FX Hedging Transaction definition

FX Hedging Transaction means a foreign exchange swap transaction traded over-the-counter.
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FX Hedging Transaction means any transaction entered into for the purpose of hedging against exchange rate fluctuations that, at the time the underlying Hedging Agreement is entered into, is not prohibited under the terms of the Super Senior Debt Documents or the Pari Passu Debt Documents (in each case, in their form as at the date of entry into the relevant Debt Document) to share in the Transaction Security.
Sample 1

Examples of FX Hedging Transaction in a sentence

  • The relevant outstanding FX Swap Line Maximum Amount will be reduced by the amount of each FX Hedging Transaction resulting from the exercise of the Option and re-increased by such amount if and when the relevant FX Hedging Transaction is fully settled.

  • Instead the Clearing Member is obliged to pay the FX Swap Line Contractual Penalty to Eurex Clearing AG, provided that the FX Swap Line Contractual Penalty is only payable once with respect to the same FX Hedging Transaction.

  • By virtue of Eurex Clearing AG unilaterally exercising its right under the Option in accordance with the provisions set out in Clause 0 above, an FX Hedging Transaction (where relevant, a Gap Currency Amount GBP/USD FX Hedging Transaction and a Corresponding EUR/USD FX Hedging Transaction) shall become effective between Eurex Clearing AG and the Clearing Member (in its capacity as FX Hedge Counterparty).

  • The payments to be made by the Clearing Member (in its capacity as FX Hedge Counterparty) under the near leg of an FX Hedging Transaction shall be made – with respect to each currency of the Currency Pairs – on a net basis.

  • A Corresponding EUR/USD FX Hedging Transaction shall not count towards the FX Swap Line Maximum Amount with respect to USD.

  • Unless otherwise provided for in this Agreement, the terms and conditions of Chapter I and of Chapter VIII of the Clearing Conditions shall apply to each FX Hedging Transaction as if it was a Transaction.

  • Unless otherwise provided for in the Clearing Conditions, the Clearing Member shall not assign any of its rights or claims under this Agreement and/or under an FX Hedging Transaction except with the prior written consent of Eurex Clearing AG.

  • Any payments to be made by Eurex Clearing AG to the Clearing Member (in its capacity as FX Hedge Counterparty) under an FX Hedging Transaction shall be made directly to the relevant Currency Products Cash Account of the Clearing Member through the CLS CCP Service.

  • Rivermeade Avenue will be extended to ensure proper integration of existing and future residential development.There will be no discernable increase in traffic on Rivermeade Drive associated with the new development given that traffic from the proposed new housing going to and from Swords will likely use the proposed new Link Road to Killeek Lane rather than travelling westwards through existing development onto the Toberburr Road.

  • The amount of the FX Swap Line Contractual Penalty – as determined by Eurex Clearing AG – is the equivalent in the relevant Clearing Currency of 40 basis points of the payment due under the relevant leg of the relevant FX Hedging Transaction, with a minimum of EUR 2,500.00, CHF 3,000.00 or GBP 2,000.00, as applicable, and a maximum of EUR 10,000,000.00, CHF 12,000,000.00 or GBP 8,000,000.00, as applicable.

Related to FX Hedging Transaction

  • FX Transaction means any transaction for the purchase by one party of an agreed amount in one Currency against the sale by it to the other party of an agreed amount in another Currency.

  • 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.