Examples of Reference Swap in a sentence

The parties acknowledge that the payments to be made by Party B will be made independently and are not conditional upon Party A sustaining or being exposed to risk or loss and that the rights and obligations of the parties hereunder are not dependent upon Party A owning or having any legal, equitable or other interest in the Reference Swap and/or any Reference Obligations relating to the Reference Swap.
Schedule 2 sets out the framework of the terms for each Synthetic CDO Reference Swap and Schedule 3 contains the Synthetic CDO Portfolio for each Synthetic CDO Reference Swap.
Each Reference Swap comprises a notional credit default swap transaction entered into between the Issuer and the Counterparty on the Initial Issue Date.
Dresdner Bank AG London Branch is the calculation agent under each Reference Swap.
Each Reference Swap is documented by the Master Reference Swap Confirmation.

More Definitions of Reference Swap

Reference Swap means a hypothetical cross currency swap between the Issuer and a relevant Reference Dealer, whereby the relevant Reference Dealer pays to the Issuer the Scheduled RON Amounts, in exchange for receiving the Scheduled EUR Amounts on the relevant Dates, adjusted for good Business Days, as set out in the schedule below:

Reference Swap means an interest rate swap (a) deemed to have been entered into no later than two London banking days prior to the Conversion Date (and confirmed in writing to the Company) and commencing on the Conversion Date, (b) having a notional amount at any time equal to that part of the aggregate principal amount of the Loans outstanding on the Conversion Date and which has become subject to the Break Event, (c) maturing on the Maturity Date and (d) obligating the floating rate payor to make payments on each Interest Payment Date after the Conversion Date at LIBOR determined two London banking days before the next preceding Interest Payment Date for three-month U.S. Dollar deposits plus .80% per annum, calculated for actual days elapsed on a 360-day year basis, in exchange for receiving fixed rate payments from a fixed rate payor on such dates in such amounts as set forth on Schedule 2.05(A) (each such rate, the "Reference Fixed Rate", which the parties agree will be the swap market rate two London banking days before the Interest

Reference Swap means a credit derivative transaction deemed for the purpose of this Transaction to have been entered into between Party A as protection buyer and an unspecified third party as protection seller on the terms set out in Schedule 1 hereto but provided that each amount specified in Schedule 1 hereto shall be deemed to have been mutiplied by an amount equal to the relevant Released Proportion (as defined in the Original Default Swap Confirmation).In respect of the Reference Swap:

Reference Swap means a hypothetical interest rate swap entered into on November 2, 2016 to be effective through the Maturity Date, based upon the swap transaction terms set forth on Schedule 4.3.3 hereof. In determining the Reference Swap, the Lender may consider information (including the Bloomberg swap valuation platform) of the same type used by Lender in the regular course of business for the valuation of interest rate swaps that are similar to the Reference Swap.

Reference Swap means the portfolio credit default swap between the Issuer (as protection seller) and the Swap Counterparty (as protection buyer) having an Initial

Reference Swap means a hypothetical credit default swap in respect of the Reference Entity on the following terms: (a) the protection seller shall be Buyer; (b) the floating rate payer calculation amount shall be an amount equal to the Reference Amount; (c) the effective date shall be the Effective Date; and (d) the scheduled termination date shall be the Scheduled Maturity Date, pursuant to which Buyer (as protection seller for the purposes of the Reference Swap) shall receive 2.15 per cent. as spread, and otherwise being documented on standard physically settled inter-bank terms. 6. Replacements