Swap Termination Fee definition

Swap Termination Fee means the fee payable by the Issuer to the Swap Counterparty on the Final Payment Date in accordance with the Credit Default Swap.
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Swap Termination Fee means the fee payable to the Portfolio Swap Counterparty upon reduction of the Adjusted Principal Balance of the Notes to zero as more fully described in the Portfolio Credit Swap.
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Swap Termination Fee means the amount that Lender reasonably determines in good faith to be its total losses and costs in connection with a termination of the hedging arrangements entered into by Lender in connection with the funding of the Loans and cost of funds rate lock in respect of any such hedging arrangements, including any loss of bargain, cost of funding and loss or cost incurred as a result of its terminating, liquidating, obtaining or reestablishing any hedge or related trading position.
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Examples of Swap Termination Fee in a sentence

  • All payments received by Agent or Lender under the Loan Documents shall be applied: first, to any fees, expenses and indemnification payments due to Agent or Lender under the Loan Documents; second, to any Default Rate interest or late charges; third, to other accrued and unpaid interest; fourth, to the principal sum and other amounts due under the Loan Documents, and fifth to the Exit Fee and, if any, the Swap Termination Fee.

  • Borrowers may voluntarily prepay the Loan in whole but not in part prior to the Maturity Date; provided that, the Borrowers pay to Agent with such prepayment all accrued interest and all other outstanding amounts then due and unpaid under the Loan Documents, including, without limitation, the Exit Fee and, if applicable, the Swap Termination Fee.

  • The Exit Fee and, if applicable, Swap Termination Fee do not constitute a penalty, but rather represent the reasonable estimate, agreed to between Borrowers and Lender, of fair compensation for the loss that may be sustained by Lender due to the payment of the principal Indebtedness prior to the Maturity Date and/or the increased cost and expense to Lender resulting from an acceleration of the Loan.

  • Any Exit Fee or Swap Termination Fee shall be paid without prejudice to the right of Agent to collect on behalf of Lender any of the amounts owing under the Note, this Loan Agreement or the other Loan Documents or otherwise, to enforce any of its rights or remedies arising out of an Event of Default.

  • Anything herein or any other Loan Document to the contrary notwithstanding, any prepayment of any of the principal balance of the Loan as a result of the application of insurance or condemnation proceeds by Agent to such principal pursuant to ‎Section 3.2 hereof shall be at “par” and no Exit Fee or Swap Termination Fee shall be due with respect to any such principal that is prepaid.


More Definitions of Swap Termination Fee

Swap Termination Fee means the fee payable to the Credit Swap Counterparty upon reduction of the Base Currency Notional Amount of the Notes to zero as more fully described in the Credit Default Swap.
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Swap Termination Fee means the fee payable by the Issuer to the Swap Counterparty in respect of the Long Transactions on the date on which the last outstanding Notes are redeemed in full, as described more fully in the schedule to the ISDA Master;
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Swap Termination Fee means a euro amount equal to the Tranche Notional Amount or, if a lesser amount, the amount of funds available to be applied toward such payment in accordance with the Order of Priority.
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Swap Termination Fee means the amount that Lender reasonably determines in good faith to be its total losses and costs in connection with a termination of the hedging arrangements entered into by Lender in connection with the funding of the Loans and cost of funds rate lock in respect of any such hedging arrangements, including any loss of bargain, cost of funding and loss or cost incurred as a result of its terminating, liquidating, obtaining or re-establishing any hedge or related trading position.
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Swap Termination Fee means a U.S. Dollar amount equal to the Initial Portfolio Notional Amount or, if a lesser amount, the amount of funds available to be applied toward such payment in accordance with the Pre- Enforcement Order of Priority or, as the case may be, the Enforcement Order of Priority.
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Related to Swap Termination Fee

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Swap Termination Value means, in respect of any one or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender).

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to the Sponsor and its Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Termination Payment has the meaning set forth in Section 6.03.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Termination Payments has the meaning specified in Section 10(a).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

  • Accretion Termination Date As defined in the Series Supplement.

  • Termination Price As defined in Section 9.01.

  • Exit Fee shall have the meaning specified in the Fee Letter.

  • Early Termination Charge means, with respect to any 2016-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2016-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2016-B Lease balance over the related 2016-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).