Liability Swap Provider definition

Liability Swap Provider means any entity acting as a liability swap provider to the Guarantor pursuant to a Liability Swap Agreement.
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Examples of Liability Swap Provider in a sentence

  • In 2014, the need also emerged, according to UBI Banca to transfer the Swap Collateral Accounts relative to UBI Banca as Liability Swap Provider, opened at the Bank of New York Mellon, London Branch, which in the framework of the Programme has the role of English Account Bank, to another bank.

Related to Liability Swap Provider

  • Eligible Counterparty means any bank or financial institution (which for these purposes shall include any leading dealer or broker in commodity and commodity index swap transactions) incorporated, domiciled and regulated in an OECD country with a rating equal to the Eligible Counterparty Threshold Rating or higher (or the equivalent rating from any other Rating Agency) or having the benefit of an enforceable guarantee from an Affiliate with a rating equal to the Eligible Counterparty Threshold Rating or higher (or the equivalent rating from any other Rating Agency).