Common use of Interest Rate Protection Agreements Clause in Contracts

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 days after the Closing Date, Interest Rate Protection Agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent as shall result in at least 50% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at a fixed rate or being hedged for a period of at least two years from the date the initial Interest Rate Protection Agreements were obtained.

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 No later than 180 days after the Closing Date, Interest Rate Protection the Borrower shall enter into, and for a minimum of three years after the Closing Date, Agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent as shall that result in at least 50% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at Consolidated Indebtedness being effectively subject to a fixed or maximum interest rate or being hedged for a period of at least two years from on terms reasonably acceptable to the date the initial Interest Rate Protection Agreements were obtainedAdministrative Agent.

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 days after the Closing Amendment and Restatement Date, Interest Rate Protection Agreements interest rate protection agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent Lead Arranger as shall result in at least 50% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at a fixed rate or being hedged for a period of at least two three years from the date the initial Interest Rate Protection Agreements interest rate protection agreements were obtained.

Interest Rate Protection Agreements. Borrower shall obtain, on or within Within 90 days after following the Closing Date, the Borrower shall have in place Interest Rate Protection Agreements having terms a duration of at least two years, in form and with counterparties reasonably substance satisfactory to the Administrative Agent as shall result Agent, in an amount equal to at least 50% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at a fixed rate or being hedged for a period of at least two years from the date the initial Interest Rate Protection Agreements were obtainedTerm Loans.

Interest Rate Protection Agreements. Borrower shall obtain, on ----------------------------------- or within 90 days after the Closing Date, Interest Rate Protection Agreements interest rate protection agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent Joint Lead Arrangers as shall result in effectively limiting the interest cost to the Borrower of at least 50% of the aggregate principal amount of the then outstanding Total Debt of the Borrower either bearing interest at a fixed rate or being hedged for a period of at least two three years from the date the initial Interest Rate Protection Agreements interest rate protections agreements were obtainedmade.

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 days after the Closing Date, Interest Rate Protection Agreements interest rate protection agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent Lead Arranger as shall result in at least 50% of the aggregate principal amount of then outstanding Total Debt of Borrower (as of the next Business Day after the consummation of the Change of Control Offer) either bearing interest at a fixed rate or being hedged for a period of at least two three years from the date the initial Interest Rate Protection Agreements interest rate protection agreements were obtained.

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 days after the Closing Date, Interest Rate Protection Agreements interest rate protection agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent Arrangers as shall result in at least effectively limiting the interest cost to the Companies of 50% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at a fixed rate or being hedged the Companies for a period of at least two three years from the date the initial Interest Rate Protection Agreements interest rate protection agreements were obtained.

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 days after the Closing Date, Interest Rate Protection Agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent and the Required Lenders as shall result in at least 50effectively limiting the interest cost to Borrower of 40% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at a fixed rate or being hedged Term Loans for a period of at least two three years from the date the initial Interest Rate Protection Agreements were obtained.

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 days after the Original Closing Date, Interest Rate Protection Agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent Co-Syndication Agents as shall result in effectively limiting the interest cost to the Companies of at least 50% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at a fixed rate or being hedged the Companies for a period of at least two three years from the date the initial Initial Interest Rate Protection Agreements were obtained.

Interest Rate Protection Agreements. Borrower shall obtain, on or within 90 days after the Closing Date, Interest Rate Protection Agreements having terms and with counterparties reasonably satisfactory to the Administrative Agent Lead Arranger as shall result in effectively limiting the interest cost to the Companies of at least 50% of the aggregate principal amount of then outstanding Total Debt of Borrower either bearing interest at a fixed rate or being hedged the Companies for a period of at least two three years from the date the initial Initial Interest Rate Protection Agreements were obtained.