Swap Obligation

Swap Obligation. With respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a "swap" within the meaning of Section 1a(47) of the Commodity Exchange Act

Swap Obligation. Means, any obligation of the Company or any Consolidated Subsidiary to the Bank under any interest rate swap, cap, collar floor, option, forward, or other type of interest rate protection, foreign exchange or derivative transaction, including any other master agreement covering any such transaction, entered into between the Company or any Consolidated Subsidiary and the Bank from time to time, as the same may be amended from time to time. For the purposes of this Collateral Agency and... Intercreditor Agreement, the amount of the obligation under any Swap Obligation at any time shall be the amount determined in respect thereof at such time, based on the assumption that such Swap Obligation had terminated at such time, and in making such determination, if any agreement relating to such Swap Obligation provides for the netting of amounts payable by and to the Company or such Consolidated Subsidiary thereunder or if any such agreement provides for the simultaneous payment of amounts by and to the Company or such Subsidiary, then in each such case, the amount of such obligation shall be the net amount so determined. View More

Swap Obligation. Means, with respect to Borrower or any Credit Support Party, any obligation to pay or perform under any agreement, contract, or transaction that constitutes a "swap" within the meaning of section 1(a)(47) of the Commodity Exchange Act, as amended from time to time, if entered into with Lender or any Lender Affiliate.

Swap Obligation. Means any obligation to pay or perform under any Swap, whether as a party to such Swap or by providing any guarantee of or provision of support for such Swap (and whether or not such obligation is pursuant to a Swap Contract entered into with any Eligible Swap Counterparty).

Swap Obligation. Shall mean, with respect to any person, any obligation to pay or perform under any Swap Agreement.

Swap Obligation. Any obligation to pay or perform under any agreement, contract or transaction that constitutes a Swap which is also a Lender-Provided Interest Rate Hedge or a Lender-Provided Commodity Hedge

Swap Obligation. Any Rate Management Obligation that constitutes a "swap" within the meaning of section 1a(47) of the Commodity Exchange Act, as amended from time to time.