Swap definition

Swap means any agreement, contract, or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.

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Swap means any swap, hedge or similar arrangement or agreement that transfers, in whole or in part, the economic risk of ownership of Shares or Related Securities, regardless of whether any such transaction is to be settled in securities, in cash or otherwise.

Swap means any “swap” as defined in Section 1a(47) of the CEA and regulations thereunder, other than (a) a swap entered into, or subject to the rules of, a board of trade designated as a contract market under Section 5 of the CEA, or (b) a commodity option entered into pursuant to CFTC Regulation 32.3(a).

Examples of Swap in a sentence

Further, without the prior written consent of the Lender, the Borrowers will not, and will not permit any Subsidiary to, (1) assign, terminate or unwind any Swap Agreement, or (2) sell any Swap Agreement, in any case now existing or hereafter arising, which has been or will be incorporated into the determination of the Borrowing Base, as reasonably determined by the Lender.
In no event shall any Swap Agreement to which a Borrower or any Subsidiary is a party contain any requirement, agreement or covenant for the Borrowers or any Subsidiary to post cash or other collateral or margin to secure their obligations under such Swap Agreement or to cover market exposures.
Subject to the limitation set forth below, each Borrower hereby absolutely, irrevocably and unconditionally guarantees to each Secured Party the prompt payment of all Obligations (other than Excluded Swap Obligations) of the Qualified Borrowers (the “Guaranteed Obligations”).
Notwithstanding any of the foregoing, Guaranteed Obligations shall not include any Excluded Swap Obligations.

More Definitions of Swap

Swap means any agreement, contract or transaction that is a swap as defined in Section 1a(47) of the CEA and as further defined by the CFTC, which is listed on the SEF operated by BSEF in accordance with CFTC Regulation 37.4.

Swap means an agreement that provides for

Swap as defined in Section 1a(47) of the CEA and regulations thereunder other than (a) a swap entered into on, or subject to the rules of, a board of trade designated as a contract market under Section 5 of the CEA, or (b) a commodity option entered into pursuant to CFTC Regulation 32.3(a).

Swap means any “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.

Swap means an agreement to exchange for net payments at one or more times based on the actual or expected price, level, performance or value of one or more underlying interests.

Swap means any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.

Swap a payment taken for carrying an open position overnight. It can be either positive or negative. A chart, defining swap values for each instrument, can be found at InstaForex official website. At the moment of the present Agreement revision, the information was available at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇/en/specifications.php.