Swap Replacement Ledger definition

Swap Replacement Ledger has the meaning ascribed to it in Clause 6 of the Administration Agreement.
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Swap Replacement Ledger means the ledger with such name referred to section ‎5.4(C) (Transaction Account Ledgers) of this Prospectus.
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Swap Replacement Ledger means (a) those amounts received from any replacement Swap Counterparty in consideration of the entry into between the CBC and such replacement Swap Counterparty of a swap transaction to replace any Swap Agreement and
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Examples of Swap Replacement Ledger in a sentence

  • Ledgers The Issuer (or the Issuer Administrator on its behalf) will maintain and administer the Issuer Collection Account with the following Ledgers: the Income Ledger, the Redemption Ledger, the Swap Replacement Ledger, the Participation Ledger and the Deposit Ledger.

  • Transaction PartyRating trigger FitchRating trigger Moody'sConsequence if below rating triggersSection in Base Prospectus GIC ProviderIf rating falls below both F1 (short-term) and A(long-term) If rating falls below Prime-1 (short-term) Replacement gic provider or obtain a guarantee from a financial institution with GIC Provider Required Ratings.Section 17 (Cash flows under 'GIC Accounts and Swap Replacement Ledger').

  • The Administrator undertakes that it will open and maintain in the books of the CBC the following ledgers (the "Ledgers") (i) in respect of amounts received in or withdrawn from the CBC Account: the Revenue Ledger, the Principal Ledger and the Subordinated Loan Interest Deficiency Ledger and (ii) in the event the CBC enters into a Swap Agreement, in respect of the Swap Replacement Amounts received in or withdrawn from the Swap Collateral Account: the Swap Replacement Ledger.

  • Transaction PartyRating trigger FitchRating trigger Moody'sConsequence if below rating triggersSection in Base Prospectus GIC ProviderIf rating falls below both F1 (short-term) and A(long-term) If rating falls below Prime-1 (short-term) Replacement gic provider or obtain a guarantee from a financial institution with GIC Provider Required Ratings.Section 18 (Cashflows under 'GIC Accounts and Swap Replacement Ledger').

  • Ledgers The Issuer (or the Issuer Administrator on its behalf) will maintain and administer the Issuer Collection Account with the following Ledgers: the Income Ledger, the Redemption Ledger, the Swap Replacement Ledger, the Participation Ledger, the Deposit Ledger and the Cash Advance Facility Stand-by Ledger.

  • The CBC shall maintain the Swap Replacement Ledger to which the Swap Replacement Amounts shall be credited.

  • Ledgers The Issuer (or the Issuer Administrator on its behalf) will maintain and administer the Issuer Collection Account with the following Ledgers: the Income Ledger, the Redemption Ledger, the Swap Replacement Ledger, the Deposit Ledger, and the Principal Deficiency Ledger.

  • The CBC shall maintain the Swap Replacement Ledger to which the Swap Replacement Amounts shall be credited if Swaps Agreements are entered into.

  • Transaction Party Rating threshold Fitch Rating threshold Moody'sConsequence if below rating thresholdSection in Base Prospectus GIC Provider If the deposit rating falls below both F1 (short-term) and A- (long-term) If rating falls below Prime-1 (short-term)Replacement gic provider or obtain a guarantee from a financial institution with GIC Provider Required Ratings.Section 17 (Cash flows under 'GIC Accounts and Swap Replacement Ledger').

Related to Swap Replacement Ledger

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Replacement Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • LIBOR Replacement Date has the meaning specified in Section 3.03(c).

  • Interest Rate Hedge Agreement means any swap, cap, collar, forward purchase or similar agreements or arrangements entered into by a Borrower or one of its Affiliates in connection with the Loan Facility for the sole purpose of reducing a Borrower’s exposure to interest rate risk and not for speculative purposes.

  • Collateral Enhancement Obligation means any warrant or equity security, excluding Exchanged Equity Securities, but including without limitation, warrants relating to Mezzanine Obligations and any equity security received upon conversion or exchange of, or exercise of an option under, or otherwise in respect of a Collateral Debt Obligation; or any warrant or equity security purchased as part of a unit with a Collateral Debt Obligation (but in all cases, excluding, for the avoidance of doubt, the Collateral Debt Obligation), in each case, the acquisition of which will not result in the imposition of any present or future, actual or contingent liabilities or obligations on the Issuer other than those which may arise at its option; provided that no Collateral Enhancement Obligation may be a Dutch Ineligible Security.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Swap Provider means any Person that, at the time it enters into a Swap Agreement is a Lender or an Affiliate of a Lender, in its capacity as a party to such Swap Agreement.

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Benchmark Replacement Date means the earliest to occur of the following events with respect to the then-current Benchmark:

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Interest Hedge Agreement means an interest rate protection agreement that may be entered into between the Borrower and an Interest Hedge Counterparty on or after the Closing Date, for the sole purpose of hedging interest rate risk between the portfolio of Collateral Loans and the Loans, as amended from time to time in accordance with the terms thereof, with respect to which the Rating Condition is satisfied.

  • Secured Swap Provider means (i) a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate Contract) who has entered into a Secured Rate Contract with Borrower, or (ii) a Person with whom Borrower has entered into a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, and any assignee thereof.

  • Interest Rate Hedging Agreement means any interest rate protection agreement or other interest rate hedging arrangement.

  • Interest Swap and Hedging Obligation means any obligation of any Person pursuant to any interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate exchange agreement, currency exchange agreement or any other agreement or arrangement designed to protect against fluctuations in interest rates or currency values, including, without limitation, any arrangement whereby, directly or indirectly, such Person is entitled to receive from time to time periodic payments calculated by applying either a fixed or floating rate of interest on a stated notional amount in exchange for periodic payments made by such Person calculated by applying a fixed or floating rate of interest on the same notional amount.

  • Eligible Counterparty means any bank or financial institution (which for these purposes shall include any leading dealer or broker in commodity and commodity index swap transactions) incorporated, domiciled and regulated in an OECD country with a rating equal to the Eligible Counterparty Threshold Rating or higher (or the equivalent rating from any other Rating Agency) or having the benefit of an enforceable guarantee from an Affiliate with a rating equal to the Eligible Counterparty Threshold Rating or higher (or the equivalent rating from any other Rating Agency).

  • Fixed Swap Payment With respect to any Distribution Date, a fixed amount equal to the related amount set forth in the Interest Rate Swap Agreement.

  • Interest Swap Obligations means the obligations of any Person pursuant to any arrangement with any other Person, whereby, directly or indirectly, such Person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount in exchange for periodic payments made by such other Person calculated by applying a fixed or a floating rate of interest on the same notional amount and shall include, without limitation, interest rate swaps, caps, floors, collars and similar agreements.

  • Swap Providers means, collectively, the Asset Swap Providers, the Liability Swap Providers and the providers of any other swap agreements entered into in connection with the Programme;

  • Servicer Replacement Event means any one or more of the following that shall have occurred and be continuing:

  • Net Hedging Obligations means, as of any date, the Termination Value of any such Hedging Agreement on such date.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Qualifying Replacement Capital Covenant has the meaning specified in the Replacement Capital Covenant.