Issuer Swap Provider definition

Issuer Swap Provider means, in respect of any Funding 2 Issuer, the institutions identified in respect of each Issuer Swap in the Note Supplement and the Issuer Swap Agreement related to the relevant Series and Class of Notes;
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Issuer Swap Provider means in relation to any Issuer the swap counterparty to such Issuer under any relevant Issuer Swap Agreement of such Issuer;
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Issuer Swap Provider means the First Issuer Swap Providers and/or the Second Issuer Swap Providers and/or the Third Issuer Swap Providers and/or the Fourth Issuer Swap Providers and/or the Fifth Issuer Swap Providers and/or the Sixth Issuer Swap Providers and/or the Seventh Issuer Swap Providers and/or the Eighth Issuer Swap Providers and/or the Ninth Issuer Swap Providers and/or the Master Issuer Swap Provider, and/or as the context requires, any New Issuer Swap Providers;
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Examples of Issuer Swap Provider in a sentence

  • The amount of any such cash benefit paid to the relevant Current Issuer Swap Provider in accordance with this paragraph shall, to avoid double counting, be deducted from the amount to be paid to that Current Issuer Swap Provider under the relevant Current Issuer Swap Agreement in accordance with the Current Issuer Pre-Enforcement Revenue Priority of Payments on the relevant Payment Date.

  • To the extent that an early termination of a Master Issuer Swap Agreement is not caused by the ratings downgrade of a Master Issuer Swap Provider then the Master Issuer Revenue Receipts shall include any Swap Replacement Payment received by the Master Issuer.

  • To the extent that, pursuant to the terms of the relevant Issuer Swap Agreement, Swap Collateral is to be transferred or paid to the relevant Issuer Swap Provider, the Issuer Cash Manager shall pay the relevant Swap Collateral out of the relevant Swap Collateral Account to the Issuer Swap Provider and debit the Issuer Swap Collateral Ledger as appropriate.

  • Failure to do so may result in non-payment of non-covered services and difficulties recouping payment from the client after services have been provided.

  • To the extent that an early termination of a Ninth Issuer Swap Agreement is not caused by the ratings downgrade of a Ninth Issuer Swap Provider then the Ninth Issuer Revenue Receipts shall include any Swap Replacement Payment received by the Ninth Issuer.

  • Notwithstanding the foregoing provisions of Clause 6 (Enforcement) and this Clause 7 (Upon Enforcement), any Swap Replacement Premium received by the Master Issuer from a replacement Swap Provider upon entry into a swap agreement replacing an Issuer Swap Agreement shall firstly be applied in payment of any termination payment due and payable to the Issuer Swap Provider following the termination of the Issuer Swap Agreement.

  • In the event that any collateral is posted by an Issuer Swap Provider pursuant to the relevant Issuer Swap Agreement, the Issuer shall instruct the Issuer Cash Manager to open a bank account for the purposes of holding such collateral (any such account, an Issuer Swap Collateral Account) with Santander UK plc or, if Santander UK plc does not have the requisite Issuer Account Bank Ratings, a bank that does have the requisite Issuer Account Bank Ratings.

  • As soon as practicable following the notification to the Note Trustee and the Noteholders of an early redemption of a Class of Notes in accordance with Condition 5 of such Notes, the Issuer Cash Manager shall notify, as soon as is reasonably practicable, the relevant Issuer Swap Provider of such redemption.

  • None of Barclays Bank PLC, J.P. Morgan Securities Ltd., Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Incorporated or UBS Limited makes any representation as to the accuracy or completeness of the Issuer Swap Provider information (or any affiliate of such person) and do not accept responsibility for such information, including, without limitation, the audited financial statements and accompanying notes available at the website address of Nationwide listed above.

  • The amount of any such cash benefit paid to the relevant Current Issuer Swap Provider in accordance with this paragraph shall, to avoid double counting, be deducted from the amount to be paid to that Current Issuer Swap Provider under the relevant Current Issuer Swap Agreement in accordance with the Current Issuer Pre-Enforcement Revenue Priority of Payments on the relevant Interest Payment Date.


More Definitions of Issuer Swap Provider

Issuer Swap Provider means the institutions identified in respect of each issuer swap in the note supplement and the issuer swap agreement related to the relevant Series and Class of Notes;
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Related to Issuer Swap Provider

  • 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.

  • 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.

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

  • 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.

  • Cap Counterparty Not applicable.

  • Derivative Counterparty means any party to any Derivative Agreement other than the Issuer or the Indenture Trustee.

  • 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;

  • 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.

  • Cap Provider means the third-party financial institution approved by Lender that is the counterparty under any Cap Agreement or Replacement Cap Agreement.

  • Secured Swap Agreement means a Swap Agreement between (x) any Loan Party and (y) a Secured Swap Provider.

  • 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.

  • 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;

  • Fixed Swap Payment With respect to any Distribution Date, a fixed amount equal to the related amount set forth in the Interest Rate Swap Agreement.

  • 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.

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

  • Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

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

  • Swap Provider Trigger Event A Swap Termination Payment that is triggered upon: (i) an Event of Default under the Interest Rate Swap Agreement with respect to which the Swap Provider is a Defaulting Party (as defined in the Interest Rate Swap Agreement), (ii) a Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement) or (iii) an Additional Termination Event under the Interest Rate Swap Agreement with respect to which the Swap Provider is the sole Affected Party.

  • 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;

  • Floating Swap Payment With respect to any Distribution Date, a floating amount equal to the product of (i) Swap LIBOR, (ii) the related Base Calculation Amount (as defined in the Interest Rate Swap Agreement), (iii) 250 and (iv) a fraction, the numerator of which is the actual number of days elapsed from and including the previous Floating Rate Payer Payment Date (as defined in the Interest Rate Swap Agreement) to but excluding the current Floating Rate Payer Payment (or, for the first Floating Rate Payer Payment Date, the actual number of days elapsed from the Closing Date to but excluding the first Floating Rate Payer Payment Date), and the denominator of which is 360.

  • Series Enhancer means the Person or Persons providing any Series Enhancement, other than (except to the extent otherwise provided with respect to any Series in the Indenture Supplement for such Series) the Noteholders of any Series or Class which is subordinated to another Series or Class.

  • 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.

  • Eligible Counterparty means an “Eligible Counterparty” for the purposes of the Law.

  • Class A Certificateholder The registered holder of a Class A Certificate.

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