Swap Transactions. (a) If, at any time during the Security Period, the Borrower wishes to enter into swap Transactions so as to (inter alia) hedge all or any part of its exposure under this Agreement to interest rate fluctuations, it shall advise the Bank in writing.
Appears in 2 contracts
Samples: Agreement (Top Ships Inc.), Loan Agreement (StealthGas Inc.)
Swap Transactions. (a) If, at any time during the Security Period, the Borrower wishes Borrowers wish to enter into swap Transactions so as to (inter alia) hedge all or any part of its exposure under this Agreement to interest rate fluctuations, it they shall advise the Bank in writing.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Swap Transactions. (a) If, at any time during the Security Period, the Borrower wishes to enter into swap Transactions so as to (inter alia) hedge all or any part of its their exposure under this Agreement to interest rate fluctuations, it shall advise the Bank in writing.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Swap Transactions. (a) If, at any time during the Security Period, the Borrower wishes Borrowers wish to enter into swap Transactions so as to (inter alia) hedge all or any part of its their exposure under this Agreement to interest rate fluctuations, it shall advise the Bank in writing.
Appears in 1 contract
Samples: Loan Agreement (Costamare Inc.)
