Interest Rate Protection Agreement. The term "INTEREST RATE PROTECTION AGREEMENT" means, with respect to any referenced PERSON, an interest rate swap, hedge, cap or collar agreement or similar arrangement between such PERSON and one or more financial institutions providing for the transfer or mitigation of interest risks either generally or under specific contingencies.
Appears in 3 contracts
Samples: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Accom Inc), Loan and Security Agreement (Ea Engineering Science & Technology Inc)
Interest Rate Protection Agreement. The term "βINTEREST RATE PROTECTION AGREEMENT" β means, with respect to any referenced PERSON, an interest rate swap, hedge, cap or collar agreement or similar arrangement between such PERSON and one or more financial institutions providing for the transfer or mitigation of interest risks either generally or under specific contingencies.
Appears in 2 contracts
Samples: Loan and Security Agreement (Avatech Solutions Inc), Loan and Security Agreement (Avatech Solutions Inc)
Interest Rate Protection Agreement. The term "INTEREST RATE PROTECTION AGREEMENT" AGREEMENT means, with respect to for any referenced PERSON, an interest rate swap, hedge, cap or collar agreement or similar arrangement and documentation between such PERSON and one or more financial institutions providing for the transfer or mitigation of interest risks either generally or under specific contingencies.
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