Interest Rate Hedge. An interest rate swap or interest cap agreement providing interest rate protection for interest payable at a variable rate.
Interest Rate Hedge. In the event that Borrower desires to enter into an Interest Rate Hedge with respect to the Obligations, Borrower shall deliver to Agent a collateral assignment of such Interest Rate Hedge in form and substance reasonably satisfactory to Agent (together with resolutions, opinions and other matters as Agent may reasonably require).
Interest Rate Hedge. Borrower may enter into an Interest Rate Hedge for all or any portion of the Loan on such terms and conditions as are acceptable to Lender. At Borrower’s request, PNC Capital Markets will provide a proposal for such Interest Rate Hedge.
Interest Rate Hedge. The term “INTEREST RATE HEDGE” means, with respect to any referenced PERSON, an interest rate swap, hedge, cap or collar agreement or similar arrangement between such PERSON and one or more financial institutions providing for the transfer or mitigation of interest risks either generally or under specific contingencies.
Interest Rate Hedge. The Obligors may hedge their interest rate exposure on all or a portion of the Term Loan by entering into an interest rate hedge agreement with Lender or another counterparty acceptable to Lender. Any documentation relating to such hedge shall contain standard provisions, including make whole provisions, acceptable to Lender.
Interest Rate Hedge. Borrower may enter into an Interest Rate Hedge on terms and conditions acceptable to Lender.
Interest Rate Hedge. The Issuer will not enter into any Interest Rate Hedge after the Closing Date unless (i) as of the date that such Interest Rate Hedge is entered into, the related Hedge Counterparty has the Hedge Required Ratings and (ii) such Interest Rate Hedge provides that, if the related Hedge Counterparty fails to have the Hedge Required Ratings, such Hedge Counterparty will take the actions that are specified in the Interest Rate Hedge entered into by the Issuer on the Closing Date. Promptly following the termination of any Interest Rate Hedge due to an Event of Default or Termination Event (as each such term is defined in such Interest Rate Hedge), the Issuer will use reasonable efforts to enter into a replacement interest rate hedge on terms similar to those of such terminated Interest Rate Hedge with an eligible hedge counterparty unless the Indenture Trustee sells the Collateral pursuant to Section 5.6(a)(iv).]
Interest Rate Hedge. [Reserved]
Interest Rate Hedge. Within sixty (60) days of the Effective Date, Borrower shall enter into, and deliver evidence to Agent of, an Interest Rate Hedge with respect to the Obligations (i) in a minimum notional principal amount of $115,000,000.00, (ii) for such period equal to the remaining term of the Loans, and (iii) with such other terms and conditions reasonably acceptable to Agent.
Interest Rate Hedge. Within ninety (90) days of the Closing Date, Borrower shall enter into an Interest Rate Hedge for at least $5,000,000. Documentation for the Interest Rate Hedge must conform to ISDA standards and must be acceptable to Agent with respect to any intercreditor issues.
