Interest Rate Hedging Transaction definition

Interest Rate Hedging Transaction means a transaction that is entered into under an Interest Rate Hedging Agreement, the terms of which are reflected on a confirmation that is executed by the Borrower and the Hedge Counterparty.

Interest Rate Hedging Transaction means (i) any Swap Transaction entered into by the Borrower with an Eligible Counterparty intended to protect the Borrower against changes in the floating rate of interest payable on all or a portion of any Debt or other obligation of the Borrower or its subsidiaries or on any Fund Investment or to protect against fluctuations in interest rates, or (ii) any Swap Transaction or repurchase agreement entered into by the Borrower, in each case with an Eligible Counterparty, intended to protect against changes in the market value of any Fund Investment resulting from fluctuations in interest rates.

Interest Rate Hedging Transaction has the meaning assigned to such term in the applicable Collateral Valuation Schedule.

Examples of Interest Rate Hedging Transaction in a sentence

• Borrower shall have directed the Hedge Counterparty to deposit into the Collection Account all Swap Payments payable to the Borrower in respect of any Interest Rate Hedging Agreement and any Interest Rate Hedging Transaction thereunder.

• In the event of a Fixed Rate Financing Prepayment Event and at the request of Customer, PBL will use its commercially reasonable efforts to assign and novate the Interest Rate Hedging Transaction (as defined in Appendix B) to a third party designated by Customer, together with the principal amount.

• In addition, the Investment Manager (acting on behalf of the Company) is authorised, from time to time, to modify or amend the terms of any Interest Rate Hedging Transaction and to enter into new interest rate hedging transactions in order to further manage the interest rate risk to which investors in the Robeco Multi Market Bonds Jul 08/18 (EUR) are subject.

• The Issuer will not enter into any Interest Rate Hedging Transaction if, as a result of entering into such transaction, the notional amount of all Interest Rate Hedging Transactions would be greater than the aggregate Market Value of all Eligible Issuer Investments.

• The Senior Interest Rate Hedging Transaction is undertaken pursuant to the Senior Interest Rate Hedging Agreement.

More Definitions of Interest Rate Hedging Transaction

Interest Rate Hedging Transaction any interest rate protection agreement, interest rate swap transaction, interest rate "cap" or "collar" transaction, interest rate future, interest rate option or other interest rate hedging transaction.

Interest Rate Hedging Transaction means an assumed transaction that could be entered into to hedge the interest rate risk in connection with providing the Fixed Rate Financing Rate on the Fixed Rate Financing Amount for the term of the Fixed Rate Period. For purposes of any calculations to be used herein, the terms of the Interest Rate Hedging Transaction shall be as follows:

Interest Rate Hedging Transaction means a derivative transaction entered into by a Debtor (other than the Parent) and a Hedge Counterparty for the purposes of protection against or benefit from fluctuations in interest rates, in respect of Credit Facility Liabilities and/or Pari Passu Debt Liabilities and that is permitted under the terms of each of the Credit Facility Documents, the Surety Bond Facility Agreement and the Pari Passu Documents (in their form as at the date of execution of the relevant Exchange Rate Hedging Agreement) to share in the Transaction Security.

Interest Rate Hedging Transaction means any interest rate Swap Transaction entered into by the Issuer or a Subsidiary Guarantor with a counterparty intended to protect the Issuer or such Subsidiary Guarantor against increases of the floating rate of interest payable on all or a portion of any Debt of the Issuer Group or on any Investment Assets or to protect against a risk in the fluctuation of interest rates.

Interest Rate Hedging Transaction includes any rate swap transaction, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, Interest rate option, knock-out transaction, cap transaction, floor transaction, collar transaction or other similar transaction (including any option with respect thereto and any combination in respect thereof);

Interest Rate Hedging Transaction means any Hedging Transaction with a Hedge Counterparty to hedge exposure to interest rates, including any RPI Linked Hedging Transaction or any other Hedging Transaction specified as such in the relevant Accession Memorandum to the STID.

Interest Rate Hedging Transaction includes any rate swap transaction, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, interest rate option, knock-out transaction, cap transaction, floor transaction, collar transaction or other similar transaction (including any option with respect thereto and any combination in respect thereof);