Common use of DERIVATIVE DOCUMENTS Clause in Contracts

DERIVATIVE DOCUMENTS. On or prior to July 14, 2014, Borrower shall enter into an interest rate swap transaction with Lender or with another counterparty reasonably acceptable to Lender (such transaction, together with all documents and agreements relating thereto, including any ISDA Master Agreement, Schedule and/or Confirmation, together with all modifications, extensions, renewals and replacement thereof, is hereinafter referred to as the “Swap Contract”) to cover a notional amount of not less than 100% of the outstanding principal amount of the Loan for the full term of the Loan and shall maintain in full force and effect such Swap Contract for the full term of the Loan.” (c) Section 8.1(l) of the Loan Agreement is hereby amended by inserting the following at the end thereof:

Appears in 2 contracts

Samples: Loan Agreement (AAC Holdings, Inc.), Loan Agreement (AAC Holdings, Inc.)

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DERIVATIVE DOCUMENTS. On or prior to July 14, 2014, Borrower shall enter into an interest rate swap transaction with Lender or with another counterparty reasonably acceptable to Lender (such transaction, together with all documents and agreements relating thereto, including any ISDA Master Agreement, Schedule and/or Confirmation, together with all modifications, extensions, renewals and replacement thereof, is hereinafter referred to as the “Swap Contractswap contract”) to cover a notional amount of not less than 100% of the outstanding principal amount of the Loan for the full term of the Loan and shall maintain in full force and effect such Swap Contract swap contract for the full term of the Loan.” (c) Section 8.1(l9.1(m) of the Loan Agreement is hereby amended by inserting the following at the end thereof:

Appears in 2 contracts

Samples: Loan Agreement (AAC Holdings, Inc.), Loan Agreement (AAC Holdings, Inc.)

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DERIVATIVE DOCUMENTS. On or prior to July 14December 31, 2014, Borrower shall enter into an interest rate swap transaction with Lender or with another counterparty reasonably acceptable to Lender (such transaction, together with all documents and agreements relating thereto, including any ISDA Master Agreement, Schedule and/or Confirmation, together with all modifications, extensions, renewals and replacement thereof, is hereinafter referred to as the “Swap Contract”) to cover a notional amount of not less than 100% of the outstanding principal amount of the Loan for the full term of the Loan and shall maintain in full force and effect such Swap Contract for the full term of the Loan.” (c) Section 8.1(l8.1(k) of the Loan Agreement is hereby amended by inserting the following at the end thereof:

Appears in 2 contracts

Samples: Loan Agreement and Note (AAC Holdings, Inc.), Loan Agreement (AAC Holdings, Inc.)

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