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Common use of Swap Transaction Clause in Contracts

Swap Transaction. Mortgagor shall enter into a swap transaction fixing the interest rate payable on the Earn-Out Advance simultaneously with the advance of funds; and

Appears in 2 contracts

Sources: Open End Mortgage, Assignment of Leases and Rents and Security Agreement, Open End Mortgage, Assignment of Leases and Rents and Security Agreement (Griffin Industrial Realty, Inc.)

Related Clauses

  • ISDA Definitions
  • Master Agreement
  • Derivative Transactions
  • Hedge Transactions
  • FAILURE TO HONOUR SETTLEMENT AGREEMENT

Parent Clauses

  • Definitions
  • The Loan
  • Covenants
  • Netting of Payments
  • INCONSISTENCY

Sub-Clauses

  • Reports and Testing
  • Inspection
  • 0x DSC Performance Threshold
  • Notice to Administrative Agent
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