Common use of Hedge Agreement Clause in Contracts

Hedge Agreement. Not later than ninety (90) days after the Closing Date, enter into and maintain at all times thereafter for a period of not less than two (2) years, Hedge Agreements with Persons acceptable to the Administrative Agent, in an amount sufficient to cause at least 50% percent of the aggregate principal amount of the Initial Term Loan to be fixed rate Indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (Fidelity National Financial, Inc.), Credit Agreement (Fidelity National Financial, Inc.)

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Hedge Agreement. Not later than ninety (90) days after the Closing Effective Date, enter into and maintain at all times thereafter for a period of not less than two (2) years, three years Hedge Agreements with one or more Hedge Banks or other Persons reasonably acceptable to the Administrative Agent, the effect of which shall be (when combined with Hedge Agreements in an amount sufficient place immediately prior to cause the Effective Date) to fix or limit the interest cost to the Borrower with respect to at least 50% percent of the aggregate principal amount of the Initial Term Loan to be fixed rate IndebtednessFacility.

Appears in 1 contract

Samples: Credit Agreement (Wingstop Inc.)

Hedge Agreement. Not later than ninety (90) 180 days after the Closing Date, enter into and maintain at all times thereafter for a period of not less than two (2) three years, Hedge Agreements with Persons acceptable to the Administrative Agent, in an amount sufficient to cause at least 50% percent $5,000,000 of the aggregate principal amount of outstanding Indebtedness for borrowed money of the Initial Term Loan Borrower and its Subsidiaries to be fixed rate Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Supreme Industries Inc)

Hedge Agreement. Not later than ninety thirty (9030) days after the Closing Date, enter into and maintain at all times thereafter for a period of not less than two four (24) years, Hedge Agreements with any Lender or other Persons acceptable to the Administrative AgentArrangers, in an amount sufficient to cause at least 5075% percent of the aggregate principal amount of outstanding Indebtedness for borrowed money of the Initial Term Loan Borrower and its Subsidiaries to be fixed rate Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Macquarie Infrastructure Corp)

Hedge Agreement. Not later than ninety (90) 30 days after the Closing Date, enter into and maintain at all times thereafter for a period of not less than two (2) four years, Hedge Agreements with any Lender or other Persons acceptable to the Administrative Agent, in an amount sufficient to cause at least 5075% percent of the aggregate principal amount of outstanding Indebtedness for borrowed money of the Initial Term Loan Borrower and its Subsidiaries to be fixed rate Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Macquarie Infrastructure CO LLC)

Hedge Agreement. Not later than ninety (90) 180 days after the Closing Date, enter into and maintain at all times thereafter for a period of not less than two (2) three years, Hedge Agreements with Persons acceptable to the Administrative Agent, in an amount sufficient to cause at least 50% percent $2,000,000 of the aggregate principal amount of outstanding Indebtedness for borrowed money of the Initial Term Loan Borrower and its Subsidiaries to be fixed rate Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Supreme Industries Inc)

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Hedge Agreement. Not later than ninety (90) days after the Closing Date, enter into and maintain at all times thereafter for a period of not less than two (2) years, through and including the Term Loan Maturity Date Hedge Agreements with Persons acceptable to the Administrative Agent, in an amount sufficient to cause at least fifty percent (50% percent %) of the aggregate initial principal amount of the Initial Term Loan funded hereunder to be fixed rate Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Merit Medical Systems Inc)

Hedge Agreement. Not later than ninety (90) days after (i) the Closing DateDate with respect to the Initial Term Borrowing and (ii) each Delayed Draw Borrowing Date with respect to any Delayed Draw Borrowing, enter into and maintain at all times thereafter for a period of not less than two (2) years, Hedge Agreements with Persons acceptable to the Administrative Agent, in an amount sufficient to cause at least fifty percent (50% percent %) of the aggregate initial principal amount of the Initial Term Loan Loans funded hereunder to be fixed rate Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Media General Inc)

Hedge Agreement. Not later than ninety one hundred twenty (90120) days after the Closing DateDate (or such longer period as the Administrative Agent may reasonably agree), enter into and maintain at all times thereafter for a period of not less than two three (23) years, Hedge Agreements with one or more Lenders or other Persons reasonably acceptable to the Administrative AgentArrangers, in an amount sufficient to cause at least 50% percent of the aggregate principal amount of the outstanding Initial Term Loan Loans to be fixed rate Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Us Ecology, Inc.)

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