Interest Rate Obligations definition

Interest Rate Obligations means the obligations of any person pursuant to any arrangement with any other person whereby, directly or indirectly, such person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount and shall include without limitation, interest rate swaps, caps, floors, collars, forward interest rate agreements and similar agreements.

Interest Rate Obligations means, with respect to any Person, the obligations of such Person under (i) interest rate swap agreements, interest rate cap agreements and interest rate collar agreements, and (ii) other agreements or arrangements designed to protect such Person against, or to expose such Person to, fluctuations in interest rates.

Interest Rate Obligations shall have the meaning provided in the definition of "Obligations" in this Article IX.

Examples of Interest Rate Obligations in a sentence

• Any Lender or Affiliate thereof obtaining the benefit of the foregoing guaranty with respect to Other Permitted Credit Exposure, Interest Rate Obligations or Currency Obligations shall remain a Guarantied Party hereunder with respect to such Other Permitted Credit Exposure, Interest Rate Obligations or Currency Obligations only for so long as such Lender remains a Lender under this Agreement.

• For the purpose of this Agreement, the term "Class" shall mean each class of Secured Creditors, i.e., whether (x) the Bank Creditors as holders of the Credit Agreement Obligations or (y) the Interest Rate Creditors as holders of the Interest Rate Obligations.

• For the purpose of this Guaranty, the term “Class” shall mean each class of Secured Creditors, i.e., whether (x) the Lender Creditors as the holders of the Credit Document Obligations or (y) the Interest Rate Creditors as the holders of the Interest Rate Obligations.

• For the purpose of this Agreement, the term "Requisite Creditors" of any Class shall mean each of (x) with respect to each of the Credit Document Obligations, the Required Lenders and (y) with respect to the Interest Rate Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Secured Interest Rate Agreements.

• For the purpose of this Agreement, the term "Class" shall mean each class of Secured Creditors, i.e., whether (x) the Lender Creditors as holders of the Credit Document Obligations or (y) the Interest Rate Creditors as holders of the Interest Rate Obligations.

More Definitions of Interest Rate Obligations

Interest Rate Obligations has the meaning assigned to the term in subsection 9.1.

Interest Rate Obligations has the meaning set forth in Section 1 hereof.

Interest Rate Obligations has the meaning set forth in Section 1(ii) hereof.

Interest Rate Obligations has the meaning provided in the definition of Obligations.

Interest Rate Obligations shall have the meaning assigned to such term in Recital F hereof.

Interest Rate Obligations has the meaning assigned to that term in subsection 2.1(b). 333 "PAYMENT IN FULL", "PAID IN FULL" or any similar term means payment in full of the Guarantied Obligations including, without limitation, all principal, interest, costs, fees and expenses (including, without limitation, legal fees and expenses) of Guarantied Parties and Agent as required under the Loan Documents and the Interest Rate Agreements.

Interest Rate Obligations means the obligations of Company under any Lender Interest Rate Agreements secured by the Collateral, including the obligations of Company to make payments thereunder in the event of early termination thereof.