Common use of Interest Rate Hedging Agreements Clause in Contracts

Interest Rate Hedging Agreements. The Borrower will maintain one or more Interest Rate Hedging Agreements that will obligate the Borrower or the applicable Eligible Interest Rate Hedge Counterparty to make a Periodic Hedge Payment on each Payment Date. Any Hedge Payments (including Hedge Termination Payments) shall be deposited by the Borrower directly into the Trust Account and shall be distributed in accordance with Section 2.5.

Interest Rate Hedging Agreements. The Borrower will maintain one or more Interest Rate Hedging Agreements that will obligate the Borrower or the applicable Eligible Interest Rate Hedge Counterparty to make a Periodic Hedge Payment on each Payment Date. Any Each Interest Rate Hedge Payments Counterparty shall be, on the date on which the related Interest Rate Hedging Agreement is entered into, (including Hedge Termination Paymentsi) shall be deposited by the Borrower directly into the Trust Account a bank that has both (A) a long term unsecured debt rating of at least “A-” or better from S&P and shall be distributed in accordance with Section 2.5.“A3” or better from

Interest Rate Hedging Agreements. The Borrower will maintain one or more Interest Rate Hedging Agreements that will obligate the Borrower or the applicable Eligible Interest Rate Hedge Counterparty to make a Periodic Hedge Payment on each Payment Date; provided that any such Interest Rate Hedging Agreements shall have been entered into for non-speculative purposes and in the ordinary course of business. Any Periodic Hedge Payments (including Payment or Hedge Termination Payments) Payment shall be deposited by by, or on behalf of, the Borrower directly into the Trust Collection Account and shall be distributed in accordance with Section 2.5.3.2