Examples of Swap Certificates in a sentence
On the Business Day preceding each Distribution Date, the Swap Trustee shall notify the Trustee of any amounts distributable to the Swap Certificates pursuant to Section 4.02(h)(iii) through (viii) that will remain unpaid following all distributions to be made on such Distribution Date pursuant to Section 4.02(a) through (c).
Each Class of Exchangeable Certificates and Swap Certificates shall be issued on the Closing Date with the respective Aggregate Certificate Balance set forth for such Class in the Preliminary Statement hereto.
Very truly yours, [NAME OF TRANSFEREE] By: Authorized Officer EXHIBIT G-2 BENEFIT PLAN AFFIDAVIT Re: [Trust Information] ERISA-Restricted Certificates and ERISA-Restricted Swap Certificates STATE OF [_________] ) )ss: COUNTY/CITY OF [_______] ) Under penalties of perjury, I, the undersigned, declare that, to the best of my knowledge and belief, the following representations are true, correct, and complete.
ERISA-Restricted Swap Certificates: Any of the Offered Certificates.
Each Class of EC Trust Certificates and Swap Certificates shall be issued on the Closing Date with the respective Aggregate Certificate Balance set forth for such Class in the Preliminary Statement hereto.
Such assets shall be held by the Certificate Administrator on behalf of the Trustee for the benefit of the Holders of the Swap Certificates, which Swap Certificates, in the aggregate, will evidence 100% beneficial ownership of such assets from and after the Closing Date.
On the Business Day preceding each Distribution Date, the Swap Trustee shall notify the Swap Contract Administrator of any amounts distributable to the Swap Certificates pursuant to Section 4.02(d)(iii) through (viii) that will remain unpaid following all distributions to be made on such Distribution Date pursuant to Section 4.02(a) through (c).
Under no circumstances may the Certificate Administrator vary the assets of the Swap Grantor Trust so as to take advantage of variations in the market so as to improve the rate of return of Holders of the Swap Certificates.
On the Business Day preceding each Distribution Date, the Swap Trustee shall notify the Swap Contract Administrator of any amounts distributable to the Certificate Swap Certificates pursuant to Section 4.02(d)(3) through (8) that will remain unpaid following all distributions to be made on such Distribution Date pursuant to Section 4.02(a) through (c).
In addition, to the extent any amount payable with respect to a NDI Swap Certificate (as described in the Preliminary Statement) is used to make payments to the NDI Swap Counterparty, the Trustee shall treat the amount as first payable to the Holders of the related NDI Swap Certificates and as then paid by the Holders of the related Certificates with respect to their deemed obligations to the NDI Swap Counterparty as described above.