Interest Swap definition

Interest Swap means an agreement entered into between the Borrower or a Designated Subsidiary and a counterparty on a case by case basis, in connection with interest rate swap transactions, interest rate options, cap, floor and collar transactions and other similar interest rate related transactions, the purpose and effect of which is to mitigate or eliminate the Borrower’s or such Designated Subsidiary’s exposure to fluctuations in interest rates;
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Interest Swap means a contract entered into between the Borrower and a counterparty on a case by case basis, in connection with interest rate swap transactions, interest rate options, cap transactions, floor transactions, collar transactions and other similar interest rate related transactions, including forward rate agreements, the purpose and effect of which is to mitigate or eliminate the Borrower's exposure to fluctuations in interest rates;
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Interest Swap means any swap under which the parties agree to exchange interest payments where the payment streams differ with respect to the basis upon which interest amounts are payable (such as monthly and quarterly payment intervals, or payments in arrears and in advance);
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Examples of Interest Swap in a sentence

  • It is the intent of the parties hereto and the Noteholders that there be at all times sufficient funds for the payment of principal of and interest on the Notes [and amounts due to the Swap Counterparty under the Interest Swap Agreement], and the Indenture Trustee shall take such intent into account when determining whether or not to maintain possession of the Collateral.

  • It is the intent of the parties hereto and the Noteholders that there be at all times sufficient funds for the payment of principal of and interest on the Notes [and amounts due to the Swap Counterparty under the Interest Swap Agreement] under the Transaction Documents, and the Indenture Trustee shall take such intent into account when determining whether or not to maintain possession of the Collateral.

  • Party A1, Party A2 and Party A3 have signed a Risk and Return Transfer Agreement of Pan Xxx Xxx Ran — PHC Commodity Equity Interest Swap Fund No.1 with Party B respectively (hereinafter referred to as “Risk and Return Transfer Agreement”).

  • The Agreement is an investment project of Party B, as the fund manager of Pan Xxx Xxx Ran — PHC Commodity Equity Interest Swap Fund No. 1.

  • Both parties have signed the Risk and Return Transfer Agreement with Pan Xxx Xxx Ran - PHC Commodity Equity Interest Swap Fund No.1 (hereinafter referred to as the “Master Agreement”) on Column D, reaching agreements for transferring net gains and losses resulting from Party A’s trading positions on the exchange that Party A operates on.

  • Column B /s/ Column G Pan Xxx Xxx Ran (Shanghai) Asset Management Co., Ltd., on behalf of Pan Xxx Xxx Ran —PHC Commodity Equity Interest Swap Fund No.1 under its management (Seal) Signature (legal representative): /s/ Xxxxx Xxxx Schedule A to the Risk and Return Transfer Agreement Column A Column B Column C Column D Column E Column F Column G 1 September 30, 2015 Tianjin Xxxx Xxx Xxx Xxx Precious Metal Management Co., Ltd.

  • Uncommitted Markets FacilitiesWe may, in our sole discretion and from time to time, enter into transactions with you under one or more of the following uncommitted facilities: · Foreign Exchange Dealing Facility · Interest Swap Rate Facility · Commodity Trading Facility The Uncommitted Markets Facilities are uncommitted and we have no obligation to enter into any transaction with you.

  • Borrowings The Company’s borrowings at October 1, 2005 and September 30, 2004, including the impact of interest rate swaps designated as hedges at October 1, 2005 are summarized below: 2005 Stated Interest rate and Effective Interest Cross-Currency Swaps(2) Interest Swap 2005 9,514 2,953 (1) The stated interest rate represents the weighted-average coupon rate for each category of borrowings.

  • As of the Closing Date, neither the Borrower nor any of its Subsidiaries is party to: (i) any Equity Forward Contracts; (ii) any Interest Swap Contracts, except the Morgan Swap Contract; ox (xxx) any Cash Management Services Contract, except the Wachovia Cash Management Service Contract.

  • Interest Swap: KRW 100,000,000,000 4) Transfer of Business with Major Shareholders 1.


More Definitions of Interest Swap

Interest Swap means a 1992 (Multicurrency-Cross Border) or 2002 ISDA Master Agreement together with the relevant Agreement" schedule, confirmation(s) and, if applicable, credit support annex entered into between an interest swap counterparty, the CBC and the Security Trustee.
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Related to Interest Swap

  • 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.

  • 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;