Deutscher Rahmenvertrag definition
Deutscher Rahmenvertrag means the Master Agreement for Financial Derivatives Transactions (“Rahmenvertrag für Finanztermingeschäfte”) made or to be made between the Borrowers and the Swap Bank and includes all Transactions from time to time entered into by the Borrowers for the purpose of hedging the Borrowers’ exposure under this Agreement to fluctuations in LIBOR arising from the funding of the Loan (or any part thereof) and Confirmations from time to time exchanged thereunder;
Examples of Deutscher Rahmenvertrag in a sentence
If the Borrowers wish to enter into any interest rate swaps in respect of the Loan or any part thereof, they must, provided that the Swap Bank is offering competitive rate and provided that the Lenders agree, do so with the Swap Bank under the Deutscher Rahmenvertrag.