Swap Breakage Loss definition

Swap Breakage Loss means, as to any Holder, the value of the Swap Break Amount payable by such Holder if the Swap Break Amount is a positive number.

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Swap Breakage Loss is defined in Section 8.9.

Swap Breakage Loss as to any Lender, the value of the Swap Break Amount for such Lender if the Swap Break Amount is a positive number.

Examples of Swap Breakage Loss in a sentence

Any Swap Breakage Loss or Swap Breakage Gain payable pursuant to the terms of the Operative Documents shall be payable in Dollars.
In the case of each prepayment of Notes pursuant to this Section 8, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment, together with interest on such principal amount accrued to such date and the applicable Make-Whole Amount, if any, Modified Make-Whole Amount, if any, and in the case of any Swapped Notes, Swap Breakage Loss, if any.
Within five Business Days of receipt of such Notice, the Borrower will pay directly to such Lender any such Swap Breakage Loss, or such Lender will pay directly to the Borrower any such Swap Breakage Gain, as the case may be.
From and after such date, unless such Issuer shall fail to pay such principal amount when so due and payable, together with the interest and Make-Whole Amount, if any, Modified Make-Whole Amount, if any, and in the case of any Swapped Notes, Swap Breakage Loss, if any, as aforesaid, interest on such principal amount shall cease to accrue.
Payment of the principal of, Make-Whole Amount, if any, Modified Make-Whole Amount, if any, Swap Breakage Loss, if any, and interest on this Note shall be unconditionally guaranteed by the Obligors in accordance with the terms of the Note Purchase Agreement.
In addition, in the event of the occurrence of the events described in clause (f) above, the Borrower agrees to pay BNPP promptly (but in any event within three (3) Business Days of the Cutoff Date) as compensation, an amount equal to any Swap Breakage Loss and all losses (but excluding loss of profit) incurred by BNPP in liquidating or unwinding funds on a day other than the last day of an Interest Period which were acquired by BNPP to fund its portion of the Loan.
From and after such date, unless the EUR Issuer shall fail to pay such principal amount when so due and payable, together with the interest and Make-Whole Amount, if any, Modified Make-Whole Amount, if any, and in the case of any Swapped Notes, Swap Breakage Loss, if any, as aforesaid, interest on such principal amount shall cease to accrue.
Subject to Section 15.2, payments of principal, Make-Whole Amount, if any, Modified Make-Whole Amount, if any, Swap Breakage Loss, if any, and interest becoming due and payable on the Notes shall be made by the Issuers in lawful currency of the Applicable Currency in New York, New York at the principal office of Bank of America, N.A. in such jurisdiction.
Subject to Section 15.2, payments of principal, Make-Whole Amount, if any, Modified Make-Whole Amount, if any, Swap Breakage Loss, if any, and interest becoming due and payable on the Notes shall be made by the EUR Issuer in lawful currency of the Applicable Currency in New York, New York at the principal office of Bank of America, N.A. in such jurisdiction.
If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make-Whole Amount and, at any time this Note is a Swapped Note, Swap Breakage Loss) and with the effect provided in the Note Purchase Agreement.

More Definitions of Swap Breakage Loss

Swap Breakage Loss means, as to any Lender of a Fixed Rate Loan, the value of the Swap Break Amount payable by such Lender if the Swap Break Amount is a positive number.

Swap Breakage Loss has the meaning set forth in the Loan Agreement.

Swap Breakage Loss means, in respect of any Fixed Rate Loan, the relevant Swap Break Amount if such Swap Break Amount is a positive number.

Swap Breakage Loss means the absolute value of the Swap Break Amount if the Swap Break Amount is a negative number.

Swap Breakage Loss shall include LIBOR and other funding breakage costs, if any, and may be determined by Lessor and any Participant by reference to the Standard International Swap Dealers Association calculation for "Loss." Upon payment of all sums due hereunder, the term of this Sublease as to such unit shall terminate and (except in the case of the loss, theft or complete destruction of such unit) Lessor shall be entitled to recover possession of such unit.