Collar definition

Collar means an agreement to receive payments as the buyer of an option, cap or floor and to make payments as the seller of a different option, cap or floor.

Collar means an agreement to receive payments as the buyer of an

Collar or other interest rate protection with respect to any Indebtedness.

Examples of Collar in a sentence

• Each party hereby irrevocably waives any and all rights to trial by jury with respect to any legal proceeding arising out of or relating to this letter agreement or the Rate Collar Transaction.

• Neither party has any fiduciary obligation to the other party relating to this Rate Collar Transaction.

• In addition, neither party has held itself out as advising, or has held out any of its employees or agents as having the authority to advise, the other party as to whether or not the other party should enter into this Rate Collar Transaction, any subsequent actions relating to this Rate Collar Transaction or any other matters relating to this Rate Collar Transaction.

• Each party has entered into this Rate Collar Transaction solely in reliance on its own judgment.

• Neither party shall have any responsibility or liability whatsoever in respect of any advice of this nature given, or views expressed, by it or any of such persons to the other party relating to this Rate Collar Transaction, whether or not such advice is given or such views are expressed at the request of the other party.

More Definitions of Collar

Collar means an agreement to receive payments as the buyer of an option, cap, or floor and to

Collar means an agreement to receive payments as the

Collar means an Option transaction involving one Party selling a Call Option to and buying a Put Option from the other Party.

Collar means an agreement, or series of agreements to receive payments as the

Collar means a chain, rope, cord or strap affixed to the chest or around the neck of a domestic animal and does not include a Leash;

Collar means a portion of a building located partly or wholly underground, and having half or more than half of its clear floor-to-ceiling height below the average grade of the adjoining ground.

Collar means two (2) derivatives transactions on the same underlying interest in which the insurer receives payments as the buyer of an option, cap, or floor in one (1) transaction and makes payments as the seller of a different option, cap, or floor in the second transaction.