Master Swap Agreement definition

Master Swap Agreement means the agreement made or (as the context may require) to be made between the Swap Provider and the Borrowers comprising an ISDA Master Agreement (including the Schedule) in the form set out in schedule 11 and includes any Designated Transactions from time to time entered into and any Confirmations (as defined therein) from time to time exchanged thereunder and governed thereby;

Master Swap Agreement means the 1992 ISDA Master Agreement made between the Swap Provider and the Borrowers dated June 2006 mentioned in recital (C) hereto, comprising a 1992 ISDA Master Agreement (and a Schedule thereto), together with any Confirmations (as defined therein) supplemental thereto;

Master Swap Agreement means the ISDA Master Swap Agreement (including all Transactions thereunder) referred to in Recital (B) hereto as the same may from time to time hereafter be supplemented and/or amended;

Examples of Master Swap Agreement in a sentence

• By way of security for the Outstanding Indebtedness (which expression, for the avoidance of doubt, includes the Master Swap Agreement Liabilities) the Charterer with full title guarantee hereby assigns and agrees to assign to the Mortgagee absolutely all its rights, title and interest in and to the Charterer's Assigned Property and all its benefits and interests present and future therein.

• If and when any such swap or other derivative transaction has been concluded, it shall constitute a Designated Transaction under the relevant Master Swap Agreement, and the Borrowers shall sign a Confirmation with the relevant Swap Provider and advise the Banks and the other Swap Provider through the Agent promptly after concluding any such Designated Transaction.

• The effect of any set-off under this sub-clause 13.2.2 shall be effective to extinguish or, as the case may require, reduce the liabilities of the Bank under the Master Swap Agreement.

• All the rights, powers and remedies vested in the Mortgagee hereunder shall be in addition to and not a limitation of any and every other right, power or remedy vested in the Mortgagee under the Corporate Guarantee, the Loan Agreement, the Master Swap Agreement, this Mortgage, the other Security Documents or any Collateral Instrument or at law and all the rights, powers and remedies so vested in the Mortgagee may be exercised from time to time and as often as the Mortgagee may deem expedient.

• The Bank shall be entitled (but not obliged) at any time to deduct from the balance for the time being standing to the credit of any Operating Account all other moneys which may fall due to be paid to the Bank under the terms of this Agreement and the other Security Documents or otherwise howsoever in connection with the Loan and/or the Master Swap Agreement.

More Definitions of Master Swap Agreement

Master Swap Agreement means the agreement made between the Mortgagee and the Owner dated December 2007 mentioned in recital (C) hereto, comprising an ISDA Master Agreement and the Schedule thereto in the form or substantially in the form set out in schedule 9 to the Loan Agreement, together with any Confirmations (as defined therein) supplemental thereto;

Master Swap Agreement means the 2002 ISDA Master Agreement dated as of 24 December 2007 made between the Mortgagee and the Borrower mentioned in recital (C) hereto, comprising an ISDA Master Agreement (and a Schedule thereto), together with any Confirmations (as defined therein) supplemental thereto;

Master Swap Agreement means the agreement dated 2006 as amended and modified and made between the Borrower and the Swap Bank and any Continuations (as defined therein) supplemented thereto;

Master Swap Agreement means either of them;

Master Swap Agreement means the agreement referred to in recital (C) hereto;

Master Swap Agreement means the Principal Master Agreement as amended and supplemented by the ISDA Amendment Agreement;

Master Swap Agreement means the agreement dated as of 7 June 2011 made between the Swap Provider and the Borrowers comprising an ISDA Master Agreement (including the Schedule) as amended and supplemented by an amendment agreement dated September 2011 and includes any Designated Transactions from time to time entered into and any Confirmations (as defined therein) from time to time exchanged thereunder and governed thereby;