Termination Receipt definition

Termination Receipt means an amount required to be paid to the Agency under a Qualified Hedge by the Qualified Hedge Provider as a result of the termination in advance of the stated termination date or scheduled reduction of such a Qualified Hedge.

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Termination Receipt means an amount required to be paid to the Administration under a Qualified Hedge by the Qualified Hedge Provider as a result of the termination of such a Qualified Hedge.

Termination Receipt means any amount payable by a Hedge Counterparty to the Issuer upon termination of a Hedge Transaction in whole or in part;

Examples of Termination Receipt in a sentence

• The Trustee shall, promptly upon receipt of any such Termination Receipt, if any, at the written direction of the Servicer, deposit such Termination Receipt into the Collection Account to be applied as Available Funds.

• The Trustee shall, promptly upon receipt of any such Termination Receipt, if any, at the written direction of the Servicer, pay such Termination Receipt to a replacement swap counterparty or deposit such Termination Receipt or the balance thereof not paid to a replacement swap counterparty into the Collection Account to be applied as Available Funds.

• All employees will, when leaving the service of the Borough, complete and sign the "Termination Receipt" when receiving their final compensation.

• All employees will, when leaving the services of the Employer, complete and sign the "Termination Receipt" when receiving their final compensation.

More Definitions of Termination Receipt

Termination Receipt means with respect to a Swap an amount required to be paid by the Swap Provider or related Swap Facility as a result of the termination of the Swap.

Termination Receipt means an amount required to be paid to the Agency under a Qualified Hedge by the Qualified Hedge Provider as a result of the termination, in advance of the stated termination date or scheduled reduction, of such a Qualified Hedge.