Replacement Currency Swap Transaction definition

Replacement Currency Swap Transaction means any Currency Swap Transaction entered into by the Issuer in accordance with the provisions of the Portfolio Management Agreement upon termination of an existing Currency Swap Transaction in whole or in part on substantially the same terms as such existing Currency Swap Transaction, that preserves for the Issuer the economic effect of the terminated Currency Swap Transaction, subject to such amendments thereto as may be agreed by the Trustee and in respect of which Rating Agency Confirmation is obtained unless such Replacement Currency Swap Transaction is a Form-Approved Currency Swap.
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Replacement Currency Swap Transaction. ’ means any currency swap transaction entered into by the Issuer in replacement of, and on substantially the same terms as, an existing Currency Swap Transaction pursuant to a Replacement Currency Swap Agreement.
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Examples of Replacement Currency Swap Transaction in a sentence

  • Currency Swap Replacement Receipts means any amount payable to the Issuer by the Currency Swap Counterparty upon entry into a Replacement Currency Swap Transaction which is replacing the Currency Swap Transaction which was terminated.

Related to Replacement Currency Swap Transaction

  • Settlement Currency means Pounds sterling ("GBP").

  • Payment Currency has the meaning given in Clause 21.4;

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • Agreement Currency has the meaning specified in Section 10.19.

  • Underlying Currency means the Underlying Currency as specified in § 2 of the Product and Underlying Data.

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

  • First Currency has the meaning specified in Section 1.15.

  • Judgment Currency has the meaning specified in Section 10.19.

  • RMB Currency Events means any one of RMB Illiquidity, RMB Non-Transferability and RMB Inconvertibility;

  • Approved Currency means each of Dollars and each Alternate Currency.

  • Party A Currency Amount In respect of each Party A Calculation Period, an amount in Dollars equal to the principal amount outstanding of the Relevant Notes on the first day of such Calculation Period (after taking into account any redemption on such day).

  • Permitted Currency means (1) the legal tender of any Group of 7 country (or any country that becomes a member of the Group of 7 if such Group of 7 expands its membership) or (2) the legal tender of any country which, as of the date of such change, is a member of the Organization for Economic Cooperation and Development and has a local currency long-term debt rating of either AAA or higher assigned to it by Standard & Poor's, a division of The McGraw-Hill Companies, Inc. or any successor to the rating business thereof, Aaa or higher assigned to it by Moody's Investors Service, Inc. or any successor to the rating business thereof or AAA or higher assigned to it by Fitch Ratings or any successor to the rating business thereof;

  • Second Currency has the meaning specified in Section 14.19.

  • Interest Rate or Currency Protection Agreement of any Person means any forward contract, futures contract, swap, option or other financial agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements) relating to, or the value of which is dependent upon, interest rates or currency exchange rates or indices.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Termination Currency means United States Dollars.

  • Mid-Swap Rate means, in relation to a Reset Determination Date and subject to Condition 4(b)(ii), either:

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Order Form Currency means the currency in which all calculations shall be made on an Initial Order Form or Order Form unless stipulated otherwise herein. The Order Form Currency is determined as the currency being applied in SAP Cloud pricing applicable to the country of residence of the Customer as defined in the Order Form (if not otherwise agreed therein) and may differ from the Payment Currency.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.