Common Contracts
1 similar Interest Rate Exchange Agreement contracts
Interest Rate Exchange Agreement PolicyInterest Rate Exchange Agreement • December 12th, 2017
This policy governs the use by Fuller Road Management Corporation (“FRMC”) of Interest Rate Exchange Agreements. “Interest Rate Exchange Agreement” (“IREA”), “swap” or “derivative” shall mean a written contract between FRMC and a counterparty, entered into in connection with the issuance of FRMC debt or in connection with FRMC debt already outstanding, to provide for an exchange of payments based upon fixed and/or variable interest rates. The failure by FRMC to comply with any provision of this policy will not invalidate or impair any Interest Rate Exchange Agreement.
