Swap Collateral Amounts definition

Swap Collateral Amounts means all amounts to be provided by a Swap Counterparty as collateral pursuant to the relevant Swap Agreement as a result of a downgrade or otherwise.
View Source

Examples of Swap Collateral Amounts in a sentence

  • In the event that any Swap Collateral Amounts are received from the Swap Counterparty pursuant to the terms of the Swap Agreement, the Administrator shall deposit such funds, or cause such funds to be deposited, into the Swap Collateral Account.

  • Within five Business days after the Restatement Date, Borrower shall issue a Designation Notice to specify Asset-Specific Swap Collateral Amounts (effective retroactively to the Restatement Date) consistent with such Designation Notice and the Designation Conditions.

  • Lender hereby confirms and approves such Designation Notice, even though it does not designate Asset-Specific Swap Collateral Amounts.

Related to Swap Collateral Amounts

  • 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.]

  • Swap Collateral means, at any time, any asset (including, without limitation, cash and/or securities) which is paid or transferred by a Swap Provider to the Guarantor (and not transferred back to the Swap Provider) as credit support to support the performance by such Swap Provider of its obligations under the relevant 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; for greater certainty, Contingent Collateral shall at all times be excluded from Swap Collateral;