Hedging Activities. The Borrower shall deliver to the Facility Agent on a quarterly basis following the Effective Date, a schedule of the Weighted Average Rate, accompanied by copies of confirmations or screen shots evidencing the entry into, termination or modification of any trades or fixings effected during such quarter under any agreements entered into by the Borrower from time to time in spot or forward currency markets for the purchase of EUR with Dollars in order to pay the Contract Price or fix the NYC Applicable Rate.
Appears in 4 contracts
Sources: Amendment No. 7 in Connection With the Credit Agreement (Royal Caribbean Cruises LTD), Amendment No. 9 in Connection With the Credit Agreement (Royal Caribbean Cruises LTD), Amendment No. 8 to Credit Agreement (Royal Caribbean Cruises LTD)