Interest Rate Protection Product

Example Definitions of "Interest Rate Protection Product"
Interest Rate Protection Product. Any interest rate swap, cap, collar or floor agreement, hedge device or other agreement or arrangement entered into by the Borrower and a Lender with respect to a notional amount equal to the Loan (and, if applicable, plus the Acquisition Loan and the Project Loan), or a portion thereof and with a fixed rate of interest payable by the Borrower.
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