Swap Termination Payments definition

Swap Termination Payments means any payments due to the Swap Counterparty by the Issuing Entity or to the Issuing Entity by the Swap Counterparty, including interest that may accrue thereon, under each Interest Rate Swap Agreement due to a termination of such Interest Rate Swap Agreement due to a Swap Event of Default or a Swap Termination Event under such Interest Rate Swap Agreement.]
Swap Termination Payments shall have the meaning set forth in each Swap Agreement.
Swap Termination Payments means any termination payment due under the terms of the Interest Rate Swap Agreements.]

Examples of Swap Termination Payments in a sentence

  • On any Distribution Date, Swap Termination Payments, Net Swap Payments owed to the Swap Provider and Net Swap Receipts for that Distribution Date will be deposited into the Swap Account.

  • On any Distribution Date, Swap Termination Payments, Net Swap Payments owed to the Swap Provider and Net Swap Receipts for that Distribution Date will be deposited into the Supplemental Interest Trust.

  • On any Distribution Date, Swap Termination Payments, Net Swap Payment Amounts owed to the Swap Provider and Net Swap Receipt Amounts for that Distribution Date will be deposited into the Supplemental Interest Trust.

  • The amount of the currency Swap Payments and the currency Swap Termination Payments, if any, due to the currency Swap Counterparty under the currency Swap Agreement.

  • Section 4.06 Tax Treatment of Net Swap Payments and Swap Termination Payments.


More Definitions of Swap Termination Payments

Swap Termination Payments. Any termination payments payable by the Swap Counterparty to the Trust in connection with the termination of the Swap Contract in accordance with the terms of the Swap Contract.
Swap Termination Payments means the Class A-4b Swap Termination Payment.]
Swap Termination Payments has the meaning assigned to the defined termTermination Payment” in the related Swap Agreement.]
Swap Termination Payments has the meaning set forth in the Swap Agreements.
Swap Termination Payments. Any termination payments other than Senior Swap Termination Payments payable by the Issuing Entity as a result of an Early Termination Date of the Interest Rate Swap relating to the Class A-[ ] Notes or the Class A-[ ] Notes, as applicable.]
Swap Termination Payments means the aggregate amount payable to the Counterparty by the Authority upon termination prior to stated maturity of all or a portion of the Interest Rate Swap Agreement, net of all amounts payable to the Authority by such Counterparty upon early unwind of all or a portion of such Interest Rate Swap Agreement. For the avoidance of doubt, all calculations of such amounts payable under the Interest Rate Swap Agreements shall be made in accordance with the terms of the applicable Interest Rate Swap Agreement.
Swap Termination Payments means an amount (if any) payable by the Borrower in connection with an early termination (whether as a result of the occurrence of an event of default or other termination event) of any Permitted Swap Agreement in accordance with the terms thereof and this Agreement; provided that, for the avoidance of doubt, “Swap Termination Payments shall not include any Ordinary Course Settlement Payments due under such Permitted Swap Agreement except any Ordinary Course Settlement Payments due as a part of such termination payment.