Interest Rate Swap Agreements means interest rate swap, cap or collar agreements, interest rate future or option contracts and other similar agreements other than contracts or agreements under which neither any Loan Party nor any of its Subsidiaries has any obligation that may require payment in the future.
Interest Rate Swap Agreements or “Interest Rate Swap Agreement” means the Class A-4b Swap Agreement.]
Interest Rate Swap Agreements means the interest rate swap agreement relating to the Class A-2 Interest Rate Swap and the interest rate swap agreement relating to the Class A-3 Interest Rate Swap, including all schedules and confirmations thereto, between the Issuer and the related Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time, which agreements provide for payments on notional amounts equal to the outstanding principal balance of either the Class A-2 Notes or Class A-3 Notes, as the case may be. Each Interest Rate Swap Agreement shall provide that a termination event will occur thereunder if (a) the long-term rating of the Swap Counterparty is downgraded below a rating of "A2" by Moody's or "A" by Fitch, or is suspended or withdrawn by either Rating Agency, (b) the short-term rating of the Swap Counterparty is downgraded below a rating of "A-1" by S&P or "F-1" by Fitch, or is suspended or withdrawn by either Rating Agency, or (c) notice is given to the Indenture Trustee or Administrator by any Rating Agency that the credit support, if any, with respect to the Swap Counterparty is no longer deemed adequate to maintain the then-current ratings on the Class A-2 Notes or the Class A-3 Notes, as the case may be, and within 30 days of any such downgrade, suspension, withdrawal or notification, the Swap Counterparty fails to (i) in the case of a downgrade by Moody's or Fitch, deliver or post collateral acceptable to the Issuer in amounts sufficient to secure its obligations under such Interest Rate Swap Agreement, (ii) in the case of a downgrade by Moody's, Fitch or S&P, assign its rights and obligations under such Interest Rate Swap Agreement to a replacement counterparty acceptable to the Issuer or (iii) in the case of a downgrade by Moody's, Fitch or S&P, establish other arrangements necessary, if any, in each case so that the Rating Agencies confirm the ratings of the Notes that were in effect immediately prior to such downgrade, suspension, withdrawal or notification.
Examples of Interest Rate Swap Agreements in a sentence
See Note 8, under Interest Rate Swap Agreements, for further details.
Details of the Interest Rate Swap Agreements shall be announced at a later time once the agreements have been executed.
Interest rates are expected to be converted into a fixed rate upon executing Interest Rate Swap Agreements.
The Issue Supplement also sets out the Foreclosure Events, the Order of Priority applying prior to and after the occurrence of a Foreclosure Event and provisions relating to the Interest Rate Swap Agreements.
All payment obligations of the Issuer under the Class A Notes, the Class B Notes, the Subordinated Loan Agreement and the Interest Rate Swap Agreements constitute obligations to distribute amounts out of the Available Distribution Amount as available on the respective Payment Dates in accordance with the Order of Priority.
More Definitions of Interest Rate Swap Agreements
Interest Rate Swap Agreements. The LIBOR Swap Agreement and the Federal Funds Swap Agreement.
Interest Rate Swap Agreements means (i) the interest rate swap agreements, including all schedules and confirmations thereto, between the Trust and the Swap Counterparties, as the same may be amended, supplemented, renewed, extended or replaced from time to time by one or more replacement interest rate swap agreements, which agreements in aggregate provide for payments on notional amounts equal to the outstanding principal balance of the Floating Rate Notes. Each Interest Rate Swap Agreement will provide that a termination event will occur thereunder if (a) the long-term rating of the applicable Swap Counterparty is downgraded below a rating of "Aa3" by Moody's or "AA-" by Fitch, or is suspended or withdrawn by either Rating Agency, (b) the short-term rating of a Swap Counterparty is downgraded below a rating of "P-1" by Moody's or "A-1" by S&P, or is suspended or withdrawn by such Rating Agency, or (c) notice is given to the Indenture Trustee or Administrator by any Rating Agency that the credit support, if any, with respect to a Swap Counterparty is no longer deemed adequate to maintain the then-current ratings on the Class A Notes, and within 30 days of any such downgrade, suspension, withdrawal or notification, such Swap Counterparty fails to either (i) deliver or post collateral acceptable to the Issuer in amounts sufficient to secure its obligations under the Interest Rate Swap Agreement, (ii) assign its rights and obligations under such Interest Rate Swap Agreement to a replacement counterparty acceptable to the Issuer (iii) obtain a guaranty of a Person with the required ratings or (iv) establish other arrangements necessary, if any, in each case so that the Rating Agencies confirm the ratings of the Notes that were in effect immediately prior to such downgrade, suspension, withdrawal or notification.
Interest Rate Swap Agreements means the Interest Rate Swap Agreements, each dated as of December 1, 1992, between the Borrower and AIG Financial Products Corp.
Interest Rate Swap Agreements means the interest rate swap agreements entered into between the Issuer and an Interest Rate Swap Provider in relation to the Covered Bonds;
Interest Rate Swap Agreements means the interest rate swap agreement relating to the Class A-2 Interest Rate Swap, the interest rate swap agreement relating to the Class A-3 Interest Rate Swap and the interest rate swap agreement relating to the Class A-4 Interest Rate Swap, including all schedules and confirmations thereto, between the Issuer and the related Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time, which agreements provide for payments on notional amounts equal to the outstanding principal balance of the Class A-2 Notes, the Class A-3 Notes or the Class A-4 Notes, as the case may be. Each Interest Rate Swap Agreement shall provide that a termination event will occur under the circumstances described in Section 6.14(g) herein.
Interest Rate Swap Agreements. The 1992 ISDA Master Agreements (Multicurrency-Cross Border) dated as of April 19, 2005 (the Master Agreements) between Credit Suisse First Boston International and the Indenture Trustee, an ISDA Credit Support Annex (Bilateral Form-New York Law) as of the same date, which supplements, forms part of, and is subject to the related Master Agreement, and a confirmation of the same date, which supplements and forms part of the related Master Agreement.
Interest Rate Swap Agreements or "Interest Rate Swap Agreement" means the Class A-3 Swap Agreement and/or the Class A-4 Swap Agreement