Swap Counterparty Default definition

Swap Counterparty Default means an Event of Default (as defined in the Swap Agreements) where the Swap Counterparty is the Defaulting Party (as defined in the ISDA Master Agreement).
Sample 1Sample 2Sample 3
Swap Counterparty Default means an Event of Default (as defined in the ISDA Master Agreement) in respect of which the Defaulting Party (as defined in the ISDA Master Agreement) is the Swap Counterparty.
Sample 1Sample 2Sample 3
Swap Counterparty Default means a Swap Guarantor Ratings Downgrade or an Event of Default or Termination Event under this Agreement, in respect of which Buyer is the Defaulting Party or the sole Affected Party (as such terms are defined in the Agreement).
Sample 1Sample 2Sample 3

Examples of Swap Counterparty Default in a sentence

  • For the purposes of Condition 8(b) an Early Redemption Event in the form of an “ETC Securities Swap Redemption Event” will occur on the fourth Scheduled Valuation Day following the date of the Swap Counterparty Default Redemption Notice.

  • Financial information on a lessee by lessee basis is provided in Confidential Attachment 1.Option 1 – Instigate billing for seven yearsThe Town may invoice lessees for the amounts owing to/by the Town for the full seven years.Administration does not support this option due to Issues 2-4 noted above.

  • Liquidation Event means the occurrence of a Mandatory Early Redemption Event in circumstances in which a Note Guarantor Default and a Swap Counterparty Default have occurred.

  • The Issuer will procure that all Charged Assets transferred to the Issuer pursuant to the Swap Agreement or, following the occurrence of a Swap Counterparty Default, the Note Guarantee that (A) are comprised of securities shall be credited to the Collateral Account immediately upon receipt thereof and (B) are cash shall be credited to the Cash Account immediately upon receipt thereof.

  • Except where it is a Currency Swap Counterparty Default Payment, the termination payment due by the Issuer will rank pari passu with the relevant class of Notes.

  • Prior to a Swap Counterparty Default, the Issuer will not exercise any rights in its capacity as a holder of, or person beneficially entitled to or participating in the Charged Assets unless approved in writing in advance by the Loan Servicer (on the instructions of the Swap Counterparty) and, if such approval is given, the Issuer will act only in accordance with such approval.

  • Total Return Swap Counterparty Default means an event other than a Downgrade Swap Termination which constitutes an "Event of Default" under the Total Return Swap Agreement where the Total Return Swap Counterparty is the "Defaulting Party" for the purposes of the Total Return Swap Agreement and following the occurrence of which the Total Return Swap Agreement is terminated in accordance with its terms.

  • Gualberto Cremades: SIPD- Ibero-American Society of Sport Psychology – founded in 2005 with members from 20 Spanish and Portuguese speaking countries.

  • For the avoidance of doubt, Condition 7(d) ( Redemption on termination of Charged Agreement) shall only apply to the Notes if the Charged Agreement is terminated in whole but not in part and shall not apply where the Charged Agreement is terminated as a consequence of any other Note Redemption Event and/or Extraordinary Event (save in respect of an Extraordinary Event that is a Swap Counterparty Default), a Credit Event, Condition 7(j) (Purchase), and/or Condition 7(k) (Exchange of Series).

  • Any early termination of all the Credit Default Swaps as a result of a Swap Counterparty Default Event will result in the occurrence of a Note Event of Default.


More Definitions of Swap Counterparty Default

Swap Counterparty Default means, in the case of Rated Notes only, that all transactions under the Swap Agreement are terminated by reason of the occurrence of an event described in Section 5(a) or 5(b) of the ISDA Master Agreement in respect of the Swap Counterparty, its Credit Support Provider or any Specified Entity of the Swap Counterparty (as applicable) in respect of which the Swap Counterparty is the Defaulting Party or sole Affected Party (as such terms are defined in the Swap Agreement).
Sample 1
Swap Counterparty Default means an Event of Default (as defined in the Interest Rate Swap) by the Swap Counterparty which does not result in an assignment of the transaction under the Interest Rate Swap pursuant to Section 1.02(a) of the Contingent Assignment Agreement).
Sample 1
Swap Counterparty Default means an Event of Default (as defined in the Swap Agreements, including, for the avoidance of doubt, any Rating Downgrade EoD) where the Swap Counterparty is the Defaulting Party (as defined in the ISDA Master Agreement).
Sample 1
Swap Counterparty Default. A Swap Early Termination where the Swap Counterparty is either the Defaulting Party or the Affected Party (each as defined in the Swap Agreement).
Sample 1
Swap Counterparty Default means an Event of Default or Termination Event (each as defined in the Swap Agreements) where the Swap Counterparty is the Defaulting Party or, as the case may be, the sole Affected Party (each as defined in the ISDA Master Agreement).
Sample 1
Swap Counterparty Default means an Event of Default (as defined in the Swap Agreement) in respect of which the Defaulting Party (as defined in the Swap Agreement) is the Swap Counterparty.
Sample 1

Related to Swap Counterparty Default

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

  • Swap Default Any of the circumstances constituting an “Event of Default” under the Swap Agreement.

