Common use of Lender Hedging Obligations Clause in Contracts

Lender Hedging Obligations. To the extent any Affiliate of a Lender is a party to a Hedging Contract with a Borrower or any Guarantor and thereby becomes a beneficiary of the Liens pursuant to the Security Documents, such Affiliate of a Lender shall be deemed to appoint the Administrative Agent and Collateral 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 Article and Section 10.4.

Appears in 5 contracts

Samples: Credit Agreement (Mid-Con Energy Partners, LP), Credit Agreement (Mid-Con Energy Partners, LP), Credit Agreement (Mid-Con Energy Partners, LP)

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