Common use of Interest Hedge Agreements Clause in Contracts

Interest Hedge Agreements. Company shall maintain an Interest Hedge Agreement or Agreements such that, after giving effect to such Interest Hedge Agreements, at least 50% of the aggregate Indebtedness of the Company and its Subsidiaries outstanding at any time is subject to a fixed interest rate per annum for a term of at least two years.

Appears in 3 contracts

Samples: Credit Agreement (Franchise Finance Corp of America), Credit Agreement (Franchise Finance Corp of America), Credit Agreement (Franchise Finance Corp of America)

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Interest Hedge Agreements. Company shall maintain an Interest Hedge Agreement or Agreements such that, after giving effect to such Interest Hedge Agreements, at least 50% of the aggregate Indebtedness of the Company and its Subsidiaries outstanding at any time is subject to a fixed interest rate per annum for a term of at least two years.

Appears in 2 contracts

Samples: Guaranty Agreement (Franchise Finance Corp of America), Credit Agreement (Franchise Finance Corp of America)

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Interest Hedge Agreements. Company shall maintain an Interest Hedge Agreement or Agreements such that, after giving effect to such Interest Hedge Agreements, at least 50% of the aggregate Indebtedness of the Company and its Subsidiaries outstanding at any time is subject to a fixed interest rate per annum for a term of at least two years.. -50-

Appears in 1 contract

Samples: Credit Agreement (Franchise Finance Corp of America)

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