Yield Maintenance Agreement definition
Yield Maintenance Agreement. The yield mainte▇▇▇▇▇ agreement between the Securities Administrator, on behalf of the Trust, and the Counterparty, which will be primarily for the benefit of the Class 1-A-20 Certificates, substantially in the form attached hereto as Exhibit P. 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. Any of the Class 1-▇-▇ Yield Maintenance Agreement or the Overcollateralized Yield Maintenance 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 Yield Maintenance Agreement shall be part of the Trust Fund but not part of any REMIC.
On the Closing Date, the Trustee shall enter into the Yield Maintenance Agreement, on behalf of the Trust, with the Counterparty.
The Trustee shall demand payment of all money payable by the Yield Maintenance Agreement Provider 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.
More Definitions of Yield Maintenance Agreement
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.
Yield Maintenance Agreement. The Subgroup 1 Yield Maintenance Agreement, Subgroup 2 Yield Maintenance Agreement and the Subordinate Yield Maintenance Agreement, as applicable.
Yield Maintenance Agreement. The agreement, dated as of the Closing Date, between the Trustee and the Yield Maintenance Agreement Provider, relating to the Class A-4 Certificates, or any replacement, substitute, collateral or other arrangement in lieu thereto.
Yield Maintenance Agreement. Each of the two transactions evidenced by the confirmation dated June 30, 2005 together with any other related documents thereto, between the Yield Maintenance Provider and the Trustee, on behalf of the Trust. The Yield Maintenance Agreements will be for the benefit of (i) the Class 1-A-1A and Class 1-A-1B Certificates and (ii) the Class 2-A-1A, Class 2-A-1B and Class 2-A-1C Certificates.
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. The confirmation, dated as of the Closing Date, between the Trustee, on behalf of the Trust Fund, and the Yield Maintenance Agreement Provider, relating to the Class A Certificates and Class M Certificates or any replacement, substitute, collateral or other arrangement in lieu thereof.
Yield Maintenance Agreement means the Yield Maintenance Agreement dated o, among the Servicer, the Seller [, third party] and the Trustee, pursuant to which Additional Yield Maintenance Amounts are to be deposited in the Yield Maintenance Account on each Distribution Date.