Counterparty Termination Payment definition

Counterparty Termination Payment shall have the meaning ascribed thereto in Section 3.1(e);
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Counterparty Termination Payment shall have the meaning ascribed thereto in the Series 2023-2 Supplement;
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Counterparty Termination Payment means the amount (if any) due by the Issuer to the Counterparty as determined pursuant to Section 6(e) of the Swap Agreement following termination of the Swap Agreement.
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Examples of Counterparty Termination Payment in a sentence

  • Any amounts payable to the Issuer upon any applicable early termination under the Swap Agreement (a “ Counterparty Termination Payment”) shall be paid to a replacement swap counterparty by, or as directed by, the Issuer as consideration for the entering into of a swap agreement in replacement of the Swap Agreement and any excess Counterparty Termination Payment shall be deposited immediately into the Collection Account for application pursuant to 4.05.

  • Any amounts payable to the Trust upon any applicable early termination under the Swap Agreement (a “Counterparty Termination Payment”) shall be paid to a replacement swap counterparty by, or as directed by, the Trust as consideration for the entering into of a swap agreement in replacement of the Swap Agreement and any excess Counterparty Termination Payment shall be deposited immediately into the Accumulations Account for application pursuant to Article 4.

  • The Issuer shall deposit or arrange for the deposit of (a) all amounts received from the Swap Counterparty under the Swap Agreement, other than any Counterparty Termination Payment, any Collateral Deposit Amounts and any amounts received in respect of the Party A Initial Exchange Amount (as defined in the Swap Agreement) and (b) all amounts received by the Administrator pursuant toSection 4.20, to the Class A Note Payment Account or as otherwise directed by the Indenture Trustee.

  • Proc Natl Acad Sci U S A 101, 10691-10696, doi:10.1073/pnas.0307252101 (2004).

  • The Issuer will procure that each Hedge Counterparty Termination Payment and each Hedge Replacement Receipt is paid into a segregated sub-account within the Hedge Termination Account which is opened and maintained in respect of the related hedge transaction promptly upon receipt thereof.

  • The Issuer shall deposit or arrange for the deposit of (a) all amounts received from the Swap Counterparty under the Swap Agreement, other than any Counterparty Termination Payment, any Collateral Deposit Amounts and any amounts received in respect of the Party A Initial Exchange Amount (as defined in the Swap Agreement) and (b) all amounts received by the Administrator pursuant to Section 4.20, to the Class A Note Payment Account or as otherwise directed by the Indenture Trustee.

  • Asset Swap Counterparty Termination Payment means any amount payable by the Asset Swap Counterparty to the Issuer upon termination of an Asset Swap Transaction or Asset Swap Agreement, excluding for the avoidance of doubt, Asset Swap Counterparty Principal Exchange Amounts as described therein but including any Defaulted Asset Swap Termination Receipts.

  • Asset Swap Counterparty Termination Payment means the amount payable by the Asset Swap Counterparty to the Issuer upon termination of an Asset Swap Transaction, but excluding any due and unpaid scheduled amounts payable thereunder.

  • It also reflects an expansion in the way the GEF pursues global environmental benefits by screening projects that best fit with the approved Council strategies and provides an overall portfolio effect for the work program.

  • Currency Swap Counterparty Termination Payment means the amount payable by the Currency Swap Counterparty to the Issuer upon termination or modification of the Currency Swap Transaction(if any) including any Notional Adjustment Payment Amounts, but excluding any due and unpaid scheduled amounts payable thereunder.

Related to Counterparty Termination Payment

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.

  • Swap Termination Payments shall have the meaning set forth in each Swap Agreement.

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Swap Termination Event means any event defined as a “Termination Event” in the Interest Rate Swap Agreement.

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Servicer Termination Notice Defined in Section 6.15.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2, TERM NOTE 4, and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, April 21, 2006; (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’S election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Company Termination Event means any of the following:

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Swap Termination Value means, in respect of any one or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender).

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Additional Termination Event has the meaning specified in Section 5(b).