Common use of Interest Rate Protection Agreements Clause in Contracts

Interest Rate Protection Agreements. In the case of the U.S. Borrower, as promptly as practicable and in any event within 90 days after the Closing Date, enter into, and for a period of not less than three years after the Closing Date will maintain in 103 effect, one or more Swap Agreements with one or more of the Lenders (or Affiliates thereof), the effect of which is that at least 50% of Consolidated Total Debt will bear interest at a fixed rate or the interest cost in respect of which 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 Agreements. In the case of the U.S. Borrower, as promptly as practicable and in any event within 90 days after the Closing Date, enter into, and for a period of not less than three years after the Closing Date will maintain in 103 effect, one or more Swap Agreements with one or more of the Lenders (or Affiliates thereof), the effect of which is that at least 50% of Consolidated Total Debt will bear interest at a fixed rate or the interest cost in respect of which 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 Agreements. In the case of the U.S. Term Borrower, as promptly as practicable and in any event within 90 180 days after the Closing Date, enter into, and for a period of not less than three years after the Closing Date will maintain in 103 effect, one or more Swap Agreements with one or more of the Lenders (or Affiliates thereof)Agreements, the effect of which is that at least 50% of Consolidated Total Net Debt will bear interest at a fixed or capped rate or the interest cost in respect of which will be fixedfixed or capped, in each case on terms and conditions reasonably acceptable, taking into account current market conditions, to the Administrative Agent.

Interest Rate Protection Agreements. In the case of the U.S. Borrower, as As promptly as practicable and in any event within 90 days after the Closing Date, enter into, and for a period of not less than three years after the Closing Date will maintain in 103 effect, one or more Swap Agreements with one or more of the Lenders (or Affiliates thereof), the effect of which is that at least 50% of Consolidated Total Debt (other than any Indebtedness under Revolving Facility Borrowings) will bear interest at a fixed or capped rate or the interest cost in respect of which will be fixedfixed or capped, 104 in each case on terms and conditions reasonably acceptable, taking into account current market conditions, to the Administrative Agent.

Interest Rate Protection Agreements. In the case of the U.S. Borrower, as promptly as practicable and in any event within 90 days after the Closing Date, enter into, and for a period of not less than three years after the Closing Date will maintain in 103 effect, one or more Swap Agreements with one or more of the Lenders (or Affiliates thereof), the effect of which is that at least 50% of Consolidated Total Debt will bear interest at a fixed or capped rate or the interest cost in respect of which will be fixedfixed or capped, in each case on terms and conditions reasonably acceptable, taking into account current market conditions, to the Administrative Agent.