Collar Transaction definition
Examples of Collar Transaction 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 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.
Each party has entered into this Rate Collar Transaction solely in reliance on its own judgment.
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.
The Counterparty was directed to enter into the Rate Collar Transaction and is acting not in its individual capability but solely as Securities Administrator.
The Counterparty was directed to enter into the Rate Collar Transaction and is acting not in its individual capacity but solely as Securities Administrator.
The particular Interest Rate Transaction to which this Confirmation relates is a Rate Collar Transaction, the terms of which are set forth below.
Borrower has requested that Lender make a term loan to it in the principal amount not exceeding the Commitment (as hereinafter defined), linked together with the Collar Transaction (as hereinafter defined), and Lender is prepared to do so upon the terms and subject to the conditions set forth in this Agreement.
The Funded Collar Transaction entered into between the Remaining Party and the Transferor with a Trade Date of September 2, 2014, evidenced by a Confirmation dated September 2, 2014 as amended on December 1, 2014 and November 22, 2016.