Assignment of Interest Rate Protection Agreement definition

Assignment of Interest Rate Protection Agreement means, collectively, that (those) certain Assignment(s) of Interest Rate Protection Agreement(s) among Borrower, Agent, for the ratable benefit of the Lenders, and the Counterparty to the Interest Rate Protection Agreement to be entered into pursuant to Section 4.1.15(c), as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.
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Assignment of Interest Rate Protection Agreement shall have the meaning set forth in Section 2.2.7(a) hereof.
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Assignment of Interest Rate Protection Agreement means that certain Assignment of Interest Rate Protection Agreement among Borrower, Agent and the Counterparty to the related Interest Rate Protection Agreement, to be entered into pursuant to Section 4.1.14 of the Building Loan Agreement.
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Examples of Assignment of Interest Rate Protection Agreement in a sentence

  • There is a need of a system which can create appropriate incentives to ensure that these laws are implemented properly on the ground.

  • Additionally, Borrower shall collaterally assign to Lender, pursuant to the Collateral Assignment of Interest Rate Protection Agreement, all of its right, title and interest to receive any and all payments under the Interest Rate Protection Agreement, and shall deliver to Lender an executed counterpart of such Interest Rate Protection Agreement (which shall, by its terms, authorize the assignment to Lender and require that payments be deposited directly into the Restricted Account.

  • Contemporaneously with the execution of the Interest Rate Protection Agreement, Borrower shall execute and deliver to Agent the Assignment of Interest Rate Protection Agreement.

  • Borrower shall take all actions reasonably requested by Lender to enforce Lender’s rights under such Swap Contract and the Assignment of Interest Rate Protection Agreement thereof in the event of a default by the counterparty thereunder and shall not waive, amend or otherwise modify any of its rights thereunder without Lender’s prior written consent.

  • Until an Event of Default or such Funds are applied as provided for herein in the other Loan Documents, Borrowers shall be the joint owners of the Interest Reserve Funds, the Tax Funds, the Insurance Premium Funds and all payments received by Lender from the Counterparty under and pursuant to any Assignment of Interest Rate Protection Agreement (collectively, the “Funds”), all of which shall be deposited and held in the Mezzanine Loan Collection Account.


More Definitions of Assignment of Interest Rate Protection Agreement

Assignment of Interest Rate Protection Agreement shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.
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Assignment of Interest Rate Protection Agreement means any Assignment of Interest Rate Protection Agreement hereafter required to be executed by Borrower in favor of Lender in accordance with the requirements of Section 2.5 hereof.
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Assignment of Interest Rate Protection Agreement means the assignment of Interest Rate Protection Agreement, dated as of the date of the Interest Rate Protection Agreement and reasonably acceptable to the Borrower and the Administrative Agent.
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Assignment of Interest Rate Protection Agreement means collectively, an Assignment(s) of Interest Rate Protection Agreement in form and substance reasonably satisfactory to Borrower or an Affiliate of Borrower, as applicable, Lender and the related Counterparty to the related Interest Rate Protection Agreement to be entered into pursuant to Section 5.1.25.
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Assignment of Interest Rate Protection Agreement means that certain Collateral Assignment of Interest Rate Protection Agreement, in form and substance satisfactory to Lender, executed by Borrower, in favor of Lender dated as of even date herewith, and consented to by the “Cap Bank” thereunder.
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Assignment of Interest Rate Protection Agreement means an Assignment of Interest Rate Protection Agreement made by Borrower in favor of Agent and Lenders in the form attached hereto as Schedule 2.6(a).
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Assignment of Interest Rate Protection Agreement has the meaning set forth in Exhibit “J”.
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