Asset Swap Counterparty definition

Asset Swap Counterparty means each financial institution with which the Issuer enters into an Asset Swap Transaction or any permitted assignee or successor thereto under the terms of the related Asset Swap Transaction and in each case which satisfies the applicable Rating Requirement (taking into account any guarantor thereof), and provided always that such financial institution has the regulatory capacity as a matter of Dutch law to enter into derivatives transactions with Dutch residents.
Asset Swap Counterparty means any financial institution with which the Issuer enters into an Asset Swap Transaction, or any permitted assignee or successor thereof, under the terms of the related Asset Swap Transaction and, in each case, which satisfies the applicable Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement).
Asset Swap Counterparty means each financial institution with which the Issuer enters into an Asset Swap Agreement or any permitted assignee or successor thereto under the terms of the related Asset Swap Agreement in each case, which satisfies the applicable Rating Requirement (taking into account any guarantor thereof).

Examples of Asset Swap Counterparty in a sentence

  • If the Asset Swap Counterparty defaults or becomes unable to perform due to insolvency or otherwise, the Issuer may not receive payments it would otherwise be entitled to from the Asset Swap Counterparty to cover its foreign exchange exposure.

  • The Issuer will depend upon the Asset Swap Counterparty to perform its obligations under any hedges.

  • In addition, the ability of the Issuer to enter into Asset Swap Transactions upon the acquisition of Non-Euro Obligations will depend upon a number of factors outside the control of the Investment Manager, including its ability to identify a suitable Asset Swap Counterparty with whom the Issuer may enter into Asset Swap Transactions.

  • In addition, the ability of the Issuer to enter into Asset Swap Transactions upon the acquisition of Non-Euro Obligations will depend upon a number of factors outside the control of the Collateral Manager, including its ability to identify a suitable Asset Swap Counterparty with whom the Issuer may enter into Asset Swap Transactions.

  • Furthermore, the terms of the Hedge Agreements may provide for the ability of the Asset Swap Counterparty to terminate such Hedge Agreement upon the occurrence of certain events, including related to certain regulatory matters.


More Definitions of Asset Swap Counterparty

Asset Swap Counterparty means each financial institution with which the Issuer enters into an Asset Swap Agreement or any permitted assignee or successor thereto under the terms of the related Asset Swap Agreement in each case, which satisfies the applicable Rating Requirement (taking into account any guarantor thereof), and provided always that such financial institution has the regulatory capacity to enter into derivative transactions with the Issuer.
Asset Swap Counterparty means any financial institution with which the Issuer enters into an Asset Swap Agreement, or any permitted assignee or successor thereof, under the terms of the related Asset Swap Agreement and, in each case, which satisfies, at the time of entry into the Asset Swap Agreement, the applicable Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement) and provided always that such financial institution has the regulatory capacity as a matter of Dutch law to enter into derivative transactions with Dutch residents.
Asset Swap Counterparty means (i) the Initial Asset Swap Counterparty or (ii) each additional financial institution with which the Issuer enters into an Asset Swap Agreement or any permitted assignee or successor thereto under the terms of such Asset Swap Agreement and which, in each case, has the regulatory capacity, as a matter of Dutch law, to enter into derivative transactions with residents of The Netherlands and satisfies the Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the Rating Requirement), as the case may be.
Asset Swap Counterparty means each financial institution (other than the Collateral Manager or an Affiliate thereof) meeting the Required Rating with which the Issuer enters into an Asset Swap Agreement or any permitted assignee or successor (other than the Collateral Manager or an Affiliate thereof) thereto under the terms of the related Asset Swap Agreement;
Asset Swap Counterparty means any financial institution which, at the time it enters into an Asset Swap Transaction, satisfies the applicable Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement) and which has the regulatory capacity as a matter of Dutch law to conduct derivatives business with residents of The Netherlands.
Asset Swap Counterparty means any financial institution with which the Issuer enters into an Asset Swap Transaction, or any permitted assignee or successor thereof, under the terms of the related Asset Swap Transaction and, in each case, which satisfies, at the time of entry into the Asset Swap Transaction, the applicable Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement) upon the date of entry into such agreement (or in respect of which Rating Agency Confirmation has been obtained on such date).
Asset Swap Counterparty means Xxxxxxx Xxxxx International as the initial Asset Swap Counterparty under the Asset Swap Agreement and any permitted successor, assign or replacement counterparty which assumes the obligations of the initial counterparty in accordance with the terms thereof and the terms of the Securities Issuance Agreement.