Swap Cash Collateral Account definition

Swap Cash Collateral Account means the cash bank account opened in the name of the CBC pursuant to the CBC Account Agreement with the CBC Account Bank and any further account opened to hold Swap Collateral in the form of cash. Swap Collateral means, at any time, any asset (including cash and/or securities) which is paid or transferred by the relevant Swap Counterparty to the CBC as collateral to secure the performance by such Swap Counterparty of its obligations under any Swap Agreement together with any income or distributions received in respect of such asset and any equivalent of such asset into which such asset is transformed.
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Swap Cash Collateral Account means the bank account of the CBC designated as such in the CBC Account Agreement and any further account opened to hold Swap Collateral in the form of cash.
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Swap Cash Collateral Account means the bank account number IBAN: XX00XXXX0000000000 in the name of the CBC pursuant to the CBC Account Agreement with the CBC Account Bank and any further account opened to hold Swap Collateral in the form of cash.
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Examples of Swap Cash Collateral Account in a sentence

  • The obligations of the Won Account Bank and the Swap Cash Collateral Account Bank will be guaranteed by Citibank, N.A..

  • Swap Collateral Accounts: If an Interest Swap Agreement and/or Structured Swap Agreement and/or aPortfolio Swap Agreement has been entered into and swap collateral is to be posted, the CBC will open a Swap Cash Collateral Account to hold swap collateral in the form of cash and/or, to the extent applicable, will open a custody account to hold swap collateral in the form of securities.

  • Map 8: Location of Roton Lagoon Map 9: Layout Plan of Roton Lagoon The anaerobic ponds are three meter deep basins designed to reduce settleable solids, digest organic solids, and consume soluble organic material through anaerobic biological processes.The facultative pond uses a mixture of aerobic, anoxic and anaerobic zones to further remove soluble organic material and some nitrogen from the water.

  • The Issuer shall procure that sums and/or securities deposited by the Issuer as Synthetic Collateral to secure the Issuer’s obligations under a Synthetic Security pursuant to the terms of such Synthetic Security are paid into separate segregated accounts (each relating to individual Default Swaps) within the Default Swap Cash Collateral Account.

  • The Subordinated Class C Noteholders shall have no further claim against the Issuer for the Principal Amount Outstanding on the Subordinated Class C Notes after the date on which the Issuer no longer holds any Receivables and there are no balances standing to the credit of the Transaction Accounts, the Swap Cash Collateral Account and the Liquidity Facility Stand-by Account and the Issuer has no further rights under or in connection with any of the Relevant Documents.

  • Bank Accounts and Cash Management:The Issuer will open a deposit account (the "Deposit Account"), a swap cash collateral account (the "Swap Cash Collateral Account"), a general reserve fund account (the "General Reserve Fund Account"), a Class A liquidity reserve fund account (the "Class A Liquidity Reserve Fund Account") and an Issuer profit account (the "Issuer Profit Account") pursuant to the Bank Account Agreement with the Issuer Account Bank on or prior to the Closing Date.

  • Eligible Credit Support in the form of cash will be deposited into the relevant Swap Cash Collateral Account and Eligible Credit Support in the form of securities will be deposited into a custody account.

  • The Issuer will open a swap sterling securities collateral account (the "Swap Securities Collateral Account", together with the Swap Cash Collateral Account, the "Swap Collateral Accounts") pursuant to the Bank Account Agreement with the Custodian.

  • In order to receive the asset contribution on behalf of the retirement systems, a Common Pension Fund is hereby established within the Division of Investment in the Department of the Treasury.


More Definitions of Swap Cash Collateral Account

Swap Cash Collateral Account means the bank account with the account number 0264610-000-EUR- 003-CTA and IBAN GB88DEUT40508126461003 held in the name of the Issuer at the Account Bank, as well as any other bank accounts specified as such by or on behalf of the Issuer or the Transaction Security Trustee in the future in addition to or as substitute for such Swap Cash Collateral Account in accordance with the Accounts Agreement and the Transaction Security Agreement and to which the Issuer shall transfer any collateral posted by the Interest Rate Swap Counterparty under the Credit Support Annex, any Replacement Swap Premium and any Swap Tax Credit (save for collateral in the form of securities that shall be transferred to a custody account established by or on behalf of the Issuer for this purpose);
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Swap Cash Collateral Account means (i) with respect to Bank One as a Swap Counterparty, a deposit account held at Bank One in the name of the Collateral Agent, identified by account number 1000000, which deposit account secures the Interest Rate Swap Obligations owing to Bank One as Swap Counterparty, and (ii) with respect to each Swap Counterparty other than Bank One each deposit account held at such other bank as is acting as Swap Counterparty, in the name of such Swap Counterparty, which deposit account secures Interest Rate Swap Obligations owing to such Swap Counterparty.
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Swap Cash Collateral Account means (i) with respect to Bank One, NA, as a Swap Counterparty, a deposit account held at Bank One, NA, in the name of the Collateral Agent, identified by account number 1590000, xhich deposit account secures the Interest Rate Swap Obligations owing to Bank One, NA, as Swap Counterparty, and (ii) with respect to each Swap Counterparty other than Bank One, NA, each deposit account held at such other bank as is acting as Swap Counterparty, in the name of such Swap Counterparty, which deposit account secures Interest Rate Swap Obligations owing to such Swap Counterparty.
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Related to Swap Cash Collateral Account

  • Cash Collateral Account means a blocked, non-interest bearing deposit account of one or more of the Loan Parties at Bank of America in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the Administrative Agent.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Cash Collateral shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Available Reserve Account Amount means, for any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account (after taking into account any interest and earnings retained in the Reserve Account pursuant to Section 4.10(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.4(a)(ix) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.