Swap Obligation definition: Copy, customize, and use instantly
Introduction
The term "Swap Obligation" refers to the contractual duties or responsibilities arising from a swap agreement between parties, typically in the context of financial transactions such as interest rate swaps, currency swaps, or commodity swaps. It outlines the payment, delivery, or performance obligations that one or more parties must fulfill during the life of the swap agreement.
Below are various examples of how "Swap Obligation" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Swap Obligation" as a financial duty
This definition ties "Swap Obligation" to the financial duties owed in a swap agreement.
"Swap Obligation" refers to the payment or performance obligations of the parties involved in the swap agreement, including the exchange of cash flows, assets, or financial instruments based on agreed terms.
Definition of "Swap Obligation" as a contractual responsibility
This definition connects "Swap Obligation" to contractual duties between parties.
"Swap Obligation" means the duty of a party to make payments or fulfill other responsibilities specified under the terms of a swap agreement, including interest payments or principal exchanges.
Definition of "Swap Obligation" as a payment responsibility
This definition links "Swap Obligation" to payment-related responsibilities in swaps.
"Swap Obligation" refers to the obligation to make scheduled payments or settle liabilities arising from a swap agreement between two or more parties.
Definition of "Swap Obligation" as a collateral requirement
This definition ties "Swap Obligation" to collateral provided under a swap agreement.
"Swap Obligation" refers to the obligation to deliver collateral, as specified in the swap agreement, in order to secure the performance or settlement of the swap.
Definition of "Swap Obligation" as a counterparty duty
This definition connects "Swap Obligation" to the duties of a counterparty.
"Swap Obligation" means the obligation of one counterparty to fulfill its payment or performance duties under a swap agreement, including delivering agreed-upon amounts of money, securities, or other assets.
Definition of "Swap Obligation" as a net payment requirement
This definition links "Swap Obligation" to net payment terms.
"Swap Obligation" refers to the net payment obligation of the parties to a swap agreement, calculated based on the difference between the fixed and floating rates in the contract.
Definition of "Swap Obligation" as a performance guarantee
This definition ties "Swap Obligation" to the guarantee of performance in a swap.
"Swap Obligation" means the requirement for a party to ensure the timely execution of payments, exchanges, or other obligations under the terms of the swap contract.
Definition of "Swap Obligation" as an exchange of assets
This definition connects "Swap Obligation" to the exchange of assets in a swap agreement.
"Swap Obligation" refers to the duty of one party to deliver or exchange assets, securities, or financial instruments as per the terms outlined in the swap agreement.
Definition of "Swap Obligation" as a settlement responsibility
This definition links "Swap Obligation" to the settlement of swap agreements.
"Swap Obligation" refers to the responsibility of a party to settle all amounts due under the swap agreement on the specified settlement date, including the payment of cash or transfer of assets.
Definition of "Swap Obligation" as a financial settlement
This definition ties "Swap Obligation" to the settlement of financial positions.
"Swap Obligation" means the financial responsibility of one or more parties to pay or settle amounts resulting from the netting of swap-related positions.
Definition of "Swap Obligation" as an outstanding duty
This definition connects "Swap Obligation" to an ongoing duty in a swap agreement.
"Swap Obligation" refers to any remaining financial or contractual duty, including payments, transfers, or exchanges, owed by one party under the terms of the swap agreement.
Definition of "Swap Obligation" as a risk management tool
This definition links "Swap Obligation" to the management of financial risk.
"Swap Obligation" refers to the contractual commitment to manage and mitigate risk through the performance of payments or other financial instruments under a swap agreement.
Definition of "Swap Obligation" as a hedge against market fluctuations
This definition ties "Swap Obligation" to hedging against financial market changes.
"Swap Obligation" means the obligation of one party to perform certain financial actions, such as paying or receiving cash flows, in order to hedge against fluctuations in market conditions, interest rates, or commodity prices.
Definition of "Swap Obligation" as a fixed-rate payment
This definition connects "Swap Obligation" to fixed-rate payment structures.
"Swap Obligation" refers to the duty to make fixed-rate payments as part of a swap agreement, typically in exchange for floating-rate payments made by the counterparty.
Definition of "Swap Obligation" as a floating-rate exchange
This definition links "Swap Obligation" to floating-rate payment exchanges.
"Swap Obligation" refers to the duty of one party to make floating-rate payments, typically in exchange for fixed-rate payments or other financial instruments under the terms of the swap agreement.
