Interest Rate Swap Agreement definition

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;

Interest Rate Swap Agreement. The 1992 ISDA Master Agreement (Multicurrency-Cross Border) dated as of March 29, 2006 (together with the schedule thereto, the Master Agreement) between UBS AG and the Trust Administrator (in its capacity as Supplemental Interest Trust Trustee) and a confirmation of the same date, which supplements and forms part of the Master Agreement.

Interest Rate Swap Agreement means the Initial Interest Rate Swap Agreement and any Replacement Interest Rate Swap Agreement.]

Examples of Interest Rate Swap Agreement in a sentence

• An Interest Rate Swap Agreement must comply with the terms set out by the International Swap Dealers Association (ISDA).

• To provide a hedge against possible variances in the rates of interest payable on the Loans in the Portfolio (which may, for instance, include variable rates of interest, fixed rates of interest or rates of interest which track a base rate) and LIBOR for periodic Sterling deposits, the LLP will enter into an Interest Rate Swap with the Interest Rate Swap Provider under the Interest Rate Swap Agreement.

• In particular and by way of example, without limiting the generality of the foregoing, the timely payment of amounts due in respect of the Notes will depend on the ability of the Servicer to service the Purchased Receivables as well as to the maintenance of the level of hedging protection offered by each Interest Rate Swap Agreement.

• Such actions may include the Interest Rate Swap Counterparty collateralising its obligations under the Interest Rate Swap Agreement, transferring its obligations to a replacement interest rate swap counterparty having the required ratings or procuring that an entity with the required ratings becomes a co-obligor with or guarantor of the Interest Rate Swap Counterparty.

• Bankruptcy of the Swap Bank If the Swap Bank becomes subject to bankruptcy proceedings then an Investor could experience losses or delays in the payments due under the Interest Rate Swap Agreement.

More Definitions of Interest Rate Swap Agreement

Interest Rate Swap Agreement. The interest rate swap agreement, dated the Closing Date, between the Supplemental Interest Trust Trustee and the Swap Provider, including any schedule, confirmations, credit support annex or other credit support document relating thereto, and attached hereto as Exhibit Q.

Interest Rate Swap Agreement. The interest rate swap agreement, dated as of February 28, 2006 between the Swap Provider and the Securities Administrator, a copy of which is attached hereto as Exhibit T.

Interest Rate Swap Agreement means the ISDA Master Agreement, dated as of the Closing Date, between the Initial Swap Counterparty and the Issuer, the Schedule thereto, dated as of the Closing Date, the Credit Support Annex, dated as of the Closing Date, and the Confirmation thereto, dated as of the Closing Date and entered into pursuant to such ISDA Master Agreement, as the same may be amended from time to time in accordance with the terms thereof.

Interest Rate Swap Agreement. The interest rate swap agreement, dated as of the Closing Date, between Morgan Stanley Capital Services Inc. and the Trustee (a copy of which ix xxxxcxxx xxxeto as Exhibit W).

Interest Rate Swap Agreement. The 1992 ISDA Master Agreement (Multicurrency-Cross Border) dated as of [_] (together with the schedule thereto, the Master Agreement) between [_] and the Trustee, an ISDA Credit Support Annex (Bilateral Form-New York Law) as of the same date, which supplements, forms part of, and is subject to the Master Agreement, and a confirmation of the same date, which supplements and forms part of the Master Agreement, reference #[_].

Interest Rate Swap Agreement. The interest rate swap agreement, dated as of March 29, 2005, between Goldman Sachs Capital Markets, L.P. and Goldman Sachs Mortgage Company.

Interest Rate Swap Agreement. The interest rate swap agreement, dated as of December 21, 2006, between Goldman Sachs Mitsui Marine Derivative Products, L.P. (as assigned to axx xxxxmxx xx the Swap Provider) and Goldman Sachs Mortgage Company or any other swap agreement (including axx xxxxted schedules) entered into by the Securities Administrator on behalf of the Trust pursuant to Section 2.01(d), a copy of which is attached hereto as Exhibit X.