Rights of Hedging Provider. Each Hedging Provider is a Finance Party and as such, will be entitled to share in the security constituted by the Security Documents in respect of any liabilities of the Borrower under the Hedging Contracts with such Hedging Provider in the manner and to the extent contemplated by the Finance Documents.
Appears in 4 contracts
Samples: Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.
Rights of Hedging Provider. Each Hedging Provider is a Finance Party and as such, will be entitled to share in the security constituted by the Security Documents in respect of any liabilities of the Borrower Borrowers under the Hedging Contracts with such Hedging Provider in the manner and to the extent contemplated by the Finance Documents.
Appears in 2 contracts
Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.
Rights of Hedging Provider. Each Hedging Provider is a Finance Party and and, as such, will be entitled to share in the security constituted by Transaction Security pari passu with the Security Documents other Finance Parties in respect of any liabilities of the Borrower under the Hedging Contracts with such Hedging Provider in the manner and to the extent contemplated by the Finance Documents.
Appears in 1 contract
Rights of Hedging Provider. Each The Hedging Provider is a Finance Party and as such, will be entitled to share in the security constituted by the Security Documents in respect of any liabilities of the Borrower under the Hedging Contracts with such Hedging Provider in the manner and to the extent contemplated by the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (GasLog Ltd.)