Swap Agents definition
Swap Agents means the Calculation Agent and the Independent Confirmation Agent and any other person appointed as a "Swap Agent" from time to time under the Swap Agency Agreement (as amended from time to time) by agreement between the Issuer and the Portfolio Swap Counterparty or, in each case, any successor in title thereto, and any reference to a "Swap Agent" is to any one of them.
Examples of Swap Agents in a sentence
On or before the Spread Determination Date, the Remarketing Agents, in consultation with the Administrator, will select the Swap Counterparty or Counterparties and any related Swap Agents and will cause any such Swap Agent or Swap Agents to enter into the required Swap Agreements on the Reset Date for the upcoming Reset Period.
The initial Swap Agent, appointed by the Remarketing Agents pursuant to the Remarketing Agreement, is Citibank, N.A. The initial Swap Agents shall be entitled to receive their pro rata share of the Remarketing Agents' Upfront Fee paid to the Remarketing Agents pursuant to Section 3(c) of the Remarketing Agreement.