Common use of Interest Rate Protection Clause in Contracts

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interest.

Interest Rate Protection. As promptly as practicable, and in any event within 90 commencing no later than 60 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, such that the effect of which shall be interest cost to ensure that the Borrower with respect to at least 50% of the outstanding total Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to will either be hedged by such interest rate protection agreements or bear interest at a fixed rate of interestrate.

Interest Rate Protection. As promptly as practicable, No later than sixty (60) days following the Closing Date and in any event within 90 days after at all times thereafter until the Effective third anniversary of the Closing Date, the Borrower will enter into, shall obtain and thereafter for a period of not less than three years after the Effective Date will maintain cause to be maintained protection against fluctuations in effect, interest rates pursuant to one or more interest rate protection agreements on such terms Interest Rate Agreements in form and with such parties as shall be substance reasonably satisfactory to the Administrative Agent, the effect of which shall be in order to ensure that at least no less than 50% of the aggregate principal amount of the Term Loans then outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively either (i) subject to such Interest Rate Agreements or (ii) Indebtedness that bears interest at a fixed rate of interestrate.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 5033% of the outstanding Long-Term Indebtedness of Holdings, Holdings and the Borrower and the consolidated Subsidiaries is effectively subject to a fixed (after taking into account all fixed-rate of interestLong-Term Indebtedness).

Interest Rate Protection. As promptly as practicable, and in any event within Within 90 days after the Effective Date, the Parent Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, to the effect of which shall be extent necessary to ensure that at least 5035.0% of the amount of outstanding Long-Term Indebtedness of Holdings, the Parent Borrower and the consolidated Subsidiaries (including Loans under this Agreement and the Subordinated Debt) is effectively subject to a fixed rate of interest.. 76

Interest Rate Protection. As promptly as practicable, and in any event within Within 90 days after the Effective Date, the Borrower Borrower, if necessary to satisfy the requirements set forth in this Section 5.14, will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which (when taken together with any fixed rate debt and interest rate protection agreements) shall be to ensure that fix or limit the interest cost with respect to at least 50% of the outstanding Long-Term Indebtedness of HoldingsParent's, the Borrower Borrower's and the consolidated Subsidiaries is effectively subject to a fixed rate of interestother Restricted Subsidiaries' outstanding Total Debt.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Restatement Effective Date, the Borrower will enter into, and thereafter for a period of not less than three 3 years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentInitial Lenders, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term total Indebtedness for borrowed money of Holdings, Allied Waste and its Restricted Subsidiaries (including the Borrower and Loans) at the consolidated Subsidiaries is effectively subject to a fixed rate of interesttime outstanding.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Original Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after from the Effective Date date hereof will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentAgents, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 5040% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower Borrowers will enter into, and thereafter for a period of not less than three two years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower Borrowers and the consolidated Subsidiaries is effectively subject to a fixed rate of interest.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, to the effect of which shall be extent necessary to ensure that fix or limit the interest cost to the Borrower with respect to at least 5033% of the outstanding Long-Term Indebtedness of Holdings, Holdings and the Borrower and the consolidated Subsidiaries is effectively subject to a fixed (after taking into account all fixed-rate of interestLong-Term Indebtedness).

Interest Rate Protection. As promptly as practicable, and in any event within 90 60 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Tranche A Term Indebtedness of Holdings, the Borrower Loans and the consolidated Subsidiaries is effectively subject to a fixed rate of interestTranche B Term Loans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Restatement 101 Effective Date, the Borrower will enter into, and thereafter for a period of not less than three 3 years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentInitial Lenders, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term total Indebtedness for borrowed money of Holdings, Allied Waste and its Restricted Subsidiaries (including the Borrower and Loans) at the consolidated Subsidiaries is effectively subject to a fixed rate of interesttime outstanding.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days Within nine months after the Effective Date, the Borrower will (as necessary) enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, such that the effect of which shall be interest cost to ensure that the Borrower with respect to at least 50% of the outstanding total Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to will be hedged or capped by such interest rate protection agreements or bear interest at a fixed rate of interestrate.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after from the Effective Date date hereof will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentAgents, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 5040% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 60 days after the Effective Closing Date, the Borrower will enter into, and thereafter for a period of not less than three two years after from the Effective Closing Date will maintain in effect, one or more interest rate protection agreements Interest Rate Protection Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest costs to the Borrower with respect to at least fifty percent (50% %) of the amount outstanding Long-under the Term Indebtedness of HoldingsLoan, the Borrower Note Agreement, and the consolidated Subsidiaries is effectively subject to a fixed rate of interestprojected outstanding amount for Revolving Credit Loans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 120 days after the Effective Start Date and the Second Closing Date, if any, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within no later than 90 days after the Effective DateMarch 6, 2003, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date 18 months will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50fix or limit the interest cost to the Borrower with respect to 35% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, ------------------------- and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements Hedging Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestBorrower.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three two years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and Hedging Agreements with such parties as shall be reasonably satisfactory acceptable to the Administrative Agent, the effect of which shall be to ensure is that at least 5040% of the aggregate principal amount of Term Loans outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively at any time will be subject to interest at a fixed rate of interestrate, in each case on terms and conditions reasonably acceptable to the Administrative Agent.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, Holdings and the Borrower and the consolidated Subsidiaries is effectively subject to a fixed (after taking into account all fixed-rate of interestLong-Term Indebtedness).

