Replacement Swap Premium definition

Replacement Swap Premium means the amount payable by the Issuer to a replacement swap counterparty or by a replacement swap counterparty to the Issuer (as the case may be) in order to enter into a replacement swap agreement on substantially the same terms as the Swap Agreement to replace or novate the Swap Agreement.
Replacement Swap Premium means an amount received by the Issuer from a replacement swap provider or an amount paid by the Issuer to a replacement swap provider upon entry by the Issuer into a Replacement Swap Agreement; repurchase or repurchased means, in connection a Loan and its Related Security:
Replacement Swap Premium means an amount received by the Issuer from a replacement interest rate swap provider upon entry by the Issuer into an agreement with such replacement interest rate swap provider to replace the Interest Rate Swap;

Examples of Replacement Swap Premium in a sentence

  • Any Replacement Swap Premium will be paid to the Currency Swap Provider to the extent required to satisfy any termination payment obligation.

  • Any Replacement Swap Premium will be paid to the Interest Rate Swap Provider to the extent required to satisfy any termination payment obligation.


More Definitions of Replacement Swap Premium

Replacement Swap Premium means an amount received by the Issuer from a replacement swap provider upon entry by the Issuer into an agreement with such replacement swap provider to replace the Interest Rate Swap Provider; and
Replacement Swap Premium means any amount to be paid by the Issuer to a replacement fixed rate swap provider or received by the Issuer from a replacement fixed rate swap provider upon entry by the Issuer into an agreement with such replacement fixed rate swap provider to replace the Fixed Rate Swap, as the case may be;