Aggregate STP definition

Aggregate STP means the net sum of all Swap Termination Payments payable to or by the Issuer (whether or not to or by different Swap Counterparties) determined in respect of all Swap Agreements relating to the Notes.
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Aggregate STP means the net sum of all Swap Transaction Termination Amounts payable to or by the Issuer determined in respect of all Swap Transactions under the Swap Agreement relating to the Notes.
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Aggregate STP means the net sum of all Swap Termination Payments payable to or by the Issuer determined in respect of all Swap Agreements relating to the Notes.
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Examples of Aggregate STP in a sentence

  • If the Disposal Agent is required to arrange the sale of the Disposal Assets and/or the Issuer Aggregate STP Claim, the Disposal Agent shall use its reasonable endeavours to arrange the sale of the Disposal Assets and/or the Issuer Aggregate STP Claim (as applicable) in accordance with the procedures set out in the Base Conditions.

  • Upon receipt of such Aggregate STP Claim Delivery Notice, the Issuer shall, as soon as reasonably practicable, and subject to payment of all Expenses owing and payable to the Trustee and the Secured Agents, assign its Issuer Aggregate STP Claim to the 100% Noteholder and notify the Swap Counterparty of such assignment upon the date thereof.

  • If the Disposal Agent (or any successor Disposal Agent) has not effected the sale of any Issuer Aggregate STP Claim by the date falling 3 years after the Mandatory Redemption Date, then, notwithstanding any term to the contrary, the value of such Issuer Aggregate STP Claim shall be deemed to be zero and, pursuant to the terms of the Swap Agreement, the Issuer’s claim in respect of such Issuer Aggregate STP Claim will be extinguished.


More Definitions of Aggregate STP

Aggregate STP means the net sum of all Swap Termination Payments payable to or by the Issuer (whether to the TRS
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Aggregate STP means the net sum of all Swap Termination Payments payable to or by the Issuer
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Related to Aggregate STP

  • Aggregate Cap means (x) with respect to any four fiscal quarter period through and including the four fiscal quarter period ended after the consummation of the Empire Acquisition, 20% and (y) thereafter, 15%, in each case, of Consolidated EBITDA for the relevant Test Period (calculated prior to giving effect to any add-backs subject to the Aggregate Cap).

  • Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.

  • Aggregate Commitment Amount means the aggregate principal amount of the Aggregate Commitments from time to time. On the Closing Date, the Aggregate Commitment Amount equals $1,500,000,000.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;