Common use of Interest Rate Swaps Clause in Contracts

Interest Rate Swaps. Buyer agrees (i) to invite each counterparty to any interest rate swap to participate in the senior bank facilities of ▇▇▇▇▇▇▇ Group referred to in the Financing Commitments and (ii) if any such counterparty declines such invitation, request affiliates of Banc of America Securities LLC to assume such swaps on substantially equivalent terms, and in each case to use commercially reasonable efforts to cause such counterparty to waive any default, event of default or termination event that may result from the consummation of the transactions contemplated by this Agreement.