Swaps. No Credit Party is a party to, nor will it be a party to, any swap agreement whereby such Credit Party has agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either party.
Appears in 14 contracts
Samples: Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Perma Fix Environmental Services Inc), Credit and Security Agreement (Emerge Energy Services LP)
Swaps. No Credit Loan Party is a party to, nor will it be a party to, any swap agreement whereby such Credit Loan Party has agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either party.
Appears in 7 contracts
Samples: Term Loan Credit and Security Agreement (Quantum Corp /De/), Security Agreement (Quantum Corp /De/), Security Agreement (Quantum Corp /De/)
Swaps. No Credit Loan Party is a party to, nor will it be a party to, any swap agreement whereby such Credit any Loan Party has agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either party.
Appears in 3 contracts
Samples: Revolving Creditandsecurity Agreement (TCP International Holdings Ltd.), Security Agreement (TCP International Holdings Ltd.), Security Agreement (TCP International Holdings Ltd.)
Swaps. No Credit Loan Party is a party to, nor will it be a party to, any swap agreement whereby such Credit Party it has agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either party.
Appears in 2 contracts
Samples: Loan and Security Agreement (Vision-Ease Lens, Inc.), Loan and Security Agreement (Vision-Ease Lens CORP)
Swaps. No Credit Loan Party is a party to, nor will it be a party to, any speculative swap agreement whereby such Credit Loan Party has agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either party.
Appears in 1 contract
Samples: Security Agreement (Maxum Petroleum Holdings, Inc.)
Swaps. No Credit Party is Parties are not a party to, nor will it they be a party to, any swap agreement whereby such Credit Party has Parties have agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either party.
Appears in 1 contract
Swaps. No Credit Party is a party to, nor will it be a party to, any swap agreement Interest Rate Hedge or foreign exchange transaction whereby such Credit Party has agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either partycurrencies.
Appears in 1 contract
Samples: Financing Agreement (Cpac Inc)
Swaps. No Credit Party or Subsidiary thereof is a party to, nor will it be a party to, any swap agreement whereby such Credit Party has agreed or will agree to swap interest rates or currencies unless same provides that damages upon termination following an event of default thereunder are payable on an unlimited “two-way basis” without regard to fault on the part of either party.
Appears in 1 contract
Samples: Term Loan and Security Agreement (Direct Digital Holdings, Inc.)
