Examples of Swap Collateral in a sentence
The Issuer shall possess all title documents to, other evidence of ownership of all funds from time to time on deposit in, and all investments and their proceeds which are credited to, the Swap Collateral Account.
The Servicer shall establish a segregated Eligible Deposit Account in the name of the Issuer as the “ Swap Collateral Account” in respect of the Swap Agreement.
If a substitute the Swap Collateral Account is established, this Series 202●-● Purchase Agreement shall be deemed to be amended to include the relevant information for such substitute the Swap Collateral Account.
The Swap Collateral Account shall be established by the Servicer to hold assets comprising the Credit Support Balance of the Swap Counterparty.
The Issuer may from time to time open additional or replacement accounts (pursuant to the Account Bank Agreement and the Transaction Documents), together with the Transaction Account and the Swap Collateral Account, the "Issuer Accounts".