Examples of Swap Termination Date in a sentence
In such circumstances, the Interest Rate Swap Termination Date shall be deemed to have been designated as an Early Termination Date hereunder.
In such circumstances, the Asset Swap Termination Date shall be deemed to have been designated as an Early Termination Date hereunder.
Either party has the right to terminate the Swap Agreement before the Swap Termination Date upon a failure to pay by the other party, the bankruptcy of the other party, or a Merger Without Assumption (as defined in the Swap Agreement) by the other party except that the Swap Counterparty does not have the right to terminate upon a failure to pay by the Trust if such failure occurs as a result of the assets of the Trust being insufficient to make the related payment in full.
Upon the occurrence of an Illegality, Tax Event and Tax Event Upon Merger, as such terms are defined in the Swap Agreement, the party that is not the affected party, if there is only one affected party, or either party, if both parties are affected by such events, has the right to terminate the Swap Agreement before the Swap Termination Date.
Depending on the type of rental or lease, the responsibility for insurance coverage varies.