Subordinated Swap Termination Payment definition

Subordinated Swap Termination Payment means any Swap Termination Payment owed by the Issuer to the Swap Counterparty under an Interest Rate Swap Agreement other than a Senior Swap Termination Payment.]
Subordinated Swap Termination Payment means any Swap Termination Payment owed by the Issuing Entity to the Swap Counterparty under the Interest Rate Swap Agreement other than a Senior Swap Termination Payment.
Subordinated Swap Termination Payment means any Swap Termination Payment owed by the Issuer to the Swap Counterparty under an Interest Rate Swap Agreement where the Swap Counterparty is the “defaulting party” or “sole affected party” (other than with respect to, “illegality”, or a “tax event”, as each such term is defined in the Interest Rate Swap Agreement) because of an “event of default” or “termination event” under the Internet Rate Swap Agreement.] 24 Definitions (BAAT 20[ ]-[ ])

More Definitions of Subordinated Swap Termination Payment

Subordinated Swap Termination Payment means any termination payment payable by the Issuer to a Swap Counterparty where the related termination results from either (a) an "event of default" under the related Interest Rate Swap where the Swap Counterparty is the "defaulting party" or (b) a "termination event" under the related Interest Rate Swap for which the Swap Counterparty is the sole "affected party."
Subordinated Swap Termination Payment means any amount payable by the Issuer to the Swap Counterparty pursuant to Section 6(e) of the Master Agreement (other than the portion thereof representing any Unpaid Amount) as a result of the occurrence of a Non Priority Swap Termination Event;
Subordinated Swap Termination Payment means any amount payable by the Issuer to the Swap Counterparty pursuant to Section 6(e) of the ISDA Master Agreement as a result of the occurrence of a Non Priority Termination Event. For the avoidance of doubt, if a Non Priority Termination Event occurs with respect to the Swap Counterparty the amounts payable by the Issuer to the Swap Counterparty under the Swap Agreement pursuant to Section 6(e) of the Master Agreement shall constitute Subordinated Swap Termination Payments.
Subordinated Swap Termination Payment means any Swap Termination Payment owed by the Issuing Entity to the Swap Counterparty under the Interest Rate Swap Agreement on any Distribution Date relating to an early termination of a Transaction (as defined therein) under the Interest Rate Swap Agreement following a Swap Event of Default or a Swap Termination Event arising under the Interest Rate Swap Agreement where the Swap Counterparty is the "Defaulting Party" or sole "Affected Party" (other than any such termination event as a result of "Illegality" or "Tax Event") (the terms "Defaulting Party," "Affected Party," "Illegality" and "Tax Event" each has the meaning set forth in the Interest Rate Swap Agreement).
Subordinated Swap Termination Payment means any termination payment due under any Hedge Agreement resulting from the occurrence of an "Early Termination Date" under and as defined in such Hedge Agreement, where the Hedge Counterparty is the "Defaulting Party" or sole "Affected Party" (each as defined in such Hedge Agreement) other than any termination payment resulting from a "Tax Event" or "Illegality" (each as defined in such Hedge Agreement).
Subordinated Swap Termination Payment has the meaning specified in the Indenture.
Subordinated Swap Termination Payment means any termination payment due to the Issuer from the Swap Counterparty pursuant to the Swap Agreement upon its termination in respect of which the Swap Counterparty is either the Defaulting Party or the sole Affected Party (each as defined in the Swap Agreement) following the occurrence of a Swap Counterparty Rating Event.