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Closing Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements Swap Agreements on such terms and with such parties as shall be reasonably satisfactory to the Co- Administrative AgentAgents, the effect of which shall be to ensure that limit the maximum potential interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to for a fixed rate period of interestnot less than two years.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Original Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentAgents, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 5033.33% of the aggregate principal amount of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 180 days after the Effective Closing Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements Swap Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentAgents, the effect of which shall be to ensure is that at least 5040% of the then outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated its Subsidiaries is effectively subject to would bear interest at a fixed rate or the interest cost in respect of interestwhich will be fixed.

Interest Rate Protection. As promptly as practicable, and in any event within 90 No later than ninety (90) days after following the Effective Initial Borrowing Date, Company shall enter into and maintain arrangements reasonably acceptable to Administrative Agent and the Borrower will enter intoRequired Lenders which have the effect of establishing a fixed or maximum interest rate reasonably acceptable to Administrative Agent and the Required Lenders, and thereafter for a period of at least two and one half (2 1/2) years, for an aggregate notional principal amount of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect fifty percent (50%) of which shall be to ensure that at least 50% of Company's Consolidated Debt less the outstanding Long-Term principal amount of such Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to that bears interest at a fixed rate of interestrate.

Interest Rate Protection. As promptly as practicable, and in any event within 90 60 days after the Effective Closing Date, the Borrower will enter into, and thereafter for a period of not less than three two years after the Effective Date will maintain in effect, one or more interest rate protection agreements Interest Rate Protection Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest costs to the Borrower with respect to at least fifty percent (50% %) of the amount outstanding Long-under the Term Indebtedness of HoldingsLoan, the Borrower Note Agreement, and the consolidated Subsidiaries is effectively subject to a fixed rate of interest.projected outstanding amount for Revolving Credit Loans. 55

Interest Rate Protection. As promptly as practicable, and in any event within No later than 90 days after following the Restatement Effective Date, the Borrower will enter into, into (and thereafter for a period of not less than three years after maintain) Interest Rate Protection Agreements mutually acceptable to the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms Borrower and with such parties as shall be reasonably satisfactory to the Administrative Agent, having a term of at least three years, establishing a fixed or maximum interest rate reasonably acceptable to the effect of which shall be Administrative Agent for an aggregate notional principal amount equal to ensure that at least 50% of the outstanding Long-Term Indebtedness aggregate principal amount of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestall Loans then outstanding.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three 3 years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentInitial Lenders, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, Loans at the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interesttime outstanding.

Interest Rate Protection. As promptly as practicable, ------------------------- and in any event within 90 180 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three five years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50% fix or limit the interest cost to the Borrower with respect to a percentage of the outstanding Long-Term Indebtedness of Holdings, the Borrower and to be reasonably satisfactory to the consolidated Subsidiaries is effectively subject to a fixed rate of interestAdministrative Agent.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three two years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and Swap Agreements with such parties as shall be reasonably satisfactory to one or more of the Administrative AgentLenders (or Affiliates thereof), the effect of which shall be to ensure is that at least 5040% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to Funded Debt will bear interest at a fixed rate or the interest cost in respect of interestwhich 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. As promptly as practicable, and in any event within 90 days after the Effective Date, the The Borrower will enter into, and thereafter maintain for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Tranche A Term Indebtedness of Holdings, the Borrower Loans and the consolidated Subsidiaries is effectively subject to a fixed rate of interestTranche B Term Loans.

Interest Rate Protection. As promptly as practicable, and in any event within Within 90 days after the Effective Date, the Borrower Borrowers will enter into, and thereafter for a period of not less than three (3) years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrowers with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 60 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three 2 years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% $10,000,000 initially (but which may be reduced from time to time to an amount not less than one half of the then outstanding Long-principal amount of the Term Indebtedness Loan) of Holdings, the Borrower and notional value of the consolidated Subsidiaries is effectively subject to a fixed rate of interestTerm Loans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements for a period of not less than two years after the Effective Date on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Tranche A Term Indebtedness of Holdings, the Borrower Loans and the consolidated Subsidiaries is effectively subject to a fixed rate of interestTranche B Term Loans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three two years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-principal amount of the Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within Within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative AgentRequired Lenders, to the effect of which shall be extent necessary to ensure that at least 5035.0% of the amount of outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interest.

