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 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 exposure” at 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.

Examples of Interest Protection Agreement in a sentence

• 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.

• 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.

• 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.

• The Committee, in its sole discretion, may forfeit any outstanding Award on account of a Participant’s violation of the terms of the Proprietary Interest Protection Agreement or similar agreement signed by the Participant which prohibits the Participant’s assignment of intellectual property, transmission of confidential information, competition or solicitation of employees or business.

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

More Definitions of Interest Protection Agreement

Interest Protection Agreement. Investments" "Lien" "Net Cash Proceeds" "Net Income" "Offer Amounts" "Offer Period" "Permitted Indebtedness" "Permitted Joint Venture" "Permitted Liens" "Permitted Payments" "Permitted Working Capital Indebtedness" "Prohibited Investment" "Property" "Purchase Date" "Refinancing Indebtedness" "Restricted Payment"

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 any interest rate protection ----------------------------- agreement or interest rate future, option, cap, collar or other hedging arrangement.

Interest Protection Agreement any interest rate protection agreement or interest rate future, option, cap, collar or other hedging arrangement.

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.

Interest Protection Agreement. Investment Grade", "Lien", "Net Income", "Permitted Indebtedness", "Purchase Money Mortgage", "Rating Agencies", "Rating Category", "Rating Date", "Rating Decline", "Refinancing Indebtedness", "Restricted Payments", "16-3/4% Senior Subordinated Debentures", and "Subsidiary Preferred Stock".