Swap Policy definition

Swap Policy means the Interest Rate Swap Insurance Policy dated as of the Closing Date issued by the Note Insurer for the benefit of the Initial Swap Counterparty with respect to the Initial Interest Rate Swap Agreement.

Swap Policy means the financial guaranty insurance policy, including any endorsements thereto, issued by Financial Security with respect to the Swap Agreement, substantially in the form attached as Annex I(B) to the Insurance Agreement.

Swap Policy means the Interest Rate Swap Insurance Policy No. SW0350BE issued by Ambac, which guarantees certain payments due under the Swap Agreement.

Examples of Swap Policy in a sentence

• The Commission’s policy and guidelines regarding Interest Rate Swaps are documented in the Commission’s Interest Rate Swap Policy.

• The Commission has developed a separate Interest Rate Swap Policy.

• The purpose of the Interest Rate Swap Policy (“Policy”) of the Pennsylvania Turnpike Commission (“Commission”) is to establish guidelines for the use and management of all interest rate management agreements, including, but not limited to, interest rate swaps, swaptions, caps, collars and floors (collectively “Swaps” or “Agreements”) incurred in connection with the incurrence of debt obligations as authorized by the Commission’s Debt Policy (attached as Exhibit A).

• The matter proceeded to a bifurcated trial on the issues of whether husband was entitled to an annulment, and whether the mahr agreement was a valid and enforceable premarital agreement that would limit the property to which wife would be entitled in the event of a divorce.

• The University will enter into financial derivative transactions following guidelines in the University's Interest Rate Swap Policy.

More Definitions of Swap Policy

Swap Policy means the interest swap insurance policy issued by the Insurer to the Swap Provider with respect to the Swap Agreement, including any endorsements thereto.

Swap Policy means the Financial Guaranty Insurance Policy For Swap Agreement No. 07030013 issued by the Insurer, which guarantees certain payments due under the Swap Agreement.

Swap Policy has the meaning set forth in the recitals to this Agreement.

Swap Policy. The financial guaranty insurance policy issued on ----------- September 25, 1997 by the Swap Guarantor (Policy No. SF0046BE). "Swap Termination Event": A Termination Event under and as defined in ----------------------- the Swap Agreement. "Trust": Mortgage Index Amortizing Trust 1997-1; the trust created by ----- the Trust Agreement and by the filing with the Secretary of State of the State of Delaware a Certificate of Trust of the Trust. "Trust Agreement": The trust agreement entered into between the Owner --------------- Trustee and the Depositor, dated as of September 1, 1997, as amended, supplemented or otherwise modified from time to time pursuant to the terms thereof. "Trust Estate": The meaning specified in the Granting Clause. ------------ "UCC": The Uniform Commercial Code as in effect in the State of New --- York as of the date hereof. "Uncertificated Security": The meaning specified in Section 8-102(1)(b) ----------------------- of the UCC. "Underlying Agreement": The Pooling and Servicing Agreement dated as -------------------- of September 1, 1992 as supplemented by the series supplements thereto relating to Series 1997-5, Series 1997-2, Series 1997-1 and Series 1996-4, between First USA Bank, as transferor and servicer, and The Bank of New York (Delaware), as trustee pursuant to which the CABS were originally issued.

Swap Policy means the financial guaranty issued by the Swap Policy Provider, insuring the contractual amounts due for payment by or on behalf of the School Board pursuant to the Swap Agreement.

Swap Policy means the Debt Service Insurance Policy dated December 14, 2000 issued by the Insurer to Xxxxxxx Xxxxx Capital Services, Inc., a copy of which is attached as Exhibit L, including any novation and assumption of liability by the Reinsurer, as provided in the Assumption of Liability and Novation Endorsement (Swap) to the Swap Reinsurance Agreement.

Swap Policy means, with respect to each Swap Provider, the surety bond or insurance policy in favor of such Swap Provider whereby CapMAC or MBIA guarantees the payments to be made by the Seller to such Swap Provider under the relevant Interest Rate Xxxxxx.