Calculation of Obligations under Hedge Agreements. Any calculation of obligations outstanding under a Hedge Agreement for purposes of this Agreement or any other Security Document shall be made based on the Hedge Outstanding Amount thereunder.
Appears in 2 contracts
Samples: Collateral Agency and Intercreditor Agreement, Collateral Agency and Intercreditor Agreement (Intelsat S.A.)
Calculation of Obligations under Hedge Agreements. Any calculation of obligations outstanding under a Hedge Agreement Document for purposes of this Agreement or any other First Lien Security Document shall be made based on the Hedge Agreement Outstanding Amount thereunder.
Appears in 2 contracts
Samples: Collateral Trust and Intercreditor Agreement, Collateral Trust and Intercreditor Agreement (CVR Energy Inc)
Calculation of Obligations under Hedge Agreements. Any calculation of obligations outstanding under a Hedge Agreement Document for purposes of this Agreement or any other Security Document shall be made based on the Hedge Agreement Outstanding Amount thereunder, subject to clause (2) of the definition of “Required Secured Debtholders” with respect to the J. Xxxx Xxxxx Agreement for purposes of determining “Required Secured Debtholders”.
Appears in 2 contracts
Samples: Collateral Trust and Intercreditor Agreement, Collateral Trust and Intercreditor Agreement (Northern Tier Retail LLC)
