Common use of Interest Rate Hedge Provider Clause in Contracts

Interest Rate Hedge Provider. Any Eligible Interest Rate Hedge Counterparty to an Interest Rate Hedge Agreement with the Borrower. An Eligible Interest Rate Hedge Counterparty that has entered into an Interest Rate Hedge Agreement but thereafter ceases to meet the criteria set forth in the definition of Eligible Interest Rate Hedge Counterparty shall continue to be an Interest Rate Hedge Provider until it is terminated or replaced under the applicable Interest Rate Hedge Agreement and all amounts owed to such Interest Rate Hedge Provider are paid in full.

Interest Rate Hedge Provider. Any Eligible Interest Rate Hedge Counterparty to an Interest Rate Hedge Agreement with the BorrowerBorrower together with its subrogee. An Eligible Interest Rate Hedge Counterparty that has entered into an Interest Rate Hedge Agreement but thereafter ceases to meet the criteria set forth in the definition of Eligible Interest Rate Hedge Counterparty shall continue to be an Interest Rate Hedge Provider until it is terminated or replaced under the applicable Interest Rate Hedge Agreement and all amounts owed to such Interest Rate Hedge Provider are paid in fullAgreement.