Financial Hedging Agreements definition

Financial Hedging Agreements means (i) interest rate swap agreements, interest rate cap agreements and interest rate collar agreements and (ii) other agreements or arrangements designed to protect such Person against fluctuations in interest rates, currency exchange rates or commodity prices and not for speculative purposes.
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Financial Hedging Agreements means (i) interest rate swap agreements, interest rate cap agreements and interest rate collar agreements and (ii) other agreements or arrangements designed to protect such Person against fluctuations in interest rates or currency exchange rates in connection with the conduct of its business and not for speculative purposes.
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Financial Hedging Agreements means (1) interest rate swap agreements, interest rate cap agreements and interest rate collar agreements and (2) other agreements or arrangements designed to protect such Person against fluctuations in interest rates or currency exchange rates in connection with the conduct of its business and not for speculative purposes.
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Examples of Financial Hedging Agreements in a sentence

  • Each Grantor will, as a result of being a Borrower or the parent or a Subsidiary of a Borrower, derive substantial direct and indirect benefits from (a) the extensions of credit and issuances of letters of credit made from time to time to the Borrowers by the Lenders pursuant to the Credit Agreement and (b) the execution and delivery of Financial Hedging Agreements, Commodity OTC Agreements and Cash Management Bank Agreements among the Borrowers, other Grantors and certain Secured Parties.

  • Subject to the terms of the Loan Documents and the applicable Cash Management Bank Agreements, Commodity OTC Agreements or Financial Hedging Agreements, following the date on which the Senior Obligations shall have been paid in full, no Letters of Credit shall be outstanding and the Commitments shall have been terminated, a Subordinated Party may take any Enforcement Action.

  • Nothing in this Section 10 impairs the Obligations of the Borrowers and the other Grantors to pay principal, interest, fees and other amounts as provided in, or otherwise comply with the provisions of, the Loan Documents, the Cash Management Bank Agreements, the Commodity OTC Agreements or the Financial Hedging Agreements.

  • All Financial Hedging Agreements and Commodity Contracts shall be entered into in the ordinary course of business consistent with prudent industry practices, and not speculative in nature, and all Net Open Positions shall, if a limit has been agreed between the Required Lenders and the Borrowers’ Agent with respect to such Net Open Position, be managed so as not to exceed such agreed limit at any time, if any.

  • The Grantors are entering into this Agreement in order to induce the Lenders to enter into and extend credit and issue letters of credit to the Borrowers under the Credit Agreement and to induce the Qualified Counterparties and Qualified Cash Management Banks to enter into Financial Hedging Agreements, Commodity OTC Agreements and Cash Management Agreements.

  • Nothing in this Section 10 impairs the Obligations of the Borrower and the other Grantors to pay principal, interest, fees and other amounts as provided in, or otherwise comply with the provisions of, the Loan Documents, the Cash Management Bank Agreements, the Commodity OTC Agreements or the Financial Hedging Agreements.

  • The Grantors are entering into this Agreement in order to induce the Lenders to enter into and extend credit and issue letters of credit to the Borrower under the Credit Agreement and to induce the Qualified Counterparties and Qualified Cash Management Banks to enter into Financial Hedging Agreements, Commodity OTC Agreements and Cash Management Bank Agreements.