Bank Hedge Agreement definition

Bank Hedge Agreement means any interest rate Hedge Agreement required or permitted under Article V that is entered into by and between the Borrower and any Hedge Bank.

Bank Hedge Agreement means any interest rate Hedge Agreement permitted under Article V that is entered into by and between any of the Borrowers and any of the Lenders.

Bank Hedge Agreement means any Hedge Agreement entered into by Borrower with Agent or any of the Banks (or any of their respective Affiliates) in connection with the Debt.

Examples of Bank Hedge Agreement in a sentence

• Each Guarantor covenants and agrees that, so long as any part of the Guaranteed Obligations shall remain unpaid, any Letter of Credit shall be outstanding, any Lender Party shall have any Commitment or any Bank Hedge Agreement shall be in effect, such Guarantor will perform or observe, and cause each of its Subsidiaries to perform or observe, all of the terms, covenants and agreements that the Loan Documents state that the Borrower is to cause such Guarantor or such Subsidiaries to perform or observe.

• Nothing herein shall affect the right that any party may otherwise have to commence or participate in any action, suit or proceeding relating to this Agreement, any of the other Loan Documents or any Bank Hedge Agreement to which it is or is to be a party, or otherwise to proceed against any Grantor, in any other jurisdiction.

• The Canadian Administrative Agent, on behalf of each Canadian Lender, acknowledges and agrees that the US Lenders have relied upon the subordination provided for herein in entering into the US Credit Agreement and in making funds and letters of credit available to the US Borrower thereunder and in entering into any US Bank Hedge Agreement.

• The term "Agreement Value" means, with respect to any of the Bank Hedge Agreements at any date of determination, the amount, if any, that would be payable to the Hedge Bank party to such Bank Hedge Agreement in respect of any "AGREEMENT VALUE" under such Bank Hedge Agreement if such Bank Hedge Agreement were terminated on such date, calculated as provided in the International Swap Dealers Association, Inc.

• The Corporation agrees that it will maintain a Cash Collateral Account in accordance with this Security Agreement for so long as any of the Advances under the Term A Facility shall remain unpaid, any Letter of Credit issued at the request of the Corporation shall be outstanding, any Bank Hedge Agreement to which the Corporation is a party shall be in effect or the Corporation shall have any Commitment under the Credit Agreement.

More Definitions of Bank Hedge Agreement

Bank Hedge Agreement means any Hedge Agreement required or permitted under this Agreement that is entered into by and between the Borrower and any Hedge Bank.

Bank Hedge Agreement means an Interest Rate Contract or -------------------- Currency Hedging Agreement entered into between the Borrower and a Lender.

Bank Hedge Agreement means a Hedge Agreement entered into between any Loan Party and any Bank (or any Affiliate of any Bank). “Bank Hedge Transaction” shall mean a Hedge Transaction between any Loan Party and any Bank (or any Affiliate of any Bank).

Bank Hedge Agreement means any Hedge Agreement required under Section 5.14 or otherwise permitted by this Agreement that is entered into by and between a Loan Party and any Hedge Bank.

Bank Hedge Agreement means a Hedge Agreement between the Borrower -------------------- and a Hedge Bank (or Hedge Banks) or a Secured Hedge Bank (or Secured Hedge Banks).

Bank Hedge Agreement means any interest rate Hedge Agreement that (i) is entered into by and between a Loan Party and any Hedge Bank in the ordinary course of business for the purpose of directly mitigating risks associated with liabilities, commitments, investments, assets, or property held or reasonably anticipated by such Loan Party, or changes in the value of securities issued by such Loan Party, and not for purposes of speculation or taking a “market view;” and (ii) does not contain any provision exonerating the non-defaulting party from its obligation to make payments on outstanding transactions to the defaulting party.

Bank Hedge Agreement means any Hedge Agreement required or permitted under this Agreement that is entered into by and between the Borrower and any Hedge Bank, as the same now exists or may hereinafter be amended, modified, supplemented, extended, renewed, restated or replaced.