Qualifying Interest Rate Hedging Agreements definition

Qualifying Interest Rate Hedging Agreements means such Interest Rate Hedging Agreements as may be entered into from time to time pursuant to Section 6.12 above between any or all of the Borrowers, on the one hand, and any Lender Party, on the other hand.
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Qualifying Interest Rate Hedging Agreements shall be amended in its entirety to read as follows:
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Qualifying Interest Rate Hedging Agreements at any time shall mean Interest Rate Hedging Agreements to which Genesis is a party and which is on terms and conditions (including without limitation the counterparties thereto) satisfactory to the Agent; provided, however, the notional amounts covered by all such Interest Rate Hedging Agreements at any time outstanding shall not exceed $50,000,000 in the aggregate. With respect to any Qualifying Interest Rate Hedging Agreement having a Lender as the counterparty, the Agent shall, if requested by Genesis, consent to a joinder supplement to the Collateral Agency Agreement whereby, subject to the terms of the Collateral Agency Agreement, such Qualifying Interest Rate Hedging Agreement shall be entitled to the security provided for in the Security Documents.
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Examples of Qualifying Interest Rate Hedging Agreements in a sentence

  • No Loan Party shall designate any of its Indebtedness as "Designated Senior Indebtedness" for purposes of the 1997 Subordinated Note Indenture except Indebtedness incurred pursuant to this Agreement, the other Loan Documents, or Qualifying Interest Rate Hedging Agreements.

  • Genesis shall, from time to time, enter into one or more Qualifying Interest Rate Hedging Agreements to the extent necessary to ensure that at all times at least 30% of the Consolidated Funded Indebtedness of the Borrowers effectively bears, or is capped at, a fixed interest rate.

  • No Borrower shall designate any of its Indebtedness as "Designated Senior Indebtedness" for purposes of the 1995 Subordinated Note Indenture or 1996 Subordinated Note Indenture except Indebtedness incurred pursuant to this Agreement, the other Loan Documents, Qualifying Interest Rate Hedging Agreements or the Synthetic Lease Facility.

  • No Borrower shall designate any of its Indebtedness as "Designated Senior Indebtedness" for purposes of the 1995 Subordinated Note Indenture, or the 1996 Subordinated Note Indenture or the 1998 Subordinated Note Indenture except Indebtedness incurred pursuant to this Agreement, the other Loan Documents, Qualifying Interest Rate Hedging Agreements or the Synthetic Lease Facility.