Lender Swap Agreement definition

Lender Swap Agreement means an Interest Rate Agreement, Currency Agreement or other swap agreement between Company or a Subsidiary of Company and a Swap Counterparty.

Lender Swap Agreement means any interest rate Swap Contract not prohibited by Article VI or VII that is entered into by and between any Loan Party and any Hedge Bank.

Lender Swap Agreement means any Swap Agreement between the Parent or any Restricted Subsidiary and any Lender or any Affiliate of any Lender which is in existence on the Effective Date or which is entered into while such Person is a Lender or an Affiliate of a Lender even if such Person ceases to be a Lender or an Affiliate of a Lender after entering into such Swap Agreement.

Examples of Lender Swap Agreement in a sentence

• Guarantied Party shall not be deemed to have any duty whatsoever with respect to any Swap Counterparty until it shall have received written notice in form and substance satisfactory to Guarantied Party from Company, a Guarantor or the Swap Counterparty as to the existence and terms of the applicable Lender Swap Agreement.

• To the extent that any Liens are granted by the Borrower and/or its Subsidiaries in favor of the Agent to secure the Obligations, then the obligations owing to each Lender Counterparty under an Eligible Lender Swap Agreement shall also be secured by such Liens on an equal and ratable basis with the Obligations.

• Each Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by this Agreement, any other Loan Documents, each Lender Swap Agreement and that the waiver set forth in this Section 9.05 is knowingly made in contemplation of such benefits.

• Notwithstanding the foregoing and other than as expressly provided herein, no Lender or Affiliate of a Lender (or former Lender or Affiliate of a former Lender) shall have any voting or consent right under this Agreement or any Collateral Document as a result of the existence of obligations owed to it under a Lender Swap Agreement that is secured by any Collateral Document.

• Upon failure by any Credit Party to pay when due any such amount, each of the Guarantors agrees that it shall forthwith on demand pay to the Administrative Agent for the benefit of the Lenders and, if applicable, their Affiliates, the amount not so paid at the place and in the manner specified in this Agreement, any other Loan Document, any Lender Swap Agreement, as the case may be.

More Definitions of Lender Swap Agreement

Lender Swap Agreement means any Swap Agreement not prohibited by this Agreement that is entered into by and between any Borrower and any Hedge Bank.

Lender Swap Agreement means any Swap Agreement between or among either Borrower or one or more of their respective Subsidiaries and any Lender or any Affiliate of any Lender, in each case, entered into in compliance with Section 6.06.

Lender Swap Agreement any Swap Agreement that (i) was in effect on the Closing Date between a Loan Party and a counterparty that is a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent as of the Closing Date or (ii) is or was entered into after the Closing Date between a Loan Party and any counterparty that is a Lender or the Administrative Agent or an Affiliate of a Lender or the Administrative Agent at the time such Swap Agreement is entered into.

Lender Swap Agreement means a “Swap Agreement” (as defined in the First Lien Credit Agreement as in effect on the Closing Date) between the Company or any other Grantor and a Swap Counterparty.

Lender Swap Agreement means any Swap Agreement between or among either Borrower or one or more of their respective Subsidiaries and any Lender or any Affiliate of any Lender, in each case, entered into in compliance with S ection 6.06.

Lender Swap Agreement has the meaning ascribed to such term in the Credit Agreement; “Letter of Credit” has the meaning ascribed to such term in the Credit Agreement;

Lender Swap Agreement means a Swap Agreement between the Borrower or any other Grantor and a Hedge Bank.