Guaranteed Hedge Obligations definition

Guaranteed Hedge Obligations means the due and punctual payment and performance of all obligations of any Loan Party or Restricted Subsidiary under any Guaranteed Hedge Agreement (other than Excluded Swap Obligations).
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Guaranteed Hedge Obligations shall have the meaning assigned to such term in Section 11.01(c).
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Guaranteed Hedge Obligations means the due and punctual payment and performance of any and all obligations of Holdings or any Subsidiary of Holdings arising under each Guaranteed Hedge Agreement that are owed to a Hedge Bank.
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Examples of Guaranteed Hedge Obligations in a sentence

  • Notwithstanding the foregoing, Guaranteed Cash Management Obligations and Guaranteed Hedge Obligations shall be excluded from the application described above if Administrative Agent has not received written notice thereof, together with such supporting documentation as Administrative Agent may request, from the applicable holders thereof following such acceleration or exercise of remedies and at least three (3) Business Days prior to the application of the proceeds thereof.

  • In order to induce the Lenders to extend credit to Borrower hereunder and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), Borrower hereby absolutely and irrevocably and unconditionally guarantees, as a primary obligor and not merely as a surety, the payment when and as due of the Guaranteed Hedge Obligations and Guaranteed Cash Management 103 Obligations of its Subsidiaries (collectively, the “Specified Ancillary Obligations”).

  • No holder of any Guaranteed Hedge Obligations or Guaranteed Cash Management Obligations that obtains the benefits of Section 9.4 by virtue of the provisions hereof or of any Loan Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents.

  • Each holder of Guaranteed Hedge Obligations or Guaranteed Hedge Obligations not a party to this Agreement that has given the notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of Administrative Agent pursuant to the terms hereof for itself and its Affiliates as if a “Lender” party hereto.

  • The obligations of each Guarantor under this Section 7.03 shall be automatically reinstated with respect to the Obligations, if and to the extent that for any reason any payment by or on behalf of any Loan Party in respect of the Guaranteed Obligations or Guaranteed Hedge Obligations is rescinded or must be otherwise restored by any holder of any of such Guaranteed Obligations or Guaranteed Hedge Obligations, as applicable.


More Definitions of Guaranteed Hedge Obligations

Guaranteed Hedge Obligations means all existing or future payment and other obligations owing by any Loan Party under any Guaranteed Hedge Agreement; provided that the “Guaranteed Hedge Obligations” of a Loan Party shall exclude any Excluded Swap Obligations with respect to such Loan Party.
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Guaranteed Hedge Obligations means all existing or future payment and other obligations owing by any Credit Party or any of its Subsidiaries under any Guaranteed Hedge Agreement; provided, that, the “Guaranteed Hedge Obligations” of a Credit Party shall exclude any Excluded Swap Obligations with respect to such Credit Party.
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Guaranteed Hedge Obligations means the obligations of the Borrower or any of its Subsidiaries under any and all Hedge Agreements between the Borrower or any such Subsidiary and any Hedge Counterparty.
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Guaranteed Hedge Obligations means the due and punctual payment and performance of all obligations of the Parent and each Restricted Subsidiary under each Swap Agreement that (i) is in effect on the Closing Date with a counterparty that is a Lender or the Administrative Agent or an Affiliate of any of the foregoing as of such date or (ii) is entered into after the Closing Date with any counterparty that is a Lender or the Administrative Agent or an Affiliate of any of the foregoing at the time such Swap Agreement is entered into; provided, however, the term “Guaranteed Hedge Obligations” shall not (a) include any obligations under any Swap Agreement of a Foreign Subsidiary unless the Borrower designates such Swap Agreement in writing to the Administrative Agent as constituting Guaranteed Hedge Obligations (b) create any guarantee by any Guarantor of (or grant of security interest by any Guarantor to support) any Excluded Swap Obligations of such Guarantor.
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Guaranteed Hedge Obligations means the due and punctual payment and performance of all obligations of each Loan Party under each Swap Agreement that (i) is in effect on the Restatement Effective Date with a counterparty that is a Revolving Lender or an Affiliate of a Revolving Lender as of such date or (ii) is entered into after the Restatement Effective Date with any counterparty that is a Revolving Lender or an Affiliate of a Revolving Lender at the time such Swap Agreement is entered into; provided, however, the term “Guaranteed Hedge Obligations” shall not create any guarantee by any Guarantor of (or grant of security interest by any Grantor to support) any Excluded Swap Obligations of such Guarantor.
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Related to Guaranteed Hedge Obligations

  • Guaranteed Hedge Agreement means any Hedge Agreement required or permitted under Article V that is entered into by and between any Loan Party and any Hedge Bank.

  • Swap Obligations means with respect to any Guarantor any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.

  • Secured Hedging Obligations means all Hedging Obligations owing by the U.S. Borrower or any Restricted Subsidiary to the Agent, a Joint Lead Arranger, Co-Documentation Agent or any Affiliate of any of the foregoing or a Person that was a Lender or an Affiliate of a Lender on the Closing Date or at the time the Hedge Agreement giving rise to such Hedging Obligations was entered into.

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • Guarantee Obligations means, as to any Person, any obligation of such Person guaranteeing or intended to guarantee any Indebtedness of any primary obligor in any manner, whether directly or indirectly, including any obligation of such Person, whether or not contingent, (i) to purchase any such Indebtedness or any property constituting direct or indirect security therefor, (ii) to advance or supply funds (a) for the purchase or payment of any such Indebtedness or (b) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase property, securities, or services primarily for the purpose of assuring the owner of any such Indebtedness of the ability of the primary obligor to make payment of such Indebtedness, or (iv) otherwise to assure or hold harmless the owner of such Indebtedness against loss in respect thereof; provided, however, that the term guarantee obligations shall not include endorsements of instruments for deposit or collection in the ordinary course of business or customary and reasonable indemnity obligations or product warranties in effect on the Closing Date or entered into in connection with any acquisition or disposition of assets permitted under this Agreement (other than such obligations with respect to Indebtedness). The amount of any guarantee obligation shall be deemed to be an amount equal to the stated or determinable amount of the Indebtedness in respect of which such guarantee obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is required to perform thereunder) as determined by such Person in good faith.

  • Swap Agreement Obligations means any and all obligations of the Loan Parties and their Subsidiaries, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (a) any Swap Agreement permitted hereunder with a Lender or an Affiliate of a Lender, and (b) any cancellations, buy backs, reversals, terminations or assignments of any Swap Agreement transaction permitted hereunder with a Lender or an Affiliate of a Lender.

  • Secured Hedge Agreement means any Swap Contract that is entered into by and between any Loan Party and any Hedge Bank.