  • Swap Counterparty Trigger Event A Swap Counterparty Trigger Event shall have occurred if any of a Swap Default with respect to which the Swap Counterparty is a Defaulting Party, a Termination Event with respect to which the Swap Counterparty is the sole Affected Party or an Additional Termination Event with respect to which the Swap Counterparty is the sole Affected Party has occurred.

  • Swap Provider The swap provider under the Swap Agreement either (a) entitled to receive payments from the Supplemental Interest Trust or (b) required to make payments to the Supplemental Interest Trust, in either case pursuant to the terms of the Swap Agreement, and any successor in interest or assign. Initially, the Swap Provider shall be Deutsche Bank AG New York Branch.

  • Bankruptcy Default has the meaning assigned to such term in Section 6.01.

  • Master Servicer Event of Default wherever used herein, means any one of the following events:

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Eligible Swap Counterparty means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Credit Default Swap means any credit default swap entered into as a means to (i) invest in bonds, notes, loans, debentures or securities on a leveraged basis or (ii) hedge the default risk of bonds, notes, loans, debentures or securities.

  • Secured Swap Provider means (i) a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate Contract) who has entered into a Secured Rate Contract with Borrower, or (ii) a Person with whom Borrower has entered into a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, and any assignee thereof.

  • Authority Default shall have the meaning set forth in Clause 23.2;

  • Senior Default means any Senior Payment Default or Senior Covenant Default.

  • Bank Default means (i) the refusal (which has not been retracted) of a Bank to make available its portion of any Borrowing or to fund its portion of any unreimbursed payment under Section 2.03(c) or (ii) a Bank having notified in writing the Borrower and/or the Agent that it does not intend to comply with its obligations under Section 1.01 or Section 2, in the case of either clause (i) or (ii) as a result of any takeover of such Bank by any regulatory authority or agency.

  • Monetary Default shall have the meaning assigned to such term in Section 11(a).

  • Non-Monetary Default shall have the meaning assigned to such term in Section 11(d).

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.

  • Hedge Counterparty means a Lender, the Administrative Agent or any of the Lender’s or the Administrative Agent’s affiliates (at the time a hedging agreement is entered into) who has entered into a hedging agreement for the purpose of hedging interest rate liabilities and/or any exchange rate and/or commodity price risks provided it has become a party, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, to the First Lien Intercreditor Agreement in its capacity as hedge counterparty.

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

  • Forbearance Default means: (A) the failure of the Company to provide the Noteholder Group and its financial advisors with reasonable access, as determined by the Noteholder Group in its reasonable discretion, to its Chief Executive Officer, other senior executives and outside advisors, including representatives of Xxxxx Xxxxx Xxxxxx that are working with the Company, and to provide the Noteholder Group and its legal and financial advisors with any and all due diligence information they may reasonably request, including, without limitation, the Company’s current 13-week cash flow schedule, and all updates thereto as soon as reasonably practicable after they are prepared, but in no event no later than two (2) business days thereafter; (B) the failure of the Company to engage in good faith negotiations with the Noteholder Group regarding a potential restructuring transaction, which determination shall be made by the Noteholder Group in its reasonable discretion; (C) the failure of the Company to promptly notify the Noteholder Group of the occurrence of a Forbearance Default (as defined in the DDJ Third Amended Forbearance Agreement) under the DDJ Third Amended Forbearance Agreement or any amendment or modification to the DDJ Third Amended Forbearance Agreement; (D) termination of the DDJ Third Amended Forbearance Agreement; (E) the execution of any amendment or modification to the DDJ Third Amended Forbearance Agreement, which amendment or modification has a material adverse effect on the Noteholder Group as determined by the Noteholder Group in its reasonable discretion; (F) termination by the Company of the Xxxxxx Engagement Letter or the failure of the Company to pay Xxxxxx’x fees, expenses and indemnity in accordance with the terms of the Xxxxxx Engagement Letter; (G) the occurrence of any Event of Default that is not a Specified Existing Default; (H) the failure of the Company to comply with any term, condition, covenant or agreement set forth in this Third Amended Forbearance Agreement; (I) the failure of any representation or warranty made by the Company under this Third Amended Forbearance Agreement to be true and correct in all material respects as of the date when made; (J) the commencement by or against the Company or any of the Subsidiaries of a case under title 11 of the United States Code; or (K) the commencement of any action or proceeding by any creditor of the Company or any of the Subsidiaries seeking to attach or take similar action against the assets of the Company or the Subsidiaries. Any Forbearance Default shall constitute an immediate Event of Default under the Indenture.

  • Non-Payment Default means any event (other than a Payment Default) the occurrence of which entitles one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Issuer Event of Default means the occurrence of any of the following events:

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.

  • Servicer Default means an event specified in Section 8.01.