Hedging Arrangements. To the extent any Affiliate of a Lender is a party to a Hedging Agreement with the Borrowers and thereby becomes a beneficiary of the Liens described in Section 4.16 hereof pursuant to the Security Documents, such Affiliate of a Lender shall be deemed to appoint the Administrative Agent its nominee and agent, to act for and on behalf of such Affiliate in connection with the Security Documents and to be bound by the terms of this Section 10.
Appears in 7 contracts
Samples: Credit Agreement (EP Energy Corp), Credit Agreement (El Paso Corp/De), Credit Agreement (El Paso CGP Co)
