Designated Hedging Obligations definition

Designated Hedging Obligations means, as applied to any Person, all Hedging Obligations of such Person under Designated Hedging Agreements after taking into account the effect of any legally enforceable netting arrangements included in such Designated Hedging Agreements; it being understood and agreed that, on any date of determination, the amount of such Hedging Obligations under any Designated Hedging Agreement shall be determined based upon the “settlement amount” (or similar term) as defined under such Designated Hedging Agreement or, with respect to a Designated Hedging Agreement that has been terminated in accordance with its terms, the amount then due and payable (exclusive of expenses and similar payments but including any termination payments then due and payable) under such Designated Hedging Agreement.

Designated Hedging Obligations means any Canadian Secured Hedging Obligations and US Secured Hedging Obligations for which the applicable Loan Party has complied with the requirements of the definitions of Canadian Secured Hedging Obligations and US Secured Hedging Obligations, as applicable, to constitute “Designated Hedging Obligations.”

Designated Hedging Obligations means, without duplication, the obligations of the Parent or any Subsidiary of the Parent under or in connection with any Hedging Obligation, either as a direct obligor or as a guarantor of the direct obligor's obligations under or in connection with any Hedging Obligation, to counterparties, in each case, which obligations have been or are designated by the Company in accordance with the Collateral Trust Agreement from time to time as constituting “Designated Hedging Obligations”.

Examples of Designated Hedging Obligations in a sentence

• No reserve established by the Administrative Agent pursuant to this definition or any component definition thereof shall reserve against any (x) Hedging Agreement or any Hedging Obligation thereunder (other than the Designated Hedging Obligations Reserve) or (x) Cash Management Agreement or any Cash Management Obligation thereunder (other than the Secured Cash Management Obligations Reserve).

• Each holder of any Designated Cash Management Obligations, the Designated Hedging Obligations and the Designated Performance LC Obligations that has given the notice referred to in clause (ii) above shall, by such notice, be deemed to have agreed to be bound by the provisions of Article VIII of the Credit Agreement that are expressed to be applicable to it as a holder of such Secured Obligations.

• Designated Hedging Obligations; Secured Cash Management Obligations 140 ARTICLE IX MISCELLANEOUS Section 9.01.

• The obligations of each Qualified ECP Guarantor under this Section 10.17 shall remain in full force and effect until performance in full of all Designated Hedging Obligations entered into before all other Obligations are paid in full to 122 the Lenders, the Agents and all other Secured Parties, and all of the Lenders’ Commitments are terminated.

• The Borrowing Base at any time shall be determined by reference to the most recent Borrowing Base Certificate delivered to the Revolving Administrative Agent pursuant to Section 5.12 of this Agreement; provided that the Designated Hedging Obligations Reserve and the Secured Cash Management Obligations Reserve shall be determined and shall be applicable as set forth in Section 8.11.

More Definitions of Designated Hedging Obligations

Designated Hedging Obligations means any Secured Hedging Obligations for which the applicable Loan Party has complied with the requirements of the definition of Secured Hedging Obligations to constitute “Designated Hedging Obligations.”

Designated Hedging Obligations means, as applied to any Person, all Hedging Obligations of such Person under Designated Hedging Agreements after taking into account the effect of any legally enforceable netting arrangements included in such Designated Hedging Agreements; it being understood and agreed that, on any date of determination, the

Designated Hedging Obligations means all obligations of the Company or any Subsidiary under each Hedging Agreement that (a) is in effect on the Closing Date with a counterparty that is a Lender (or an Affiliate thereof) as of the Closing Date, or (b) is entered into after the Closing Date with any counterparty that is a Lender (or an Affiliate thereof) at the time such Hedging Agreement is entered into, and, in either case, the obligations under which have been designated as “Designated Hedging Obligations” in a written notice delivered by the Company to the Administrative Agent.

Designated Hedging Obligations means the due and punctual payment and performance of any and all Hedging Obligations of the Issuer and each Subsidiary that has been designated by the Issuer in accordance with the Intercreditor Agreement from time to time as constituting “Designated Hedging Obligations”.

Designated Hedging Obligations means, as applied to any Person, all Hedging Obligations of such Person under Designated Hedge Agreements after taking into account the effect of any legally enforceable netting arrangements included in such Designated Hedge Agreements; it being understood and agreed that, on any date of determination, the amount of such Hedging Obligations under any Designated Hedge Agreement shall be determined based upon the “settlement amount” (or similar term) as defined under such Designated Hedge Agreement or, with respect to a Designated Hedge Agreement that has been terminated in accordance with its terms, the amount then due and payable (exclusive of expenses and similar payments but including any termination payments then due and payable) under such Designated Hedge Agreement.

Designated Hedging Obligations means all amounts, indemnities and reimbursement obligations, contingent or absolute, of every type or description, and at any time existing, owed by the Borrower to a Designated Hedging Counterparty pursuant to the terms of a Designated Hedging Agreement.

Designated Hedging Obligations means all obligations of the Company or any Subsidiary under each Hedging Agreement that (a) is in effect on the Effective Date with a counterparty that is a Lender (or an Affiliate thereof) as of the Effective Date or (b) is entered into after the Effective Date with any counterparty that is a Lender (or an Affiliate thereof) at the time such Hedging Agreement is entered into, and, in either case, the obligations under which have been designated as “Designated Hedging Obligations” in a written notice delivered by the Company to the Administrative Agent.