Hedging Termination Obligations definition

Hedging Termination Obligations means the aggregate amount of (i) Hedging Obligations payable to the Hedging Banks by the Borrower, as the fixed rate payor, upon the early unwind of all or a portion of the Hedging Agreements, net of all amounts payable to the Borrower by such Hedging Banks, as floating-rate payor thereunder, plus (ii) any penalty payments or other payments in the form of unwind fees payable in connection with an early unwind.
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Hedging Termination Obligations means the aggregate amount payable to the Qualified Counterparties by the Borrower upon the early termination of all or a portion of an Interest Rate Swap Agreement, net of all amounts payable to the Borrower by such Qualified Counterparties upon the early unwind of all or a portion of such Interest Rate Swap Agreement. For the avoidance of doubt, all calculations of such amounts payable under the Interest Rate Swap Agreement shall be made in accordance with the terms of the applicable Interest Rate Swap Agreement.
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Hedging Termination Obligations means the aggregate amount payable to the Hedging Banks by the Borrower upon the early termination of all or a portion of the Hedging Agreements, net of all amounts payable to the Borrower by such Hedging Banks upon such early termination. For the avoidance of doubt, all calculations of such amounts payable under the Hedging Agreements shall be made in accordance with the terms of the applicable Hedging Agreements.
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Examples of Hedging Termination Obligations in a sentence

  • Each prepayment of Loans shall be accompanied by accrued interest on the amount prepaid, any additional amounts required pursuant to Section 3.5 and any Hedging Termination Obligations payable in connection therewith.

  • The Borrower’s obligations to pay Hedging Obligations and Hedging Termination Obligations shall be from the sources and in the priority specified in the Indenture Documents.

  • Each prepayment of Loans shall be accompanied by accrued interest on the amount prepaid, any additional amounts required pursuant to Section 3.5 of this Agreement and any Hedging Termination Obligations payable in connection therewith.

  • The TIFIA Loan shall be secured by the Liens on the Trust Estate and subordinate, during any period when a Bankruptcy Related Event with respect to the Borrower has not occurred, only (except as otherwise required by law) to the Lien on the Trust Estate of the Senior Obligations, the Hedging Obligations in respect of Senior Obligations, and the Hedging Termination Obligations (other than Subordinated Hedging Termination Obligations) in respect of such Hedging Obligations.

  • The Borrower’s obligations to pay (A) any payments required in connection with the acquisition of a Qualified Hedge to assure that the fixed interest rate to be paid by the Borrower or interest rate cap provided to the Borrower under the Qualified Hedge, together with the Bank Lending Margin, is at or below the Loan Underwriting Rate, (B) Hedging Obligations and (C) Hedging Termination Obligations shall be from the sources and in the priority specified in the Collateral Agency Agreement.

  • The Borrower’s obligations to pay (A) any payments required in connection with the acquisition of a Qualified Hedge to assure that the fixed interest rate to be paid by the Borrower or interest rate cap provided to the Borrower under the Qualified Hedge, together with the Bank Lending Margin, shall be at or below the Loan Underwriting Rate, (B) Hedging Obligations and (C) Hedging Termination Obligations shall be from the sources and in the priority specified in the Indenture.

  • The TIFIA Loan shall be secured by the Liens on the Collateral subordinate, during any period when an Event of Default described in Section 20(a)(xi)(A) has not occurred, only (except as otherwise required by law) to the Lien on the Collateral of the Senior Obligations, Hedging Obligations and Hedging Termination Obligations (other than Subordinated Hedging Termination Obligations).

  • Upon the occurrence of a Bankruptcy Related Event with respect to the Borrower and Subject to Section 19(b), the TIFIA Loan shall be secured by a first priority security interest in the Trust Estate on a parity with the Senior Obligations, the Hedging Obligations in respect of Senior Obligations and the Hedging Termination Obligations (other than Subordinated Hedging Termination Obligations) in respect of such Senior Obligations.

  • All Junior Subordinate Obligations shall be subordinated, to the extent and in the manner provided in this Article XI-A, to the prior payment in full of the Senior Obligations and Subordinate Obligations then due and payable and any deposits then required to be made to the Fees and Expenses Fund or the Existing Hedging Termination Obligations Fund.

  • Business Associate shall not sell PHI or use or disclose PHI for purposes of marketing or fundraising.


More Definitions of Hedging Termination Obligations

Hedging Termination Obligations means the aggregate amount payable to the Swap Parties by the Commission upon the early unwind of all or a portion of the Swaps, net of all amounts payable to the Commission by such Swap Parties upon the early unwind of all or a portion of such Swaps. For the avoidance of doubt, all calculations of such amounts payable under the Swaps shall be made in accordance with the terms of the applicable Swaps.
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Hedging Termination Obligations means the aggregate amount of (i) amounts payable to any Hedging Banks by the Concessionaire under a Hedging Agreement, upon the early unwind of all or a portion of each Hedging Agreement, net of all amounts payable to the Concessionaire by such Hedging Banks, plus (ii) any penalty payments or other payments in the form of unwind fees payable in connection with an early unwind under such Hedging Agreement. For avoidance of doubt, the calculations of Hedging Termination Obligations payable under a Hedging Agreement shall be made in accordance with the terms of such applicable Hedging Agreement.
Sample 1
Hedging Termination Obligations means the aggregate amount payable to the Hedge Provider by the Borrower upon the early unwind of all or a portion of the Hedge Facility, net of all amounts payable to the Borrower by such Hedge Provider upon the early unwind of all or a portion of such Hedge Facility. For the avoidance of doubt, all calculations of such amounts payable under the Hedge Facility shall be made in accordance with the terms of the applicable Hedge Facility.
Sample 1
Hedging Termination Obligations means the aggregate amount payable to the Hedging Banks (as defined in the 2019 TIFIA Loan Agreement) by HRTAC upon the early termination of all or a portion of the Hedging Agreements (as defined in the 2019 TIFIA Loan Agreement), net of all amounts payable to HRTAC by such Hedging Banks upon the early unwind of all or a portion of such Hedging Agreements. For the avoidance of doubt, all calculations of such amounts payable under the Hedging Agreements shall be made in accordance with the terms of the applicable Hedging Agreements.
Sample 1
Hedging Termination Obligations means the aggregate amount payable to the Hedging Banks by SH 130 upon the early unwind of the Hedging Agreements on the Hedging Early Termination Date, net of all amounts payable to SH 130 by such Hedging Banks upon the early unwind of such Hedging Agreements on the Hedging Early Termination Date.
Sample 1
Hedging Termination Obligations means the aggregate amount payable to the Swap Parties by the Commission upon the early unwind of all or a portion of the Swaps or Qualified Swap Agreements, as applicable, net of all amounts payable to the Commission by such Swap Parties upon the early unwind of all or a portion of such Swaps or Qualified Swap Agreements. For the avoidance of doubt, all calculations of such amounts payable under the Swaps or Qualified Swap Agreements shall be made in accordance with the terms of the applicable Swaps or Qualified Swap Agreements.
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Related to Hedging Termination Obligations

  • Interest Rate Protection Obligations means the obligations of any Person pursuant to any Interest Rate Protection Agreements.

  • Net Obligation means the amount owed to PJMSettlement and PJM for purchases from the PJM Markets, Transmission Service, (under Tariff, Parts II and III , and other services pursuant to the Agreements, after applying a deduction for amounts owed to a Participant by PJMSettlement as it pertains to monthly market activity and services. Should other markets be formed such that Participants may incur future Obligations in those markets, then the aggregate amount of those Obligations will also be added to the Net Obligation.