Interest Rate Protection. As promptly as practicable, and in any event within 90 180 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements Swap Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure is that at least 5040% of the then outstanding Long-Term Indebtedness of HoldingsLoans, the Borrower Initial Senior Subordinated Notes and the consolidated Subsidiaries is effectively subject to Additional Aurora Securities constituting Indebtedness would bear interest at a fixed rate or the interest cost in respect of interestwhich will be fixed.

Interest Rate Protection. As promptly as practicable, and in any event within 90 60 days after the Effective Date, the Borrower will enter intointo with one or more Lenders, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 5015% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 commencing no later than 60 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, Agent to the effect of which shall be extent necessary such that the interest cost to ensure that the Borrower with respect to at least 5040% of the outstanding total Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to will either be hedged by such interest rate protection agreements or bear interest at a fixed rate of interestrate.

Interest Rate Protection. As promptly as practicable, and in any event within 90 Within 150 days after the Amendment/Restatement Effective Date, the Borrower will enter into, and thereafter maintain for a period of not less than three years after the Amendment/Restatement Effective Date will maintain in effectDate, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the aggregate outstanding Long-principal amount of the Term Indebtedness of Holdings, the Borrower Loans and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLYONx.

Interest Rate Protection. As promptly as practicable, ------------------------- and in any event within 90 days after the Effective Date, the Parent Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate 105 protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50% of the outstanding Long-Term consolidated Indebtedness of Holdings, the Parent Borrower and the consolidated Subsidiaries is effectively subject to will be comprised of Indebtedness bearing interest at a fixed rate or the interest cost of interestwhich will be effectively fixed or limited pursuant to such interest rate protection agreements.

Interest Rate Protection. As promptly as practicable, and in any event within 90 no later than 120 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date 15 months will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50fix or limit the interest cost to the Borrower with respect to 25% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Parent Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Parent Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within even no later than 90 days after the Restatement Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date 18 months will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50fix or limit the interest cost to the Borrower with respect to 35% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three two years after the Effective Date will maintain in effect, one or more interest rate protection agreements Swap Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and after giving effect to the consolidated Subsidiaries is effectively subject to a fixed rate of interestRedemption.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and its Subsidiaries and the consolidated Subsidiaries is effectively subject to a fixed SPE (after taking into account all fixed-rate of interestLong-Term Indebtedness).

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Closing Date, the Parent Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Parent Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, Consolidated Total Funded Debt at the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestClosing Date.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements Hedging Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestBorrower.

Interest Rate Protection. As promptly as practicable, ------------------------- and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 120 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three two years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory agreements, to the Administrative Agent, extent necessary to fix or limit the effect of which shall be interest cost to ensure that the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower (after taking into account all fixed-rate Long-Term Indebtedness), excluding Revolving Loans and the consolidated Subsidiaries is effectively subject to a fixed rate Indebtedness in respect of interestLetters of Credit and Capital Leases.

Interest Rate Protection. As promptly as practicable, ------------------------- and in any event within 90 60 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, into one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be substantially to ensure that at least 50% mitigate the risk of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed interest rate of interestvariations.

Interest Rate Protection. As promptly as ------------------------- practicable, and in any event within 90 180 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three five years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50% fix or limit the interest cost to the Borrower with respect to a percentage of the outstanding Long-Term Indebtedness of Holdings, the Borrower and to be reasonably satisfactory to the consolidated Subsidiaries is effectively subject to a fixed rate of interestAdministrative Agent.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, and in any event within 90 120 days after the Effective Closing Date, the Borrower will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit during such three-year period the interest cost to the Borrower with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.

Interest Rate Protection. As promptly as practicable, ------------------------- and in any event within 90 180 days after the Effective Date, the Borrower Borrowers will enter into, and thereafter for a period of not less than three two and one-half years after the Effective Date will maintain in effect, one or more interest rate protection agreements as and to the extent necessary to achieve interest rate hedging reasonably satisfactory to the Administrative Agent and on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interest.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower will will, to the extent necessary, enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements Swap Agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure such that at least 5040% of the outstanding principal amount of Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to will bear interest at a fixed or limited rate or the interest cost in respect of interestwhich will be fixed or limited.

Interest Rate Protection. As promptly as practicable, and in any event within 90 days after the Effective Date, the Borrower Company will enter into, and thereafter for a period of not less than three years after the Effective Date will maintain in effect, one or more interest rate protection agreements on such terms and with such parties as shall be reasonably satisfactory to the Administrative Agent, the effect of which shall be to ensure that fix or limit the interest cost to the Borrowers with respect to at least 50% of the outstanding Long-Term Indebtedness of Holdings, the Borrower and the consolidated Subsidiaries is effectively subject to a fixed rate of interestLoans.