Hedge Arrangement means, for any period, for any Person, any arrangement or transaction between such Person and any other Person which is an interest rate swap transaction, basis swap, forward interest rate transaction, commodity swap, interest rate option, forward foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency interest rate swap transaction, currency option or any other similar transaction (including any option with respect to any of such transactions or arrangements) designed to protect or mitigate against risks in interest, currency exchange or commodity price fluctuations.
Hedge Arrangement means any arrangement which is a swap transaction, basis swap, forward rate transaction, interest rate option, forward foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any similar transaction (including any option with respect to any of such transactions or arrangements) designed and entered into to protect or mitigate against risks in interest, currency exchange or commodity price fluctuations. For the avoidance of doubt, a master ISDA agreement and the schedules thereto shall not in and of itself constitute a Hedge Arrangement, but each confirmation entered into thereunder shall, collectively therewith, constitute a Hedge Arrangement.
Hedge Arrangement means any arrangement which is a swap transaction, basis swap, forward rate transaction, interest rate option, forward foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option, commodity agreement or any similar transaction (including any option with respect to any of such transactions or arrangements) designed and entered into to protect or mitigate against risks in interest, currency exchange or commodity price fluctuations (for greater certainty, including any commitment to deliver gold produced by the Borrower and its Subsidiaries).
Examples of Hedge Arrangement in a sentence
The Borrower shall not, and shall not permit any other Credit Party to, enter into any Hedge Arrangement, except Hedge Arrangements entered into in order to hedge or mitigate risks to which any Credit Party has actual exposure and not for speculative purposes.
Party B and the Manager agree that each Transaction of a relevant Sub-Fund is a "Hedge Arrangement" and (where applicable) a "Support Facility" for the purposes of the Trust Deed and the Security Trust Deed with respect to the Sub-Fund.
No Group Party shall enter into or permit to be outstanding at any time any Hedge Arrangement, other than Hedge Arrangements in the ordinary course of business (and not for speculative purposes) to hedge interest rate, foreign exchange and commodity risks.
Enter into any Hedge Arrangement other than on commercially reasonable terms and for commercially reasonable purposes in connection with the Business and not for speculative purposes.
Enter into or permit to be outstanding at any time (a) any Hedge Arrangement for speculative purposes (provided, for greater clarity, the Borrowers may enter into Hedge Arrangements in respect of interest rate swaps relating to Indebtedness in the normal course of business), or (b) a Qualifying Hedge Arrangement that would result in the aggregate amount of all Qualifying Hedge Arrangements exceeding a notional or face amount equal to the Commitment.
More Definitions of Hedge Arrangement
Hedge Arrangement means, for any period, for any Group Party, any arrangement or transaction between such Group Party and a financial institution listed on Schedule I of the Bank Act (Canada), which is an interest rate swap transaction, basis swap, forward interest rate transaction, commodity swap, interest rate option, forward foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency interest rate swap transaction, currency option or any other similar transaction (including any option with respect to any of such transactions or arrangements) designed to protect or mitigate against risks in interest, currency exchange or commodity price fluctuations.
Hedge Arrangement means any futures contract, options agreement, hedge, swap or other arrangement made by the Trustee (whether alone or with the Manager or any other person) entered into in accordance with clause 10.5 and, only in the case of a Sub-Fund to which a Current Rating Authority is applicable, with a counterparty having a Prescribed Rating at the time of entering into the same or at the time the benefit of the same comes to be held by the Trustee as trustee of the Sub-Fund and includes, subject to foregoing, any agreement which is specified by the Trustee and the Manager to be a Hedge Arrangement in relation to the Fund.
Hedge Arrangement means, for any period, for any Person, any arrangement or transaction between such Person and any other Person which is an interest rate swap transaction, basis swap, forward interest rate transaction, commodity swap, interest rate option, forward foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency interest rate swap transaction, currency option or any other similar transaction (including any option with respect to any of such transactions or arrangements) designed to protect or mitigate against risks in interest, currency exchange or commodity price fluctuations and each reference to a “derivative” in Schedule AA is to be treated as a reference to a “Hedge Arrangement”.
Hedge Arrangement. Any interest rate swap, interest rate cap or other arrangement, contractual or otherwise, which has the effect of an interest rate swap or an interest rate cap or which otherwise (directly or indirectly, derivatively or synthetically) xxxxxx interest rate risk associated with being a debtor of variable rate debt or any agreement or other arrangement to enter into any of the above on a future date or after the occurrence of one or more events in the future.
Hedge Arrangement means a Financial Contract to which a Security Provider is a party;Hedge Counterparty means any provider of a Hedge Arrangement (other than a Security Provider);Interest Expense means interest and amounts in the nature of, or having a similar purpose or effect to, interest and includes:
Hedge Arrangement means an agreement, option, forward contract, fuel exchange or similar instrument that entitles Seller to purchase or acquire LP Gas for the Business or inventory that has been designated as a hedge against forward commitments to customers.
Hedge Arrangement means, for any period, for any Person, any arrangement or transaction between such Person and any other Person which is a hedging contract, forward contract, swap agreement, futures contract, or other foreign exchange protection agreement or option with respect to any such transaction, in each case designed to hedge against fluctuations in foreign exchange rates, any contract for a rate swap, rate cap, rate floor, rate collar, forward rate agreement, futures or other rate protection agreement or option with respect to any such transaction, designed to hedge against fluctuations in interest rates, any contract for a commodity swap or other production agreement or option designed to protect against fluctuations in commodity prices (which, for greater certainty, includes both physically and financially settled xxxxxx) and any other derivative agreement or other similar agreement or arrangements designed to protect or mitigate against risks in interest or currency exchange rates, or fluctuations in commodity prices.