Rate Protection. The Borrower will not at any time permit less than fifty percent (50%) of the outstanding principal amount of the obligations of the Borrower and the Guarantors described in clauses (i), (iv) and (viii) of the definition of "Indebtedness," on a consolidated basis, to be Fixed Rate Debt.
Appears in 3 contracts
Samples: Credit Agreement (U S Home Corp /De/), Assignment Agreement (U S Home Corp /De/), Credit Agreement (U S Home Corp /De/)
Rate Protection. The Borrower will not at any time permit less than fifty percent (50%) of the outstanding principal amount of the obligations of the Borrower and the Guarantors described in clauses (i), (iv) and (viii) of the definition of "Indebtedness," on a consolidated basis, to be Fixed Rate Debt.
Appears in 2 contracts
Samples: Credit Agreement (U S Home Corp /De/), Credit Agreement (U S Home Corp /De/)
