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.
1 EXHIBIT (99)iii. INTEREST RATE EXCHANGE AGREEMENT At September 30, 1995, the Company had an interest rate exchange agreement outstanding in the notional amount of $17,000,000. Under the terms of the agreement, the Company's obligation is determined...Interest Rate Exchange Agreement • November 13th, 1995 • D&n Financial Corp • Savings institution, federally chartered
