Interest Rate Hedge Agreement. An ISDA interest rate cap agreement, ISDA interest rate swap agreement, ISDA interest rate ceiling agreement, ISDA interest rate floor agreement or any combination of the foregoing or other similar agreement, in each case in form and substance including any schedules and confirmations prepared and delivered in connection therewith, pursuant to which recourse by the Interest Rate Hedge Provider to the Borrower is limited to the Collateral and the Distributable Cash Flow which pursuant to the terms of this Agreement is available for such purpose.
Interest Rate Hedge Agreement. An interest rate swap or cap agreement between the Borrower and an Interest Rate Hedge Provider named therein, including any schedules and confirmations prepared and delivered in connection therewith, each as reasonably acceptable to the Required Lender, pursuant to which (i) the Borrower will receive payments from or make payments to the Interest Rate Hedge Provider based on the LIBOR Rate and (ii) recourse by the Interest Rate Hedge Provider to the Borrower is limited to the Collateral which pursuant to the terms of this Credit Agreement is available for such purpose.
Interest Rate Hedge Agreement. An ISDA interest rate swap or cap agreement between the Issuer and the Interest Rate Hedge Provider named therein, including any schedules and confirmations prepared and delivered in connection therewith, each as reasonably acceptable to the Requisite Global Majority, pursuant to which (i) the Issuer will receive payments from or make payments to the Interest Rate Hedge Provider based on One-Month LIBOR and (ii) recourse by the Interest Rate Hedge Provider to the Issuer is limited to the Available Distribution Amount which pursuant to the terms of this Indenture is available for such purpose.
Interest Rate Hedge Agreement. (a)(i) With respect to the Closing Date, not later than August 1, 2007 and (ii) otherwise, on or prior to each date on which the Issuer shall issue Floating Rate Notes hereunder, the Issuer shall enter into one or more Interest Rate Hedge Transactions with an aggregate national balance at all times equal to at least 75% (but no more than 100%) of the Outstanding principal balance of such Floating Rate Notes to hedge its obligations thereunder.
Interest Rate Hedge Agreement. At all times, the Loan Parties shall maintain in effect one or more Interest Rate Hedge Agreements with respect to the Advances and the Franklin Advances, in an aggregate notional principal amount not less than $1,000,000,000 or such lesser amount as Lender in its sole discretion shall approve, which Interest Rate Hedge Agreements have the effect of establishing a maximum interest rate to be agreed by Lender and Holding with respect to such notional principal amount, and each such Interest Rate Hedge Agreement shall in form and substance satisfactory to Lender and with a term to be agreed by Lender and Holding.
Interest Rate Hedge Agreement. At all times after the date which is 45 days after the Forbearance Effective Date, the Borrowers and Guarantor shall at all times use their best efforts to maintain in effect one or more Interest Rate Hedge Agreements with respect to the Advances, in an aggregate notional principal amount of not less than $400,000,000, which Interest Rate Hedge Agreements shall have the effect of establishing a maximum interest rate to be agreed by Lender and Guarantor with respect to such notional principal amount, each such Interest Rate Hedge Agreement to be in form and substance satisfactory to the Lender and with a term to be agreed by Lender and Guarantor.
Interest Rate Hedge Agreement. Provided that no Event of Default or event that with the passage of time, giving of notice or both would constitute an Event of Default exists, upon the approval of the Co-Managers, the Borrower may enter into one or more Interest Rate Hedge Agreements with a third party so long as such agreement, in Agent's reasonable judgment, will not have an adverse effect on the Term Lenders' security under the Security Documents or Borrower's ability to meet its obligations hereunder. The Agent agrees to intermediate the swap or hedge and act as a counterparty for a fee to be determined by mutual agreement of the Borrower and the Agent at the time the Borrower selects the counterparty. The Agent's counterparty under such Interest Rate Hedge Agreement shall have at least an "investment grade" rating and be acceptable to the Term Lenders. If the swap or hedge is arranged during the twelve (12) month period beginning on the date of this Agreement, the Agent's annual fee as counterparty shall be twelve and one-half (12.5) basis points if the Agent's counterparty has an investment rating of at least "AA".
Interest Rate Hedge Agreement. The ISDA Master Agreement and schedule thereto between the Issuer and the Hedge Counterparty, together with all confirmations, amendments, supplements and other modifications thereto.
Interest Rate Hedge Agreement. An Interest Rate Cap Agreement or an Interest Rate Swap Agreement, including any schedules and confirmations prepared and delivered in connection therewith, each as reasonably acceptable to the Administrative Agent, pursuant to which (i) the Borrower will receive payments from or make payments to the Interest Rate Hedge Provider based on the LIBOR Rate and (ii) recourse by the Interest Rate Hedge Provider to the Borrower is limited to the Collateral which pursuant to the terms of this Credit Agreement is available for such purpose.
Interest Rate Hedge Agreement. The parties hereto acknowledge and agree that the Schedule and any confirmation and the Agreement of which it forms a part shall constitute an "Interest Rate Hedge Agreement", as such term is defined in the Credit Agreement, and Party A is and shall be deemed, and shall be entitled to the benefits and security accruing to, a party to such an Interest Rate Hedge Agreement and a "Secured Party" under the Credit Support Documents and the other Financing Documents, in each case to the extent expressly set forth therein.
