Yield Maintenance Agreement definition

Yield Maintenance Agreement. The yield maintenance agreement between the Trustee, on behalf of the Trust, and the Counterparty, which will be primarily for the benefit of the Class 1-CB-1 Certificates, substantially in the form attached hereto as Exhibit Q. The Yield Maintenance Agreement shall not be an asset of any REMIC formed under this Agreement.
Yield Maintenance Agreement. The interest rate yield maintenance agreement consisting of the ISDA Master Agreement and the Schedule dated as of the Closing Date and the Confirmation thereto, between the Trustee on behalf of the Trust and the Counterparty, as such agreement may be amended and supplemented in accordance with its terms and any replacement interest yield maintenance agreement acceptable to the Depositor and the Trustee.
Yield Maintenance Agreement. The interest rate cap agreement between the Trustee, on behalf of the Trust, and the Yield Maintenance Agreement Provider substantially in the form attached hereto as Exhibit N. The Yield Maintenance Agreement shall not be an asset of any REMIC formed under this Agreement.

Examples of Yield Maintenance Agreement in a sentence

  • The Trustee is hereby authorized and directed to, and agrees that it shall, enter into the Yield Maintenance Agreement on behalf of the Trust Fund.

  • The Yield Maintenance Agreement shall be part of the Trust Fund but not part of any REMIC.

  • On the Closing Date, the Trustee shall enter into the Yield Maintenance Agreement, on behalf of the Trust, with the Counterparty.

  • In addition, on or prior to the Closing Date, the Trustee shall execute the Yield Maintenance Agreement and the Depositor hereby directs the Trustee to do so.

  • The Trustee shall demand payment of all money payable by the Yield Maintenance Agreement Provider under the Yield Maintenance Agreement.


More Definitions of Yield Maintenance Agreement

Yield Maintenance Agreement. Each of the Class I-A-2 Yield Maintenance Agreement, Class I-A-10 Yield Maintenance Agreement, Class I-A-14 Yield Maintenance Agreement and Class I-A-17 Yield Maintenance Agreement.
Yield Maintenance Agreement. Each of the two transactions evidenced by the confirmation dated June 30, 2005 together with any other related documents thereto, between the Yield Maintenance Provider and the Trustee, on behalf of the Trust. The Yield Maintenance Agreements will be for the benefit of (i) the Class 1-A-1A and Class 1-A-1B Certificates and (ii) the Class 2-A-1A, Class 2-A-1B and Class 2-A-1C Certificates.
Yield Maintenance Agreement. The interest rate cap agreement for the benefit of the LIBOR Certificates by and between the Yield Maintenance Provider and the Administrator, on behalf of the Yield Maintenance Trust, including the ISDA Master Agreement between the Yield Maintenance Provider and the Administrator, the schedule thereto and the related confirmation (Ref. No. FXNEC9863), dated as of July 31, 2007 attached as Exhibit Y hereto. The Yield Maintenance Agreement shall be an asset of the Yield Maintenance Trust and not of the Trust Fund or any REMIC.
Yield Maintenance Agreement. The confirmation, dated as of the Closing Date, between the Trustee, on behalf of the Trust Fund, and the Yield Maintenance Agreement Provider, relating to the Class A Certificates and Class M Certificates or any replacement, substitute, collateral or other arrangement in lieu thereof.
Yield Maintenance Agreement. Each interest rate cap agreement, by and between the Yield Maintenance Counterparty and the Securities Administrator, on behalf of the Trust, including the ISDA Master Agreement between the Yield Maintenance Counterparty and the Securities Administrator, the schedule thereto and the related confirmations (Ref. No. 6963947.2A and Ref. No. 6963947.2B), each dated as of March 30, 2006.
Yield Maintenance Agreement. Either of the Class A-2 Yield Maintenance Agreement or the Class M Yield Maintenance Agreement.