Examples of Swap Collateral Account in a sentence
All transfers to and from the Swap Collateral Account are made solely in accordance with and for the purposes set out in the Swap Agreement.
The Swap Collateral Account shall be established by the Servicer to hold assets comprising the Credit Support Balance of the Swap Counterparty.
The Issuer shall possess all title documents to, other evidence of ownership of all funds from time to time on deposit in, and all investments and their proceeds which are credited to, the Swap Collateral Account.
The Issuer shall have sole signing authority in respect of the Swap Collateral Account.
The Issuer shall direct the Swap Counterparty to deposit any credit support amounts to be transferred pursuant to the Swap Agreement upon a ratings downgrade into the Swap Collateral Account.