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.

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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 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 attached hereto) to a third party designated by Customer, together with the principal amount.

• 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.

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

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: i. The Notional Amount will be equal to the Fixed Rate Financing Amount. ii. The Trade Date will be the Closing Date. iii. The Effective Date will be two (2) Business Days following the Trade Date. iv. The Termination Date will be ten (10) years from the Effective Date, as adjusted, if necessary, in accordance with the Modified Following Business Day Convention. v. PBL Pays Fixed/ Receives Floating; Monthly. vi. Fixed Rate will be the Fixed Base Rate. vii. Floating Rate Option will be USD-LIBOR-BBA. The Designated Maturity will be 1 Month. viii. Fixed / Floating Rate Day Count Fraction will be: Actual/360. ix. Business Days will be London and New York Business Days.

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 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 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 : i. The Notional Amount will be equal to the Fixed Rate Financing Amount. ii. The Trade Date wil l be the Closing Date.

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.