Class A-1 Swap Agreement definition

Class A-1 Swap Agreement. The interest rate swap agreement, dated as of February 28, 2007, between the Class A-1 Grantor Trust Trustee, on behalf of the Class A-1 Grantor Trust, and the Swap Provider, for the benefit of the holders of the Class A-1 Certificates, including the Class A-1 Swap Credit Support Annex, any schedule, confirmation or other credit support document relating thereto, in substantially the form of Exhibit P-1 hereto.
Sample 1
Class A-1 Swap Agreement. The Class A-1 Swap Agreement between the Trustee, not in its individual capacity, but solely as Trustee for the Supplement Interest Trust and the Class A-1 Swap Provider, relating to the Certificates, together with any schedules, confirmations, credit support annex or other agreements relating thereto, in the form attached hereto as Exhibit Q.
Sample 1
Class A-1 Swap Agreement. The Interest Rate Swap Agreement, dated as of September 29, 2006, between HSBC Bank USA, National Association, as trustee on behalf of the Supplemental Interest Trust, and the Class A-1 Swap Provider, together with any schedules, confirmations or other agreements relating thereto. A copy of the Class A-1 Swap Agreement is attached hereto as Exhibit Q.
Sample 1

Examples of Class A-1 Swap Agreement in a sentence

  • The Certificates will accrue interest at a rate of USD 1 month LIBOR or Euribor plus a margin, subject, to the extent of a default under the Class A1 Swap Agreement, to the related Available Funds Cap.

  • The Class A-1 Swap Agreement, the Floor Agreement and the Certificate Swap Agreement, as applicable.

  • Upon receipt of any amounts paid under the Class A-1 Swap Agreement, and following any distributions of Net Monthly Excess Cashflow pursuant to Section 4.1(a)(iii) above, withdrawals from the Reserve Fund pursuant to Section 4.1(a)(iv) above, the Cap Account pursuant to Section 4.1(a)(vi) above and Certificate Swap Account, pursuant to Section 4.1(a)(vii) above, the Securities Administrator shall deposit such amounts into the Class A-1 Swap Account for distribution pursuant to Section 4.1(a)(viii) above.

  • The Class A-1 Swap Agreement between the Trustee, not in its individual capacity, but solely as Trustee for the Supplement Interest Trust and the Class A-1 Swap Provider, relating to the Certificates, together with any schedules, confirmations, credit support annex or other agreements relating thereto, in the form attached hereto as Exhibit Q.

  • In this connection we should be sensitive to not only the cognitive style but also the bandwith and the shifting and contested playing fields of specific decision-makers and public organizations.

  • The Class A-1 Swap Agreement references a notional credit default swap transaction between the Class A-1 Swap Counterparty and the Issuer on the same terms as the Credit Default Swap Agreement, save that the Class A-1 Swap Counterparty is the seller of protection and the Issuer is the purchaser of protection.

  • Section 4.10 Class A-1 Swap Agreement; Establishment of Class A-1 Swap Account and Class A-1 Grantor Trust.

  • In furtherance of such intention, the Securities Administrator shall (A) file, or cause to be filed, Internal Revenue Service Form 1041 or such other form as may be applicable with the Internal Revenue Service and (B) furnish, or cause to be furnished, to the Class A-1 Certificateholders, their allocable share of income and expense with respect to the Class A-1 Underlying Interest and the Class A-1 Swap Agreement, each in the time or times and in the manner required by the Code.

  • Under the Class A-1 Swap Agreement, the Issuer will purchase credit protection from the Class A-1 Swap Counterparty in return for quarterly fixed payments to the Class A-1 Swap Counterparty of 0.35 per cent.

  • The Depositor hereby directs the Class A-1 Grantor Trust Trustee, solely in its capacity as trustee of the Class A-1 Grantor Trust, to enter into and execute the Class A-1 Swap Agreement and make all representations and warranties contained therein on behalf of the Trust.

Related to Class A-1 Swap Agreement

  • Secured Swap Agreement means a Swap Agreement between (a) any Loan Party and (b) a Secured Swap Provider.

  • Specified Swap Agreement any Swap Agreement entered into by the Borrower and any Qualified Counterparty (or any Person who was a Qualified Counterparty as of the Closing Date or as of the date such Swap Agreement was entered into) in respect of interest rates to the extent permitted under Section 7.13.

  • Fixed Swap Payment With respect to any Distribution Date, a fixed amount equal to the related amount set forth in the Interest Rate Swap Agreement.

  • Currency Swap Agreement means any currency swap agreement, including all schedules and confirmations thereto, entered into by the Issuer and the Currency Swap Counterparty, as the same may be amended, supplemented, renewed, extended or replaced from time to time.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;

  • Class A-2B Certificates All Certificates bearing the class designation of "Class A-2B."

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Class A-4 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2-A Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Floating Swap Payment With respect to any Distribution Date, a floating amount equal to the product of (i) Swap LIBOR, (ii) the related Base Calculation Amount (as defined in the Interest Rate Swap Agreement), (iii) 250 and (iv) a fraction, the numerator of which is the actual number of days elapsed from and including the previous Floating Rate Payer Payment Date (as defined in the Interest Rate Swap Agreement) to but excluding the current Floating Rate Payer Payment (or, for the first Floating Rate Payer Payment Date, the actual number of days elapsed from the Closing Date to but excluding the first Floating Rate Payer Payment Date), and the denominator of which is 360.

  • Class A-1 Note Interest Rate means a rate per annum equal to 0.64000%.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class A-2b Interest Rate means LIBOR + 0.16% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

  • Class A-2-B Interest Rate means LIBOR + 0.27% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360 day year); provided, however, that for any Interest Period for which the sum of LIBOR + 0.27% is less than 0.00%, the Class A-2-B Interest Rate shall be deemed to be 0.00%.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class A-1 Interest Rate means [ ]% per annum (computed on the basis of the actual number of days elapsed during the applicable Interest Period, but assuming a 360-day year).

  • Class A-2C Certificate Any Certificate designated as a "Class A-2C Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-2B Certificate Any Certificate designated as a "Class A-2B Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Class A-2 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-2 hereto.

  • Class A-2 Pass-Through Rate With respect to any Distribution Date, a per annum rate equal to 3.1000%.

  • Class A-2 Note Interest Rate means a rate per annum equal to %.

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.