Existing Swap definition

Existing Swap means the ISDA Master Agreement dated May 6, 2008, executed by Xxxxxxx, together with the ISDA schedule and the rate confirmation dated June 9, 2010, and any other ISDA schedules and rate confirmations executed in connection therewith, as amended, restated or replaced from time to time.
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Existing Swap means the swap transaction governed by that certain ISDA Schedule to the 2002 Master Agreement dated as of April 27, 2012, by and between Bank of America, N.A. and Borrower, as amended.
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Existing Swap means ISDA Master Agreement entered into by Borrower with Xxxxx Fargo Bank, dated as of March 9, 2015, and the rate confirmation letter, dated March 9, 2015, referring to trade number 15552648.
Sample 1

Examples of Existing Swap in a sentence

  • In contrast, Respondent offered no records to show the hours worked by Carter, claiming that Abraham had stolen them or, in the alternative, that the records were stored in boxes in a 5,000 square foot warehouse that Hanners did not have the time to access because he was homeless.7 In a wage claim case, it is primarily the employer’s responsibility to keep records of the actual hours worked each pay period by each employee.

  • The Existing Swap has an effective date of December 22, 2015 and a maturity date of December 22, 2022 and the Forward Start Swap, which was entered into simultaneously with the renewal of the Credit Facility on September 10, 2021, has an effective date of December 22, 2022 and a maturity date of September 10, 2026.

  • The Determinants of the Market Value of An Existing Swap PositionTo gain more insights into the determinants of the market value of swap positions, let us substitute for ib(m,t) in equation (1) and express the value of an existing long position in terms of the value of a coupon bond:(la),(lb).

  • Deliveries to the latter can be complete installations of patient lifts, but also replacements — for example, of motors as part of the aftermarket segment.

  • The Market Value of An Existing Swap PositionMost of the existing fixed/floating interest rate swaps, especially those with more active floating indices such as LIBOR and T-bill rates, can be readily traded in the secondary markets.

  • Each Credit Party and each Lender agrees and acknowledges that (i) the Existing Swap Agreements are Swap Agreements permitted under this Section 7.05, (ii) as of the Effective Date, the counterparty to such Swap Agreements is a Lender Counterparty, and (iii) the obligations of the Borrower under such Swap Agreements are included in the defined term “Obligations” and such obligations are entitled to the benefits of, and are secured by the Liens granted under, the Security Instruments.

  • Depending on the performance of the business of Trade Marks, the stamping fee can range between 0.90% and 1.40% in accordance with the following: Debt to EBITDA Ratio Credit Charge< 1.00:1 0.90% per annum> 1:00:1 and < 1:50:1 1.15% per annum> 1:50:1 1.40% per annum The fair value of the Existing Swap as at March 27, 2022 was $364,000 unfavourable (December 31, 2021 -$983,000 unfavourable) and the change in fair value is recorded in the consolidated statements of income and comprehensive income.

  • Agent shall have received satisfactory evidence that the Existing Swap Obligations have been repaid in full and terminated.

  • Case:20-01247-ESL11 Doc#:434 Filed:07/27/21 Entered:07/27/21 14:06:30 Desc: Main Document Page 3 of 7 1 claims or interests of the relevant class to make an informed judgment about the plan.” 11 U.S.C.

  • Under the Existing Swap, as at March 27, 2022, the term loan’s effective interest rate was 3.95% per annum (December 31, 2021 – 3.95%), comprising 2.80% per annum which is fixed under the swap agreement until December 22, 2022 plus a 1.15% per annum stamping fee.


