Swap Termination Amount definition

Swap Termination Amount means, in respect of any one or more Hedging Agreements entered into by any Person, after taking into account the effect of any legally enforceable netting agreement relating to such Hedging Agreements, for any date on or after the date such Hedging Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s).

Swap Termination Amount means the net termination payment payable in respect of the Swap Agreement.

Swap Termination Amount means the sum of:

Examples of Swap Termination Amount in a sentence

• If the relevant Swap Termination Amount is a positive number it shall be payable by VIS to UBS and if the relevant Swap Termination Amount is a negative number, the absolute value of such negative number shall be payable by UBS to VIS.

• Each time that a Hedge Swap Transaction is terminated (or partially terminated) a related Hedge Swap Termination Amount will become payable by or to the Issuer under the Master Hedge CDS.

• If the Swap Termination Amount is a positive number it shall be payable by VIS to UBS and if the Swap Termination Amount is a negative number, the absolute value of such negative number shall be payable by UBS to VIS.

• If an Early Termination Date occurs, the amount payable in respect of the Early Termination Date with respect to this Swap Transaction shall be the relevant Swap Termination Amount (as defined in, and determined in accordance with, the Terms of the Class [A/B] Notes).

• If an Early Termination Date occurs, the amount payable in respect of the Early Termination Date with respect to this Swap Transaction shall be the Swap Termination Amount (as defined in, and determined in accordance with, the Terms of the Notes).

More Definitions of Swap Termination Amount

Swap Termination Amount has the meaning assigned to such term in the definition of “Indebtedness”.

Swap Termination Amount means an amount in the currency of the Notes equal to the cost to the Swap Counterparty (as a positive number) in relation to the termination of the Charged Agreement and, if applicable, the termination of any hedging transactions (including but not limited to funding transactions) entered into in connection with the Notes or the benefit to the Swap Counterparty (as a negative number) in relation to the termination of the Charged Agreement and, if applicable, the termination of any hedging transactions (including but not limited to funding transactions), as determined by the Calculation Agent in its sole and absolute discretion and acting in good faith and in a commercially reasonable manner, provided that the Swap Termination Amount calculated upon the occurrence of a Relevant Securities Early Redemption Event shall be zero (and, pursuant to the terms of the Charged Agreement, no amount shall be payable by either party to the other under the Charged Agreement pursuant to a termination of the Charged Agreement as a result of such Relevant Securities Early Redemption Event).

Swap Termination Amount means any termination amount payable by either party to any Swap Agreement.

Swap Termination Amount means, in respect of a Class of Securities the sum of:

Swap Termination Amount. Any amount due to the Swap Counterparty from the Issuing Entity in respect of an Early Termination Date of the applicable Interest Rate Swap, if any.]

Swap Termination Amount means an amount due and payable by the Charter ------------------------- Trustee under Section 6(d) or (e) of the Hedging Agreements.

Swap Termination Amount means, with respect to any Confirmation, the ----------------------- sum of the Senior Swap Termination Amount and the Junior Swap Termination Amount payable by United, as the swap counterparty, under such Confirmation.