Initial Hedge Counterparty definition

Initial Hedge Counterparty has the meaning specified in Section 16.1(a) herein.

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Initial Hedge Counterparty means The Royal Bank of Scotland plc.

Initial Hedge Counterparty means Glencore Commodities Limited.

Examples of Initial Hedge Counterparty in a sentence

The Rated Noteholders, the Initial Hedge Counterparty and each Income Noteholder is an express third-party beneficiary of this Indenture.
For purposes of Section 5.5(a)(2), if the Initial Hedge Counterparty shall fail to vote to direct the sale and liquidation of the Collateral within three Business Days after written notice from the Issuer or the Trustee requesting a vote pursuant to such Section 5.5(a)(2), the Initial Hedge Counterparty shall not be entitled to participate in the vote requested by such notice.
Nothing in this Indenture or in the Rated Notes, expressed or implied, shall give to any Person, other than the parties hereto and their successors hereunder, the Rated Noteholders, the Initial Hedge Counterparty and each Income Noteholder, any benefit or any legal or equitable right, remedy or claim under this Indenture.
Without having obtained the consent of the applicable parties pursuant to this Section 8.2, the Trustee shall not enter into any such supplemental indenture if, as a result of such supplemental indenture, the interests of any Holder of Rated Notes, the Initial Hedge Counterparty or of the Income Noteholders would be materially and adversely affected thereby.
If no successor trustee shall have been appointed and an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation, the resigning Trustee or any Holder of a Rated Note or the Initial Hedge Counterparty on behalf of itself and all others similarly situated, subject to Section 5.15, may petition any court of competent jurisdiction for the appointment of a successor Trustee.

More Definitions of Initial Hedge Counterparty

Initial Hedge Counterparty means Wachovia Bank, National Association.

Initial Hedge Counterparty means each counterparty with which the Issuer enters into an Initial Hedge Agreement.

Initial Hedge Counterparty means Merrill Lynch International Bank Limited.

Initial Hedge Counterparty means Citibank N.A., London Branch, provided it has the regulatory capacity to enter into derivative transactions with Dutch residents.

Initial Hedge Counterparty means any person which becomes party hereto as an “Initial Hedge Counterparty” pursuant to Clause 21.10 (Creditor Accession Undertaking) and which is or has become party to the Initial Senior Facilities Agreement as a “Hedge Counterparty” (as defined in the Initial Senior Facilities Agreement).

Initial Hedge Counterparty. Deutsche Bank AG, New York Branch, a national banking association, or its successor and assigns.

Initial Hedge Counterparty means Bank of America, N.A. under the initial Hedge Agreement and any of its successors, assigns or replacements under the initial Hedge Agreement appointed in accordance with the terms of this Indenture and the initial Hedge Agreement. Initial Payment Date means the Payment Date occurring in July, 2005.