Interest Rate Contract definition

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 Contract means an interest rate exchange or swap contract, a cash flow exchange or swap contract, any derivative of such contracts, including forward swaps and options to enter into swaps, and interest rate floors, caps or collars, entered into between the Authority and an Interest Rate Contract Provider.

Interest Rate Contract means any interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate insurance arrangement, or any other agreement or arrangement designed to provide protection against fluctuation in interest rates.

Examples of Interest Rate Contract in a sentence

• The Authority's obligation to make regular interest payments under any Interest Rate Contract has been (and is expected in the future to be) a Class I Obligation, and the Authority's obligation to make certain payments due upon early termination of any such Interest Rate Contract has been (and is expected in the future to be) a General Obligation of the Authority and not secured by the Trust Estate under the Master Indenture.

• FFFFF.13 [NOT USED] FFFFF.14 [NOT USED] FFFFF.15 [NOT USED] FFFFF.16 [NOT USED]FFFFF.17 AMENDMENTS TO THE LAST TRADING DAY UNDER RULE NNNN (a) Any amendment made by the Exchange pursuant to the terms of Rule NNNN to the last trading day of the Underlying Short Term Interest Rate Contract specified in a Contract for an option for a serial expiry month or Mid-Curve Contract expiry month (whether serial or quarterly) shall apply equally to the Last Trading Day of such Contract.

• Upon successful completion of the trial period, an employee may apply for any subsequent vacancy for which he/she is qualified in accordance with the provisions of this Agreement.

• The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 (Interest Rate Contract) or for the sole purpose of hedging in the normal course of business and consistent with industry practices.

• All notices and other communications provided for hereunder shall be sent in the manner provided for in Section 9.02 of the Credit Agreement and if to a Guarantor, at its address specified on the signature page hereto and if to the Administrative Agent, any Issuing Bank or any Bank, at its address specified in or pursuant to the Credit Agreement, and if to a Swap Counterparty, at its address specified in the applicable Interest Rate Contract.

More Definitions of Interest Rate Contract

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 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 Contract means interest rate swap agreements, interest rate cap agreements, interest rate collar agreements, interest rate insurance, and other agreements or arrangements designed to provide protection against fluctuations in interest rates, each as in effect on the date hereof.

Interest Rate Contract means an interest rate protection agreement, interest rate future, interest rate option, interest rate swap, interest rate cap, collar or other interest rate hedge arrangement, to or under which the Borrower or any Subsidiary is or becomes a party.

Interest Rate Contract means an interest rate exchange contract, an interest rate floor contract, an interest rate ceiling contract, or another similar contract authorized in a resolution or policy adopted or approved by the trustees.

Interest Rate Contract means interest rate exchange contracts, interest rate floor

Interest Rate Contract any interest rate swap, collar or cap agreement, or other agreement or arrangement by any Credit Party or Subsidiary with a Lender that is designed to protect against fluctuations in interest rates.

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