Examples of Hedging Exposure in a sentence
Hedging- Exposure, and- Arbitrage This paragraph is adapted to each specific part but the limits previously set out in the prospectus for each type of derivative are maintained.
Payments by the Collateral Agent in respect of (i) the Bank Credit Obligations shall be made to the Banks in accordance with the Bank Credit Agreement or any Additional Bank Credit Agreement, as applicable; (ii) the Senior Note Obligations shall be made as directed in writing by the Noteholder or the Additional Noteholder, as the case may be, to whom such Senior Note Obligations are owed; and (iii) Hedging Exposure shall be made as directed by the Bank to which such is owed.
Any appreciation of the Hedging Exposure over such amount as is referred to in the Credit Support Annex that is not already fully secured by the Mortgage shall be covered by cash collateral on a Dollar for Dollar basis for the amount of any shortfall (and which shall be documented through the Credit Support Annex) and credited to a dedicated swap account opened with the Account Bank.
If, at any time, the aggregate principal amount of all outstanding Revolving Credit Loans exceeds the Revolving Credit Commitment minus the sum of the L/C Obligations and the Hedging Exposure, the Company will immediately prepay the Revolving Credit Loans in an amount sufficient to eliminate such excess and pay the Bank any amount due under Section 4.9 in connection therewith.
The Borrower shall maintain and continue to maintain Eligible Liquid Collateral such that the Borrowing Base is at all times equal to or in excess of the sum of: (i) the outstanding principal amount of Term Loans; plus (ii) Hedging Exposure.