More Definitions of Existing Swap

Existing Swap means the interest rate swap transaction of the College with the Existing Swap Provider evidenced by the Master Agreement (including the Schedule thereto) dated as of July 21, 2023, as amended by the Amendment Agreement dated as of September 12, 2023 (including the Credit Support Annex thereto) and the two Amended and Restated Confirmations dated July 21, 2023, as amended and restated as of September 12, 2023 providing for interest rate exchange transactions with respect to the Series 2023 Bonds in the notional amounts of $96,157,000 and $16,748,000, respectively, as such Existing Swap may be amended and/or restated by the parties thereto, together with the third Amended and Restated Confirmation dated July 21, 2023, as amended and restated as of September 12, 2023, and as amended and restated by the two Amended and Restated Confirmations dated January , 2024, between the College and the Existing Swap Provider providing for interest rate exchange transactions in the aggregate notional amount of $43,225,000, which are hereby designated to be part of the Existing Swap.
Sample 1
Existing Swap has the meaning specified therefor in the recitals to the Agreement.
Sample 1
Existing Swap means the ISDA Master Agreement dated as of 6th February 1997 entered into between the Borrower and the Existing Swap Counterparty, together with the Schedule thereto and all confirmations to that Master Agreement;
Sample 1
Existing Swap means swap arrangements to which an Existing Borrower is a party at the date of this Deed which are referred to in the Hedging Process Paper as the Existing Swaps;
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Existing Swap means the Interest Rate and Currency Exchange Agreement dated as of July 13, 1990 between the Partnership and Paribas providing for an interest rate swap transaction the Confirmation for which is dated as of March 1, 1994.
Sample 1
Existing Swap means (i) the ISDA Master Agreement, including the Schedule and related confirmation, each dated as of August 7, 2008, between the City and Xxxxxxx Xxxxx Financial Products, Inc. (as successor in interest to Xxxxxx Xxxxxx Financial Products, Inc. (“RJFP”), (ii) the Replacement Transaction Agreement, dated as of August 7, 2008, among the City, RJFP, and Deutsche Bank AG, New York Branch, and (iii) the Credit Support Annex, dated as of August 7, 2008, between the City and Deutsche Bank AG, New York Branch.
Sample 1

Related to Existing Swap

  • Eligible Swap Counterparty means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

  • Existing ship means a ship which is not a new ship.

  • Existing Contract means a contract that was made before the operative date;

  • Derivative Contract means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, repurchase transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement, including any such obligations or liabilities under any such master agreement.

  • 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.

  • Cleared Swap means a Swap that is subject to the mandatory clearing requirement of Section 2(h)(1)(A) of the CEA or any Swap that is intended by a Participant to be submitted to a DCO for clearing contemporaneously with execution.

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Existing Senior Notes means the Existing 2020 Senior Notes and the Existing 2021 Senior Notes, collectively.

  • Existing Security Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Parent Contract means any Contract: (a) to which Parent or any of its Subsidiaries is a party; (b) by which Parent or any of its Subsidiaries or any Parent IP or any other asset of Parent or any of its Subsidiaries is or may become bound or under which Parent or any of its Subsidiaries has, or may become subject to, any obligation; or (c) under which Parent or any of its Subsidiaries has or may acquire any right or interest.

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

  • Key Sub-Contract means each Sub-Contract with a Key Sub-Contractor;

  • Existing Security Documents shall have the meaning assigned to such term in the recitals hereto.

  • Hedge Contract means any exchange, swap, forward, cap, floor, collar, option or other similar agreement or arrangement entered into for the purpose of reducing the exposure of a Group Member to fluctuations in interest rates, the price of hydrocarbons, basis differentials or currency exchange rates in their operations or financing activities and not for speculative purposes.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • 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.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • existing vessel means a vessel which is not a new vessel;

  • 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.

  • Equity Contract means any transaction or instrument that does not convey to Dealer rights, or the ability to assert claims, that are senior to the rights and claims of common stockholders in the event of Counterparty’s bankruptcy.

  • Total Return Swap means any total return swap entered into by a Financing Subsidiary.

  • Hedge Transaction means each interest rate swap, index rate swap or interest rate cap transaction or comparable derivative arrangement between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 10.6 and is governed by a Hedging Agreement.

  • Interest Rate Swap means any interest rate swap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • 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;

  • Existing Securities means, collectively, the Equity Securities and the Debt Securities.