Interest Rate Swaps. If the Borrowers wish to enter into any interest rate swaps in respect of the Loan or any part thereof, they must do so with the Swap Bank under the Master Agreement.
Appears in 2 contracts
Samples: Navios Maritime Holdings Inc., Navios Maritime Acquisition CORP
Interest Rate Swaps. If the Borrowers wish to enter into any interest rate swaps in respect of the Loan or any part thereof, they must must, provided that the Swap Bank is offering competitive rate and provided that the Lenders agree, do so with the Swap Bank under the Master AgreementDeutscher Rahmenvertrag.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Navios Maritime Acquisition CORP
Interest Rate Swaps. If the Borrowers wish Borrower wishes to enter into any interest rate swaps in respect of the Loan or any part thereof, they must it must, provided that the Swap Bank is offering competitive rates and terms, do so with the Swap Bank under the Master Agreement.
Appears in 1 contract
Samples: Agreement (Box Ships Inc.)
Interest Rate Swaps. If the Borrowers wish to enter into any interest rate swaps in respect of the Loan or any part thereof, they must must, provided that the Swap Bank is offering competitive rates, do so with the Swap Bank under the Master Agreement.
Appears in 1 contract
