First Lien Hedging Obligations definition

First Lien Hedging Obligations means Hedging Obligations owed to any provider or arranger of, or agent with respect to, any First Lien Debt to the extent secured by First Liens.
First Lien Hedging Obligations means all Specified Swap Obligations and all other obligations under any Commodity Hedge Agreement, Eligible Commodity Hedge Agreement or Swap Agreement which, in any case, constitutes First Lien Debt in accordance with clause (2) of the definition of “First Lien Debt” contained in the Collateral Agency and Intercreditor Agreement.
First Lien Hedging Obligations means, with respect to any First Lien Obligor or any “subsidiary” as defined in the First Lien Credit Agreement (or any similar term in any other First Lien Document), the obligations of such Person under any First Lien Hedge Agreement.

Examples of First Lien Hedging Obligations in a sentence

  • Furthermore, the Issuer shall promptly notify the then-controlling First Lien Representative of the entering into any First Lien Hedging Obligations.


More Definitions of First Lien Hedging Obligations

First Lien Hedging Obligations means all Hedging Obligations secured by any Collateral under the documents that secure Obligations under the Credit Agreement.
First Lien Hedging Obligations means all Hedge Agreements that constitute First Lien Debt in accordance with clause (1) or clause (2) of the definition of “First Lien Debt”.
First Lien Hedging Obligations means any Obligations under Secured Hedge Agreements.
First Lien Hedging Obligations means “Secured Hedging Obligations” as defined in the First Lien Credit Agreement.
First Lien Hedging Obligations means all amounts owed by any First Lien Credit Party to any First Lien Hedge Bank in respect of or in connection with any Specified Hedge Agreement.
First Lien Hedging Obligations means all obligations under the First Lien Credit Agreement that are described in clause (b) of the definition of “Obligations” therein.
First Lien Hedging Obligations means all obligations, whether now existing or hereafter created, of the Borrower to the Swap Counterparty under the ISDA Master Agreement for Acceptable Commodity Hedging Transactions (as defined in the First Lien Credit Agreement as of the date hereof) that are secured by the First Lien Mortgages, together with all costs, expenses, including, attorneys’ fees incurred in the enforcement or collection thereof, and interest thereon after the commencement of any Insolvency Proceedings.