Currency Hedge Counterparty definition

Currency Hedge Counterparty means any financial institution with which the Issuer has entered into a Currency Hedge Agreement or any permitted successor or assignee thereof pursuant to the terms of such Currency Hedge Agreement and provided always that such financial institution has the regulatory capacity as a matter of Dutch law to enter into derivatives transactions with Dutch residents.

Currency Hedge Counterparty means any financial institution with which the Issuer has entered into a Currency Hedge Agreement or any permitted successor or assignee thereof pursuant to the terms of such Currency Hedge Agreement.

Currency Hedge Counterparty means each financial institution with which the Issuer enters into a Currency Hedge Transaction or any permitted assignee or successor thereto under the terms of the related Currency Hedge Transaction and in each case which satisfies the applicable Rating Requirement (taking into account any guarantor thereof), and provided always that such financial institution has the regulatory capacity as a matter of Dutch law to enter into derivatives transactions with Dutch residents.

Examples of Currency Hedge Counterparty in a sentence

• Notwithstanding that Non-Euro Obligations are required to have an associated Currency Hedge Transaction which will include currency protection provisions, losses may be incurred due to fluctuations in the Euro exchange rates and in the event of a default by the relevant Currency Hedge Counterparty under any such Currency Hedge Transaction.

• If the Currency Hedge Counterparty defaults or becomes unable to perform due to insolvency or otherwise, the Issuer may not receive payments it would otherwise be entitled to from the Currency Hedge Counterparty to cover its foreign exchange exposure.

• In addition, the ability of the Issuer to enter into Currency Hedge Transactions upon the acquisition of Non-Euro Obligations will depend upon a number of factors outside the control of the Collateral Manager, including its ability to identify a suitable Currency Hedge Counterparty with whom the Issuer may enter into Currency Hedge Transactions.

• Notwithstanding that Non-Euro Obligations are required to have an associated Currency Hedge Transaction, losses may be incurred due to fluctuations in the Euro exchange rates and in the event of a default by the relevant Currency Hedge Counterparty under any such Currency Hedge Transaction.

• The Issuer will depend upon the Currency Hedge Counterparty to perform its obligations under any hedges.

More Definitions of Currency Hedge Counterparty

Currency Hedge Counterparty. Any Eligible Currency Hedge Counterparty or any counterparty to a currency hedging instrument permitted to be entered into pursuant to the Indenture.

Currency Hedge Counterparty means any financial institution with which the Issuer has (pursuant to, and in accordance with, the terms of the Investment Management Agreement) entered into a Currency Hedge Agreement or any permitted successor or assignee thereof pursuant to the terms of such Currency Hedge Agreement which, in each case satisfies the applicable Rating Requirement upon the date of entry into such agreement or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement on such date or in respect of which Rating Agency Confirmation has been obtained on such date and that has the regulatory capacity, as a matter of Dutch law, to enter into derivatives transactions with Dutch residents.

Currency Hedge Counterparty. In the singular, any one of, and in the plural, all of the Eligible Currency Hedge Counterparties, their successors and assigns which have entered into a Qualified Currency Hedge.

Currency Hedge Counterparty means any financial institution with which the Issuer has (pursuant to, and in accordance with, the terms of the Collateral Management and Administration Agreement) entered into a Currency Hedge Agreement or any permitted successor or assignee thereof pursuant to the terms of such Currency Hedge Agreement.

Currency Hedge Counterparty means each financial institution with which the Issuer enters into the Currency Hedge Agreement or any permitted assignee or successor thereto under the terms of therelated Currency Hedge Agreement in each case, which satisfies the applicable Rating Requirement (taking into account any guarantor thereof).

Currency Hedge Counterparty means each financial institution with which the Issuer enters into a Currency Hedge Agreement or any permitted assignee or successor under the terms of the related Currency Hedge Agreement in each case who satisfies the Required Rating;

Currency Hedge Counterparty means each financial institution which enters into a Currency Hedge Agreement with the Issuer, or any successor currency hedge counterparty.