Secured Interest Rate Protection Agreement definition

Secured Interest Rate Protection Agreement means any Interest Rate Protection Agreement entered into by Borrower with a counter party that is a Lender (or an affiliate thereof).
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Secured Interest Rate Protection Agreement means any Interest Rate Protection Agreement meant to hedge interest rate or currency fluctuations under this Agreement.
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Secured Interest Rate Protection Agreement means any Interest Rate Protection Agreement entered into by a Loan Party and a party which is and remains a Lender throughout the term of such Interest Rate Protection Agreement.
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Examples of Secured Interest Rate Protection Agreement in a sentence

  • No debt other than the Loan may be secured by any direct or indirect interest in the Property, the Operating Lessee or the Borrower, whether senior, subordinate or pari passu, provided, however, that any Swap Agreement that is a Secured Interest Rate Protection Agreement shall be secured by the Security Instrument on a pari passu basis with the other Secured Obligations (as defined in the Security Instrument) pursuant to the terms therein.

  • The Property Insurance Policy shall name Tenant as Loss Payee and the Permitted Project Financing Holders as Mortgagee.

  • This PNA takes into consideration the areas of proposed residential development and the current capacity for pharmaceutical provision.

  • The application for additional ARR has been filed on 16th March 2016, that is much after completion of the process of calling for objections on the original tariff application and furnishing replies thereon.

  • If both parents die, [name], will have custody of Child and become guardian of Child's property.


More Definitions of Secured Interest Rate Protection Agreement

Secured Interest Rate Protection Agreement. – means any Swap Agreement entered into by and between Borrower and Wells Fargo or any of its Affiliates in connection the Loan, which Swap Agreement shall be secured by the Security Instrument pursuant to the terms therein, provided that, Borrower may request, no later than the date such Swap Agreement is entered into, that certain Lenders are offered an opportunity to participate in such Swap Agreement, and, upon receipt of such request, Wells Fargo shall offer such Lenders a participation in such Swap Agreement, on terms and conditions reasonably acceptable to Wells Fargo. Any Secured Interest Rate Protection Agreement shall be secured only by the Secured Collateral (as defined in the Security Instrument) pursuant to the terms of the Security Instrument, and shall not be secured by any other collateral, guaranty, letter of credit or any other credit enhancements of any nature.
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Secured Interest Rate Protection Agreement means an Interest Rate ------------------------------------------ Protection Agreement between Borrower and a Lender (or an Affiliate of a Lender).
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Secured Interest Rate Protection Agreement means any Swap Agreement entered into by and between Borrower and Xxxxx Fargo or any of its Affiliates in connection the Loan, which Swap Agreement shall be secured by the Security Instrument pursuant to the terms therein, provided that, Borrower may request, no later than the date such Swap Agreement is entered into, that certain Lenders are offered an opportunity to participate in such Swap Agreement, and, upon receipt of such request, Xxxxx Fargo shall offer such Lenders a participation in such Swap Agreement, on terms and conditions reasonably acceptable to Xxxxx Fargo. Any Secured Interest Rate Protection Agreement shall be secured only by the Secured Collateral (as defined in the Security Instrument) pursuant to the terms of the Security Instrument, and shall not be secured by any other collateral, guaranty, letter of credit or any other credit enhancements of any nature.
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Secured Interest Rate Protection Agreement. Any interest rate protection agreement entered into from time to time by a Bank or any of its Affiliates with a Loan Party." "Secured Parties. Agent, the Banks, the Cash Management Banks and any Bank or Affiliate of a Bank that has entered into an interest rate protection agreement with any Loan Party."
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Secured Interest Rate Protection Agreement means any Interest Rate Protection Agreement entered into by the Borrower with a Bank, in accordance with Section 5.13.
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Secured Interest Rate Protection Agreement means any Interest Rate
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Related to Secured Interest Rate Protection Agreement

  • Interest Rate Protection Agreement means any interest rate swap agreement, interest rate cap agreement, interest collar agreement, interest rate hedging agreement or other similar agreement or arrangement.

  • Interest Rate Protection Agreements means any interest rate swap agreement, interest rate cap agreement, synthetic cap, collar or floor or other financial agreement or arrangement designed to protect Guarantor or any Consolidated Subsidiary against fluctuations in interest rates or to reduce the effect of any such fluctuations.

  • Rate Protection Agreement means, collectively, any agreement with respect to Hedging Obligations entered into by the Borrower or any of its Subsidiaries under which the counterparty of such agreement is (or at the time such agreement was entered into, was) a Lender or an Affiliate of a Lender.

  • Interest Rate Agreement means with respect to any Person any interest rate protection agreement, interest rate future agreement, interest rate option agreement, interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate hedge agreement or other similar agreement or arrangement as to which such Person is party or a beneficiary.

  • Interest Rate Hedging Agreement means any interest rate protection agreement or other interest rate hedging arrangement.

  • Interest Rate Protection Obligations means the obligations of any Person pursuant to any Interest Rate Protection Agreements.

