Hedging Order definition

Hedging Order means the order, in form and substance satisfactory to the Administrative Agent, granting the Hedging Motion.

Hedging Order means an order to sell (or buy) a Dual Counter Security in the primary counter for the purpose of hedging against the risk of long (or short) positions in a transaction arising from a market making order in that Dual Counter Security;

Hedging Order means the order granting the relief sought by the Debtors in the Motion of the Debtors’ For Entry of Interim and Final Orders (i) Authorizing the Debtors to Enter Into and Perform Under Postpetition Hedging Arrangements, (ii) Granting Liens and Superpriority Administrative Expense Claims, And (iii) Granting Related Relief.

Examples of Hedging Order in a sentence

• Amended and Restated Swap Agreements means certain amended and restatedswap agreements between the Debtors and the Continuing Hedging Lenders, governed by a master agreement substantially in the form attached to the Interim Hedging Order as Exhibit 1.

• The covariates used in this model are industry (mainly three-digit SIC 2007), geography (English regions and UK countries), and size bands (eight employment size bands: 1 to 2, 3 to 4, 5 to 9, 10 to 19, 20 to 49, 50 to 99, 100 to 249 and 250 or more).The model parameter estimates are obtained by fitting the model that best predicts the data gathered from reporting units with very few local units.

• Amended and Restated Swap Agreements means certain amended andrestated swap agreements between the Debtors and the Continuing Hedging Lenders, governed by a master agreement substantially in the form attached to the Interim Hedging Order as Exhibit 1.

• Subject to the CarveOut, and consistent with the Hedging Order, the obligations of the Debtors pursuant to the DIP Hedges shall be allowed superpriority claims pursuant to section 364(c)(1) (the “Superpriority Hedge Claims”).

• The Hedging Order shall be in full force and effect, the Debtors shall have used commercially reasonable efforts to implement an Acceptable Hedging Program, and the reorganized Debtors shall be able to maintain a similar program following the Effective Date under the terms of the Exit RBL Facility, Exit Term Loans, and any other financing arrangements entered into by the Debtors on the Effective Date.

More Definitions of Hedging Order

Hedging Order means that certain Order (A) Authorizing the Debtors to (I) Continue Prepetition Hedging Arrangements, (II) Enter into Postpetition Hedging Arrangements, (III) Grant Liens and Superpriority Claims, and (IV) Pay Prepetition Hedging Obligations, and (B) Modifying the Automatic Stay entered by the Bankruptcy Court on June 30, 2016 and filed as ECF No. 433 in the Chapter 11 Cases.

Hedging Order means the final order entered by the Bankruptcy Court in the Chapter 11 Cases, which (i) grants Adequate Protection Claims and Adequate Protection Liens to secure the obligations of Party B under this Agreement and (ii) authorizes Party B to pay its obligations under this Agreement in the ordinary course of business.

Hedging Order means any order by the Bankruptcy Court granting the Company Parties relief related to any Hedge Contract.

Hedging Order means the order of the CCAA Court issued November 27, 2013 granting the Hedging Charge and authorizing the Required Xxxxxx, subject to the CCAA Court’s approval of the Required Hedging Arrangements.

Hedging Order means the final order of the Bankruptcy Court authorizing the Debtors to, among other things, maintain the Prepetition Interest Rate Swaps and enter into Postpetition Hedging Arrangements.

Hedging Order means, collectively, the orders entered by the Bankruptcy Court in the Chapter 11 Cases, approving the Credit Parties’ (and their Affiliates’, if applicable) entry into hedging arrangements during the Chapter 11 Cases and providing certain first priority Lien status to such hedging arrangements, which order shall be in form and substance acceptable to the Administrative Agent and the Required Lenders and shall be in full force and effect, and shall not be reversed, vacated, stayed, amended, supplemented or otherwise modified without the prior written consent of the Required Lenders; provided, that the Hedging Order shall not permit Swap Agreements to (i) be secured by any assets of any Credit Party on a pari or senior basis to the Lien securing the Obligations or (ii) have a superpriority claim which is pari passu with, or senior to, the Obligations, in each case, other than Secured Swap Agreements permitted by this Agreement. For purposes hereof, it is agreed and understood that that certain Debtors’ Emergency Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to Enter Into, and Perform Under, Hedging Arrangements on a Postposition Basis, and (II) Grant First Priority Liens, dated as of May 15, 2020 and filed with the Bankruptcy Court is acceptable to the Administrative Agent and the Required Lenders.

Hedging Order means an order of the Bankruptcy Court in substantially the form attached hereto as Exhibit N and otherwise reasonably satisfactory in form and substance to the Secured Swap Providers.