Definition of Lender Interest Rate Protection Agreement


Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement entered into by Borrower with Lender or an Affiliate of Lender as Counterparty, and only for so long as such Counterparty remains Lender (or an Affiliate of Lender).


Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement to which Borrower and Agent, a Lender or any Affiliate of Agent or any Lender are parties in the event that Borrower and Agent, a Lender or an Lender’s Affiliate of Agent or any Lender elect to enter into an Interest Rate Protection Agreement. Borrower’s performance of its obligations pursuant to any Lender Interest Rate Protection Agreement is secured by the Collateral.

Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement to which (a) any Borrower and the Administrative Agent or any Affiliate of the Administrative Agent are parties in the event that such Borrower and the Administrative Agent or such Administrative Agent’s Affiliate elect to enter into an Interest Rate Protection Agreement or (b) if the Administrative Agent or such Administrative Agent’s Affiliate shall haveelected to not enter into an Interest Rate Protection Agreement then, with the consent of the Administrative Agent, any Borrower and any Lender or any Affiliate of any Lender are parties in the event that such Borrower and such Lender or such Lender’s Affiliate elect to enter into an Interest Rate Protection Agreement.

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.
Any Interest Rate Protection Agreement entered into in accordance with the provisions of this Agreement shall not be secured by or encumber any of the Collateral securing Borrower’s obligations under the Loan Documents unless the same is a Lender Interest Rate Protection Agreement.
Borrower shall pay to Agent all documented losses and all reasonable and documented out-of-pocket, costs and expenses of Agent or any Lender incurred and payable by Borrower pursuant to any Lender Interest Rate Protection Agreement, including any termination thereof, unless such Lender Interest Rate Protection Agreement has been terminated in accordance with Section 2.7(e).
No Interest Rate Protection Agreement shall be secured by all or any portion of the Collateral unless it is a Lender Interest Rate Protection Agreement, in which case such Lender Interest Rate Protection Agreement shall be secured pari passu with the other sums secured by the Mortgage and other Security Documents.



More definitions of Lender Interest Rate Protection Agreement

Lender Interest Rate Protection Agreement means an Interest Rate Protection Agreement to which Borrowers and Agent, one or more Lenders, or an Affiliate thereof are parties in the event that Borrowers and Agent, one or more Lenders, or an Affiliate thereof elect to enter into an Interest Rate Protection Agreement or in the event Agent elects to enter into an Interest Rate Protection Agreement with Agent, one or more Lenders, or an Affiliate thereof pursuant to Section 4.3 hereof.62383226 16


Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement entered into with Administrative Agent, any Lender or an Affiliate of Administrative Agent or any Lender as counterparty, and only for so long as such counterparty remains Administrative Agent or a Lender (or an Affiliate of Administrative Agent or a Lender).

Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement to which Borrower and Calyon New York Branch or any Affiliate of Calyon New York Branch (or Agent or any Affiliate of Agent on behalf of all Lenders) are parties in the event that Borrower and such Calyon New York Branch or Calyon New York Branch’s Affiliate (or Agent or such Agent’s Affiliate on behalf of all Lenders) elect to enter into an Interest Rate Protection Agreement. Borrower’s performance of its obligations pursuant to any Lender Interest Rate Protection Agreement is secured by the Collateral.

Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement to which Borrower and Eurohypo or Aareal or any Affiliate of either of them are parties in the event that Loan Parties and Eurohypo or Aareal or any Affiliate of either of them elect to enter into an Interest Rate Protection Agreement. Borrower’s performance of its obligations pursuant to any Lender Interest Rate Protection Agreement which is not an interest rate cap is secured by the Collateral.

Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement to which Borrower and PB Capital Corporation (and its successors or assigns) or any Affiliate of PB Capital Corporation (and its successors or assigns) are parties in the event that Borrower and PB Capital Corporation (and its successors or assigns) or its Affiliate elect to enter into an Interest Rate Protection Agreement. Borrower’s performance of its obligations pursuant to any Lender Interest Rate Protection Agreement is secured by the Collateral.

Lender Interest Rate Protection Agreement means any Interest Rate Protection Agreement to which Borrower and a Lender or any Affiliate of a Lender (or Agent or any Affiliate of Agent) are parties in the event that Borrower and a Lender or a Lender’s Affiliate (or Agent or Agent’s Affiliate) elect to enter into an Interest Rate Protection Agreement.

Lender Interest Rate Protection Agreement means, collectively, each Interest Rate Protection Agreement (if any) which relates to the Loan and in which any Lender or any Affiliate thereof is the Counterparty, and only for so long as such Counterparty remains a Lender (or any Affiliate thereof). If any Lender or an Affiliate of a Lender provides a Lender Interest Rate Protection Agreement to Borrower, each other Lender (or an Affiliate thereof) shall have the right to participate in such Interest Rate Protection Agreement.