ISDA Amount definition

ISDA Amount means such amount as may be due and payable by the Pass Through Trust under the ISDA Master Agreement under the circumstances contemplated thereby as notified to the Issuer, the Indenture Trustee and the Pass Through Trustee by the Calculation Agent.
View Source
ISDA Amount means the net value, including deposits thereunder, of the Contracts listed on Schedule 4.06(a)(v) and (a)(x) item 17.
View Source
ISDA Amount. Means such amount as is required to be paid under the ISDA Master Agreement in accordance with the terms thereof.
View Source

Examples of ISDA Amount in a sentence

  • The Notional Amount used to determine the ISDA Amount shall be equal to the aggregate principal amount of X-TRAS redeemed.

  • The Notional Amount used to determine the ISDA Amount shall be equal to the aggregate principal amount of X-TRAS tendered for repurchase and not withdrawn.

  • The Notional Amount used to determine the ISDA Amount shall be the aggregate principal amount of the X-TRAS outstanding as of the Exercise Date.

  • Out of such amount, the Trustee will distribute on the Final Distribution Date (x) an amount equal to 100% of the aggregate principal amount of the X-TRAS plus accrued interest to the Certificateholders and (y) an amount equal to the ISDA Amount to the Extension Option Buyer in accordance with the ISDA Master Agreement.

  • The Notional Amount used to determine the ISDA Amount shall be the aggregate principal amount then outstanding of the X-TRAS, unless less than all of the X-TRAS are redeemed, in which case the applicable Notional Amount for purposes of determining the Extension Amount shall be equal to the aggregate principal amount of X-TRAS redeemed.

  • If the maturity of the X-TRAS is extended and for any reason the Pass Through Trustee does not receive an amount in cash equal to the principal amount of and interest on the X-TRAS plus the ISDA Amount by the Remarketing on the Initial Stated Maturity, all of the outstanding X-TRAS at a purchase price equal to 100% of the principal amount of and accrued interest on the X-TRAS to the Initial Stated Maturity.

  • Upon payment of the Final Distribution to Certificateholders and the ISDA Amount to the Extension Option Buyer on the Final Distribution Date, the Company shall be entitled to receive any amounts earned in respect of the investment by the Trustee of the Required Remarketing Proceeds and the ISDA Amount in Permitted Investments pursuant to clause (iv) below.

  • The property of the Trust includes certain X-TRAS and all rights of the Trust to receive payments under the Indenture, except as set forth therein with respect to the ISDA Amount under the ISDA Master Agreement (the "Assigned Trust Property").

  • Upon payment of the Final Distribution to Certificateholders and the ISDA Amount to the Extension Option Buyer on the Final Distribution Date, the Issuer shall be entitled to receive any amounts earned in respect of the investment by the Pass Through Trustee of the Required Remarketing Proceeds and the ISDA Amount in U.S. Government Obligations pursuant to clause (d) below.

  • Incorporated and the Calculation Agent not later than the Remarketing Deadline, at a redemption price equal to the sum of (i) 100% of the aggregate principal amount thereof together with accrued interest, if any, thereon to the Final Distribution Date plus (ii) the ISDA Amount as of the Exercise Date as calculated by the Calculation Agent and notified to the Company, the Indenture Trustee and the Trustee within five Business Days thereafter, in which case the X-TRAS will not be remarketed.


More Definitions of ISDA Amount

ISDA Amount. Means such amount as is required to be delivered by the Trust under the ISDA Master Agreement in accordance with the terms thereof. ISDA Master Agreement: Means the ISDA Master Agreement, Schedule and Confirmation dated as of ______ __, 1998 entered into by the Trust and the Extension Option Buyer, as amended from time to time.
View Source