Common use of Rate Hedging Obligations Clause in Contracts

Rate Hedging Obligations. The Borrower shall, at all times from and after the date that is 120 days after the Closing Date, maintain in full force and effect, for an average term of two years, agreements in form and substance reasonably satisfactory to the Agent regarding Rate Hedging Obligations so that the sum (without duplication) of (a) the notional amount subject to such agreements and (b) the aggregate principal amount of all Total Debt which bears interest at a fixed interest rate equals at all times at least 50% of the aggregate principal amount of all Total Debt of the Borrower and its Subsidiaries.

Rate Hedging Obligations. The Borrower shall, at all times from and after the date that is 120 shall within forty-five days after the Closing Dateenter into, and shall at all times thereafter maintain in full force and effect, for agreements having an average initial term of two years, agreements at least three years and in form and substance reasonably satisfactory to the Agent regarding Rate Hedging Obligations so that the sum (without duplication) of (a) the notional amount subject to such agreements and (b) the aggregate principal amount of all Total Debt which bears interest at a fixed interest rate equals at all times at least 50% of the aggregate principal amount of all Total Debt of the Borrower and its Subsidiaries.and

Rate Hedging Obligations. The Borrower shall, at all times from and after the date that is 120 shall within sixty (60) days after the Closing Dateenter into, and shall at all times thereafter maintain in full force and effect, for an average term of two years, agreements in form and substance reasonably satisfactory to the Administrative Agent regarding Rate Hedging Obligations so that the sum (without duplication) of (a) the notional amount subject to such agreements and (b) agreements, plus the aggregate principal amount of all Total Debt which bears interest at a fixed interest rate equals equals, at all times times, at least fifty percent (50% %) of the aggregate principal amount of all Total Debt of the Borrower and its Subsidiariesthen outstanding.