Hedge Counterparty Collateral Account means the non-interest bearing securities account designated as the Hedge Counterparty Collateral Account established by the Trustee pursuant to Section 16.1(c).
Hedge Counterparty Collateral Account means the account established pursuant to Section 10.1(b) and described in Section 10.3(g).
Hedge Counterparty Collateral Account. Each account established pursuant to Section 10.4.
Examples of Hedge Counterparty Collateral Account in a sentence
The only permitted withdrawals from or application of funds or property on deposit in the Hedge Counterparty Collateral Account shall be in accordance with the written instructions of the Collateral Manager.
Two electronic signatories shall be required to authorise an EFT payment file.
The only permitted withdrawals from or application of funds or property on deposit in the Hedge Counterparty Collateral Account shall be in accordance with the written instructions of the Portfolio Manager.
The only permitted withdrawals from or application of funds or property on deposit in the Hedge Counterparty Collateral Account will be in accordance with the written instructions of the Collateral Manager.
Amounts in the Hedge Counterparty Collateral Account Amounts will be invested in overnight funds that are Eligible Investments selected by the Collateral Manager and income earned from all such investments will be deposited in the Interest Collection Subaccount as Interest Proceeds as it is paid.
More Definitions of Hedge Counterparty Collateral Account
Hedge Counterparty Collateral Account means the Securities Account designated as the “Hedge Counterparty Collateral Account” and established in the name of the Trustee pursuant to Section 10.6.
Hedge Counterparty Collateral Account means the segregated account established by the Trustee at the direction of the Issuer pursuant to Section 3.32 of the Indenture, in the name of the Indenture Trustee and for the benefit of the Noteholders.
Hedge Counterparty Collateral Account means each Securities Account designated a "Hedge Counterparty Collateral Account" and established in the name of the Trustee pursuant to Section 16.1(e).
Hedge Counterparty Collateral Account shall have the meaning given to such term in the Indenture.
Hedge Counterparty Collateral Account has the meaning given to such term in Section 6.03(b). "Hedge Reserve Account" means a segregated account established by the initial Servicer, on behalf of the Borrower, with the Account Bank in the name of the Administrative Agent for the benefit of the Secured Parties, into which amounts may be deposited by the Borrower in accordance with Section 6.03(a) and which, at all times from and after the time of its establishment, will be subject to the Control Agreement. "Hedge Reserve Account Required Amount" means, as of any date of determination on which the aggregate notional amount of all outstanding Hedge Transactions is less than the Loans Outstanding (after giving effect to any changes to the Loans Outstanding on such date), an amount equal to the product of (i) 110% times (ii) the quoted purchase price from any Lender, any Agent, or any Affiliate of any Lender or Agent (which price shall be reasonably determined based on prevailing market conditions and such Lender or Agent's pricing of caps of a similar size, duration and cap rate) most recently received by the Borrower (or the Servicer on behalf of the Borrower) pursuant to Section 6.03(a)(ii) hereof (which quote shall, for purpose of this definition, continue in effect until the next succeeding date on which such a quote is received pursuant to Section 6.03(a)(ii) hereof), for an interest rate cap (A) that has a notional amount, duration, and amortization that is agreed upon by the Borrower and the Administrative Agent for such date and (B) the cap rate for which is the maximum cap rate that would cause the Excess Spread to equal the 'Average Target Rate' if a Hedge Transaction in the form of an interest rate cap having such strike rate and having the notional amount referenced in clause (A) was included in the calculation of 'Weighted Average Hedge Rate' on such date. For purposes of this definition, the 'Average Target Rate' as of any date of determination is the weighted average Target Rate of all Eligible Receivables (weighted by the Principal Balance of such Eligible Receivables). "Hedge Transaction" means each interest rate hedge transaction between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 6.03 and is governed by a Hedging Agreement. "Hedging Agreement" means each agreement between the Borrower and a Hedge Counterparty which governs one or more Hedge Transactions entered into pursuant to Section 6.03, which agreement shall be reasonably acceptable to the A...
Hedge Counterparty Collateral Account means, in respect of any Hedge Agreement, an interest bearing account described as such in the name of the Issuer with the Account Bank, as such is established pursuant to and in accordance with Condition 12(d) (Hedge Counterparty Collateral Accounts).
Hedge Counterparty Collateral Account means the account designated as such pursuant to Section 4.1(a)(v) of the Servicing Supplement.