Common use of Interest Rate Hedging Clause in Contracts

Interest Rate Hedging. Enter into prior to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility and providing for such Persons to make payments thereunder for a period of no less than three years.

Appears in 2 contracts

Samples: Credit Agreement (Metrologic Instruments Inc), Credit Agreement (Metrologic Instruments Inc)

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Interest Rate Hedging. Enter into prior to on or before the 90th day after date that is 75 days following the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility $425,000,000 and providing for such Persons to make payments thereunder for a period of no less than three years.

Appears in 2 contracts

Samples: Credit Agreement (US Power Generating CO), Credit Agreement (US Power Generating CO)

Interest Rate Hedging. Enter into prior to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons in form reasonably acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility and providing for such Persons to make payments thereunder for a period of no less than three years.

Appears in 2 contracts

Samples: Credit Agreement (Express Parent LLC), Intercreditor Agreement (Express Parent LLC)

Interest Rate Hedging. Enter into prior within thirty (30) days subsequent to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility and providing for such Persons to make payments thereunder for a period of no not less than three years2 years at rates and on terms and conditions reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

Interest Rate Hedging. Enter into prior to the 90th day 120 days after the Effective Datedate hereof, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative AgentAgents, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility Funded Debt and providing for such Persons to make payments thereunder for a period of no less than three yearstwo years on terms acceptable to the Agents the effect of which will be to substantially mitigate the effect of interest rate variation.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc /Oh/)

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Interest Rate Hedging. Enter into prior to the 90th day 45 days after the Effective Date, and maintain at all times thereafter, Date interest rate Hedge Agreements with Persons acceptable to the Administrative AgentAgent for a period of no less than three years, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility $312,500,000 and providing for such Persons to make payments thereunder for a period of no less than three yearsswap floating rate interest obligations into fixed rate interest obligations or to cap floating rate interest obligations on terms reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Ntelos Holdings Corp)

Interest Rate Hedging. Enter into prior to the 90th day after within 60 days of the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility and providing for such Persons to make payments thereunder for a period of no less than three years.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (TLC Vision Corp)

Interest Rate Hedging. Enter into prior to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons reasonably acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term B Commitments under all of the Term Facility Facilities and providing for such Persons to make payments thereunder for a period of no less than three years.

Appears in 1 contract

Samples: Credit Agreement (NCO Teleservices, Inc.)

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