Initial Swap definition

Initial Swap means the initial Swap, as identified by a confirmation number, applicable to a Batch of Crude Oil.

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Initial Swap means the [International Swap Dealers Association, Inc. Master Agreement dated as of [January , 2019], between Wells Fargo Bank, National Association and the Borrower; Schedule to the Master Agreement dated as of [January , 2019], between Wells Fargo Bank, National Association and the Borrower; and Confirmation to the Schedule to the Master Agreement dated as of [January , 2019], between Wells Fargo Bank, National Association and the Borrower], which is in effect on the Issue Date.

Initial Swap means the Swap, which is in effect on the Issue Date. “Interest Payment Date” means (a) during any Weekly Rate Period or Index Interest Rate Period, each Monthly Interest Payment Date, (b) during any Flexible Term Rate Period, the first Business Day immediately succeeding the last day of each Flexible Term Rate Period, but only as to Bonds for which such Flexible Term Rate Period is applicable, (c) during any Fixed Rate Period or Medium-Term Rate Period, each Semiannual Interest Payment Date, (d) each Conversion Date, (e) with respect to Unremarketed Bonds, the dates set forth in the Continuing Covenant Agreement for the payment of interest on Unremarketed Bonds, (f) with respect to Credit Provider Bonds, the dates set forth in the Reimbursement Agreement for the payment of interest on Credit Provider Bonds, (g) for Bonds subject to redemption in whole or in part on any date, the date of such redemption and (h) the Maturity Date.

Examples of Initial Swap in a sentence

On the Closing Date, the Issuing Entity shall enter into the Initial Interest Rate Swap Agreement with the Initial Swap Counterparty.
On the Closing Date, the Issuer will enter into an interest rate swap agreement with the Initial Swap Counterparty to hedge the floating interest rate on the Class A-4 Notes (the “Swap Agreement”).
On the Closing Date, the Issuer will enter into an interest rate swap agreement with the Initial Swap Counterparty to hedge the floating interest rate on the Class A-3-B and the Class A-4 Notes (the “Swap Agreement”).
The Notice of Purchase Price Adjustment Disagreement shall set forth in reasonable detail the basis for such disagreement, the amounts involved and Sellers’ Representative’s determination of the amount of the Initial Working Capital, the Initial Net Indebtedness and the Initial Swap Termination Costs, as applicable.
Until changed by a subsequent notice delivered in accordance with this Section 17, notices for each party are to be directed to: For delivery to Initial Swap Counterparty: BP Corporation North America Inc.
Upon the designation of an early termination date under the Initial Swap Party ISDAs, the Hedge Parties shall take all steps necessary to liquidate the Hedge Claims.
The only permitted withdrawal from or application of funds on deposit in, or otherwise to the credit of, the Swap Collateral Account shall be (i) for application to obligations of the Initial Swap Counterparty to the Issuer under the Initial Interest Rate Swap Agreement in accordance with the terms of the Initial Interest Rate Swap Agreement or (ii) to return collateral to the Swap Counterparty when and as required by the Initial Interest Rate Swap Agreement.
The Issuer shall enter into the Initial Interest Rate Swap Agreement with the Initial Swap Counterparty.
As used in this Agreement, Approved ISDA means (a) the Initial Swap Party ISDAs and (b) any other ISDA Master Agreement, including any Schedules and Annexes thereto, between Borrower and any other Swap Counterparty that has become a party hereto in accordance with Section 28.
The Issuer and the Manager will appoint WisdomTree UK Limited of ▇▇▇ ▇▇▇▇▇, ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇, the Initial Swap Provider and the Initial Authorised Participant will appoint BNP Paribas of ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇, and the Issuing and Paying Agent will appoint Link Market Services Trustees Limited of The Registry, ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇ ▇▇▇ as their respective agents to receive, for and on their behalf, service of process in any Proceedings in England.

More Definitions of Initial Swap

Initial Swap means the [IDENTIFY] Swap, which is in effect on the Issue Date. [Need?]

Initial Swap means the Swap, which is in effect on the Issue Date. “Insurance Proceeds” means the insurance claims under and the proceeds of any and all policies of insurance covering the Facilities or any part thereof, including all returned and unearned premiums with respect to any insurance relating to such Facilities, in each case whether now or hereafter existing or arising.

Initial Swap means any initial Swap, as identified by a confirmation number, applicable to a Batch of Crude Oil and shall include any Swap executed under clauses (i), (ii) or (iii) of Section 2.01(f) which is not a Replacement Swap.