Interest Rate Swaps definition

Interest Rate Swaps means the interest rate swap agreements, if any, including all schedules and confirmations related thereto, between the Trust and the Swap Counterparty, if any, in effect on the Closing Date (as may be amended, supplemented, replaced or otherwise modified and in effect from time to time).

Interest Rate Swaps means the interest rate swaps entered into under the terms of the Interest Rate Swap Agreement;

Interest Rate Swaps means the exchange by the Trust with another party of their respective commitments to pay or receive interest, e.g., an exchange of fixed rate payments for floating rate payments.

Examples of Interest Rate Swaps in a sentence

• Notwithstanding the foregoing, the Servicer shall not be permitted to exercise such option unless the amount to be deposited in the Collection Account pursuant to the preceding sentence is greater than or equal to the sum of the Outstanding Amount of the Notes, all accrued but unpaid interest (including any overdue interest and premium) thereon and all amounts owing to the Swap Counterparty under the Interest Rate Swaps, if any.

• The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes and the Interest Rate Swaps, if any, equally and ratably without prejudice, priority or distinction, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture.

• All such deposits with respect to a Monthly Period shall be made in immediately available funds on or before the Distribution Date related to such Monthly Period (or, to the extent such funds are necessary to make payments due, if any, under any Interest Rate Swaps for the related Monthly Period, on or before the Business Day preceding the Distribution Date).

• Interest Rate Swaps, Mortgage Swaps, Credit Swaps, Currency Swaps, Total Return Swaps, Options on Swaps and Interest Rate Caps, Floors and Collars.

• The Servicer may obtain Interest Rate Swaps in a form approved by the Servicer to be entered into by the Trustee not in its personal capacity but solely for the benefit of the Investor Certificateholders; provided that the sum of the Swap Notional Amounts for such Interest Rate Swaps shall not exceed the Class A and Class B Invested Amount for this Series and the Swap Rate shall not exceed the maximum Swap Rate set forth in the Series Term Sheet.

More Definitions of Interest Rate Swaps

Interest Rate Swaps means, collectively, each interest rate swap entered into before the Petition Date by Seadrill Limited or NADL.

Interest Rate Swaps means the Class A-2b Interest Rate Swap, the Class A-3b Interest Rate Swap and the Class A-4b Interest Rate Swap.

Interest Rate Swaps means the interest rate swap transactions between Holdings and Bank of America, N.A. (Reference No. 148487) for a notional amount of $25,000,000 and the interest rate swap transactions between Holdings and First Union National Bank (n/k/a Wachovia National Bank, N.A. (Reference No. 135835/195600) for a notional amount of $25,000,000.

Interest Rate Swaps. Swap Contracts entered into for the purpose of protecting any Obligor or Restricted Subsidiary from fluctuations in interest rates and not for speculative purposes.

Interest Rate Swaps means plain vanilla interest rate swaps with counterparties that are rated at least Aa3 by Moody's and AA- by S&P which are documented on ISDA documentation (as appropriately modified to comply with applicable provisions of the Investment Company Act and as is customary in the fund industry), use commercially reasonable terms consistent with market practice, require delivery of collateral pursuant to a credit support annex with threshold amounts no greater than $10,000,000, provide for termination at market or assignment at market upon counterparty downgrade below Aa3 or AA-, and are a swap of a fixed rate for LIBOR in respect of a constant notional amount, regardless of whether the Fund is the payor of the fixed rate or the floating rate.

Interest Rate Swaps means a contractual agreement wherein two (2) parties agree to exchange ("Swap") certain cash flows for a defined period of time and is an approved financing device that the Port is authorized by this Agreement to utilize, in its discretion, in order to manage Airport debt.

Interest Rate Swaps means the financial arrangements entered into with a Canadian Chartered Bank to fix the interest rate on $53.0 million of the Company’s Term Facility at 3.64% to October 28, 2019 and to fix the interest rate on the Company’s