Hedge Termination Payment definition

Hedge Termination Payment means any lump-sum amount payable by the Borrower to a Hedge Bank under a Secured Hedge Agreement in connection with an “Event of Default” or a “Termination Event” under and as defined in such Secured Hedge Agreement.

Hedge Termination Payment means payments due to the applicable Hedge Provider by the Issuer, including interest that may accrue thereon, under the applicable Hedge Agreement due to a termination of the applicable Hedge Agreement due to the occurrence of an “event of default” or a “termination event” under the applicable Hedge Agreement.]

Hedge Termination Payment means any Interest Rate Hedge Termination Payment, Asset Swap Termination Payment or Portfolio Currency Hedge Termination Payment, as applicable.

Examples of Hedge Termination Payment in a sentence

• The amount of any Hedge Termination Payments shall be deposited in the Hedge Termination Payment Account, and the Administrative Agent shall direct the Trustee in writing to disburse funds out of the Hedge Termination Payment Account in accordance with this Indenture.

• This is additional money that the State attached to services we could bill for.

• Any payment under a Hedging Agreement other than a Hedge Termination Payment.

• To the extent not fully paid from Hedge Replacement Proceeds, a Defaulted Hedge Termination Payment shall be payable to the Hedge Counterparty on the next Payment Date in accordance with the Priority of Payments.

• The Borrower shall make principal payments of the BMO Hedge Termination Payment in installments on the last day of each March, June, September and December in each year, commencing with the calendar quarter ending December 31, 2008, with the amount of each such principal installment to equal $2,482, it being agreed that a final payment consisting of all principal and interest not sooner paid on the BMO Hedge Termination Payment shall be due and payable on March 31, 2011.

More Definitions of Hedge Termination Payment

Hedge Termination Payment. Upon the designation of an “Early Termination Date” as defined in the Hedge Agreements, the payment to be made by the Supplemental Interest Trust to the respective Hedge Counterparty, or by the respective Hedge Counterparty to the Supplemental Interest Trust, as applicable, pursuant to the terms of the respective Hedge Agreement.

Hedge Termination Payment. The termination payment pursuant to a Swap Agreement or Cap Agreement, which would be payable out of the Supplemental Interest Trust if the Supplemental Interest Trust fails to pay the related Swap Amount or Cap Amount on a prior Distribution Date.

Hedge Termination Payment means any payment due under a Currency Hedge Agreement as a result of the termination of such Currency Hedge Agreement for whatever reason.

Hedge Termination Payment. The termination payment due to the Hedge ------------------------- Counterparty pursuant to the Hedge Agreement upon the early termination of the Hedge Agreement.

Hedge Termination Payment. Any payment due under an Interest Rate Hedging Agreement as a result of the termination (in whole or in part) of such Interest Rate Hedging Agreement for whatever reason.

Hedge Termination Payment means with respect to any Hedged Lease that becomes an Early Termination Lease and for which a Substitute Lease is not provided, the amount, if any, owing to the related Hedge Counterparty in respect of the corresponding early termination of the related Interest Rate Hedge.

Hedge Termination Payment the amount payable to or by a Project Company in connection with an early termination (whether as a result of the occurrence of an event of default or other termination event) of any Secured Hedge Agreement in accordance with the terms thereof, which amount shall be the Hedge Termination Value.