Common use of Derivative Transactions Clause in Contracts

Derivative Transactions. 2.9.1 If, at any time during the Security Period, the Borrowers wish to enter into interest rate swap or other derivative transactions so as to hedge all or any part of their exposure under this Agreement to interest rate fluctuations, they shall advise the Swap Provider in writing.

Appears in 8 contracts

Samples: Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Facility Agreement (Costamare Partners LP)

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Derivative Transactions. 2.9.1 If, at any time during the Security Period, the Borrowers wish to enter into interest rate swap or other derivative transactions so as to hedge all or any part of their exposure under this Agreement to interest rate fluctuations, they shall advise the Swap Provider Providers in writing.

Appears in 6 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Corporations and Companies (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

Derivative Transactions. 2.9.1 2.7.1 If, at any time during the Security Period, the Borrowers wish Borrower wishes to enter into any derivative transaction for any purpose whatsoever (including, without limitation, interest rate swap or other derivative transactions so as to hedge all or any part of their its exposure under this Agreement to interest rate fluctuations), they it shall advise the Swap Provider Bank in writing.

Appears in 4 contracts

Samples: Facility Agreement (Freeseas Inc.), Loan Agreement (Globus Maritime LTD), Loan Agreement (FreeSeas Inc.)

Derivative Transactions. 2.9.1 Iflf, at any time during the Security Period, the Borrowers wish to enter into interest rate swap or other derivative transactions so as to hedge all or any part of their exposure under this Agreement to interest rate fluctuations, they shall advise the Swap Provider Providers in writing.

Appears in 2 contracts

Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Derivative Transactions. 2.9.1 If, at any time during the Security Period, the Borrowers wish to enter into any interest rate swap or other derivative transactions so as to hedge all or any part of their exposure under this Agreement to interest rate fluctuations, they it shall advise the Swap Provider in writingwriting accordingly.

Appears in 2 contracts

Samples: Master Swap Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)

Derivative Transactions. 2.9.1 2.7.1 If, at any time during the Security Period, the Borrowers wish to enter into interest rate swap transactions or other derivative transactions so as to hedge all or any part of their exposure under this Agreement to interest rate fluctuations, they shall advise the Facility Agent and the Swap Provider in writingwriting accordingly.

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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Derivative Transactions. 2.9.1 If, at any time during the Security Period, the Borrowers wish to enter into interest rate swap or other derivative transactions so as to hedge with the Swap Provider for any purpose whatsoever, including for the benefit of the Group and/or for the purpose of hedging all or any part of their exposure under this Agreement to interest rate fluctuations, they shall advise the Swap Provider in writing.

Appears in 1 contract

Samples: Supplemental Agreement (Diana Shipping Inc.)

Derivative Transactions. 2.9.1 2.11.1 If, at any time during the Security Period, the Borrowers wish to enter into interest rate swap or other derivative transactions so as to hedge all or any part of their exposure under this Agreement to interest rate fluctuations, they shall advise the Swap Provider in writing.

Appears in 1 contract

Samples: Costamare Inc.

Derivative Transactions. 2.9.1 If, at any time during the Security Period, the Borrowers wish Borrower wishes to enter into interest rate swap or other derivative transactions so as to hedge with the Swap Provider for any purpose whatsoever, including for the benefit of the Group and/or for the purpose of hedging all or any part of their its exposure under this Agreement to interest rate fluctuations, they it shall advise the Swap Provider in writing.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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