Examples of Lender Interest Rate Protection Agreement in a sentence
In the event that Agent shall elect to enter into an Interest Rate Protection Agreement on Borrower’s behalf, such Interest Rate Protection Agreement, at Agent’s election, may be a Lender Interest Rate Protection Agreement.
Borrower shall pay Additional Interest as and when provided herein, and in the event any Lender Interest Rate Protection Agreement is in effect, in such Lender Interest Rate Protection Agreement by Borrower as the counterparty thereunder.
The fiscal cost is ongoing as the MFTC rate will also account for the April 2020 main benefit rate increase in prospective changes.received the MFTC.The maximum possible increase for the year would be $1,664 with an estimated average MFTC increase of$1,280 per family.17Around 400 additional families would become newly eligible for the MFTC in the 2020/21 tax year.
If any Lender is or becomes a party to any Lender Interest Rate Protection Agreement, such Lender unconditionally consents, without any restrictions, to the pledge and collateral assignment of Borrower’s interest in such Interest Rate Protection Agreement, agrees to pay directly to Agent all payments, if any, due under the Interest Rate Protection Agreement and agrees that all rights of Borrower thereunder shall be exercisable by Agent.
Borrower shall pay Additional Interest as and when provided herein, and in the event any Lender Interest Rate Protection Agreement is in effect, in such Lender Interest Rate Protection Agreement.