Examples of Hedging Creditors in a sentence
The Collateral Agent will act as agent for the Hedging Creditors and the Credit Card Creditors for all purposes of the Security Documents, including the enforcement or release thereof.
However, until termination and repayment in full of the Facilities and the termination and repayment of all obligation under Article 6, the claims of the Hedging Creditors and those of the Issuing Lenders who no longer have any Commitment will not be taken into account in any situation where a decision regarding the Subsidiary Guarantees has to be made by the Lenders, including any enforcement or release thereof.
For such purposes, the provisions of Article 17, Article 18 and Article 19 (adapted accordingly) will also apply to the Hedging Creditors and the Credit Card Creditors.
However, until termination and repayment in full of the Revolving Facility, the claims of the Hedging Creditors and the Credit Card Creditors will not be taken into account in any situation where a decision regarding the Security has to be made by the Revolving Lenders, including any enforcement or release thereof.
For such purposes, the provisions of Articles 18, 19 and 20 (adapted accordingly) will also apply to the Hedging Creditors and the Bilateral LC Issuers.