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Common use of Cap Agreement Clause in Contracts

Cap Agreement. Any Cap Agreement is terminated and a replacement Cap Agreement is not put into place within 30 days of such termination in compliance with the Minimum Hedging Requirements.

Appears in 3 contracts

Sources: Securitisation Agreement (Encore Capital Group Inc), Securitization Agreement (Encore Capital Group Inc), Senior Facility Agreement (Encore Capital Group Inc)

Related Clauses

  • Interest Rate Cap Agreement
  • Swap Agreement
  • Interest Rate Protection Agreement
  • Interest Rate Hedging
  • Interest Rate Protection Agreements

Parent Clauses

  • Time is of the Essence
  • Performance of Obligations
  • Reserved
  • Representations and Warranties
  • Other Certificates

Sub-Clauses

  • Notices
  • Amendment
  • Additional Termination Requirements
  • Severability of Provisions
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