Existing Swap Agreements definition

Existing Swap Agreements means any Swap Agreements entered into between any Credit Party and any Lender Counterparty (including any Lender Counterparty under and as defined in the Original Credit Agreement) prior to the Effective Date and in effect on the Effective Date.

Existing Swap Agreements means each Swap Agreement of Holdings or any Restricted Subsidiary with the respective Existing Swap Dealers in effect on the Effective Date, in respect of which the payment and performance of all obligations of each applicable domestic Restricted Subsidiary were secured obligations under the Existing Credit Agreement.

Existing Swap Agreements means (i) the interest rate swap agreement entered into between the Parent and DnB Bank ASA with a notional amount equal to $75,000,000 and (ii) the interest rate swap agreement entered into between the Parent and Nordea Bank Finland plc with a notional amount equal to $75,000,000.

Examples of Existing Swap Agreements in a sentence

• Each Credit Party and each Lender agrees and acknowledges that (i) the Existing Swap Agreements are Swap Agreements permitted under this Section 7.05, (ii) as of the Effective Date, the counterparty to each Existing Swap Agreement is a Lender Counterparty, and (iii) the obligations of the Credit Parties under the Existing Swap Agreements are included in the defined term “Obligations” and such obligations are entitled to the benefits of, and are secured by the Liens granted under, the Security Instruments.

• The Borrower will, and will cause each Restricted Subsidiary to, maintain the Existing Swap Agreements and none of the Existing Swap Agreements may be amended, modified or cancelled without the prior written consent of the Required Lenders.

• Each Credit Party and each Lender agrees and acknowledges that (i) the Existing Swap Agreements are Swap Agreements permitted under this Section 7.05, (ii) as of the Effective Date, the counterparty to such Swap Agreements is a Lender Counterparty, and (iii) the obligations of the Borrower under such Swap Agreements are included in the defined term “Obligations” and such obligations are entitled to the benefits of, and are secured by the Liens granted under, the Security Instruments.

• Existing Swap Agreements could be amended, terminated or offset with additional interest rate swaps when market conditions permitted.

• In connection with any such assignment or transfer of the First Priority Obligations, all Existing Swap Agreements shall be terminated unless all parties thereto shall have consented to the assignment thereof to the Second Priority Creditors and to the release of the lender counterparties thereto from all liability thereunder.

More Definitions of Existing Swap Agreements

Existing Swap Agreements means the Swap Agreements described on Schedule 7.20, which shall be secured with the Secured Indebtedness pursuant to this Agreement and the other Loan Documents.

Existing Swap Agreements means any Swap Agreements entered into by any Credit Party with an Approved Counterparty prior to the Effective Date and in effect on the Effective Date.

Existing Swap Agreements means, collectively, (i) the existing Swap Agreements between one or more of the Persons acquired by the Borrower on the Effective Date pursuant to the Winchester Acquisition and any Lender Counterparty and defined as the “Winchester Xxxxxx” in the Winchester Merger Agreement, (ii) the existing Swap Agreements between one or more of the Persons that became Restricted Subsidiaries of the Borrower on the Effective Date pursuant to the EXCO Transfers and Conversions and any Lender Counterparty and described on Schedule 1.01(a) and (iii) the existing Swap Agreements to which a Lender Counterparty is a party that will be assigned to Borrower and its Subsidiaries on the Effective Date and described on Schedule 1.01(a).

Existing Swap Agreements means any Swap Agreements entered into between any Credit Party and any Lender Counterparty (including any Lender Counterparty under and as defined in the Original Credit Agreements) prior to the Effective Date and in effect on the Effective Date.

Existing Swap Agreements means the Swap Agreements issued by JPMorgan secured under the Existing Credit Facility and further described on Schedule 7.1 hereto.

Existing Swap Agreements means, collectively, each Swap Contract between the Borrower and Deutsche Bank AG New York Branch, as the Hedge Bank thereunder entered into on, or prior to, the Closing Date.

Existing Swap Agreements means the Swap Agreements between the Credit Parties and the “Lender Counterparties” (as defined in the Prepetition Credit Agreement) party thereto and in effect on the Petition Date, including without limitation, those Swap Agreements listed on Schedule 1.01(a).