Examples of Bank Products Affiliate in a sentence
Upon being so designated by the Parent Borrower, such Bank Products Affiliate or Hedging Affiliate (as the case may be) shall be a Non-Lender Secured Party for the purposes of this Agreement for as long as so designated by the Parent Borrower.
Upon being so designated by the Parent Borrower, such Bank Products Affiliate or Hedging Affiliate (as the case may be) shall be a Non-Lender Secured Party for the purposes of this Agreement for as long as so designated by the Parent Borrower; provided that, at the time of the Parent Borrower’s designation of such Non-Lender Secured Party, the obligations of any Grantor under the applicable Hedging Agreement or Bank Products Agreement have not been designated as Cash Flow Collateral Obligations.
The Guidelines anticipate this possibility, and note several things.
The tower fluxes represent a footprint of roughly 1-3 km2, while NPP is typically measured on ≈ 0.1 ha plot.
These principles also apply to any relevant provision under any other Loan Document, including any Hedging Agreement entered into with any Hedging Affiliate, and any Bank Products Agreement entered into with any Bank Products Affiliate).