Common use of Hedging Requirements Clause in Contracts

Hedging Requirements. Upon prior written notice from the Agent to the Issuer and the Servicer, the Issuer shall enter into a Hedge Agreement with a Qualified Hedge Counterparty and upon execution thereof shall pledge all of the Issuer’s right, title and interest under such Hedge Agreement to the Indenture Trustee for the benefit of the Agent on behalf of the Purchasers pursuant to Section 2.3 hereof and the Indenture. Each Hedge Agreement shall be in form and substance satisfactory to the Agent, including, without limitation, having a notional amount based on the Required Hedge Amount.

Hedging Requirements. Upon prior written notice from the Agent to the Issuer and the Servicer, the Issuer Depositor shall enter into a Hedge Agreement with a Qualified Hedge Counterparty and upon execution thereof shall pledge all of the Issuer’s 's right, title and interest under such Hedge Agreement to the Indenture Trustee for the benefit of the Agent on behalf of the Purchasers Noteholders pursuant to Section 2.3 hereof and the Indenture. Each Hedge Agreement must satisfy the Required Hedge Amount and shall otherwise be in form and substance satisfactory to the Agent, including, without limitation, having a notional amount based on the Required Hedge Amount.

Hedging Requirements. Upon prior written notice from the Agent to the Issuer and the Servicer, the Issuer Depositor shall enter into a Hedge Agreement with a Qualified Hedge Counterparty and upon execution thereof shall pledge all of the Issuer’s 's right, title and interest under such Hedge Agreement to the Indenture Trustee for the benefit of the Agent on behalf of the Purchasers Owners pursuant to Section 2.3 hereof and the Indenture. Each Hedge Agreement must satisfy the Required Hedge Amount and shall otherwise be in form and substance satisfactory to the Agent, including, without limitation, having a notional amount based on the Required Hedge Amount.

Hedging Requirements. Upon prior written notice from the Agent Funding Agents to the Issuer and the Servicer, the Issuer shall enter into a Hedge Agreement with a Qualified Hedge Counterparty and upon execution thereof shall pledge all of the Issuer’s right, title and interest under such Hedge Agreement to the Indenture Trustee for the benefit of the Agent Funding Agents on behalf of the Purchasers Purchaser Groups pursuant to Section 2.3 hereof and the Indenture. Each Hedge Agreement shall be in form and substance satisfactory to the AgentFunding Agents, including, without limitation, having a notional amount based on the Required Hedge Amount.

Hedging Requirements. Upon prior written notice from the Agent to the Issuer and the Servicer, the Issuer shall enter into a Hedge Agreement with a Qualified Hedge Counterparty and upon execution thereof shall pledge all of the Issuer’s 's right, title and interest under such Hedge Agreement to the Indenture Trustee for the benefit of the Agent on behalf of the Purchasers pursuant to Section 2.3 hereof and the Indenture. Each Hedge Agreement shall be in form and substance satisfactory to the Agent, including, without limitation, having a notional amount based on the Required Hedge Amount.