Interest Rate Hedging Transactions definition
Interest Rate Hedging Transactions means all interest rate swap agreements, interest rate cap agreements, interest rate collar agreements, interest rate insurance and other agreements or arrangements designed to manage interest rates or interest rate risk.
Interest Rate Hedging Transactions means, as to any Person, all ---------------------------------- interest rate swaps, caps or collar agreements or similar arrangements entered into by such Person in order to protect against fluctuations in interest rates or the exchange of nominal interest obligations, either generally or under specific contingencies, and, in any event, not for speculative purposes.
Interest Rate Hedging Transactions has the meaning ascribed to it in the Credit Agreement.
Examples of Interest Rate Hedging Transactions in a sentence
Neither the Borrower nor any Restricted Subsidiary shall engage in any speculative Hedging Transactions except (i) as set forth in the definition of Commodity Hedging Transactions and (ii) Interest Rate Hedging Transactions and Currency Hedging Transactions for the sole purpose of hedging in the normal course of the Permitted Business.
The Administrative Agent and each Institution shall have received evidence that the Borrower has entered into one or more Interest Rate Hedging Transactions in compliance with the provisions of Section 10.21.
More Definitions of Interest Rate Hedging Transactions
Interest Rate Hedging Transactions means, as to any Loan Party, all interest rate swaps, caps or collar agreements or similar arrangements entered into by such Person in order to protect against fluctuations in interest rates or the exchange of nominal interest obligations, either generally or under specific contingencies, and, in any event, not for speculative purposes.
Interest Rate Hedging Transactions means all interest rate swaps, caps or collar agreements or similar arrangements entered into by any Person (a) in order to protect against fluctuations in, or hedge or manage, interest rates or the exchange of nominal interest obligations, either generally or under specific contingencies, and, in any event, not for speculative purposes and (b) with a counterparty who is either (i) a Revolver Lender or an Affiliate of such Revolver Lender, or (ii) such other Person with the prior approval of the Required Lenders, such approval not to be unreasonably withheld or delayed.
Interest Rate Hedging Transactions means, as to any Obligor, all interest rate swaps, caps or collar agreements or similar arrangements entered into by such Person (i) in order to protect against fluctuations in interest rates or the exchange of nominal interest obligations, either generally or under specific contingencies, and, in any event, not for speculative purposes and (ii) either (A) with a counterparty who is also then a Holdings Lender (or an Affiliate thereof), or (B) with the prior approval of the Required Lenders (as such term is defined in the Holdings Credit Agreement) as provided in the Holdings Credit Agreement.
Interest Rate Hedging Transactions means, as to any Loan Party, all interest rate swaps, caps or collar agreements or similar arrangements entered into by such Person (i) in order to protect against fluctuations in interest rates or the exchange of nominal interest obligations, either generally or under specific contingencies, and, in any event, not for speculative purposes and (ii) either (A) with a counterparty who is also then a Lender or an Affiliate of a Lender, or (B) with the prior approval of the Required Lenders, such approval to be based on the Required Lenders' reasonable judgment.
Interest Rate Hedging Transactions means, as to any Holdings Loan Party, all interest rate swaps, caps or collar agreements or similar arrangements entered into by such Person (i) in order to protect against fluctuations in interest rates or the exchange of nominal interest obligations, either generally or under specific contingencies, and, in any event, not for speculative purposes and (ii) either (A) with a counterparty who is also then a Holdings Lender, or (B) with the prior approval of the Holdings Required Lenders or an affiliate of a Holdings Lender, such approval to be based on the Holdings Required Lenders' reasonable judgement.