Assignment of Interest Rate Protection Agreement definition

Assignment of Interest Rate Protection Agreement shall have the meaning set forth in Section 2.2.7(a) hereof.
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Assignment of Interest Rate Protection Agreement means, collectively, that (those) certain Assignment(s) of Interest Rate Protection Agreement(s) among Borrower, Agent, for the ratable benefit of the Lenders, and the Counterparty to the Interest Rate Protection Agreement to be entered into pursuant to Section 4.1.15(c), as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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Assignment of Interest Rate Protection Agreement means that certain Assignment of Interest Rate Protection Agreement among Borrower, Agent and the Counterparty to the related Interest Rate Protection Agreement, to be entered into pursuant to Section 4.1.14 of the Building Loan Agreement.
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Examples of Assignment of Interest Rate Protection Agreement in a sentence

  • Lender shall have also received from Borrower fully executed counterparts of this Agreement, the Note, the Collateral Assignment of Interest Rate Protection Agreement and all other Loan Documents.

  • Additionally, Borrower shall collaterally assign to Lender, pursuant to the Collateral Assignment of Interest Rate Protection Agreement, all of its right, title and interest to receive any and all payments under the Interest Rate Protection Agreement, and shall deliver to Lender an executed counterpart of such Interest Rate Protection Agreement (which shall, by its terms, authorize the assignment to Lender and require that payments be deposited directly into the Restricted Account.

  • Contemporaneously with the execution of the Interest Rate Protection Agreement, Borrower shall execute and deliver to Agent the Assignment of Interest Rate Protection Agreement.

  • Borrower and Administrative Agent have duly executed this Collateral Assignment of Interest Rate Protection Agreement on the day and year first written above.

  • If the Debt Service Coverage Ratio (Actual) as of any date falls below the Required Debt Service Coverage Ratio (Actual), the Borrowers shall promptly enter into, or shall cause an Affiliate of the Borrowers approved by the Lender to enter into, an Interest Rate Protection Agreement and shall collaterally assign the Interest Rate Protection Agreement, or cause it to be collaterally assigned, to the Lender pursuant to an Assignment of Interest Rate Protection Agreement.


More Definitions of Assignment of Interest Rate Protection Agreement

Assignment of Interest Rate Protection Agreement means any Assignment of Interest Rate Protection Agreement hereafter required to be executed by Borrower in favor of Lender in accordance with the requirements of Section 2.5 hereof.
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Assignment of Interest Rate Protection Agreement shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.
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Assignment of Interest Rate Protection Agreement means collectively, an Assignment(s) of Interest Rate Protection Agreement in form and substance reasonably satisfactory to Borrower or an Affiliate of Borrower, as applicable, Lender and the related Counterparty to the related Interest Rate Protection Agreement to be entered into pursuant to Section 5.1.25 .
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Assignment of Interest Rate Protection Agreement means that certain Collateral Assignment of Interest Rate Protection Agreement, in form and substance satisfactory to Lender, executed by Borrower, in favor of Lender dated as of even date herewith, and consented to by the “Cap Bank” thereunder.
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Assignment of Interest Rate Protection Agreement means the assignment of Interest Rate Protection Agreement, dated as of the date of the Interest Rate Protection Agreement and reasonably acceptable to the Borrower and the Administrative Agent.
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Assignment of Interest Rate Protection Agreement. An Assignment of Interest Rate Protection Agreement among Borrower, Administrative Agent and the Counterparty, in a form reasonably approved by Administrative Agent.
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Assignment of Interest Rate Protection Agreement as defined in Section 3.1.7. Assignment of Leases and Rents - as defined in Section 3.1.2. Authorized Representatives - as defined in Section 4 and listed on Exhibit A. Bankruptcy Remote Entity - as to the Borrower, such term shall mean that Borrower (i) is a Single Purpose Entity which owns no assets other than the Property and related assets and (ii) has no Indebtedness and in the future will not incur any Indebtedness other than obligations in connection with the Loan and Permitted Additional Debt. Basel III – the global regulatory standards on bank capital adequacy and liquidity referred to by the Basel Committee on Banking Supervision as “Basel III” or the “Basel III Framework” published in December 2010 together with any further guidance or standards in relation to “Basel III” or the “Basel III Framework” published or to be published by said Basel Committee.
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