Common use of Lender Hedging Agreements Clause in Contracts

Lender Hedging Agreements. The Borrower shall have entered into Lender Hedging Agreements satisfactory to the Administrative Agent, which agreements shall provide coverage in a notional amount equal to at least 75% of the Loans to be advanced on the Initial Disbursement Date and for a duration of at least five (5) years from the Initial Disbursement Date.

Lender Hedging Agreements. The Borrower shall have entered into Lender Hedging Agreements satisfactory to the Administrative Agent, which agreements shall provide coverage in a notional amount equal to at least 75% of the Loans to be advanced on the Initial Second Disbursement Date and for a duration of at least five (5) years from the Initial Second Disbursement Date.