Yield Maintenance Agreement definition

Yield Maintenance Agreement. The yield maintenance agreement between the Trustee, on behalf of the Trust, and the Counterparty, which will be primarily for the benefit of the Class 1-CB-1 Certificates, substantially in the form attached hereto as Exhibit Q. The Yield Maintenance Agreement shall not be an asset of any REMIC formed under this Agreement.
Yield Maintenance Agreement. The interest rate yield maintenance agreement consisting of the ISDA Master Agreement and the Schedule dated as of the Closing Date and the Confirmation thereto, between the Trustee on behalf of the Trust and the Counterparty, as such agreement may be amended and supplemented in accordance with its terms and any replacement interest yield maintenance agreement acceptable to the Depositor and the Trustee.
Yield Maintenance Agreement. The interest rate cap agreement between the Trustee, on behalf of the Trust, and the Yield Maintenance Agreement Provider substantially in the form attached hereto as Exhibit N. The Yield Maintenance Agreement shall not be an asset of any REMIC formed under this Agreement.

Examples of Yield Maintenance Agreement in a sentence

  • The Trustee is hereby authorized and directed to, and agrees that it shall, enter into the Yield Maintenance Agreement on behalf of the Trust Fund.

  • The Trustee shall demand payment of all money payable by the Yield Maintenance Agreement Provider under the Yield Maintenance Agreement.

  • The parties hereto acknowledge that the Yield Maintenance Agreement Provider shall be making all calculations, and determine the amounts to be paid, under the Yield Maintenance Agreement.

  • In addition, on or prior to the Closing Date, the Trustee shall execute the Yield Maintenance Agreement and the Depositor hereby directs the Trustee to do so.

  • There are no shortfalls on amounts that were previously required to be paid under the Yield Maintenance Agreement.


More Definitions of Yield Maintenance Agreement

Yield Maintenance Agreement. Any of the Class A-1-B Yield Maintenance Agreement, the Class A-2-B Yield Maintenance Agreement or the Class A-3-B Yield Maintenance Agreement.
Yield Maintenance Agreement. The interest rate cap agreement for the benefit of the LIBOR Certificates by and between the Yield Maintenance Provider and the Administrator, on behalf of the Yield Maintenance Trust, including the ISDA Master Agreement between the Yield Maintenance Provider and the Administrator, the schedule thereto and the related confirmation (Ref. No. FXNEC9863), dated as of July 31, 2007 attached as Exhibit Y hereto. The Yield Maintenance Agreement shall be an asset of the Yield Maintenance Trust and not of the Trust Fund or any REMIC.
Yield Maintenance Agreement. Each of the two transactions evidenced by the confirmations dated October 29, 2004 together with any other related documents thereto, between the Yield Maintenance Provider and the Securities Administrator. One Yield Maintenance Agreement will be for the benefit of the Class 2-A3, Class 2-A4A and Class 2-A4B Certificates, and one each for the benefit of the Class 3-A2 Certificates.
Yield Maintenance Agreement. Each interest rate cap agreement, by and between the Yield Maintenance Counterparty and the Securities Administrator, on behalf of the Trust, including the ISDA Master Agreement between the Yield Maintenance Counterparty and the Securities Administrator, the schedule thereto and the related confirmations (Ref. No. 6963947.2A and Ref. No. 6963947.2B), each dated as of March 30, 2006.
Yield Maintenance Agreement. Either of the Class A-2 Yield Maintenance Agreement or the Class M Yield Maintenance Agreement.
Yield Maintenance Agreement. The yield maintenance agreement, effective as of December 28, 2005, between the Yield Maintenance Agreement Provider and the Trustee, on behalf of the Trust, which agreement provides for Yield Maintenance Payments and Yield Maintenance Termination Payments to be paid, as provided therein, together with any schedules, confirmations or other agreements relating thereto, attached hereto as Exhibit U.