Hedging Policy. Pursuant to the Entergy Corporation Policy Relating to Hedging, as adopted by the Company’s Board of Directors at its meeting held on December 3, 2010, officers, directors and employees are prohibited from entering into hedging or monetization transactions involving Common Stock so they continue to own Common Stock with the full risks and rewards of ownership, thereby ensuring continued alignment of their objectives with the Company’s other shareholders. Participation in any hedging transaction with respect to Common Stock (including Options) is prohibited.
Hedging Policy. The Hedging Policy has been approved by the Board of Directors of the Company (or by a committee duly delegated by such Board of Directors that is comprised of two or more members thereof) and is currently in effect.
Hedging Policy. The Bank shall have received Financial's policy and procedures with respect to hedging transactions, a copy of which shall be attached hereto as Exhibit D (the "Hedging Policy"), certified by a Responsible Officer.
Hedging Policy. The Borrower has implemented an interest rate hedging policy for the purpose of evaluating when it may be appropriate to implement a hedging strategy which would seek to provide providing protection against fluctuations in interest rates and the Borrower will maintain such hedging policy during the term of this Agreement.
Hedging Policy. With respect to the first Transaction occurring on or after August 6, 2021, Buyer shall have approved Seller’s hedging policy with respect to the Purchased Assets that are Prime Jumbo Mortgage Loans and Agency Mortgage Loans.
Hedging Policy. (a) The Borrower shall establish and maintain, as of and after the Closing Date, a hedging policy (“Hedging Policy”) consistent with the criteria and provisions set forth on Exhibit D hereto, and with any changes in such Hedging Policy to be made subject to the provisions set forth on Exhibit D.
(b) The Borrower shall implement and comply with its Hedging Policy as in effect from time to time by entering into Eligible Hedge Agreements with Eligible Counterparties as necessary to so comply.
Hedging Policy. (a) No Obligor shall enter into any interest and currency hedging, or other derivative transactions, for speculative purposes.
(b) The Borrowers shall hedge their interest and currency rate exposure in accordance with the Hedging Letter, and no amendments shall be made to the hedging policy set out therein without the prior written consent of the Agent.
Hedging Policy. Fail to comply in all material respects with the Hedging Policy, change the Hedging Policy in any material way, or terminate the Hedging Policy, in each case without prior notice to the Agent.
Hedging Policy. The Canadian Administrative Agent shall have received a copy of the Hedging Policy.
Hedging Policy. On the Closing Date, the Borrower will enter into the Initial Swap pursuant to the Hedging Policy and the expected schedule of Delivery Dates. On the expiry of the Availability Period, if not all of the Eligible Aircraft have been financed under the Facility or if the Delivery Date in respect of any Financed Aircraft takes place on a date which is not the estimated Delivery Date for such Financed Aircraft, then the Borrower shall adjust the hedging arrangements to reflect the final amounts of the Loan and the Junior Loan and shall ensure that the adjusted hedging arrangements are based on the fixed rates of interest under the leases applicable on the Delivery Date, as if such adjusted hedging arrangements had been entered into on the Delivery Date and any Break Costs or premium payable by the Borrower in respect of such adjustments to the hedging arrangements shall be paid by the Subordinated Note Holder.5 5 AerCap to provide amended wording.
