Hedging Period has the meaning set forth in Section 2.04(a).
Hedging Period means each period commencing on a Distribution Date on which (i) the Excess Spread Percentage on such Distribution Date is less than 7.50% or (ii) the LIBOR Rate for the Interest Period commencing on such Distribution Date is greater than 3.00% and ending on the next Distribution Date on which the condition described in clause (i) or (ii) hereof that caused such period to commence no longer exists.
Hedging Period means the period of consecutive Scheduled Trading Days beginning on, and including, December 17, 2013, and ending on, and including, the earlier of (i) the first date on which Dealer (or its affiliate or agent) has completed purchasing Shares to adjust its Hedge Positions in connection with this Amendment and (ii) February 20, 2014 (such earlier date, the “Hedge Completion Date”).
Examples of Hedging Period in a sentence
Upon the commencement of any Hedging Period and at all times thereafter during such Hedging Period, the Borrower shall be party to one or more Hedge Transactions which collectively satisfy the Hedge Requirements or shall provide Hedge Reserve Amounts as set forth in this Section 5.03.
More Definitions of Hedging Period
Hedging Period. A period commencing on the date that the Borrower has elected to nullify the Excess Spread Advance Rate Adjustment by giving notice to the Deal Agent pursuant to Section 5.3 and ending on the date on which the Borrower has elected to reinstate the Excess Spread Advance Adjustment by delivering a revocation notice pursuant to Section 5.3.
Hedging Period means each period (i) commencing on a Distribution Date on which (i) the Excess Spread Percentage on such Distribution Date is less than 6.75% or (ii) the LIBOR Rate for the Interest Period commencing on such Distribution Date is greater than 3.00%, and ending on the next Distribution Date on which the condition described in clause (i) or (ii) hereof that caused such period to commence no longer exists. Excess Spread Percentage is greater than or equal to 6.75%, (ii) during the occurrence and continuance of an Event of Default and (iii) commencing upon the occurrence of the Commitment Termination Date.
Hedging Period means, at any time the Aggregate Loan Principal Balance is greater than $0, each period (i) commencing on a Distribution Date on which the Excess Spread Percentage on such Distribution Date is less than 7.50%, and ending on the next Distribution Date on which the Excess Spread Percentage is greater than or equal to 7.50%, (ii) during the occurrence and continuance of an Event of Default and (iii) commencing upon the occurrence of the Commitment Termination Date.
Hedging Period means the period beginning on and including the date hereof and ending on and including the date of completion of the Seller’s Initial Hedge (as determined by the Seller in good faith).
Hedging Period means each period from, and including, one Hedging Date, to, and including, the next following Hedging Date, provided that the first Hedging Period shall commence on the first succeeding 20th calendar day of a calendar month after the Fixing Date and the last Hedging Period shall end on the Valuation Date.
Hedging Period means the period from and including the Effective Date to and including the earlier of (a) the day that is 3 months after the Effective Date or, if such day is not a Business Day, the immediately following Business Day, (b) the day on which Party A gives Party B a Supplemental Notice specifying the Number of Shares equal to the Maximum Number of Shares and (c) such earlier date mutually agreed between the parties. The parties confirm and acknowledge that this Confirmation, as supplemented by the Supplemental Notices and as further amended and supplemented from time to time, constitutes (except in relation to the right to elect Physical Settlement, which is subject to the Physical Settlement Election Condition) a binding contract between CS and Counterparty for the Transaction with effect from the Trade Date upon signing.
Hedging Period means each period from, and including, one Hedging Date, to, but excluding, the next following Hedging Date, provided that the first Hedging Period shall commence on (and include) the Fixing Date and the last Hedging Period shall end on (but exclude) the Valuation Date.