Currency Hedging Agreements Sample Clauses
A Currency Hedging Agreements clause establishes the terms under which parties manage the risks associated with fluctuations in foreign exchange rates. Typically, this clause outlines the procedures for entering into hedging contracts, specifies which currencies and transactions are covered, and may detail the responsibilities for costs or losses arising from such agreements. Its core practical function is to protect parties from adverse currency movements, thereby providing financial certainty and stability in cross-border transactions.
Currency Hedging Agreements. 4 Custodian........................................................ 4
Currency Hedging Agreements. Within 90 days of the Chips Closing Date, enter into currency hedge agreements in an amount satisfactory to the US Borrower and otherwise reasonably satisfactory to the Administrative Agent which protect the US Borrower against adverse fluctuations of Dollars against Pounds Sterling.
Currency Hedging Agreements. 11 Deadline.................................................................................................. 11 Default................................................................................................... 11 Depositary................................................................................................ 11 Designated Non-cash Consideration......................................................................... 11