Common use of Swap Contract Clause in Contracts

Swap Contract. The occurrence of a default by Borrower or a termination event with respect to Borrower under any swap, derivative, foreign exchange or hedge transaction or arrangement (or similar transaction or arrangement howsoever described or defined) at any time entered into between Borrower and Bondowner Representative in connection with the Loan; or

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement, Loan Agreement