Hedging Strategy definition

Hedging Strategy. The hedging strategy in relation to the Facility to be agreed in writing between the Borrower and the Arranger, as amended from time to time, for the hedging of the interest, currency and commodity price risks of the Borrower.

Hedging Strategy means the hedging strategy adopted by the Borrower from time to time for the sole purpose of hedging the UK Group's then existing interest rate or currency risk exposure in connection with its ordinary business acting reasonably and prudently and not for speculative or proprietary trading purposes.

Hedging Strategy means a strategy in respect of the currency and interest rate exposure.

Examples of Hedging Strategy in a sentence

• Upon the occurrence of a Hedging Rating Trigger Event, and, as applicable, upon the occurrence of any Borrower Event of Default, the Issuer undertakes to take all reasonable steps to implement the Hedging Strategy as described under section "Hedging Strategy" of this Base Prospectus.

• The Hedging Strategy will be implemented using derivative instruments comprising, amongst others, options and futures essentially on US and European equities indices, or related volatility equities indices.The net asset value is expressed in USD.Standard investor profile: this sub-fund is suitable for investors willing to take higher risks linked to investments on stock markets in order to maximise their returns.

• Hedging Strategy The Hedging Strategy is intended to provide offsetting protection to the remainder of the Portfolio through the use of hedges and potentially reduce the impact on the Portfolio in the event of a significant credit spread widening.

• The Borrower and the Agent will negotiate in good faith and agree to adjustments of the Hedging Strategy from time to time whenever adjustments are considered necessary by the Borrower or the Agent at all times having regard to the interests of the Lenders and the financial condition of the Borrower.

• The Borrowers shall always comply with the Hedging Strategy delivered pursuant to Clause 4.1 (Documentary conditions precedent), and shall not change such strategy unless consented to by the Facility Agent.

More Definitions of Hedging Strategy

Hedging Strategy means an interest rate hedging strategy entered into by the Borrower for the purpose of providing protection against fluctuations in interest rates, pursuant to which strategy, with respect to each Payment Date and all Advances made since the immediately preceding Payment Date, the Borrower will enter into an Interest Rate Hedging Transaction with the Hedge Counterparty whereby the Borrower will make payments to the Hedge Counterparty based on a certain fixed rate and will receive from the Hedge Counterparty Swap Payments based on the LIBOR Rate, all with respect to a notional amount equal to the Total Outstanding Advances as of the date of such Interest Rate Hedging Transaction (including, without limitation, the aggregate sum of the Advances made since the immediately preceding Payment Date).

Hedging Strategy means a strategy in respect of the currency and interest rate exposure. “IBOR” means:

Hedging Strategy means the strategy for interest rate protection arrangements and foreign exchange protection arrangements set out in the Hedging Strategy Letter;

Hedging Strategy means the hedging strategy adopted by the Parent from time to time for the sole purpose of hedging the UK Group's (and, adopted by the CWC Parent prior to the Pushdown Date, for the sole purpose of hedging the Target Group's) then existing interest rate or currency risk exposure in connection with its ordinary business acting reasonably and prudently and not for speculative or proprietary trading purposes.

Hedging Strategy means the Hedging Strategy of Seller as set forth in Exhibit X.

Hedging Strategy means an interest rate hedging strategy for the purpose of providing protection against fluctuations in interest rates, which strategy may from time to time include the absence of Hedging Arrangements.

Hedging Strategy means “Hedgingstrategie” (Hedging Strategy), as this term is defined in the Facility Agreement.