Interest Protection Agreement definition

Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness.
Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness permitted to be incurred under this Indenture.
Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness permitted to be incurred under this Indenture. For the avoidance of doubt, any Permitted Convertible Indebtedness Call Transaction will not constitute an Interest Protection Agreement.

Examples of Interest Protection Agreement in a sentence

  • The terms of the Proprietary Interest Protection Agreement attached hereto as Exhibit A shall be integral to this Retention Agreement and shall survive the termination of this Retention Agreement.

  • The payment of severance is also contingent on the Executive’s compliance with the restrictive covenants set forth in the Proprietary Interest Protection Agreement attached hereto as Exhibit A, including, without limitation, the confidentiality, non-competition and non-solicitation covenants and the covenant regarding the disclosure and assignment to the Company of all rights, title and interest in intellectual property.

  • For purposes of this Agreement, the term "Lender" shall ------ include any Affiliate of any Lender which has entered into an Interest Protection Agreement with the Borrower pursuant to the Credit Agreement with respect to the obligations thereunder.

  • Prior to the Effective Date, you must execute a Proprietary Interest Protection Agreement.

  • You have certain post-employment obligations set forth in the Proprietary Interest Protection Agreement that you previously signed.


More Definitions of Interest Protection Agreement

Interest Protection Agreement means, for any Person, an interest rate swap, cap or collar agreement or similar arrangement between such Person and one or more financial institutions providing for the transfer or mitigation of interest risks either generally or under specific contingencies. For purposes hereof, the “credit exposureat any time of any Person under an Interest Rate Protection Agreement to which such Person is a party shall be determined at such time in accordance with the standard methods of calculating credit exposure under similar arrangements as prescribed from time to time by the Trustee, taking into account potential interest rate movements and the respective termination provisions and notional principal amount and term of such Interest Rate Protection Agreement.
Interest Protection Agreement any interest rate protection ----------------------------- agreement or interest rate future, option, cap, collar or other hedging arrangement.
Interest Protection Agreement means an interest rate swap or other interest rate protection agreement or interest rate future, option, cap, collar or other hedging arrangement.
Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness permitted to be incurred under this Indenture. “Investments” of any Person means (i) all investments by such Person in any other Person in the form of loans, advances or capital contributions, (ii) all guarantees of Indebtedness or other obligations of any other Person by such person, (iii) all purchases (or other acquisitions for consideration) by such Person of Indebtedness, Capital Stock or other securities of any other Person and (iv) all other items that would be classified as investments in any other Person (including, without limitation, purchases of assets outside the ordinary course of business) on a balance sheet of such Person prepared in accordance with GAAP.
Interest Protection Agreement means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect a person or any of its subsidiaries against fluctuations in interest rates with respect to Indebtedness permitted to be incurred hereunder and not for speculative purposes.