Examples of Currency Swap Provider in a sentence
National Australia Bank Limited (“NAB”) will act as the Currency Swap Provider.
Indexed Currency Swap Providers: The Issuer may enter into indexed currency swaps (each anIndexed Currency Swap) from time to time with third party counterparties (each, an Indexed Currency Swap Provider) in order to hedge currency risks arising from (a) Covered Bonds which are issued in currencies other than ISK and (b) assets which are registered to the Cover Pool and are denominated in ISK and inflation linked.
On the termination of a Currency Swap, a termination payment will be due either from Liberty Funding to the Currency Swap Provider or vice versa.
Liberty Funding has entered into an ISDA Master Agreement (“Class A1c Currency Swap Agreement”) with the Manager and the Currency Swap Provider together with a schedule, credit support annexes and confirmation in respect of the Class A1c Notes (such confirmation, the “Currency Swap”).
Rights on cessation of employment by reason of ill-health or retirement If the grantee of an Option is an employee and ceases to be an employee by reason of ill-health or retirement in accordance with his or her contract of employment, he or she may exercise the Option (to the extent not already exercised) within a period of six months following the date of such cessation, failing which it will lapse.