Replacement Swap Agreement means, with respect to any Swapped Note, a cross-currency swap agreement and annexes and schedules thereto with payment terms and provisions (other than a reduction in notional amount, if applicable) identical to those of the Initial Swap Agreement with respect to such Swapped Note that is entered into on an arm’s length basis by the holder of such Swapped Note in full or partial replacement (by amendment, modification or otherwise) of such Initial Swap Agreement (or any subsequent Replacement Swap Agreement) in a notional amount not exceeding the outstanding principal amount of such Swapped Note following a non-scheduled prepayment or a repayment of such Swapped Note prior to its scheduled maturity. Any holder of a Swapped Note that enters into, assumes or terminates an Initial Swap Agreement or Replacement Swap Agreement shall within a reasonable period of time thereafter deliver to the Company a copy of the confirmation, assumption or termination related thereto.
Replacement Swap Agreement means, with respect to any Swapped Note, a cross-currency swap agreement and annexes and schedules thereto with payment terms and provisions (other than a reduction in notional amount, if applicable) identical to those of the Initial Swap Agreement with respect to such Swapped Note that is entered into on an arm’s length basis by the holder of such Swapped Note in full or partial replacement (by amendment, modification or otherwise) of such Initial Swap Agreement (or any subsequent Replacement Swap Agreement) in a notional amount not exceeding the outstanding principal amount of such Swapped Note following a non-scheduled prepayment or a repayment of such Swapped Note prior to its scheduled maturity. Any holder of a Swapped Note that enters into, assumes or terminates an Initial Swap Agreement or Replacement Swap Agreement shall within a reasonable period of time thereafter deliver to the Company an updated Schedule 8.8 or separately deliver the full Replacement Swap Agreement to the Company.
Replacement Swap Agreement is defined in Section 8.8(b)(iii).
Examples of Replacement Swap Agreement in a sentence
Upon receipt of such Replacement Agent Notice, the Issuer shall make reasonable efforts to effect such replacement on, or as soon as practicable following, the entry into of the Replacement Swap Agreement.
Any holder of a Swapped Note that enters into, assumes or terminates an Initial Swap Agreement or Replacement Swap Agreement shall, within a reasonable period of time thereafter, deliver to the Issuer a copy of the confirmation, agreement or termination related thereto.
Upon a request by the Insurer pursuant to Section 4.5 of the Insurance Agreement, the Trust Collateral Agent shall enter into a Replacement Swap Agreement (as such term is defined in Section 4.05 of the Insurance Agreement) with a replacement Swap Provider or providers in form and substance satisfactory to the Insurer.
This session will be conducted by the Safety and Health Manager and the Site Safety and Health Officer to ensure that all personnel are familiar with requirements and responsibilities for maintaining a safe and healthful work environment.
Upon a request by the Insurer pursuant to Section 4.10 of the Insurance Agreement, the Issuer shall enter into a Replacement Swap Agreement (as such term is defined in Section 4.10 of the Insurance Agreement) with a replacement Swap Provider or replacement Swap Providers in form and substance satisfactory to the Insurer.
More Definitions of Replacement Swap Agreement
Replacement Swap Agreement means, with respect to any Swapped Note, a cross-currency swap agreement and annexes and schedules thereto with payment terms and provisions (other than a reduction in notional amount, if applicable) identical to those of the Initial Swap Agreement with respect to such Swapped Note that is entered into on an arm’s length basis by the holder of such Swapped Note with a creditworthy leading dealer in the relevant foreign currency exchange market in full or partial replacement (by amendment, modification or otherwise) of an Original Swap Agreement (or any subsequent Replacement Swap Agreement) in a notional amount not exceeding the outstanding principal amount of such Swapped Note covered by the Original Swap Agreement or Replacement Swap Agreement, as the case may be, that is being replaced by such Replacement Swap Agreement following a non-scheduled prepayment or a repayment of such Swapped Note prior to its scheduled maturity. Any holder of a Swapped Note that enters into, assumes, novates or terminates an Original Swap Agreement or Replacement Swap Agreement shall within a reasonable period of time thereafter deliver to the Company a notice confirming the assumption, novation or termination related thereto.
Replacement Swap Agreement means, with respect to any Swap Counterparty, any replacement Swap Agreement entered into pursuant to the conditions set forth in the Swap Agreement.
Replacement Swap Agreement means any replacement swap agreement approved by XLCA (acting in its absolute discretion) that replaces the Swap Agreement and that is with a replacement swap provider that is approved by XLCA (acting in its absolute discretion).
Replacement Swap Agreement means any Swap Agreement entered into by the Issuer upon termination of an existing Swap Agreement on substantially the same terms as such existing Swap Agreement, that preserves for the Issuer the economic effect of the terminated Swap Agreement and all Swap Transactions thereunder, subject to such amendments as may be agreed by the Trustee and in respect of which Rating Agency Confirmation is obtained.
Replacement Swap Agreement means, with respect to any Note that was subject to an Initial Swap Agreement, any swap or exchange agreement with payment terms and provisions (other than a reduction in notional amount in the case of a partial prepayment) substantially similar to those of such Initial Swap Agreement (including, without limitation, a modification, amendment, assumption or assignment of an existing Swap Agreement) that (i) is in a notional amount not to exceed (1) the aggregate outstanding principal amount of Notes held by the holder of Notes entering into such agreement and (2) the notional amount provided for in such Initial Swap Agreement, (ii) is in full or partial replacement of or substitution for such holder’s Initial Swap Agreement, and (iii) is entered into with the same or a differing counterparty as a result of, and following, a partial prepayment or repayment of any Swapped Note prior to its scheduled maturity pursuant to any of Sections 8.10, 8.11, 10.2, and 10.3 or in connection with the making of a Restricted Payment without giving rise to an Event of Default under Section 11(o).
Replacement Swap Agreement means, with respect to any Swapped Note, any swap or exchange agreement with payment terms and provisions (other than a reduction in notional amount, in the case of a partial prepayment) identical to those of an Initial Swap Agreement (including, without limitation, a modification or amendment of an existing Swap Agreement) and annexes and schedules thereto that (i) is in a notional amount not to exceed the aggregate outstanding principal amount of the Swapped Notes held by the holder of such Swapped Notes entering into such agreement, (ii) is in full or partial replacement of such holder’s Initial Swap Agreement, and (iii) is entered into as a result of, and following, a partial prepayment or repayment of any Swapped Note prior to its scheduled maturity pursuant to Section 9.2 hereof.
Replacement Swap Agreement means, with respect to any Swapped Note, a cross-currency swap agreement and annexes and schedules thereto with payment terms and provisions (other than a reduction in notional amount, if applicable) identical to those of the Initial Swap Agreement with respect to such Swapped Note that is entered into on an arm’s length basis by the holder of such Swapped Note with a leading dealer in the relevant foreign currency exchange market in full or partial replacement (by amendment, modification or otherwise) of such Initial Swap Agreement (or any subsequent Replacement Swap Agreement) in a notional amount not exceeding the outstanding principal amount of such Swapped Note following a non-scheduled prepayment or a repayment of such Swapped Note prior to its scheduled maturity. Any holder of a Swapped Note that enters into, assumes or terminates an Initial Swap Agreement or Replacement Swap Agreement shall within a reasonable period of time thereafter deliver to the Company (i) a copy of the confirmation, assumption or termination related thereto or (ii) a disclosure letter containing the principal terms thereof.