Interest Rate Hedge Transaction definition

Interest Rate Hedge Transaction means each interest rate protection transaction, which may be an interest rate swap transaction or an interest rate cap or an interest rate floor transaction, entered into under an 1992 ISDA Master Agreement (Multicurrency-Cross Border) or 2002 ISDA Master Agreement (or such other ISDA pro forma master agreement as may be published by ISDA from time to time) (together with the schedule relating thereto, the applicable confirmation including any guarantee thereof and any credit support annex entered into pursuant to the terms thereof, and each as amended or supplemented from time to time, an “Interest Rate Hedge Agreement”), which is entered into between the Issuer and an Interest Rate Hedge Counterparty.

Interest Rate Hedge Transaction means an interest rate hedge transaction entered into under an Interest Rate Hedge Agreement.

Interest Rate Hedge Transaction mean an agreement made between the Borrower and a Lender for the purpose of hedging interest rate risk, including an interest rate exchange agreements (commonly known as an “interest rate swap”) or a forward rate agreement.

Examples of Interest Rate Hedge Transaction in a sentence

• Any such termination in the case of an Interest Rate Hedge Transaction would result in the Issuer’s exposure to interest rate exposure increasing, and may result in the Issuer being required to pay a termination amount to the relevant Hedge Counterparty.

• The Issuer will depend on each Interest Rate Hedge Counterparty to perform its obligations under any Interest Rate Hedge Transaction to which it is party.

• Any such termination in the case of an Interest Rate Hedge Transaction would result in the Issuer's exposure to interest rate exposure increasing, and may result in the Issuer being required to pay a termination amount to the relevant Hedge Counterparty.

• However, the Issuer will depend on each Interest Rate Hedge Counterparty to perform its obligations under any Interest Rate Hedge Transaction to which it is a party and if any Interest Rate Hedge Counterparty defaults or becomes unable to perform due to insolvency or otherwise, the Issuer may not receive payments it would otherwise be entitled to from such Interest Rate Hedge Counterparty to cover its interest rate risk exposure.

• Any such termination in the case of an Interest Rate Hedge Transaction would result in the Issuer's exposure to interest rate exposure increasing, and may result in the Issuer being required to pay a termination amount to the relevant Interest Rate Hedge Counterparty.

More Definitions of Interest Rate Hedge Transaction

Interest Rate Hedge Transaction means each interest rate protection transaction entered into under an Interest Rate Hedge Agreement which may be an interest rate swap, an interest rate cap or an interest rate floor transaction.

Interest Rate Hedge Transaction means each interest rate cap transaction or comparable derivative arrangements, in each case, as the Administrative Agent may approve in its discretion between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 5.2(a) and is governed by an Hedging Agreement.

Interest Rate Hedge Transaction. Each interest rate hedge transaction between the Borrower and a Hedge Counterparty under a Hedging Agreement, including, for the avoidance of doubt, any interest rate swap and interest rate cap.

Interest Rate Hedge Transaction means each interest rate protection transaction entered into by the Issuer pursuant to an Interest Rate Hedge Agreement;

Interest Rate Hedge Transaction means each interest rate swap transaction entered into pursuant to an Interest Rate Hedge Agreement;

Interest Rate Hedge Transaction. Each interest rate hedge transaction that is entered into pursuant to Section 635 of the ICF Indenture and is governed by an Interest Rate Hedge Agreement. Interpool: Interpool, Inc., a Delaware corporation. Interpool Acquisition Transfer Agreement: The Interpool Acquisition Transfer Agreement, dated as of March 1, 2002, between Interpool Acquisition, L.L.C. and Interpool Inc. as amended, supplemented and otherwise modified from time to time in accordance with the terms thereof.

Interest Rate Hedge Transaction. Each interest rate hedge transaction that is entered into pursuant to Section 6.35 of the Indenture and is governed by an Interest Rate Hedge Agreement.