Liability Swap Provider means any entity acting as a liability swap provider to the Guarantor pursuant to a Liability Swap Agreement.
Examples of Liability Swap Provider in a sentence
She stated that the well cover had been cracked during construction and should be replaced at Town expense.
With respect to any Liability Swap Agreements, it is expected that the Guarantor will pay on a monthly basis, on each Guarantor Payment Date following the service of an Issuer Default Notice, to each Liability Swap Provider by reference to a floating rate option such as, forSeries of Covered Bonds denominated in Euro, a floating rate linked to EURIBOR.