Eligible Swap Agreement definition

Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Restricted Subsidiary and any Senior Revolving Lender or any Affiliate of any Senior Revolving Lender. For the avoidance of doubt, a Swap Agreement ceases to be an Eligible Swap Agreement if the Person that is the counterparty to the Borrower under a Swap Agreement ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement (or, in the case of an affiliate of a Senior Revolving Lender, the Person affiliated therewith ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement).
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Eligible Swap Agreement means each Eligible Asset Swap Agreement, Eligible Liability Swap Agreement and any other swap agreement which meets the requirements of article 7-decies of the Securitisation and Covered Bond Law.
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Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Subsidiary that is a Guarantor and any Approved Counterparty.
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Examples of Eligible Swap Agreement in a sentence

  • Any Person that at the time it entered into an Eligible Swap Agreement was the Lender or an Affiliate of the Lender, in its capacity as a party to that Eligible Swap Agreement.


More Definitions of Eligible Swap Agreement

Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Subsidiary that is a Guarantor and any Person that is entered into prior to the time, or during the time, that such Person was a Senior Revolving Lender or an Affiliate of a Senior Revolving Lender (including any such Swap Agreement in existence prior to the date hereof), even if such Person ceases to be a Senior Revolving Lender or an Affiliate of a Senior Revolving Lender for any reason provided that, for the avoidance of doubt, the term “Eligible Swap Agreement” shall not include any transactions entered into after the time that such Person ceases to be a Senior Revolving Lender or an Affiliate of a Senior Revolving Lender.
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Eligible Swap Agreement means any present or future Swap Agreement between the Borrower or any Subsidiary that is a Guarantor and any Senior Revolving Lender or any affiliate of any Senior Revolving Lender. For the avoidance of doubt, a Swap Agreement ceases to be an Eligible Swap Agreement if the Person that is the counterparty to the Borrower or one of its Subsidiaries that is a Guarantor under a Swap Agreement ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement (or, in the case of an affiliate of a Senior Revolving Lender, either such Person ceases to be affiliated with a Senior Revolving Lender or its affiliated lender ceases to be a Senior Revolving Lender under the Senior Revolving Credit Agreement).
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Eligible Swap Agreement means any present or future Swap Agreement between the Company or any Subsidiary and any Bank or any Affiliate of any Bank. For the avoidance of doubt, a Swap Agreement ceases to be an Eligible Swap Agreement if the Person that is the counterparty to the Company under a Swap Agreement ceases to be a Bank under the Bank Loan Agreement (or, in the case of an Affiliate of a Bank, the lender affiliated therewith ceases to be a Bank under the Bank Loan Agreement).
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Related to Eligible Swap Agreement

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Swap Agreements means, collectively, each Asset Swap Agreement, Liability Swap Agreement and any other swap agreement that may be entered into in connection with the Programme;

  • Interest Rate Swap means any interest rate swap transaction entered into pursuant to the Agreement between Party A and Party B as evidenced by a Confirmation;

  • Hedge Agreement means any interest rate, currency or commodity swap agreements, cap agreements, collar agreements, floor agreements, exchange agreements, forward contracts, option contracts or similar interest rate or currency or commodity hedging arrangements.

  • Swap Contract means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.

  • Hedging Agreement means any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement.

  • Hedging Agreements means, collectively, interest rate protection agreements, equity index agreements, foreign currency exchange agreements, option agreements or other interest or exchange rate or commodity price hedging agreements (other than forward contracts for the delivery of power or gas written by the Borrower to its jurisdictional and wholesale customers in the ordinary course of business).

  • Hedging Arrangements means, with respect to any Person, any agreements or other arrangements (including interest rate swap agreements, interest rate cap agreements and forward sale agreements) entered into to protect that Person against changes in interest rates or the market value of assets.