Common use of Interest Rate Protection Clause in Contracts

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 120 days after the Closing Date, Date enter into Hedge Agreements to the extent necessary to provide that at least 5040% of the sum of the aggregate principal amount of the outstanding Term Loans and of the Senior Subordinated Notes is are subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans Consolidated Total Debt and preferred stock of the Senior Subordinated Notes Parent is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, such Hedge Agreements to the extent as are necessary to provide (together with any existing Hedge Agreements entered into prior to the date hereof) that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes all Funded Debt at such time is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 270 days after the Closing Effective Date, enter into Hedge Agreements to the extent necessary to provide that at least 50a notional amount of 33 1/3% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 180 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes and the Tranche B Term Commitments existing immediately prior to the funding of the Initial Tranche B Term Loans is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Hedging Amount is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 270 days after the Closing Effective Date, enter into Hedge Agreements to the extent necessary to provide that at least 50a notional amount of 33 1/3% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative AgentAgents.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Consolidated Total Leverage is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 30 days after the Closing Date, enter into into, and thereafter maintain for a period of not less than three years, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Consolidated Total Debt is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Initial Borrowing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Loans is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Consolidated Total Debt is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount $125,000,000 of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 5033 1/3% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearsone year, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the $70,000,000 in aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is are subject to either a fixed interest rate or interest rate protection for a period of not less than three yearstwo years after the Closing Date, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and Funded Debt of the Senior Subordinated Notes Borrower and its Subsidiaries is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall otherwise have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days maintain for a period of at least two years after the Closing Date, enter into Date Hedge Agreements to the extent necessary to provide that at least 50% of the sum $375,000,000 of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearsprotection, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.”

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Acquisition Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes all Funded Debt at such time is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 5040% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes outstanding from time to time is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 180 days after the Closing Effective Date, enter into into, and thereafter maintain in full force and effect, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of total Indebtedness (including the Senior Subordinated Notes and other fixed rate indebtedness) is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearstwo years from the date of each such Hedge Agreement, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 30 days after the Closing Date, enter into and thereafter maintain Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 120 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Loan Facility is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the BorrowerBorrowers, within 60 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 5040% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the A/B/C Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall otherwise have terms and conditions reasonably satisfactory to the Administrative Syndication Agent.

Interest Rate Protection. In the case of the Borrower, within Within 60 days after the Closing Restatement ------------------------ Effective Date, enter into Hedge Agreements to the extent necessary to provide that at least 5033 1/3% of the sum of the aggregate principal amount of the Term Loans Funded Debt of Holdings and of the Senior Subordinated Notes its Subsidiaries is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the General Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the outstanding Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 180 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 5040% of the sum Funded Debt (excluding Total Revolving Extensions of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Credit) is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 120 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and outstanding Funded Debt of the Senior Subordinated Notes Group Members is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 180 ------------------------ days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the outstanding Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearssatisfactory to the Administrative Agent, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 Within ninety (90) days after following the Closing Date, enter into Hedge Agreements to the extent necessary to provide that Borrowers shall cause at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject Loan then outstanding to either a fixed interest rate or interest rate protection be hedged pursuant to Hedge Agreements for a period term of not less than at least three years, which Hedge Agreements shall have (3) years with a counterparty and on terms and conditions reasonably satisfactory acceptable to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection (including swaps and/or caps or collars) for a period of not less than three years, which Hedge Agreements shall shall, if such Hedge Agreements constitute Specified Hedge Agreements, have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. (a) In the case of the US Borrower, prior to or within 60 days after the Closing Date, enter into into, and thereafter maintain for a period of not less than three years, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearsprotection, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the all Term Loans and of the Senior Subordinated Notes is are subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 180 days after the Closing Funding Date, enter into Hedge Agreements to the extent necessary to provide that interest rate protection for at least 50% of the sum of the aggregate principal amount of the Term Loans and all Funded Debt of the Senior Subordinated Notes Borrower and its Subsidiaries through the use of interest rate swaps, caps, floors or other appropriate hedging arrangements is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 one hundred eighty (180) days after the Merger Closing DateDate (or such later date as the Administrative Agent may agree), enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Effective Date, enter into into, and thereafter maintain for a period of not less than three years, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Parent Borrower, ------------------------ within 60 90 days after the Initial Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 ------------------------ 180 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 5033% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative AgentAgents.

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes Borrower’s Funded Debt is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days maintain for a period of at least two years after the Closing Date, enter into Date Hedge Agreements to the extent necessary to provide that at least 50% of the sum $375,000,000 of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearsprotection, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Senior Unsecured Notes and the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 120 days after the Closing Delayed Draw Funding Date, enter into Hedge Agreements to the extent necessary to provide that at least 5025% of the sum Funded Debt of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either Borrower effectively bears interest at a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 45 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and Borrower's Funded Debt as of the Senior Subordinated Notes such date is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 days after the Closing Restatement Effective Date, enter into Hedge Agreements to the extent necessary to provide that at least 5030% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Primary Borrower, within 60 150 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 ------------------------ days after the Closing Date, enter into into, and thereafter maintain, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearsyears for the full amount of the Tranche A Term Loans, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 120 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 5025% of the sum Funded Debt of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either Borrower effectively bears interest at a fixed interest rate or interest rate protection for a period of not less than three two years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into into, and thereafter maintain for a period of not less than three years, Hedge Agreements to the extent necessary to provide that at least 50% of the sum of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 Within 90 days after the Closing Date, Borrower shall enter into Hedge Agreements to the extent necessary to provide that at least 5040% of the sum of the aggregate principal total amount of the Term Loans and of the Senior Subordinated Notes outstanding from time to time is subject to either a fixed interest rate or interest rate protection for a period of not less than three 2 years, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.

Interest Rate Protection. In the case of the Borrower, within 60 90 days after the Closing Date, enter into Hedge Agreements to the extent necessary to provide that at least 50% of the sum $25,000,000 of the aggregate principal amount of the Term Loans and of the Senior Subordinated Notes is subject to either a fixed interest rate or interest rate protection for a period of not less than three yearsthirty months, which Hedge Agreements shall have terms and conditions reasonably satisfactory to the Administrative Agent.