Portfolio Swap Counterparty definition

Portfolio Swap Counterparty means any swap counterparty under any Portfolio Swap Agreement.
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Portfolio Swap Counterparty means KBC Investments Cayman Islands V, Ltd. as portfolio swap counterparty pursuant to the Portfolio Credit Swap and any successor in title thereto.
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Examples of Portfolio Swap Counterparty in a sentence

  • In acting under the Swap Agency Agreement, the Independent Confirmation Agent, the Calculation Agent and any other Swap Agents act solely as agents of the Issuer and the Portfolio Swap Counterparty and do not assume any obligations towards or relationship of agency or trust for or with any of the Noteholders.

  • Any reference in these Conditions to principal or interest will be deemed to include any additional amounts in respect of principal or interest (as the case may be) which may be payable (subject to the discretion of the Portfolio Swap Counterparty electing to fund such payments) under this Condition 8.

  • Reference Obligation Notional AmountsIn respect of each ABS Reference Entity (other than a Proxy ABS Reference Entity), the Portfolio Swap Counterparty will, at the time of the inclusion of such ABS Reference Entity in the Reference Portfolio, designate in the Reference Registry one ormore ABS Reference Obligations and designate notional amounts denominated in Euro (each, an "ABS Reference Obligation Notional Amount") for each such ABS Reference Obligation.

  • Reference Obligation Notional AmountsIn respect of each ABS Reference Entity the Portfolio Swap Counterparty will designate in the Reference Registry one or more ABS Reference Obligations and will designate notional amounts (each, an "ABS Reference Obligation Notional Amount") for each such ABS Reference Obligation.

  • Cash Reserve AmountOn the Closing Date and each Payment Date falling prior to the earlier of (a) the Payment Date scheduled to fall in April, 2011 and (b) the Termination Date, the Portfolio Swap Counterparty will also pay the Cash Reserve Amount to the Issuer under the Portfolio Credit Swap.

  • In the event an Optional Call Date occurs prior to the third anniversary of the Closing Date, the Issuer will be required to pay the Make-Whole Premium to the Portfolio Swap Counterparty pursuant to the terms of the Portfolio Swap Agreement.

  • Tax ProvisionsIf any Cash Settlement Amount or other payment obligation of the Issuer under the Portfolio Credit Swap is subject to, or becomes subject to, any deduction or withholding for or on account of any Tax, the Issuer will not be obliged to and will not gross up the Cash Settlement Amount or other amount, and the Portfolio Swap Counterparty will receive such amount less the amount of any such deduction or withholding.

  • Reference Obligation Notional AmountsIn respect of each ABS Reference Entity the Portfolio Swap Counterparty will designate in the Reference Registry one or more ABS Reference Obligations and will designate notional amounts denominated in Euro (each, an "ABS Reference Obligation Notional Amount") for each such ABS Reference Obligation.

  • The Co-Issuers and the Trustee will not enter into any such supplemental indenture without the prior written consent of the Portfolio Swap Counterparty if such supplemental indenture could reasonably be expected to have an adverse effect on the Portfolio Swap Counterparty under the Portfolio Swap Agreement or thereunder.

  • The occurrence of certain legislative, regulatory or judicial action which makes it unlawful for the Issuer, the Portfolio Swap Counterparty or the Portfolio Swap Guarantor to comply with any material provision of the Portfolio Swap Agreement (including any payment obligation) will constitute a termination event (a “Portfolio Swap Termination Event”) under the Portfolio Swap Agreement with respect to such party (which will be the “Affected Party”).

Related to Portfolio Swap Counterparty

  • 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.

  • 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.

  • 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.

  • Swap Provider The swap provider under the Swap Agreement either (a) entitled to receive payments from the Supplemental Interest Trust or (b) required to make payments to the Supplemental Interest Trust, in either case pursuant to the terms of the Swap Agreement, and any successor in interest or assign. Initially, the Swap Provider shall be Deutsche Bank AG New York Branch.

  • 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;

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

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

  • central counterparty means a CCP as defined in point (1) of Article 2 of Regulation (EU) No 648/2012;