Currency Protection Agreement means any currency protection agreement entered into with one or more financial institutions in the ordinary course of business that is designed to protect the Person or entity entering into the agreement against fluctuations in currency exchange rates with respect to Indebtedness incurred and not for purposes of speculation.
Currency Protection Agreement means any foreign exchange contract, currency swap agreement, or other fi- nancial agreements or arrangements designed to protect any Borrower against fluctuations in currency values.
Currency Protection Agreement means any currency protection agreement entered into with one or more financial institutions that is designed to protect the Person or entity entering into the agreement against fluctuations in currency exchange rates with respect to Debt Incurred and not for purposes of speculation.
Examples of Currency Protection Agreement in a sentence
For purposes of determining any particular amount of Debt under this Section 1010, if any such Debt denominated in a different currency is subject to a currency agreement that constitutes a Permitted Interest Rate or Currency Protection Agreement with respect to U.S. dollars covering all principal of, premium, if any, and interest payable on such Debt, the amount of such Debt expressed in U.S. dollars will be as provided in such currency agreement.
More Definitions of Currency Protection Agreement
Currency Protection Agreement any foreign exchange contract, currency swap agreement, or other financial agreement or arrangement to which Borrower or any of its Subsidiaries is a party that is designed to protect Borrower or any of its Subsidiaries against fluctuations in currency values.
Currency Protection Agreement means a currency swap, cap or collar agreement or similar arrangement entered into with the intent of protecting against fluctuations in currency values, either generally or under specific contingencies.
Currency Protection Agreement means any foreign exchange contract, currency swap agreement, currency option or similar agreement or arrangement designed to protect against fluctuations in currency exchange rates, whether or not arising in the ordinary course of business or in connection with any Indebtedness.
Currency Protection Agreement means, with respect to any Person, any foreign exchange contract, currency swap agreement or other similar agreement or arrangement intended to protect such Person against fluctuations in currency values to or under which such Person is a party or a beneficiary on the date of this Indenture or becomes a party or a beneficiary thereafter.
Currency Protection Agreement means a forward or spot exchange contract, currency exchange agreement or other agreement or arrangement entered into by the Agent or any Purchaser and designed to protect the Agent or one or more Purchasers against fluctuations in currency values or to allow for the conversion of currencies, in either case in connection with the transactions contemplated by this Agreement.
Currency Protection Agreement means with respect to any Person any foreign exchange contract, currency swap agreement or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in currency values to or under which such Person or any of its Subsidiaries is a party or a beneficiary on the date of this Indenture or becomes a party or a beneficiary thereafter.
Currency Protection Agreement means a forward exchange contract, currency exchange agreement or other derivative agreement or arrangement entered into by the Class A Noteholder on terms and conditions determined to be satisfactory by the Administrative Agent (acting on behalf of the Class A Noteholder) and designed to protect the Class A Noteholder against fluctuations in currency values in connection with the issuance of Commercial Paper for the purpose of funding the Principal Amount Outstanding of the Class A Notes held by such Noteholder as may be amended, varied, supplemented or otherwise modified from time to time.