Examples of Swap Effective Date in a sentence
To provide a hedge against currency and timing risks arising, following the Covered Bond Swap Effective Date, in respect of amounts received by the Guarantor under the Interest Rate Swap Agreement and amounts payable in respect of its obligations under the Covered Bond Guarantee, the Guarantor has entered into the Covered Bond Swap Agreement with the Covered Bond Swap Provider.
In the third case, Panama requested consultations with Colombia in July 200617, but in December 2006, it notified the DSB that the case had been settled mutually.
In addition, to provide a hedge against currency and/or other risks arising, following the Covered Bond Swap Effective Date, in respect of amounts received by the Guarantor under the Interest Rate Swap Agreement and amounts payable in respect of its obligations under the Covered Bond Guarantee, the Guarantor has entered into or will enter into a Covered Bond Swap Agreement with the Covered Bond Swap Provider in respect of each Series of Covered Bonds.
Cashflows will be exchanged under the Covered Bond Swap Agreement following the Covered Bond Swap Effective Date.
See “Glossary” for details on how the Covered Bond Swap Effective Date is determined.
The Guarantor has entered into the Interest Rate Swap Agreement with the Interest Rate Swap Provider to provide a hedge, following the Interest Rate Swap Effective Date, against possible variances in the rates of interest payable on the Loans in the Portfolio (which may, for instance, include variable rates of interest or fixed rates of interest), the amounts payable on the Intercompany Loan and (following the Covered Bond Swap Effective Date) the Covered Bond Swap Agreement.
Following the Covered Bond Swap Effective Date, the Guarantor will make payments to the Covered Bond Swap Provider on each Guarantor Payment Date from the amounts received by the Guarantor under the Interest Rate Swap Agreement.
Following the Covered Bond Swap Effective Date, the Guarantor will, on each Guarantor Payment Date, pay or provide for payment of an amount to the Covered Bond Swap Provider based on the Canadian Deposit Offering Rate for Canadian Dollar deposits (CDOR) having the relevant maturity for the agreed period.
The Borrower may notify the Senior Loan Participants of its request, pursuant to the Notice of Borrowing, for the Senior Loans to bear interest at a Fixed Rate, which Fixed Rate shall be fixed two Business Days prior to the Funding Date (the “ Swap Effective Date ”).
Reference Interest Rate Swap: Effective Date: July 24, 2008 Termination Date: April 25, 2018 Notional Amount: Underlying Collateral Notional Amount Fixed Rate: 4.85%Fixed Rate Payer Payment Dates: Each November 25 and April 25.