Swap Termination Event means that an Early Termination Date in respect of all outstanding Swap Transactions has been designated or deemed to have been designated by the Issuer or the Swap Counterparty, as applicable, under the Swap Agreement for any reason other than as a result of the occurrence of an Early Redemption Trigger Date in respect of the Notes other than pursuant to Master Condition 8(f) (Redemption for Termination of Swap Agreement).
Swap Termination Event means (i) certain events of insolvency of bankruptcy of the Issuer or the Swap Counterparty as specified in the Interest Rate Swap Agreement; (ii) any Event of Default under the Indenture that results in the acceleration of the Notes or involving an uncured payment default; (iii) the Issuer or Swap Counterparty becomes subject to registration as an "investment company" under the Investment Company Act of 1940; and (iv) certain standard termination events under the 1992 ISDA Master Agreement as specified in the Interest Rate Swap Agreement including "Illegality," "Tax Event" and "Tax Event Upon Merger," each as more fully described in Sections 5(b)(i), 5(b)(ii) and 5(b)(iii) of the 1992 ISDA Master Agreement.
Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]
Examples of Swap Termination Event in a sentence
Until it has received express written notice to the contrary, the Trustee may assume that no Swap Termination Event has occurred.
For the avoidance of doubt, the Trustee shall not be required to monitor whether any Swap Termination Event has occurred and shall have no obligation, responsibility or liability for giving or not giving any notice thereof to the Issuer.
More Definitions of Swap Termination Event
Swap Termination Event means the Swap Agreement has terminated and the Issuer is unable to enter into a replacement swap agreement pursuant to Section 4.19(a).
Swap Termination Event means [______________].]
Swap Termination Event means any event defined as a “Swap Termination Event” in the Interest Rate Swap Agreement.
Swap Termination Event. A default by the Swap Counterparty of its obligations under the Market Value Swap and the failure of the Swap Guarantor to honor the obligations of the Swap Counterparty under the Swap Guarantee.
Swap Termination Event means a "Swap Termination Event" or similar term as provided in the Swap Agreement.
Swap Termination Event. A default by the Swap Counterparty of its obligations under the Swap Agreement.
Swap Termination Event means, for a Series, that either: