Common use of Rights of Hedging Provider Clause in Contracts

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.

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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

Samples: Facility Agreement (Hoegh LNG Partners LP)

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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.)

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