Common use of No Hedging Clause in Contracts

No Hedging. (a) Other than in accordance with Clause 21.11 (Hedging Agreements) or by way of the Interest Rate Cap Agreements, the Borrower shall not, without the consent of the COFACE Agent, enter into any Hedging Agreement.

Appears in 3 contracts

Samples: Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

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No Hedging. (ac) Other than in accordance with Clause 21.11 (Hedging Agreements) or by way of the Interest Rate Cap Agreements, the Borrower shall not, without the consent of the COFACE Agent, enter into any Hedging Agreement.

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

No Hedging. (a) Other than in accordance with Clause 21.11 (Hedging Agreements) or by way of the Interest Rate Cap Agreements, the Borrower shall not, without the consent of the COFACE BPIFAE Agent, enter into any Hedging Agreement.. 130

Appears in 1 contract

Samples: Globalstar, Inc.

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No Hedging. (a) Other than in accordance with Clause 21.11 (Hedging Agreements) or by way of the Interest Rate Cap Agreements, the Borrower shall not, without the consent of the COFACE BPIFAE Agent, enter into any Hedging Agreement.

Appears in 1 contract

Samples: Operation and Maintenance Agreement (Globalstar, Inc.)

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