Hedge Payments definition

Hedge Payments means (a) any amounts in respect of any periodic, termination or other payments (excluding the posting of margin) due and owing at such time under Permitted Interest Rate Xxxxxx, (b) any amounts required to be posted or pledged as collateral in respect of margin requirements under the terms of any credit support annex of a Permitted Interest Rate Hedge entered into in connection with a Permitted Interest Rate Hedge and (c) any amounts constituting interest payable under any applicable credit support annex in respect of amounts posted or pledged as margin and held as collateral under such credit support annex.

Hedge Payments means amounts payable by the Authority pursuant to any Hedge Agreement, other than Termination Payments, fees, expenses, and indemnity payments.

Hedge Payments. For any Distribution Date, the payment, if any, due under the Hedge Agreements in respect of such Distribution Date.

Examples of Hedge Payments in a sentence

• The principal of and interest on Revenue Obligations, amounts for interest under a Credit Facility and Hedge Payments shall be excluded from the determination of Debt Service Requirement to the extent that the same were or are expected to be paid with amounts on deposit on the date of calculation (or proceeds of Revenue Obligations to be deposited on the date of issuance of proposed Revenue Obligations) in a fund under the Resolution.

• In such event, the Master Trustee shall, upon request of the Trust, execute and deliver to the Trust all such instruments as may be desirable to evidence such release and discharge and shall pay over or deliver to the Trust all moneys or securities held by it pursuant to this Trust Agreement which are not required for the payment or redemption of Bonds not theretofore surrendered for such payment or redemption or for the payment of Reimbursement Obligations or Qualified Hedge Payments.

• The Master Trustee shall apply such amounts to the payment of such interest and principal, Scheduled Hedge Payments and Reimbursement Obligations on and after the due dates thereof.

• The Master Trustee shall apply such amounts to the payment of such interest and principal and Scheduled Hedge Payments on and after the due dates thereof.

• Moneys in the related subaccount of the Hedge Payments Account shall be used solely to pay Hedge Payments under Qualified Hedge Agreements when due.

More Definitions of Hedge Payments

Hedge Payments means any amounts payable by the Issuer as interest on the related notional amount under a Qualified Hedge Agreement; excluding, however, any payments due as a penalty or a fee or by virtue of termination of a Qualified Hedge Agreement or any obligation to provide collateral.

Hedge Payments means amounts payable by NVTC pursuant to any Hedge Agreement, other than termination payments, fees, expenses, and indemnity payments.

Hedge Payments means for each Payment Date, any and all amounts due and payable to the Hedge Counterparty under each Hedging Agreement from but not including the preceding Payment Date to and including such Payment Date.

Hedge Payments means amounts payable to or receivable by the Issuers pursuant to any Hedge Agreement.

Hedge Payments. With respect to any Distribution Date, any amounts paid by the Hedge Counterparty under the Interest Rate Hedge Agreement to the Trustee for deposit into the Interest Rate Hedge Payment Fund, other than any Hedge Termination Payments.

Hedge Payments means payments (other than Contingent Hedge Payments) due by or to Concessionaires under Hedging Obligations, in each case in the ordinary course of business for the purpose of fixing, hedging or swapping interest rate, foreign currency exchange rate or fuel cost risk (or to reverse or amend any such agreements previously made for such purposes), and not for speculative purposes, and that do not increase the Debt of the obligor outstanding at any time other than as a result of fluctuations in interest rates, foreign currency exchange rates or fuel cost, or by reason of fees, indemnities and compensation payable thereunder. For the avoidance of doubt, the term Hedge Payments in respect of the New Notes and any other Senior Indebtedness includes Hedge Interest Amounts.

Hedge Payments means the regularly scheduled payments to be paid to a Hedge Provider by the Authority under the terms of a Hedge Facility absent any termination, default or dispute in connection with that Hedge Facility.