Common use of Rights of Hedging Providers Clause in Contracts

Rights of Hedging Providers. 29.2 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. No voting rights

Appears in 2 contracts

Samples: www.lw.com, Teekay LNG Partners L.P.

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Rights of Hedging Providers. 29.2 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. No voting rights.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Rights of Hedging Providers. 29.2 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 Guarantor under the Hedging Contracts with such Hedging Provider in the manner and to the extent contemplated by the Finance Documents. No voting rights.

Appears in 1 contract

Samples: Facility Agreement (Quintana Shipping Ltd.)

Rights of Hedging Providers. 29.2 Each Hedging Provider is a Finance Party and and, as such, will be entitled to share in the security constituted by the Transaction 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. No voting rights.

Appears in 1 contract

Samples: Navigator Holdings Ltd.

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Rights of Hedging Providers. 29.2 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 Parent under the Hedging Contracts with such Hedging Provider in the manner and to the extent contemplated by the Finance Documents. No voting rights.

Appears in 1 contract

Samples: DryShips Inc.

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