Examples of Bank Product Obligations in a sentence
Noticed Hedge: Secured Bank Product Obligations arising under a Hedging Agreement.
Except as set forth in Section 10.12, each Guarantor’s obligations under this Section 11 shall remain in full force and effect until the Revolving Credit Commitments are terminated, all Letters of Credit have expired, and the principal of and interest on the Loans and all other amounts payable by the Borrower and the other Loan Parties under this Agreement and all other Loan Documents and, if then outstanding and unpaid, all Hedging Liability and Bank Product Obligations shall have been paid in full.
If an Event of Default described in Section 11.1(f) or Section 11.1(g) occurs with respect to any Borrower, then to the extent permitted by Requirements of Law, all Obligations (other than Secured Bank Product Obligations) shall become automatically due and payable and all Commitments shall terminate, without any action by Agent or notice of any kind.
Subject to Section 14.3(c), each Lender, or any one or more of its Affiliates, may enter into Swap Documents with any Loan Party; provided that, subject to Section 15.6, all Hedging Obligations of the Loan Parties shall rank at all times pari passu with the Borrower's and the other Loan Parties' Obligations and Bank Product Obligations.
Hedging Obligations and Bank Product Obligations 130138 Section 9.14.