Approved Hedge Counterparty definition

Approved Hedge Counterparty means any Lender or an Affiliate of any Lender.
Approved Hedge Counterparty means each Arranger and each Original Lender and each of their Affiliates.
Approved Hedge Counterparty means BP Corporation North America Inc. or any of its Affiliates and such other Person as shall meet the requirements specified in the First Lien Credit Agreement and shall have executed a Joinder Agreement.

Examples of Approved Hedge Counterparty in a sentence

  • Enter into any Commodity Hedge Agreement, whether with an Approved Hedge Counterparty or another Person, other than the Minimum Required Commodity Hedge Agreements or liquidate or terminate any of Minimum Required Commodity Hedge Agreements.

  • The Agent shall not be under any obligation to any Lender or any other Approved Hedge Counterparty to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower or any of the Guarantors.

  • In the event the Approved Hedge Counterparty, Second Lien Agent or the First Lien Agent, in its sole discretion, undertakes at any time or from time to time to provide any information to any other party to this Agreement, it shall be under no obligation (A) to provide any such information to such other party or any other party on any subsequent occasion, (B) to undertake any investigation not a part of its regular business routine, or (C) to disclose any other information.

  • Enter into or maintain in effect any Commodity Hedge Agreement containing any provision obligating the relevant Borrower to provide to the relevant Approved Hedge Counterparty any collateral, margin, letter of credit or any other form of security or credit support for the obligations, contingent or otherwise, of the relevant Borrower thereunder.

  • The Approved Hedge Counterparty, Second Lien Agent and the First Lien Agent hereby agree that no party shall have any duty to advise any other party of information known to it regarding such condition or any such circumstances.


More Definitions of Approved Hedge Counterparty

Approved Hedge Counterparty means (a) Cargill, (b) BP or an Affiliate thereof, (c) any Lender or (d) a counterparty to a Commodity Hedge Agreement with the Borrowers approved by the Agent.
Approved Hedge Counterparty means any Lender or a counterparty to a Commodity Hedge Agreement with one of the Borrowers approved by the Agent.
Approved Hedge Counterparty means BP Corporation North America, Inc. or any of its Affiliates.
Approved Hedge Counterparty means each ‘Arranger’ and each ‘Original Lender’ (under and as defined in the Senior Facility Agreement) and each of their Affiliates;
Approved Hedge Counterparty means (a) Cargill, (b) any Lender or(c) a counterparty to a Commodity Hedge Agreement with the Borrowers approved by the Agent.
Approved Hedge Counterparty has the meaning given to such term in the Intercreditor Agreement.
Approved Hedge Counterparty means, at any time and from time to time, (a) any Person engaged in the business of buying, selling and dealing in Hedge Agreements that is acceptable to the Administrative Agent and (i) has and maintains, or (ii) has a guarantor or other credit support provider that is acceptable to the Administrative Agent and has and maintains, a Credit Rating of A- or better from S&P or A3 or better from Mxxxx’x and (b) any Hedge Bank.