Offsetting Swap definition
Offsetting Swap has the meaning given to such term in the definition of "Aggregate Interest Rate Hedged Amount".
Examples of Offsetting Swap in a sentence
The relevant Debtor shall, and the Company shall procure that the relevant Debtor shall, promptly terminate a proportion of any Offsetting Swap upon the termination or close-out of the corresponding Existing Unmatured Hedge, such proportion to be equal to the proportion of such Existing Unmatured Hedge that has been terminated.