Foreign Exchange Obligations definition

Foreign Exchange Obligations means all obligations of the Borrowers or their Subsidiaries pursuant to and under any and all foreign exchange contracts and agreements to which any Borrower or any Subsidiary is a party as of any date of computation as if such foreign exchange agreement were to be terminated or declared to be in default on such date (after giving effect to any netting provisions).

Foreign Exchange Obligations means any and all obligations of any Loan Party to the Administrative Agent and/or any Lender (or any Affiliate of the Administrative Agent or any Affiliate of any Lender), whether absolute or contingent and howsoever and whenever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor) in connection with, or under, any foreign exchange contracts.

Foreign Exchange Obligations means all obligations of the Borrower or its Subsidiaries pursuant to and under any and all foreign exchange contracts and agreements to which Borrower or any Subsidiary is a party as of any date of computation as if such foreign exchange agreement were to be terminated or declared to be in default on such date (after giving effect to any netting provisions).

Examples of Foreign Exchange Obligations in a sentence

• The Borrower shall promptly repay to the Lenders from time to time the full amount of the excess, if any, of (i) the amount of all Revolving Loans, Letter of Credit Obligations outstanding, Foreign Exchange Obligations outstanding and Acceptance Obligations outstanding over (ii) the lesser of (A) the Total Commitments and (B) the Borrowing Base.

• Enter into, or permit any ---------------------------- Subsidiary to enter into any foreign exchange contract or foreign exchange agreement if, immediately after giving effect thereto, either (a) the aggregate Foreign Exchange Obligations of the Borrower and its Subsidiaries would exceed $3,000,000, or (b) the Foreign Exchange Exposure of the Borrower and its Subsidiaries would exceed $450,000.

• If as a result of any voluntary or mandatory prepayment of the Loan as contemplated in this §2.3, the Lender incurs no Foreign Exchange Obligations, but instead is entitled to a gain under the Foreign Exchange Agreement, the net amount of such gain (after all then-current obligations of the Borrower to the Lender have been paid) shall be remitted to the Borrower.

• The obligations of Borrower under this Section 3.1 C to reimburse Agent for all Foreign Exchange Obligations shall be absolute, unconditional and irrevocable and shall be satisfied strictly in accordance with their terms, irrespective of (a) any lack of validity or enforceability of such Foreign Exchange Obligations or (b) the fact that a Default or an Event of Default shall have occurred and be continuing.

• During the Revolving Credit Commitment Period, the Lender agrees to make advances under the Revolving Loan requested by Apparel on behalf of the Borrowers from time to time provided that after giving effect to the request, the outstanding principal balance of the Revolving Loan, of the Letter of Credit Obligations and of the Foreign Exchange Obligations, would not exceed the lesser of (a) the Revolving Credit Committed Amount, or (b) the most current Borrowing Base.

More Definitions of Foreign Exchange Obligations

Foreign Exchange Obligations means any and all obligations in connection with, or under, any foreign exchange contracts of any Borrower to any Persons who are the Administrative Agent and/or any Lender (or any Affiliate of the Administrative Agent or any Affiliate of any Lender) at the time such contracts were entered into (even if the respective Person subsequently ceases to be a party to the Credit Agreement for any reason), whether absolute or contingent and howsoever and whenever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor).

Foreign Exchange Obligations means the obligations of any Person under any foreign currency future, option, swap or cap or other foreign currency hedge or arrangement.

Foreign Exchange Obligations means the Foreign Exchange Reserve and all other Obligations of the Borrowers with respect to the Foreign Exchange Agreements.

Foreign Exchange Obligations shall have the meaning set forth in Section 2.15 hereof.

Foreign Exchange Obligations shall have the meaning set forth in Section 3.1C.

Foreign Exchange Obligations means all indebtedness, obligations and liabilities of the Lender to CFG under the Foreign Exchange Agreement.

Foreign Exchange Obligations means all amounts owed by Borrower and any Guarantor to Lender arising from any Foreign Exchange Transactions.