Swap Termination Event means a "Swap Termination Event" or similar term as provided in the Swap Agreement.

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 relevant Swap Counterparty, as applicable, under the relevant Swap Agreement for any reason other than where such Early Termination Date is designated or deemed to have been designated as a result of the occurrence of an Early Redemption Event in respect of the Notes pursuant to Conditions 7(b), 7(c), 7(d)(ii), 7(d)(iii) or 12.

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).

Examples of Swap Termination Event in a sentence

On the Note Transfer Date preceding each Payment Date from and after the occurrence and during the continuance of a Swap Termination Event, the Servicer shall determine the excess, if any (the “Class B Interest Shortfall”), of (x) the Class B Monthly Interest for such Payment Date over (y) the aggregate amount of funds allocated and available to pay such Class B Monthly Interest on such Payment Date pursuant to Section 4.08(c).
On the Note Transfer Date preceding each Payment Date from and after the occurrence and during the continuance of a Swap Termination Event, the Servicer shall determine the excess, if any (the “Class C Interest Shortfall”), of (x) the Class C Monthly Interest for such Payment Date pursuant to Section 4.08(c) over (y) the aggregate amount of funds allocated and available to pay such Class C Monthly Interest on such Payment Date.

More Definitions of Swap Termination Event

Swap Termination Event means [______________].]

Swap Termination Event means (i) certain events of insolvency or 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. Any "Termination Event" as defined in the 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.]

Swap Termination Event means any event defined as a “Swap Termination Event” in the Interest Rate Swap Agreement.