Definition of "Swap Obligation" as a termination payment
This definition ties "Swap Obligation" to payments due upon termination.
"Swap Obligation" means any payment, fee, or financial responsibility due upon the early termination or unwinding of a swap agreement, as stipulated in the terms of the contract.
Definition of "Swap Obligation" as a margin requirement
This definition connects "Swap Obligation" to margin or collateral requirements.
"Swap Obligation" refers to the duty to provide margin or collateral as specified under the terms of the swap agreement, ensuring performance of financial duties or obligations.
Definition of "Swap Obligation" as an exposure limit
This definition links "Swap Obligation" to exposure limits in the agreement.
"Swap Obligation" means the exposure limit or maximum financial liability a party may incur in the performance of obligations under the swap agreement.
Definition of "Swap Obligation" as a default remedy
This definition ties "Swap Obligation" to remedies in the event of default.
"Swap Obligation" refers to the duty to fulfill payment or performance obligations under a swap agreement, with failure to meet this obligation triggering default remedies specified in the contract.
Definition of "Swap Obligation" as a negotiated settlement
This definition connects "Swap Obligation" to negotiated settlement terms.
"Swap Obligation" means the financial or contractual responsibilities of the parties to reach a negotiated settlement of amounts owed under the swap agreement.
Definition of "Swap Obligation" as a netting responsibility
This definition links "Swap Obligation" to netting arrangements.
"Swap Obligation" refers to the netting of payments, exchanges, or settlements that a party is obligated to fulfill as part of the overall swap agreement.
Definition of "Swap Obligation" as a future payment
This definition ties "Swap Obligation" to future payment terms.
"Swap Obligation" means the future payment duties a party owes under the terms of the swap agreement, including scheduled periodic payments.
Definition of "Swap Obligation" as a transaction fee
This definition connects "Swap Obligation" to associated transaction fees.
"Swap Obligation" refers to any transaction fees or costs associated with executing, maintaining, or terminating the swap agreement.
Definition of "Swap Obligation" as a variable exchange
This definition links "Swap Obligation" to variable exchange obligations.
"Swap Obligation" refers to the duty to exchange variable amounts, including floating rates or commodities, as agreed upon in the swap agreement.
Definition of "Swap Obligation" as a scheduled transfer
This definition ties "Swap Obligation" to scheduled asset transfers.
"Swap Obligation" refers to any scheduled transfer or exchange of assets, payments, or other financial obligations required under the terms of the swap agreement.
Definition of "Swap Obligation" as a structured payment
This definition connects "Swap Obligation" to a structured payment schedule.
"Swap Obligation" refers to the structured payment obligations arising from a swap agreement, including the timing and amount of required payments or exchanges.
Definition of "Swap Obligation" as a hedging commitment
This definition links "Swap Obligation" to a commitment for hedging purposes.
"Swap Obligation" means the commitment to perform financial actions, including payments or exchanges, designed to hedge against risk or exposure under the swap agreement.
Definition of "Swap Obligation" as a financial derivative
This definition ties "Swap Obligation" to its nature as a financial derivative.
"Swap Obligation" refers to the obligations arising from the execution or settlement of a financial derivative, including swaps used to manage interest rate, currency, or commodity exposure.
Definition of "Swap Obligation" as a financial commitment
This definition ties "Swap Obligation" to a financial commitment within a swap agreement.
"Swap Obligation" refers to the responsibility of a party to make payments or fulfill other financial duties as outlined in a swap agreement, including interest or principal payments.
Definition of "Swap Obligation" as an agreement term
This definition connects "Swap Obligation" to its role in the terms of an agreement.
"Swap Obligation" refers to the contractual obligation of a party to fulfill its side of the financial arrangement, such as exchanging cash flows based on agreed-upon parameters.
Definition of "Swap Obligation" as a debt instrument
This definition links "Swap Obligation" to a debt-related context.
"Swap Obligation" refers to the legal duty of a party to honor its debt-related commitments in a swap contract, which may include making scheduled payments or adjustments based on prevailing market conditions.
Definition of "Swap Obligation" as a payment duty
This definition ties "Swap Obligation" to the payment responsibilities in a swap.
"Swap Obligation" means the duty of a party to make periodic payments to another party as specified in the terms of a swap contract, based on a designated interest rate or other agreed-upon factors.
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