Interest Rate Protection Agreements Sample Clauses

Interest Rate Protection Agreements. (a) Within ninety days after the Closing Date, the Borrower shall enter into and thereafter maintain interest rate protection agreements (protecting against fluctuations in interest rates) having a term of at least three years from the Closing Date, establishing a fixed or maximum interest rate of 10.5% per annum for an aggregate notional amount equal to at least 50% of the aggregate principal amount of all Term Loans then outstanding.
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Interest Rate Protection Agreements. Upon the Lender's request, the Borrower shall deliver to the Lender any and all information relating to Interest Rate Protection Agreements.
Interest Rate Protection Agreements. (a) Seller has entered into all Interest Rate Protection Agreements required under Section 8.08, (b) each such Interest Rate Protection Agreement is in full force and effect, (c) no termination event, default or event of default (however defined) has occurred and is continuing thereunder, and (d) Seller has effectively assigned to Buyer all Seller’s rights (but none of its obligations) under such Interest Rate Protection Agreements.
Interest Rate Protection Agreements. The Borrower shall, within 30 days of the Closing Date, have in place interest rate protection agreements, in form and substance acceptable to the Agent, protecting against fluctuations in interest rates which agreements shall provide coverage for a period of three (3) years, and in a notional amount of at least fifty percent (50%) of the outstanding principal amount of the Term Loans. 7.15
Interest Rate Protection Agreements. Upon Buyer’s request, Seller shall deliver to Buyer any and all information relating to Interest Rate Protection Agreements.
Interest Rate Protection Agreements. In the case of the U.S. Borrower, as promptly as practicable and in any event within 90 days after the Closing Date, enter into, and for a period of not less than three years after the Closing Date will maintain in 103 effect, one or more Swap Agreements with one or more of the Lenders (or Affiliates thereof), the effect of which is that at least 50% of Consolidated Total Debt will bear interest at a fixed rate or the interest cost in respect of which will be fixed, in each case on terms and conditions reasonably acceptable, taking into account current market conditions, to the Administrative Agent.
Interest Rate Protection Agreements. If the Borrower or any of its Subsidiaries shall default in any payment or performance of any obligations under any Swap Agreement entered into with any Swap Party, regardless of the amount involved in such default; or
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Interest Rate Protection Agreements. In the case of the Company, as promptly as practicable and in any event within 180 days after the Effective Date, enter into, and for a period of not less than three years after the Effective Date maintain in effect, one or more Swap Agreements, the effect of which is that at least 50% of Consolidated Net Debt at such time will bear interest at a fixed or capped rate or the interest cost in respect of which will be fixed or capped, in each case on terms and conditions reasonably acceptable, taking into account current market conditions, to the Administrative Agent.
Interest Rate Protection Agreements. The Borrower shall:
Interest Rate Protection Agreements. Each Credit Party shall perform its duties and obligations under and shall otherwise maintain any existing Interest Rate Protection Agreements to which it is a party.
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