Interest Rate Obligations definition

Interest Rate Obligations means the obligations of any person pursuant to any arrangement with any other person whereby, directly or indirectly, such person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount and shall include without limitation, interest rate swaps, caps, floors, collars, forward interest rate agreements and similar agreements.

Interest Rate Obligations means the obligations of any Person pursuant to any arrangement with any other Person whereby, directly or indirectly, such Person is entitled to receive from time to time periodic payments calculated by applying either a floating or a fixed rate of interest on a stated notional amount and shall include without limitation, interest rate swaps, caps, floors, collars, forward interest rate agreements and similar agreements.

Interest Rate Obligations shall have the meaning provided in the definition of "Obligations" in this Article IX.

Examples of Interest Rate Obligations in a sentence

• Minimum Interest Rate - means, with respect to any particular Variable Interest Rate Obligations, a numerical rate of interest which may (but need not) be set forth in the Supplemental Resolution, or Credit Agreement, as appropriate, authorizing such Obligations that shall be the minimum rate of interest such Obligations will at any time bear.

• Any Lender or Affiliate thereof obtaining the benefit of the foregoing guaranty with respect to Other Permitted Credit Exposure, Interest Rate Obligations or Currency Obligations shall remain a Guarantied Party hereunder with respect to such Other Permitted Credit Exposure, Interest Rate Obligations or Currency Obligations only for so long as such Lender remains a Lender under this Agreement.

• For the purpose of this Agreement, the term "Class" shall mean each class of Secured Creditors, i.e., whether (x) the Bank Creditors as holders of the Credit Agreement Obligations or (y) the Interest Rate Creditors as holders of the Interest Rate Obligations.

• For the purpose of this Agreement, the term "Requisite Creditors" of any Class shall mean each of (x) with respect to the Credit Agreement Obligations, the Required Banks and (y) with respect to the Interest Rate Obligations, the holders of 51% of all obligations outstanding from time to time under the Secured Interest Rate Agreements.

• For the purpose of this Agreement, the term "Requisite Creditors" of any Class shall mean each of (x) with respect to each of the Loan Document Obligations, the Required Lenders and (y) with respect to the Interest Rate Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Derivatives Obligations Agreements.

More Definitions of Interest Rate Obligations

Interest Rate Obligations has the meaning set forth in Section 1 hereof.

Interest Rate Obligations has the meaning assigned to the term in subsection 9.1.

Interest Rate Obligations has the meaning provided in the definition of Obligations.

Interest Rate Obligations has the meaning set forth in Section 1(ii) hereof.

Interest Rate Obligations means the obligations of Company under any Lender Interest Rate Agreements secured by the Collateral, including the obligations of Company to make payments thereunder in the event of early termination thereof.

Interest Rate Obligations has the meaning assigned to that term in subsection 2.1(b). 333 "PAYMENT IN FULL", "PAID IN FULL" or any similar term means payment in full of the Guarantied Obligations including, without limitation, all principal, interest, costs, fees and expenses (including, without limitation, legal fees and expenses) of Guarantied Parties and Agent as required under the Loan Documents and the Interest Rate Agreements.

Interest Rate Obligations shall have the meaning assigned to such term in Recital F hereof.