Common use of Security for Hedge Transactions Clause in Contracts

Security for Hedge Transactions. If a Lender continues to be a party to one or more Hedge Transactions with the Borrower after all other indebtedness and obligations of the Borrower to such Lender hereunder have been repaid and satisfied in full (or assigned by such Lender to an assignee), for greater certainty such Lender shall continue to be a Lender for all purposes of this Agreement and the obligations under such Hedge Transactions shall continue to be secured by the Security as provided herein, but such Lender shall not thereafter be a "Required Lender" as such term is defined herein.

Appears in 11 contracts

Samples: Credit Agreement (Village Farms International, Inc.), Credit Agreement (Aurora Cannabis Inc), And (Aurora Cannabis Inc)

AutoNDA by SimpleDocs

Security for Hedge Transactions. If a Lender continues to be a party to one or more Hedge Transactions with the Borrower after all other indebtedness and obligations of the Borrower to such Lender hereunder have been repaid and satisfied in full (or assigned by such Lender to an assignee), for greater certainty such Lender shall continue to be a Lender for all purposes of this Agreement and the obligations under such Hedge Transactions shall continue to be secured by the Security as provided herein, but such Lender shall not thereafter be a "β€œRequired Lender" ” as such term is defined herein.

Appears in 5 contracts

Samples: Credit Agreement (Village Farms International, Inc.), Assignment and Assumption (Village Farms International, Inc.), Credit Agreement (Village Farms International, Inc.)

AutoNDA by SimpleDocs

Security for Hedge Transactions. If a Lender or any Affiliate thereof continues to be a party to one or more Hedge Transactions with the Borrower after all other indebtedness and obligations of the Borrower to such Lender hereunder have been repaid and satisfied in full (or assigned by such Lender to an assignee), for greater certainty such Lender shall continue to be a Lender for all purposes of this Agreement and the obligations under such Hedge Transactions shall continue to be secured by the Security as provided herein, but such Lender shall not thereafter be a "Required Lender" as such term is defined herein.

Appears in 1 contract

Samples: Credit Agreement (Merus Labs International Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.