  • Interest Rate Hedge Agreement any interest rate swap agreement, interest rate cap, collar or other arrangement between the Borrower and a Hedge Provider, consisting of a “Master Agreement” in a form published by the International Swaps and Derivatives Association, Inc., together with a “Schedule” thereto in substantially such form as the Program Agent shall have approved, each “Confirmation” thereunder confirming the terms of each transaction thereunder and any credit support annex and schedule thereto.

  • Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate floor agreement, interest rate collar agreement, interest rate option or any other agreement regarding the hedging of interest rate risk exposure executed in connection with hedging the interest rate exposure of any Person and any confirming letter executed pursuant to such agreement, all as amended, restated, supplemented or otherwise modified from time to time.

  • Interest Rate Cap Agreement means, as applicable, an Interest Rate Cap Agreement (together with the confirmation and schedules relating thereto) in form and substance reasonably satisfactory to Lender between Borrower and an Acceptable Counterparty or a Replacement Interest Rate Cap Agreement.

  • Interest Hedge Agreement means a Hedge Contract between the Borrower and one or more financial institutions providing for the exchange of nominal interest obligations between the Borrower and such financial institution or the cap of the interest rate on any Debt of the Borrower.

  • Interest Rate Agreements means one or more of the following agreements which shall be entered into by one or more financial institutions: interest rate protection agreements (including, without limitation, interest rate swaps, caps, floors, collars and similar agreements) and/or other types of interest rate hedging agreements from time to time.

  • Interest Rate Contracts means all interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and interest rate insurance.

  • Agreed Interest Rate means that interest rate determined as of the time it is to be applied that is equal to the lesser of (i) 5% in excess of the discount rate established by the Federal Reserve Bank of San Francisco as it may be adjusted from time to time, or (ii) the maximum interest rate permitted by Law.

  • Interest Rate Swap Agreement means the agreement(s) (including any further replacement agreements) entered into between the Guarantor LP and the Interest Rate Swap Provider(s) in the form of an ISDA Master Agreement, as the same may be amended, varied, supplemented, restated or extended from time to time, including a schedule and confirmations in relation to each Tranche or Series of Covered Bonds;

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.

  • Net Mortgage Interest Rate As to any Mortgage Loan and Distribution Date, such Mortgage Loan's Mortgage Interest Rate thereon on the first day of the month preceding the month of the related Distribution Date reduced by (i) the Servicing Fee Rate and (ii) the Trustee Fee Rate.

  • Interest Rate Hedge means an interest rate exchange, collar, cap, swap, adjustable strike cap, adjustable strike corridor or similar agreements entered into by the Borrower or its Subsidiaries in order to provide protection to, or minimize the impact upon, the Borrower, any Guarantor and/or their respective Subsidiaries of increasing floating rates of interest applicable to Indebtedness.

  • Mortgage Interest Rate The annual rate of interest borne on a Mortgage Note.

  • Replacement Interest Rate Cap Agreement means an interest rate cap agreement from an Acceptable Counterparty with terms identical to the Interest Rate Cap Agreement except that the same shall be effective in connection with replacement of the Interest Rate Cap Agreement following a downgrade, withdrawal or qualification of the long-term unsecured debt rating of the Counterparty; provided that to the extent any such interest rate cap agreement does not meet the foregoing requirements, a “Replacement Interest Rate Cap Agreement” shall be such interest rate cap agreement approved in writing by each of the Rating Agencies and Lender with respect thereto.

  • Fixed Interest Rate means the annual interest rate of five and forty hundredths percent (5.40%).

  • Mortgage Interest Rate Cap With respect to an Adjustable Rate Mortgage Loan, the limit on each Mortgage Interest Rate adjustment as set forth in the related Mortgage Note.

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • 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.

  • Lender-Provided Interest Rate Hedge means an Interest Rate Hedge which is provided by PNC or any Affiliate of PNC that: (a) is documented in a standard International Swap Dealers Association, Inc. Master Agreement or another reasonable and customary manner; (b) provides for the method of calculating the reimbursable amount of the provider’s credit exposure in a reasonable and customary manner; and (c) is entered into for hedging (rather than speculative) purposes. The liabilities owing to the provider of any Lender-Provided Interest Rate Hedge (the “Interest Rate Hedge Liabilities”) by any Borrower, Guarantor, or any of their respective Subsidiaries that is party to such Lender-Provided Interest Rate Hedge shall, for purposes of this Agreement and all Other Documents be “Obligations” of such Person and of each other Borrower and Guarantor, be guaranteed obligations under any Guaranty and secured obligations under any Guarantor Security Agreement, as applicable, and otherwise treated as Obligations for purposes of the Other Documents, except to the extent constituting Excluded Hedge Liabilities of such Person. The Liens securing the Hedge Liabilities shall be pari passu with the Liens securing all other Obligations under this Agreement and the Other Documents, subject to the express provisions of Section 11.5 hereof.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.