Hedge Facility definition

Hedge Facility means any of the following: any rate swap transaction, basis swap, cap transaction, floor transaction, collar transaction or other “Transaction” as defined in the 2000 U.S. Municipal Counterparty Definitions published by the International Swap Dealers Association, Inc. or any amendments to or subsequent editions of such Definitions or any similar transaction (regardless of how defined) permitted under any such amendments to or more recent editions of such Definitions or of any similar publications of such association or any similar organization and any transactions similar to any of the foregoing; or any combination of any of the transactions described in this definition.
Sample 1Sample 2Sample 3
Hedge Facility means any rate swap transaction, basis swap transaction, cap transaction, floor transaction, collar transaction, or similar transaction, which is intended to convert or limit the interest rate payable with respect to any Bonds, and which (a) is designated in writing to the Trustee by the Borrower as a Hedge Facility to relate to all or part of one or more Series of Bonds; (b) is with a Qualified Hedge Provider identified in writing to the Trustee within the 60 day period preceding the date on which the calculation of Annual Debt Service or Maximum Annual Debt Service is being made; and (c) has a term not greater than the term of the designated Bonds or a specified date for mandatory tender or redemption of such designated Bonds.
Sample 1Sample 2
Hedge Facility means the Swap Facility or the Forward Rate Facility.
Sample 1Sample 2

Examples of Hedge Facility in a sentence

  • The Policy was developed to “establish a mechanism to manage complaints and suggestions from stakeholders”, meant the public or the users of the MoH services. Objectives of the Policy: Defining one reference in the Ministry to handle complaints and suggestions. Determining the channels of communication and communication with the stakeholders. Establishing mechanisms for managing complaints (receiving, classification, analysis, feedback).

  • The Transportation Enterprise shall comply with all federal laws and regulations, the State Constitution, FASTER and all other State laws relating to the Bonds, any TIFIA Loan, any Credit Facility or Hedge Facility, the Project, the organization and operation of the Transportation Enterprise and the subject matter of this Master Indenture and each Supplemental Indenture.

  • The Transportation Enterprise may purchase or arrange for a Credit Facility with respect to any amounts payable to the provider of a Hedge Facility and, if the regularly scheduled amounts payable by the provider of the Hedge Facility are pledged to the payment of Bonds, may agree to make payments to the provider of such Credit Facility on parity with the payment of Debt Service on such Bonds for the provider’s fees and expenses and for the reimbursement of any Debt Service on such Bonds.

  • Termination payments and other amounts payable to the provider of such a Hedge Facility shall be payable from the Surplus Account, as provided in Section 3.14 hereof or other moneys that are not part of the Trust Estate.

  • The Trustee is hereby directed to agree to the provisions regarding any Credit Facility or Hedge Facility contained in any Supplemental Indenture or any separate agreement agreed to by the Transportation Enterprise and the provider.

  • All or any portion of the agreement between the Transportation Enterprise and the provider of any Credit Facility or Hedge Facility may be included in any Supplemental Indenture or in a separate agreement between or among the Transportation Enterprise, the provider of such Credit Facility or Hedge Facility or the Trustee.

  • Other changes in the internal or external information on judging the credit quality changes.The Bank established Stage 1 and Stage 2 for debt instruments based on bonds ratings.

  • The agreement between the Transportation Enterprise and the provider of any Credit Facility or Hedge Facility shall be included in a Supplemental Indenture or in a separate agreement accompanying such Supplemental Indenture between or among the Transportation Enterprise, the provider of such Credit Facility or Hedge Facility and the Trustee.

  • Of these, 65 had a mark below 20 percent and there were only 7 passes (i.e. 50 percent and above).

  • The funding proposal mandated CBA to complete a Senior Secured Gold Prepaid Forward and Mandatory Hedge Facility (Facility) to allow Bulletin to contribute to its interest in the refurbishment and development of the Nicolsons Gold Project.


More Definitions of Hedge Facility

Hedge Facility means any payment agreement entered into by or for the Authority to effect any rate swap transaction, basis swap transaction, cap transaction, floor transaction, collar transaction, or similar transaction, which is intended to convert or limit the interest rate payable with respect to any Bonds, and which (i) is designated as a Hedge Facility to relate to all or part of one or more Series of Bonds; (ii) is with a Hedge Provider; and (iii) has a term not greater than the term of the designated Bonds or a specified date for mandatory tender or redemption of the designated Bonds.
Sample 1Sample 2
Hedge Facility means any rate swap transaction, basis swap transaction, cap transaction, floor transaction, collar transaction, or similar transaction, which is intended to convert or limit the interest rate payable with respect to any Bonds, and which (a) is designated in writing to the Trustee by an Airports Authority Representative as a Hedge Facility to relate to all or part of one or more Series of Bonds; (b) is with a Qualified Hedge Provider or an entity that has been a Qualified Hedge Provider, in either instance identified in writing to the Trustee, within the 60 day period preceding the date on which the calculation of Annual Debt Service or Maximum Annual Debt Service is being made; and (c) has a term not greater than the term of the designated Bonds or a specified date for mandatory tender or redemption of such designated Bonds.
Sample 1
Hedge Facility means the Master Transaction Agreement dated as of August 1, 2006 among Société Générale, as hedge provider, MxEnergy Inc., as counterparty and the Company and certain of its subsidiaries, as guarantors, the ISDA Documents (as defined therein) and any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements or replacements thereof.
Sample 1
Hedge Facility means any rate swap transaction, basis swap transaction, cap transaction, floor transaction, collar transaction, or similar transaction entered into by the City, for and on behalf of the Department, and a Hedge Provider, which is intended to be integrated with and to convert or limit the interest rate on any Bonds.
Sample 1
Hedge Facility means any rate swap transaction, basis swap transaction, cap transaction, floor transaction, collar transaction, or similar transaction, which is intended to convert or limit the interest rate payable with respect to any Bonds, and which (a) is designated in writing to the Trustee by an Authority Representative as a Hedge Facility to relate to all or part of one or more Series of Bonds; (b) is with a Qualified Hedge Provider or an entity that has been a Qualified Hedge Provider within the 60 day period preceding the date on which the calculation of Annual Debt Service or Maximum Annual Debt Service is being made; and (c) has a term not greater than the term of the designated Bonds or a specified date for mandatory tender or redemption of such designated Bonds.
Sample 1Sample 2
Hedge Facility means any payment agreement entered into by or for the Borrower to effect any rate swap transaction, basis swap transaction, cap transaction, floor transaction, collar transaction, or similar transaction, which is intended to convert or limit the interest rate payable with respect to any Bonds, and which (i) is designated as a Hedge Facility to relate to all or part of one or more series of Bonds; (ii) is with a Qualified Hedge Provider; (iii) has a term not greater than the term of the designated Bonds or a specified date for mandatory tender or redemption of the designated Bonds and (iv) is otherwise on terms and conditions acceptable to the TIFIA Lender.
Sample 1

Related to Hedge Facility

  • Hedge Transaction means each interest rate cap transaction between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 5.2 and is governed by a Hedging Agreement.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Hedging Arrangements means, with respect to any Person, any agreements or other arrangements (including interest rate swap agreements, interest rate cap agreements and forward sale agreements) entered into to protect that Person against changes in interest rates or the market value of assets.

  • 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.

  • Rate Hedging Obligations of a Person means any and all obligations of such Person, 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 and all Rate Hedging Agreements, and (b) any and all cancellations, buy backs, reversals, terminations or assignments of any Rate Hedging Agreement.