Rate Protection Agreements. All Rate Protection Agreements shall be (a) with a counterparty that is a Lender or another Person that is reasonably satisfactory to the Agent and (b) unsecured unless the counterparty is a Lender, in which case the obligations under each such Rate Protection Agreement shall be secured pro rata with all the other Obligations hereunder.
Appears in 2 contracts
Sources: Credit Agreement (Us Automotive Manufacturing Inc), Credit Agreement (Selfcare Inc)