Interest Rate Hedge Counterparty definition

Interest Rate Hedge Counterparty means each financial institution with which the Issuer enters into an Interest Rate Hedge Transaction or any permitted assignee or successor thereto under the terms of the related Interest Rate Hedge Transaction and in each case which satisfies the applicable Rating Requirement (taking into account any guarantor thereof), and provided always that such financial institution has the regulatory capacity, as a matter of Dutch law, to enter into derivatives transactions with Dutch residents.

Interest Rate Hedge Counterparty means each financial institution with which the Issuer enters into an Interest Rate Hedge Transaction or any permitted assignee or successor thereto under the terms of the related Interest Rate Hedge Transaction and in each case which satisfies the applicable Rating Requirement (taking into account any guarantor thereof).

Interest Rate Hedge Counterparty means each financial institution with which the Issuer enters into an Interest Rate Hedge Agreement or any permitted assignee or successor thereto under the terms of the related Interest Rate Hedge Agreement in each case, which satisfies the applicable Rating Requirement (taking into account any guarantor thereof).

Examples of Interest Rate Hedge Counterparty in a sentence

• Each Lender Party (on behalf of itself and its Affiliates in their capacities as an Interest Rate Hedge Counterparty) hereby acknowledge that no Agent shall be under any duty to take any discretionary action permitted to be taken by it pursuant to the provisions of this Agreement unless it shall be requested in writing to do so by the Required Lenders.

• Each Lender Party (on behalf of itself and its Affiliates in their capacities as an Interest Rate Hedge Counterparty) further acknowledge and agree that so long as an Agent shall make any determination to be made by it hereunder or under any other Loan Document in good faith, such Agent shall have no liability in respect of such determination to any Person.

• Indemnity payments to the Holders of the Notes (or their related creditor liquidity providers), or any Series Enhancer or any Interest Rate Hedge Counterparty or any Currency Hedge Counterparty for increased costs, funding costs, breakage costs, taxes, other taxes, expenses or other indemnity payment, including, without limitation, the amounts payable pursuant to the provisions of the related Supplement.

• The Administrative Agent shall promptly notify the Lenders and each Interest Rate Hedge Counterparty of any such notice of termination or reduction of the Aggregate Commitments.

• An Eligible Interest Rate Hedge Counterparty that has entered into an Interest Rate Hedge Agreement but thereafter ceases to meet the criteria set forth in the definition of Eligible Interest Rate Hedge Counterparty shall continue to be an Interest Rate Hedge Provider until it is terminated or replaced under the applicable Interest Rate Hedge Agreement and all amounts owed to such Interest Rate Hedge Provider are paid in full.

More Definitions of Interest Rate Hedge Counterparty

Interest Rate Hedge Counterparty means any Person who is a Lender, an Agent or an Affiliate of a Lender, an Agent or an Arranger (or any Person who was a Lender, an Agent or an Arranger or an Affiliate of a Lender, an Agent or Arranger at the time of execution and delivery of the applicable Interest Rate Hedge Agreement) who has entered into an Interest Rate Hedge Agreement. For the avoidance of doubt, each Interest Rate Hedge Counterparty may continue to be an Interest Rate Hedge Counterparty regardless of whether it or its Affiliates ceases to be a Lender.

Interest Rate Hedge Counterparty means each financial institution (other than the Collateral Manager or an Affiliate thereof) meeting the Required Rating with which the Issuer enters into an Interest Rate Hedge Agreement in respect of which Rating Agency Confirmation has been received or, upon any termination of any Interest Rate Hedge Agreement with such counterparty and replacement thereof, any financial institution (other than the Collateral Manager or an Affiliate thereof) in respect of which Rating Agency Confirmation has been received (taking into account any guarantor thereof) or, in each case, any permitted assignee or successor (other than the Collateral Manager or an Affiliate thereof) thereto under any Interest Rate Hedge Agreement in respect of which Rating Agency Confirmation has been received and “Interest Rate Hedge Counterparties” means, as the context may require, any or all of them;

Interest Rate Hedge Counterparty means each financial institution with which the Issuer enters into an Interest Rate Hedge Agreement or any permitted assignee or successor under any Interest Rate Hedge Agreement which, in each case, satisfies the applicable Required Ratings (as defined in the relevant Hedge Agreement) upon the date of entry into such agreement (or in respect of which Rating Agency Confirmation has been obtained on such date) and provided always that such financial institution has the regulatory capacity as a matter of Dutch law to enter into derivatives transactions with Dutch residents.

Interest Rate Hedge Counterparty means each financial institution with which the Issuer enters into an Interest Rate Hedge Agreement or any permitted assignee or successor thereto under the terms of such Interest Rate Hedge Agreement and which, in each case, has the regulatory capacity, as a matter of Dutch law, to enter into derivative transactions with residents of The Netherlands and satisfies the applicable Rating Requirement (or whose obligations are guaranteed by a guarantor which satisfies the applicable Rating Requirement).

Interest Rate Hedge Counterparty means, with respect to any Interest Rate Hedge Agreement, the counterparty to the Issuer under such Interest Rate Hedge Agreement.

Interest Rate Hedge Counterparty means any financial institution which, at the time it enters into an Interest Rate Hedge Agreement, satisfies the applicable Rating Requirement and is authorised to conduct derivatives business with residents domiciled in Ireland.

Interest Rate Hedge Counterparty. Any Eligible Interest Rate Hedge Counterparty or any counterparty to a cap, collar or other hedging instrument permitted to be entered into pursuant to the Indenture.