Hedge Notional Amount definition

Hedge Notional Amount. For any Advance, the aggregate notional amount in effect on any day under all Hedge Transactions entered into pursuant to Section 5.3(a) for that Advance.

Hedge Notional Amount means the aggregate notional amount in effect on any day under all Hedge Transactions entered into pursuant to Section 5.2 which have not matured, been terminated or cancelled.

Hedge Notional Amount means, as of the date of determination, an amount equal to the aggregate Notional Amount outstanding on that date and for the then current Calculation Period of all Transactions outstanding under any Hedge Agreement (as defined in the Trust Agreement) then in effect.

Examples of Hedge Notional Amount in a sentence

• No Swap Agreement Termination Event shall have occurred as a result of the Optional Exchange except to the extent of a termination resulting from the reduction in the Hedge Notional Amount (as defined in the Swap Agreement) to an amount equal to the principal amount of the Underlying Securities after giving effect to the Optional Exchange.

• Any payments due under the Swap Agreement as a result of the reduction in such Hedge Notional Amount and any such Swap Agreement Termination Event (x) that are due to the Swap Counterparty (including but not limited to Unpaid Amounts) shall have been paid to the Swap Counterparty by the Depositor and (y) that are payable by the Swap Counterparty, shall be payable for the account of the Depositor.

• Each Hedge Transaction shall (i) have a scheduled amortizing notional amount which, when combined with all other Hedge Transactions then in effect, satisfies the Hedge Notional Amount Requirement, (ii) to the satisfaction of the Agent, be sufficient to hedge the interest rate risk associated with funding fixed rate Medallion Loans with floating rate Advances hereunder and (iii) incorporate such other terms as the Agent may reasonably direct in consultation with the Servicer.

• At a meeting of shareholders called expressly for that purpose, any director or the entire Board of Directors may be removed from office with or without cause, in the manner set forth in the Articles of Incorporation.

• Each Hedge Transaction shall (i) have a scheduled amortizing notional amount which, when combined with all other Hedge Transactions then in effect, satisfies the Hedge Notional Amount Requirement, (ii) to the satisfaction of the Agent, be sufficient to ensure that the Excess Spread is maintained at a level equal to or greater than the Minimum Excess Spread and (iii) incorporate such other terms as the Agent may reasonably direct in consultation with such Borrower.

More Definitions of Hedge Notional Amount

Hedge Notional Amount means, for any Loan Asset, the aggregate notional amount in effect on any day under all Hedge Transactions entered into pursuant to Section 5.09 for that Loan Asset.

Hedge Notional Amount. For any Advance or Swingline Advance, the aggregate notional amount in effect on any day under all Hedge Transactions entered into pursuant to Section 5.3(a) for that Advance or Swingline Advance.

Hedge Notional Amount means, at any time, the aggregate notional amount of all Eligible Interest Rate Xxxxxx at such time.

Hedge Notional Amount. For any Purchase, the aggregate notional amount in effect on any day under all Hedge Transactions entered into pursuant to Section 5.4 for that Purchase.

Hedge Notional Amount means the aggregate notional amount in effect on any day under all Hedge Transactions entered into pursuant to Exhibit D for such Loan. “[●]” Indicates that text has been omitted which is the subject of a confidential treatment request. This text has been separately filed with the SEC.

Hedge Notional Amount means, for any Investment, the aggregate notional amount in effect on any day under all Hedge Transactions entered into pursuant to SECTION 6.3 for that Investment.

Hedge Notional Amount. The aggregate notional amount in effect on any day --------------------- under all Hedge Transactions entered into pursuant to a Terms Supplement.