Hedging Affiliate definition

Hedging Affiliate means any ABL Hedging Affiliate, any Term Loan Hedging Affiliate, any Additional ABL Hedging Affiliate or any Additional Term Hedging Affiliate, as applicable.
Hedging Affiliate any Person who (a) has entered into a Hedging Agreement with any Grantor with the obligations of such Grantor thereunder being secured by one or more Loan Documents, (b) was a Lender or an Affiliate of a Lender on the date hereof, or at the time of entry into such Hedging Agreement, or at the time of the designation referred to in the following clause (c), and (c) has been designated by the Parent Borrower in accordance with Section 8.4 hereof (provided that no Person shall, with respect to any Hedging Agreement, be at any time a Hedging Affiliate with respect to more than one Credit Facility).
Hedging Affiliate means any Affiliate of a Lender which enters into a Financial Instrument.

Examples of Hedging Affiliate in a sentence

  • Upon being so designated by the Parent Borrower, such Bank Products Affiliate or Hedging Affiliate (as the case may be) shall be a Non-Lender Secured Party for the purposes of this Agreement for as long as so designated by the Parent Borrower.

  • Upon being so designated by the Parent Borrower, such Bank Products Affiliate or Hedging Affiliate (as the case may be) shall be a Non-Lender Secured Party for the purposes of this Agreement for as long as so designated by the Parent Borrower; provided that, at the time of the Parent Borrower’s designation of such Non-Lender Secured Party, the obligations of any Grantor under the applicable Hedging Agreement or Bank Products Agreement have not been designated as Cash Flow Collateral Obligations.

  • Each Lender irrevocably appoints, authorizes and directs the Agent, as its attorney and agent, with full power of substitution and delegation, to complete and execute on its behalf any Adhesion Contract relating to a Person designated as a Lender Hedging Affiliate pursuant to Section 11.1. Each Lender agrees that it shall be bound by the terms of each such Adhesion Contract so executed by the Agent.

  • The Toronto Dominion Bank is entering into this Agreement in its capacity as a lender and agent under the Credit Agreement and as agent for and on behalf of any Lender (including The Toronto Dominion Bank) or Hedging Affiliate which is a counterparty to any Lender Financial Instrument with any Debtor.

  • The Borrower may from time to time designate any affiliate of a Lender as a Lender Hedging Affiliate for the purposes of this Agreement provided that such Affiliate enters into a Qualified Hedge Agreement with the Borrower.


More Definitions of Hedging Affiliate

Hedging Affiliate means any Original First Lien Hedging Affiliate, any [ ]i [First/Second]ii Lien Hedging Affiliate or any Additional Hedging Affiliate, as applicable.
Hedging Affiliate as defined in the ABL/Term Loan Intercreditor Agreement.
Hedging Affiliate any Person who (i) has entered into a Hedging Agreement with any U.S. Grantor with the obligations of such U.S. Grantor thereunder being secured by one or more Loan Documents, (ii) was an Agent, a Lender or an Affiliate of a Lender on the date hereof, or at the time of entry into such Hedging Agreement, or at the time of the designation referred to in the following clause (iii), and (iii) has been designated by the Parent Borrower for and on behalf of the U.S. Borrowers in accordance with subsection 8.4.
Hedging Affiliate any Person who (i) has entered into a Hedging Agreement with any Grantor with the obligations of such Grantor thereunder being secured pursuant to this Agreement or one or more other Loan Documents, (ii) was an Agent, an Other Representative, a Lender or an Affiliate of an Agent, an Other Representative or a Lender at the time of entry into such Hedging Agreement, or on or prior to May 15, 2012, or at the time of the designation referred to in the following clause (iv) or (iii) an ABL Agent, an ABL Credit Agreement Lender (as defined in the Base Intercreditor Agreement) or an Affiliate of an ABL Credit Agreement Lender at the time of entry into such Hedging Agreement, or on or prior to the date of this Agreement, or at the time of the designation referred to in the following clause (iv), and (iv) has been designated by the Borrower in accordance with subsection 8.4 hereof (provided that no Person shall, with respect to any Hedging Agreement, be at any time a Hedging Affiliate with respect to more than one Credit Facility (as defined in the Base Intercreditor Agreement or Cash Flow Intercreditor Agreement, as applicable)).
Hedging Affiliate as defined in the Guarantee and Collateral Agreement.