Common use of Hedging of interest rate risks Clause in Contracts

Hedging of interest rate risks. The Borrower shall from time to time enter into Designated Transactions with the Swap Bank in order to hedge all the interest rate risk under this Agreement.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement

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Hedging of interest rate risks. The Borrower shall from time to time enter into such Designated Transactions with the Swap Bank in order so as to hedge all or the major part of the interest risk under this Agreement (but in any event not less than 50 per cent. of the interest rate risk under this AgreementAgreement outstanding at any time during the period commencing on the date of this Agreement until not earlier than the date falling on the third anniversary of the Drawdown Date).

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Hedging of interest rate risks. The Each Borrower shall may from time to time enter into Designated Transactions with the Swap Bank in order to hedge all or part of the interest rate risk under this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Hedging of interest rate risks. The Borrower shall from time may enter, subject to time enter the Swap Bank’s consent, into such Designated Transactions with the Swap Bank in order whereby for the period from the Effective Date and up to and including the Final Maturity Date, it will hedge all or the major part of the interest rate risk under this AgreementAgreement in respect of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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Hedging of interest rate risks. The Borrower shall may, from time to time time, enter into Designated Transactions with the Swap Bank in order to hedge for the purpose of hedging all or the major part of the interest rate risk under this AgreementAgreement throughout the Security Period.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Hedging of interest rate risks. The Borrower shall from time may enter, subject to time enter the Swap Bank's consent, into such Designated Transactions with the Swap Bank in order whereby for the period from the Effective Date and up to and including the Final Maturity Date, it will hedge all or the major part of the interest rate risk under this AgreementAgreement in respect of the Loan.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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