Swap Payments definition

Swap Payments means, with respect to each Distribution Date, the amount, if any, payable to a Swap Counterparty by the Trust for such date, including amounts due and unpaid from prior Distribution Dates (other than Swap Termination Payments), as specified in the applicable Swap Agreement.

Swap Payments means as of each payment date specified in an Interest Rate Swap, the amount, if any, payable to the Swap Counterparty by the Issuer. Swap Payments do not include any Termination Payments.

Swap Payments means amounts payable to or receivable by HVF pursuant to any Swap Agreement.

Examples of Swap Payments in a sentence

• Base Rate (Noteholder Servicing Fee + Admin Fee + Monthly Interest + Swap Payments - Swap Receipts / BOP Collateral) i.

• Base Rate (Noteholder Servicing Fee + Admin Fee + Monthly Interest + Swap Payments - Swap Receipts / BOP Collateral)i.

• Series 2008B COPs Swap Agreement - Swap Payments and Associated Debt.

• The amount of the currency Swap Payments and the currency Swap Termination Payments, if any, due to the currency Swap Counterparty under the currency Swap Agreement.

• Any interest payments received in respect of the Mortgage Loans in a Loan Group or Loan Groups in excess of the amount that is needed to pay interest on the related Certificates and the issuing entity’s expenses related to that Loan Group (including any Net Swap Payments that may be payable to the Swap Counterparty) will be used to reduce the total Certificate Principal Balance of the Certificates, until the required level of overcollateralization has been maintained or restored.

More Definitions of Swap Payments

Swap Payments means all payments made or to be made to the Borrowers under the Master Swap Agreement by the Swap Provider including (but without prejudice to the generality of the foregoing) all claims for damages in respect of any breach by the Swap Provider of the Master Swap Agreement; and “Swap Provider” includes its successors in title.

Swap Payments means all moneys whatsoever which are now or may later become payable (actually or contingently) to the Assignor under or in connection with the Assigned Agreement.

Swap Payments means as of each payment date specified in an Interest Rate Swap, the amount, if any, payable to the Swap Counter Party by the Trustee, on behalf of the Commission.

Swap Payments. With respect to each Due Period, the payments that are required to be made to or from the Trust under any Swap Agreement then in effect.

Swap Payments means all scheduled monthly net payments required to be made under the Swap to Counterparty in accordance with the terms of such Swap.

Swap Payments means amounts payable to or receivable by ZVF pursuant to any Swap Agreement.

Swap Payments means as of each payment date specified in an Interest Rate Swap, the amount, if any, payable to the Swap Counterparty by the Trustee on behalf of the Issuer.