Swapped Notes definition

Swapped Notes means any Note that as of the date of Closing was subject to a Swap Agreement and which Note has not been transferred since the date of Closing to any Person other than (i) an affiliate of the original Purchaser of such Note or (ii) any other Person that has assumed such Swap Agreement (without any waiver, amendment, deletion or replacement of any material economic term or provision thereof) in connection with the transfer of such Note. A “Swapped Note” shall no longer be deemed a “Swapped Note” unless a Swap Agreement shall be in force in respect thereof.
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Swapped Notes is defined in Section 9.7(b).
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Swapped Notes means any Euro Note that as of the date of Closing was subject to a Swap Agreement and which Note has not been transferred since the date of Closing to any Person other than (i) an affiliate of the original purchaser of such Note or (ii) any other Person that has assumed such Swap Agreement (without any waiver, amendment, deletion or replacement of any material
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Examples of Swapped Notes in a sentence

  • In the case of each prepayment of Notes pursuant to this Section 8, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment, together with interest on such principal amount accrued to such date and the applicable Make-Whole Amount, if any, Modified Make-Whole Amount, if any, and in the case of any Swapped Notes, Swap Breakage Loss, if any.

  • From and after such date, unless such Issuer shall fail to pay such principal amount when so due and payable, together with the interest and Make-Whole Amount, if any, Modified Make-Whole Amount, if any, and in the case of any Swapped Notes, Swap Breakage Loss, if any, as aforesaid, interest on such principal amount shall cease to accrue.

  • From and after such date, unless the EUR Issuer shall fail to pay such principal amount when so due and payable, together with the interest and Make-Whole Amount, if any, Modified Make-Whole Amount, if any, and in the case of any Swapped Notes, Swap Breakage Loss, if any, as aforesaid, interest on such principal amount shall cease to accrue.

  • Each holder of a Swapped Note shall have delivered to the Company a copy of the fully-executed Swap Agreement applicable to its Swapped Notes (each of the foregoing terms, as defined in the Amended Note Agreement) and by execution of this Supplemental Agreement, the Company acknowledges receipt of each such Swap Agreement.

  • All other payments under the provisions of this Agreement relating to the Swapped Notes (including principal and interest) shall be made in Euros.

  • All payments of Make-Whole Amount and Swapped Note Currency Protection Amount in respect of the Swapped Notes shall be made in U.S. dollars.

  • The Prepayment Notice delivered in accordance with this Section 9.3(b) shall be accompanied by a certificate of a Senior Financial Officer setting forth the details of the computation of the Make-Whole Amount specified in such Prepayment Notice (except for the Swap Indemnity Amount, which shall be provided to the Company by each Holder for the Swapped Notes held by it as promptly as practicable following receipt of the Prepayment Notice).

  • Each holder of a Swapped Note shall be responsible for calculating its own Swap Breakage Amount in U.S. Dollars upon the prepayment or repayment of all or any portion of its Swapped Notes, and such calculation as reported to the Euro Issuer of such Swapped Notes in reasonable detail shall be binding on the Euro Issuer absent demonstrable error.

  • Subject to Section 14.2, payments of principal, Make-Whole Amount, interest and any Swap Indemnification Amount in respect of the Swapped Notes becoming due and payable on the Notes shall be made in New York, New York at the principal office of Bank of America, N.A. in such jurisdiction.

  • Each holder of a Swapped Note shall be responsible for calculating its own Swap Breakage Amount in U.S. Dollars upon the prepayment or repayment of all or any portion of its Swapped Notes, and such calculation as reported to the Company in reasonable detail shall be binding on the Company absent demonstrable error.


More Definitions of Swapped Notes

Swapped Notes means $130,000,000 principal amount of Class 2-A-1B Notes.
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