collars definition
collars or other interest rate hedging contracts or similar arrangements, (ix) all Indebtedness of any other Person of the type referred to in clauses (i) through (viii), guaranteed by such Person or for which such Person shall otherwise (including pursuant to any keepwell, makewell or similar arrangement) become directly or indirectly liable, and (x) all Indebtedness of the type referred to in clauses (i) through (ix) above secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property (including accounts and contracts rights) owned by such Person, even though such Person has not assumed or become liable for the payment of such Indebtedness, the amount of such obligation being deemed to be the lesser of the value of such property or the amount of the obligation so secured.
collars means collectively, the Put Agreements and the Call Agreements.
collars or other interest rate hedging contracts or similar arrangements, (i) all Indebtedness of any other Person of the type referred to in clauses (a) through (i) guaranteed by such Person or for which such Person shall otherwise (including pursuant to any keepwell, makewell or similar arrangement) become directly or indirectly liable, and (j) all Indebtedness of the type referred to in clauses (a) through (i) above secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise by) any Lien or security interest on property (including accounts and contract rights) owned by the Person whose Indebtedness is being measured, even though such Person has not assumed or become liable for the payment of such Indebtedness, the amount of such obligation being deemed to be the lesser of the net book value of such property or the amount of the obligation so secured.
More Definitions of collars
collars or other interest rate or currency exchange hedging contracts or similar arrangements, (g) Guaranty Obligations, and (h) Debt of others secured by a Lien on any asset of such Person, whether or not such Debt is assumed by such Person.
collars has the meaning set forth in the introductory paragraphs hereto.
collars a Purchaser Share or enters into any other transaction that effectively locks in his profits on the such Purchaser Share (i.e., a "short against the box").
collars or other interest rate hedging contracts or similar arrangements, and (vi) obligations under leases which have been or should be, in accordance with generally accepted accounting principles, recorded as capitalized leases on the books of the lessee in respect of which the Borrower, NEP or ▇▇▇▇, as the case may be, is liable, contingently or otherwise, as obligor, guarantor or otherwise or in respect of which obligations the Borrower, NEP or ▇▇▇▇, as the case may be, otherwise assures a creditor against loss.