Collateral Exchange definition

Collateral Exchange has the meaning specified in Section 13(b) hereof. "Collateral Vessels" means the Rapallo and the Additional Collateral Vessels.
Sample 1
Collateral Exchange has the meaning specified in Section 13(b) hereof.
Sample 1

Examples of Collateral Exchange in a sentence

  • It is the Swap Counterparty, the Collateral Exchange Counterparty and the Collateral Calculation Agent.

  • A Collateral Exchange Structure is applicable to the Secured Securities.

  • We confirm that we agree to adhere to all the commercial terms & conditions as well as the technical stipulation of your specification No. JPD/ZCE(JZ)/TN-03 and there is no deviation.

  • Expiry or maturity date(s) of the other Charged Assets:The maturity date of the Reference Collateral Assets is 25 April 2028 and the scheduled termination date of the Collateral Exchange Agreement is expected to be 25 April 2023.

  • On each Reference Collateral Interest Payment Date, subject to a Collateral Exchange not having taken place, the relevant RCA Issuer will pay an amount of interest to the Issuer in respect of the nominal amount of the relevantReference Collateral Assets held by the Issuer at such time.

  • Names and addresses and brief description of theApplicableFor the purposes of Charged Asset Structure 2:The counterparty to the Swap Agreement is BNP Paribas (the " Swap Counterparty").The counterparty to the Collateral Exchange Agreement is BNP Paribas (the "Collateral Exchange Counterparty").The issuer of Reference Collateral Assets is Absa Group Limited (the "RCA Issuer").ApplicableThe Swap Counterparty and Collateral Exchange Counterparty is the Guarantor and is an affiliate of the Issuer.

  • Variable Information: Scheduled Exchange End Date: Scheduled Final Bond Payment Date Margin Delivery Date: The same Business Day on which a request for delivery is made in accordance with the terms of the Collateral Exchange Agreement where such request for delivery made before 1.00 pm (London time) or the following Business Day where the request for delivery made in accordance with the terms of the Collateral Exchange Agreement after 1.00 pm (London time).

  • Equipment, enclosures and mountings associated with these sub- systems are distributed throughout the system at wayside and service buildings locations.(2) Separate clean earths of value not exceeding 0.5 Ohms required at each service Building for BMS/SCADA, to be terminated in BMS/SCADA, communication system rooms and other related rooms.

  • BNP Paribas and its affiliates, BNP Paribas Arbitrage S.N.C. and BNP Paribas Securities Services, Luxembourg Branch, may act in a number of different capacities, including as Swap Counterparty, Collateral Exchange Counterparty, Collateral Custodian, Calculation Agent and Principal Security Agent.

  • Accordingly, any such shortfall will be borne by the Holders and by the relevant Swap Counterparty and the Collateral Exchange Counterparty, as the case may be.

Related to Collateral Exchange

  • Collateral Event means that no Relevant Entity has credit ratings at least equal to the Approved Ratings Threshold.

  • Collateral Pool means all of the Collateral.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Original Collateral Sale Price means JPY 6,399,647,993. Notwithstanding anything to the contrary in the Collateral Sale Agreement, the consideration for the Initial Charged Assets is the Issue Price of the Notes plus the entry into the Swap Agreement by the Issuer.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Collateral Substitution has the meaning specified in Section 3.13.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Collateral Custodian Xxxxx Fargo Bank, National Association, not in its individual capacity, but solely as Collateral Custodian, its successor in interest pursuant to Section 8.3 or such Person as shall have been appointed Collateral Custodian pursuant to Section 8.5.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Borrower Collateral means all of Borrower’s now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Collateral Call means a notice to a Participant that additional Collateral, or possibly early payment, is required in order to remain in, or to regain, compliance with Tariff, Attachment Q. Commencement Date:

  • Collateral Enhancement Obligation means any warrant or equity security, excluding Exchanged Equity Securities, but including without limitation, warrants relating to Mezzanine Obligations and any equity security received upon conversion or exchange of, or exercise of an option under, or otherwise in respect of a Collateral Debt Obligation; or any warrant or equity security purchased as part of a unit with a Collateral Debt Obligation (but in all cases, excluding, for the avoidance of doubt, the Collateral Debt Obligation), in each case, the acquisition of which will not result in the imposition of any present or future, actual or contingent liabilities or obligations on the Issuer other than those which may arise at its option; provided that no Collateral Enhancement Obligation may be a Dutch Ineligible Security.

  • Collateral Floating Percentage means, with respect to any Distribution Date, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Collateral Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is the Adjusted Invested Amount as of the close of business on such last day; provided, however, that with respect to the first Monthly Period, the Collateral Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Hedge Collateral Defined in Section 5.3(b).

  • Letter of Credit Collateral has the meaning specified in Section 6.02(b).

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.

  • Original Collateral Sale Date means 1 December 2020.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Collateral Custodian Fee means the fee to be paid to the Collateral Custodian as set forth in the Custody Agreement.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Collateral File With respect to each Mortgage Loan, a file containing each of the Collateral Documents.

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.