Interest Rate Hedging. Enter into prior to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility and providing for such Persons to make payments thereunder for a period of no less than three years.
Appears in 2 contracts
Sources: Second Lien Credit Agreement (Metrologic Instruments Inc), First Lien Credit Agreement (Metrologic Instruments Inc)
Interest Rate Hedging. Enter into prior to on or before the 90th day after date that is 75 days following the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility $425,000,000 and providing for such Persons to make payments thereunder for a period of no less than three years.
Appears in 2 contracts
Sources: Second Lien Credit Agreement (US Power Generating CO), First Lien Credit Agreement (US Power Generating CO)
Interest Rate Hedging. Enter into prior to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons in form reasonably acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility and providing for such Persons to make payments thereunder for a period of no less than three years.
Appears in 2 contracts
Sources: Term Loan Credit Agreement (Express Parent LLC), Term Loan Credit Agreement (Express Parent LLC)
Interest Rate Hedging. Enter into prior to the 90th day date which is thirty days after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons reasonably acceptable to the Administrative Agent, covering a notional amount of not less than sufficient to cause the interest rate on 50% of the Term Commitments under Consolidated Debt of Holdings and its Subsidiaries as of the Term Facility and providing for Effective Date to be capped at a fixed rate (taking into account any such Persons to make payments thereunder for Indebtedness that by its terms bears interest at a period of no less than three yearsfixed rate).
Appears in 1 contract
Sources: Credit Agreement (Hexacomb CORP)
Interest Rate Hedging. Enter into prior to the 90th day after the Effective DateSeptember 30, 1999, and maintain for a period of at all times thereafterleast two years following entry, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility Facilities and providing for such Persons to make payments thereunder for a period of no less than three two years, such Hedge Agreements to be in form and substance satisfactory to the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (International Rectifier Corp /De/)
Interest Rate Hedging. Enter into prior within thirty (30) days subsequent to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under the Term Facility and providing for such Persons to make payments thereunder for a period of no not less than three years2 years at rates and on terms and conditions reasonably satisfactory to the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Grubb & Ellis Co)
Interest Rate Hedging. Enter into prior to the 90th day after the Effective Date, and maintain at all times thereafter, interest rate Hedge Agreements with Persons reasonably acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term B Commitments under all of the Term Facility Facilities and providing for such Persons to make payments thereunder for a period of no less than three years.
Appears in 1 contract
Interest Rate Hedging. Enter into prior to the 90th day 90 days after the Effective DateClosing, and maintain at all times thereafter, interest rate Hedge Agreements with Persons acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the Term Commitments under all of the Term Facility and providing for Facilities or such Persons other level acceptable to make payments thereunder for a period of no less than three yearsthe Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Headwaters Inc)