Swap Document definition

Swap Document means any and all documents related to any Swap Transactions by and between the Borrower and Bank (or Bank’s Affiliate), including but not limited to the 2002 version of the “ISDA” (International Swaps and Derivatives Association, Inc.) Master Agreement, the Schedule to the Master Agreement, any Credit Support Annexes, any Swap Trade Confirmations, Risk Disclosure Statements, Eligible Contract Participant Verification Forms, and all such other related documents as Bank may require.

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Swap Document means any interest rate hedging agreement (substantially in the form agreed by the Company and the Agent prior to the date of this Agreement) entered into by the Company with any of the Banks party to this Agreement as at the date of this Agreement and any confirmation entered into pursuant to any such agreement. "Syndication" means the primary syndication (including the initial syndication to sub-underwriters and the subsequent general syndication) by the Arrangers of the Facilities. "Syndication Agreement" means an agreement substantially in the form of Part III of Schedule 5. "Syndication Letter" means a letter dated the date of this Agreement from the Arrangers to the Company in respect of the Syndication and other matters. "Target" means London Electricity plc (Registered no. 2366852). "Total Commitments" means the aggregate of the Total Facility A Commitments, the Total Facility B Commitments and the Total Facility C Commitments, being 1,250,000,000 pounds at the date of this Agreement. "Total Facility A Commitments" means the aggregate for the time being of the Facility A Commitments, being the amount agreed in the Syndication Letter. "Total Facility B Commitments" means the aggregate for the time being of the Facility B Commitments, being the amount agreed in the Syndication Letter. "Total Facility C Commitments" means the aggregate for the time being of the Facility C Commitments, being the amount agreed in the Syndication Letter. "Unconditional Acceptances Date" means the date on which the Offer is declared or becomes unconditional as to acceptances. "Utilisation" means a Loan or the Guarantee. "Utilisation Date" means a Drawdown Date or the Issue Date.

Swap Document has the meaning given to such term in the Intercreditor Agreement.

Examples of Swap Document in a sentence

• Notwithstanding anything contained in this Agreement or any other Loan Document to the contrary, if all or any portion of the Loan is subject to a Bank Swap Document, and such Bank Swap Document provides for a payment schedule for principal and interest contrary to the provisions of this Agreement or any other Loan Document, the payment schedule set forth in such Bank Swap Document shall govern with respect to that portion of the Loan subject to such Bank Swap Document.

• This Agreement is a Repurchase Document and a Swap Document for all purposes.

• Notwithstanding any provision of this Agreement, any Loan Document or any Wachovia Swap Document to the contrary, (i) no covenant or agreement of Borrower Party shall prohibit Borrower Party from entering into any Wachovia Swap Document; and (ii) the right of Bank to accelerate any of the Obligations shall not be construed to require the termination or unwinding of any transactions the subject of any Wachovia Swap Documents.

• The occurrence of an event of default by a Loan Party under any Swap Document, after the expiry of any applicable grace period thereunder.

• If any payment of principal or interest, or any other sum payable to the Bank by Borrower pursuant to this Agreement, the Note or any Swap Document, is not paid when due, or prior to the expiration of the applicable period of grace (if any) therefor, the Bank may charge and collect from Borrower a Late Charge.

• Notwithstanding any provision of this Agreement, any Loan Document or any ▇▇▇▇▇ Fargo Swap Document to the contrary, (i) no covenant or agreement of Borrower Party shall prohibit Borrower Party from entering into any ▇▇▇▇▇ Fargo Swap Document; and (ii) the right of Bank to accelerate any of the Obligations shall not be construed to require the termination or unwinding of any transactions the subject of any ▇▇▇▇▇ Fargo Swap Documents.

• The early termination of any Swap Document as a result of the occurrence of any event of default, except due to the applicable Swap Lender or its Affiliate no longer being a Lender under this Agreement.

• Sempra’s consent (not to be unreasonably withheld) will be required to modify, or grant a waiver under, any Swap Document if such modification or waiver would materially adversely affect Sempra’s interests.

• Notwithstanding anything contained in this Agreement or any other Loan Document to the contrary, if all or any portion of any Loan is subject to a Bank Swap Document, and such Bank Swap Document provides for a payment schedule for principal and interest contrary to the provisions of this Agreement or any other Loan Document, the payment schedule set forth in such Bank Swap Document shall govern with respect to that portion of such Loan subject to such Bank Swap Document.

• Notwithstanding any provision to the contrary herein, if all or any portion of the Loans are subject to a Wachovia Swap Document and such Wachovia Swap Document provides for a payment schedule for principal and interest contrary to the provisions of this Agreement or any other Loan Document, the payment schedule set forth in such Wachovia Swap Document shall govern with respect to that portion of the applicable Loan subject to such Wachovia Swap Document.

More Definitions of Swap Document

Swap Document means a▇ ▇▇▇▇▇est rate hedging agreement (substantially in the form agreed by the Company and the Agent prior to the date of this Agreement) entered into by the Company with certain Banks party to this Agreement as at the date of this Agreement and any confirmation entered into pursuant to any such agreement. "Total Commitments" means the aggregate of the Total Facility A Commitments and the Total Facility C Commitments, being BPS1,010,000,000 at the Effective Date. "Total Facility A Commitments" means the aggregate for the time being of the Facility A Commitments, being BPS810,000,000 at the Effective Date. "Total Facility C Commitments" means the aggregate for the time being of the Facility C Commitments, being BPS200,000,000 at the Effective Date. "UK GAAP" means generally accepted accounting principles in the United Kingdom as at the date of this Agreement, consistently applied. "US GAAP" means generally accepted accounting principles in the United States as at the date of this Agreement, consistently applied.