Swap Payment Date definition

Swap Payment Date. For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

Swap Payment Date means the date on which Net Swap Receipts or Net Swap Payments, as applicable, are made pursuant to the Interest Rate Swap Agreement.]

Swap Payment Date. Two Swap Business Days prior to the Distribution Date.

Examples of Swap Payment Date in a sentence

• All such investments must be payable on demand or mature on a Swap Payment Date, a Distribution Date or such other date as directed by the Certificateholders.

• On the Initial Swap Payment Date, the Swap Counterparty will pay an amount to the Issuer equal to the Initial Swap Payment Amount.

• On the Initial Swap Payment Date, the Issuer will pay an amount to the Swap Counterparty equal to the Issuer Initial Swap Payment Amount.

• The Securities Administrator shall deposit into the Supplemental Interest Account any amounts required to be paid to the Swap Provider pursuant to the preceding sentence and shall distribute from the Supplemental Interest Account any such amounts to the Swap Provider as required by Section 4.10 on each Swap Payment Date.

• All such investments must be payable on demand or mature on a Swap Payment Date or such other date as directed by the Certificateholders.

More Definitions of Swap Payment Date

Swap Payment Date. For so long as the Swap Agreement is in effect or amounts remain unpaid thereunder, the second Business Day (as defined in the Swap Agreement) immediately preceding each Distribution Date.

Swap Payment Date. The day that falls one Swap Business Day prior to the 25th day of each month beginning in May 2006 through and including April 2011.

Swap Payment Date means each “Payment Date” as defined under the Swap Agreement.

Swap Payment Date. As specified in the Terms Schedule.

Swap Payment Date. The 25th day of each month beginning in November 2005 through and including September 2009, or, if such day is not a day on which commercial banks and foreign exchange markets in New York settle payments and are open for general business, the first following day on which commercial banks and foreign exchange markets in New York settle payments and are open for general business.

Swap Payment Date. As defined in the Series Supplement.

Swap Payment Date. The "Business Day" (as defined in the Swap Agreement) before each Distribution Date.