and Hedge Agreement definition
Examples of and Hedge Agreement in a sentence
The security interests in the Collateral granted to Secured Party for the benefit of Lenders and Hedge Agreement Counterparties hereunder constitute valid security interests in the Collateral (subject to Liens expressly permitted by the Credit Agreement), securing the payment of the Secured Obligations.
The foregoing to the contrary notwithstanding, all Bank Product Agreements and Hedge Agreement, if any, are independent agreements governed by the written provisions of such Bank Product Agreements and Hedge Agreements, which will remain in full force and effect, unaffected by any repayment, prepayments, acceleration, reduction, increase, or change in the terms of any credit extended hereunder, except as otherwise expressly provided in such Bank Product Agreements and Hedge Agreements.
In furtherance of the foregoing provisions of this Section 20(a), each Hedge Agreement Counterparty, by its acceptance of the benefits hereof, agrees that it shall have no right individually to realize upon any of the Collateral hereunder, it being understood and agreed by such Hedge Agreement Counterparty that all rights and remedies hereunder may be exercised solely by Secured Party for the benefit of Lenders and Hedge Agreement Counterparties in accordance with the terms of this Section 20(a).
Secured Party or any Beneficiary may be the purchaser of any or all of the Collateral at any such sale, and Secured Party, as agent for and representative of Lenders and Hedge Agreement Counterparties (but not any Lender or Lenders or Hedge Agreement Counterparty or Hedge Agreement Counterparties in its or their respective individual capacities unless Requisite Exh.
Such intercreditor agreement shall provide that any realization with respect to any of the Collateral shall require a vote of the Lenders, any QLF Lenders and Hedge Agreement counterparties, representing at least a majority of the aggregate principal amount of the loans, notes or bonds (and in the case of Hedge Agreement counterparties, the amount of the applicable termination payment) held by them.
XIII-15 Domestic Pledge Agreement remedies hereunder may be exercised solely by Secured Party for the benefit of Lenders and Hedge Agreement Counterparties in accordance with the terms of this Section 15(a).
Total Amount and Discharge Amount: [$180,000,000]3 Together With Interest, Expenses, Fees, Performance of Mortgage and Credit Agreement [and Guaranty]4 and Hedge Agreement Covenants and Termination Payments under the Hedge Agreements Increase to include maximum potential exposure under existing ▇▇▇▇▇▇.
The security interests in the Collateral granted to Secured Party for the ratable benefit of the Lenders and Hedge Agreement Counterparties hereunder constitute valid security interests in the Collateral, securing the payment of the Secured Obligations.
The security interests in the Collateral granted to Secured Party for the ratable benefit of Lenders and Hedge Agreement Counterparties hereunder constitute valid security interests in the Collateral (subject to Section 9-306 of the UCC and Liens expressly permitted by the Credit Agreement), securing the payment of the Secured Obligations.
The Agent, on behalf of the Lenders, shall disburse all loans and advances to the Funds Administrator and shall handle all collections of Collateral and repayment of all Obligations (other than the Ledger Debt and Hedge Agreement Obligations repaid in the ordinary course of business).