Designated Transaction means a Transaction which fulfils the following requirements:
Designated Transaction. A transaction in which the assets underlying the Certificates consist of single-family residential, multi-family residential, home equity, manufactured housing and/or commercial mortgage obligations that are secured by single-family residential, multi-family residential, commercial real property or leasehold interests therein.
Designated Transaction. For Certificates transferred on or after August 23, 2000, a transaction in which the assets underlying the Certificates consist of single-family residential, multi-family residential, home equity, manufactured housing and/or commercial mortgage obligations that are secured by single-family residential, multi-family residential, commercial real property or leasehold interests therein.
Examples of Designated Transaction in a sentence
For the avoidance of doubt, this Clause 7 does not apply to any amount payable under the Master Agreement in respect of any continuing Designated Transaction as to which section 9 (h) (Interest and Compensation) of the Master Agreement shall apply.
All payments by the Swap Bank to the Borrower under each Designated Transaction shall be credited to the Earnings Account.
More Definitions of Designated Transaction
Designated Transaction means a Transaction which fulfills the following requirements:
Designated Transaction means a transaction which is entered into by the Borrowers with the Swap Provider pursuant to the Master Swap Agreement as contemplated by clause 2.9;
Designated Transaction means a transaction:
Designated Transaction means a Transaction which, without prejudice to the provisions of Clause 4.03, fulfils the following requirements:
Designated Transaction means a Direct Debit Instruction identified by a transaction code which indicates that it relates to a Credit Card Transaction.
Designated Transaction means a Transaction which is entered into by the Borrower with the Bank as contemplated by clause 2.7;
Designated Transaction. ’ means a securitization transaction in which the assets of the Issuer (see below) consist of secured consumer receivables, secured credit instruments or secured obligations that bear interest or are purchased at a discount and are: (i) Motor vehicle, home equity and/or manufactured housing consumer receivables; and/or (ii) motor vehicle credit instruments in transactions by or between business entities; and/or (iii) single-family residential, multi- family residential, home equity, manufactured housing and/or commercial mortgage obligations that are secured by single-family residential, multi- family residential, commercial real property or leasehold interests therein.