Class C Swap definition

Class C Swap means an interest rate swap agreement with respect to the Class C Notes between the Trust and the Class C Counterparty substantially in the form of Exhibit C-3 to this Indenture Supplement, or such other form as shall have satisfied the Rating Agency Condition.
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Class C Swap means, an interest rate swap agreement, with respect to the Class C Notes between the Trust and the Class C Counterparty substantially in the form of Exhibit D-4 to this Indenture Supplement, or other form as shall have satisfied the Rating Agency Condition.
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Class C Swap means an interest rate swap agreement with respect to the Class C Notes between the Trust and the Class C Counterparty substantially in the form of EXHIBIT E-3 to this Indenture Supplement, or such other form as shall have satisfied the Rating Agency Condition.
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Examples of Class C Swap in a sentence

  • The aggregate notional amount under the Class C Swap shall, at any time, be equal to the Class C Note Principal Balance.

  • The only Transaction that will be governed by the terms of this Agreement will be the Class C Swap (as defined in the Indenture Supplement) as documented in the Confirmation, dated as of the date hereof.

  • Reference to “Transactions” or “Transaction” shall be deemed to be reference to the Class C Swap.

  • In the event that any Counterparty is required to post collateral pursuant to the Class A Swap, Class B Swap or Class C Swap, the Issuer shall establish a Swap Collateral Account, which shall be an Eligible Deposit Account.

  • In the event that any Counterparty is required to post collateral pursuant to the Class A Swap or Class C Swap, the Issuer shall establish a Swap Collateral Account, which shall be an Eligible Deposit Account.

  • Class C Swap Copyright ® 2002 by lnternational Swaps and Derivative Association, Inc.

  • References in the Agreement to “Transactions” or “Transaction” shall be deemed to be references to the Class C Swap.

  • Class A Swap Termination Payments will rank pari passu with interest payments on the Class B Notes, Class B Swap Termination Payments will rank pari passu with interest payments on the Class A Notes, and Class C Swap Termination Payments will rank pari passu with interest payments on the Class C Notes, as set forth in Section 8.2 hereof and Section 4.6 of the Sale and Servicing Agreement.

  • Notwithstanding anything to the contrary in this Agreement: This Agreement shall only govern Class C Swap (as defined in the Indenture Supplement) Confirmation dated as of the date hereof.

  • In the event that any Counterparty is required to post collateral pursuant to the Class A-1 Swap or Class C Swap, the Issuer shall establish a Swap Collateral Account, which shall be an Eligible Deposit Account.


More Definitions of Class C Swap

Class C Swap means the swap agreement entered into between the Issuer and the Swap Counterparty with respect to the Class C Notes in order to hedge the fixed-floating rate exposure arising from Interest Payments being calculated at a fixed interest rate while Class C Coupon Payments are calculated at six-month EURIBOR plus a margin.
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Related to Class C Swap

  • Class A-2, Class X-1," "Class X-2," "Class B," "Class C," "Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class C Class D," "Class E," "Class F," "Class G," "Class H," "Class J," "Class K," "Class L," "Class M," "Class N," "Class O," "Class R-I," "Class R-II" and "Class R-III" respectively, on the face thereof, in substantially the form attached hereto as Exhibits.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A has the meaning set forth in Section 5.1.C.

  • Class C Shares means shares of the Class C Common Stock.