Affirmative Hedging Requirement. The Borrower shall, and/or shall cause the Hedging SPEs to, maintain at all times any interest rate or currency rate protection arrangements which, in the Borrower's good faith judgment, are advisable to reduce the Borrower's exposure to material interest rate or currency rate risk.
Appears in 3 contracts
Samples: Credit Agreement (Special Value Opportunities Fund LLC), Credit Agreement (Special Value Continuation Partners, LP), Credit Agreement (Special Value Expansion Fund, LLC)
Affirmative Hedging Requirement. The Borrower shall, and/or shall cause the Hedging SPEs to, maintain at all times any interest rate or currency rate protection arrangements which, in the Borrower's good faith judgment, are advisable and permitted hereunder to reduce the Borrower's exposure to material interest rate or currency rate risk.
Appears in 1 contract
Samples: Credit Agreement (Tennenbaum Opportunities Partners V, LP)
Affirmative Hedging Requirement. The Borrower shall, and/or shall cause the Hedging SPEs to, maintain at all times any interest rate or currency rate protection arrangements which, in the Borrower's ’s good faith judgment, are advisable to reduce the Borrower's ’s exposure to material interest rate or currency rate risk.
Appears in 1 contract
Samples: Credit Agreement (Special Value Continuation Partners, LP)
