Derivative Agreement. (a) The Issuer shall enter into the Derivative Agreement, certain terms of which are set forth herein for the convenience of the parties thereto for incorporation therein by reference, with the Derivative Counterparty on the Issuance Date. Pursuant to the terms of the Derivative Agreement, the Derivative Counterparty shall pay to the Issuer on each Counterparty Payment Date, all Euro amounts owing from the Derivative Counterparty. The Issuer shall deposit such amounts into the Foreign Currency Distribution Account and shall apply such amounts in accordance with Section 2.06(a). In addition, in accordance with the terms of the Derivative Agreement, the Issuer shall pay to the Derivative Counterparty all dollar amounts available for payment to the Derivative Counterparty pursuant to Sections 3.13(d) and 3.14(b) of the Indenture Supplement on each Dollar Interest Payment Date and Dollar Principal Payment Date, respectively. If the Derivative Agreement has not been terminated and the Issuer has not received any amount owing from the Derivative Counterparty with respect to the related Counterparty Payment Date prior to 10:00 a.m. on the date such payment is due, the Issuer shall notify the Derivative Counterparty, the Beneficiary and the Servicer of such fact prior to 12:00 p.m. on such date. If the Issuer has not received any amount owing from the Derivative Counterparty within the applicable grace period provided pursuant to the terms of the Derivative Agreement, the Issuer, if directed by the Servicer, shall designate an Early Termination Date (as such term is defined in the Derivative Agreement) pursuant to the Derivative Agreement and shall, if the Beneficiary so directs, terminate the Derivative Agreement pursuant to its terms, and the Issuer shall provide the Indenture Trustee, as soon as practicable thereafter, with new statements substantially in the forms of Exhibit B and Exhibit C to the Indenture Supplement revised, if necessary, to reflect that the amount due from the Derivative Counterparty (or any portion thereof) was not received by the Issuer for such Counterparty Payment Date. (b) The parties hereto agree that all obligations of the Issuer under the Derivative Agreement shall be paid from, and limited to, amounts on deposit in the Interest Funding sub-Account and the Principal Funding sub-Account for the Class A(2002-7) Notes which are specifically available to be applied therefor pursuant to Sections 3.13(d) and 3.14(b) of the Indenture Suppl...
Derivative Agreement. The Swap Agreement and the Cap Agreement. Derivative Counterparty: Collectively, the Cap Counterparty and the Swap Counterparty.
Derivative Agreement. Any forward contract, futures contract, swap, option or other similar agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements), the value of which is dependent upon interest rates, currency exchange rates, commodities or other indices (including foreign exchange lines).
Derivative Agreement. 9 Section 2.09.
Derivative Agreement. Any forward contract, futures contract, swap, option or other similar agreement or arrangement (including, without limitation, caps, floors, collars and similar agreements).
Derivative Agreement. The Class A-1 Swap Agreement, the Floor Agreement and the Certificate Swap Agreement, as applicable.
Derivative Agreement. Derivative Agreements shall address additional matters set forth in this Section 3. They may be replaced or supplemented by successor or other Derivative Agreements.
Derivative Agreement. Operating Agreement #1, Blue Plains Flow Capacity, Loads and Peak Flows – Allocations and Limitations, addresses additional matters set forth in this Section. It may be replaced or supplemented by successor or other Derivative Agreements. -END OF PAGE-
Derivative Agreement. Operating Agreement #2, Financial Responsibilities of Parties, addresses additional matters set forth in this Section. It may be replaced or supplemented by successor or other Derivative Agreements.
Derivative Agreement. Operating Agreement #3, Flow and Load Measurement and Management, addresses matters set forth in this Section. It may be replaced or supplemented by successor or other Derivative Agreements.
