Approved Hedge Counterparty definition

Approved Hedge Counterparty means any Lender or an Affiliate of any Lender.

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 each Arranger and each Original Lender and each of their Affiliates.

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.

• Our results of operations may also be affected significantly by general and local economic and competitive conditions, changes in market interest rates, governmental policies and actions of regulatory authorities.

• No Approved Hedge Counterparty shall assign, transfer or sell any part of its portion of the Obligations, unless in connection with such assignment, transfer or sale, such assignee, transferee or purchaser shall first become a party to this Agreement in compliance with the requirements of Section 9.05.

• Each of the Collateral Agent, the Approved Hedge Counterparty, the First Lien Agent and the Second Lien Agent may demand specific performance of this Agreement.

• 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) any Lender or(c) a counterparty to a Commodity Hedge Agreement with 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 has the meaning given to such term in the Intercreditor Agreement.

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.

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.

Approved Hedge Counterparty means (a) any Lender or Agent or any Affiliate of a Lender or Agent, (b) any Person whose long-term senior unsecured debt rating is A-/A3 by S&P or Mxxxx’x (or their equivalent) or higher, (c) each Person listed on Schedule 1.1(c) and each of such Person’s Affiliates and (d) any other Person approved by the Administrative Agent in its reasonable discretion.