the Mezzanine Certificates and the Class CE Certificates, and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans, calculated after taking into account distributions of principal on the Mortgage Loans and distribution of the Principal Distribution Amount to the Certificates then entitled to distributions of principal on such Distribution Date.

  • 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.

  • Class A Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Conduit Credit Enhancer shall have the meaning assigned to such term in Section 14(d).

  • Class Currency means the currency in which a Share Class of a Fund is designated as determined by the Directors and disclosed in the Prospectus in relation to such Fund.

  • Alternative Currency Daily Rate means, for any day, with respect to any Credit Extension: