Swap Counterparty definition

Swap Counterparty means a Lender or an Affiliate of a Lender that has entered into a Hedging Arrangement with a Credit Party as permitted by the terms of this Agreement.

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Swap Counterparty means each Eligible Swap Counterparty with which the trust has entered, or will later enter, into an interest rate or currency swap agreement to hedge in part basis and/or currency risks associated with the reset rate notes.

Swap Counterparty. If so specified in the Supplement with respect to any Series (or Class within such Series), as specified in such Supplement.

Examples of Swap Counterparty in a sentence

• Promptly after the execution by the Issuer[, the Grantor Trust] and the Indenture Trustee of any supplemental indenture pursuant to this Section 9.2, the Indenture Trustee shall mail [(A)] to the Holders of the Notes to which such amendment or supplemental indenture relates a notice setting forth in general terms the substance of such supplemental indenture [and (B) to the Swap Counterparty a copy of such amendment or supplemental indenture].

• If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall mail to each Noteholder[, the Swap Counterparty] and the Administrator notice of such Event of Default within ninety (90) days after it occurs.

• The Administrator shall provide (or cause to be provided) notice of such resignation or removal of the Owner Trustee to the Depositor, the Certificateholders, the Indenture Trustee, the Noteholders[, the Swap Counterparty] and the Rating Agencies.

• If such amounts are to be paid to Noteholders pursuant to this Section 10.1(b), the Issuer shall, to the extent practicable, furnish or cause the Servicer to furnish notice of such event to the Depositor, the Indenture Trustee, the Rating Agencies[, the Swap Counterparty] and the Administrator not later than ten (10) days prior to the Redemption Date, whereupon all such amounts shall be payable on the Redemption Date.

• The Issuer shall give the Indenture Trustee, the Depositor, the Rating Agencies[, the Swap Counterparty] and the Administrator prompt written notice of each Event of Default hereunder, each default on the part of the Depositor or the Servicer of its obligations under the Sale and Servicing Agreement, and each default on the part of the Seller or the Depositor of its obligations under the Receivables Purchase Agreement.

More Definitions of Swap Counterparty

Swap Counterparty means the Initial Swap Counterparty and any Replacement Swap Counterparty.]

Swap Counterparty means the counterparty to the respective Swap Agreement.

Swap Counterparty means an unaffiliated third party, as swap counterparty under the Swap Agreement, or any successor or replacement swap counterparty from time to time under the Swap Agreement.

Swap Counterparty. The swap counterparty under the Swap Agreement either (a) entitled to receive payments from the Trustee from amounts payable by the Trust Fund under this Agreement or (b) required to make payments to the Trustee for payment to the Trust Fund, in either case pursuant to the terms of the Swap Agreement, and any successor in interest or assign. Initially, the Swap Counterparty shall be Swiss Re Financial Corporation.

Swap Counterparty means Toyota Motor Credit Corporation, as swap counterparty under the Interest Rate Swap Agreement, or any successor or replacement swap counterparty from time to time under the Interest Rate Swap Agreement.

Swap Counterparty means, at any relevant time and in relation to a continuing Designated Transaction, the Swap Bank which is a party to that Designated Transaction;

Swap Counterparty means Lender or an Affiliate of Lender, in its capacity as counterparty under any Swap Contract.