Permitted Hedging definition

Permitted Hedging has the meaning given to such term in Paragraph 17 (Hedging) of Schedule H (General Undertakings).
Permitted Hedging means Financial Instruments:
Permitted Hedging means non-speculative hedging of currency, interest rate and commodity risks.

Examples of Permitted Hedging in a sentence

  • Previously, Andrew was employed by Compass Group plc latterly as Managing Director of Millie’s Cookies and before that as Global Brand Director of Upper Crust.

  • As long as the Borrower is required to maintain Interest Rate Swap Agreements pursuant to this Agreement, the Borrower shall neither terminate (other than Permitted Hedging Terminations), transfer, nor consent to any transfer of (other than to a Qualified Counterparty) any Interest Rate Swap Agreement without the prior written consent of the TIFIA Lender.

  • Any Additional Senior Creditor, any Person providing Permitted Subordinated Debt or Subordinated Refinancing Debt, and any Person providing Permitted Hedging Arrangements, shall become a party hereto as a Secured Party hereunder upon entering into an Joinder Agreement substantially in the form of Appendix F hereof with Concessionaire, the Security Trustee and the Intercreditor Agent.

  • Alignment of the definition of Permitted Hedging in the OKEA02 Bond Terms with the definition of Permitted Hedging in the OKEA03 Bond Terms.

  • Any Permitted Hedging Obligation may be secured by the Disbursement Security, which shall be shared between the Secured Parties in accordance with the terms of the Intercreditor Agreement, and any additional security as permitted under paragraph (b) of the definition of "Permitted Security".


More Definitions of Permitted Hedging

Permitted Hedging means any obligation of any Group Company under a derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price in the ordinary course of business and not for speculative purposes.
Permitted Hedging means any non-speculative hedging by an Obligor in its ordinary course of business, provided that the Financial Indebtedness outstanding thereunder does not exceed USD 10,000,000 (or the equivalent in other currencies).
Permitted Hedging means non-speculative Hedging Agreements and Commodity Agreements entered into by the Borrower or a Restricted Subsidiary in the ordinary course of business; provided that such hedging or purchases do not exceed the anticipated commodity inputs (in the case of commodity hedging and purchases), the anticipated indebtedness for borrowed money (in the case of interest rate hedging) or the anticipated revenue (in the case of currency hedging) and further provided that the Huntsman Preferred Stock Obligations shall be included as Permitted Hedging.
Permitted Hedging means Financial Instruments which are entered into in the ordinary course of business and for hedging purposes and not for speculative purposes (determined, where relevant, by reference to GAAP); provided that at all times: (a) no such contract requires the Company or its Subsidiaries to put up money, assets or other security (excluding unsecured letters of credit and, to the extent expressly permitted under the Second Lien Credit Agreement, Collateral (as defined in the Second Lien Credit Agreement) under the Collateral Documents (as defined in the Second Lien Credit Agreement) or collateral under the First Lien Credit Agreement) against the event of its nonperformance prior to actual default by the Company or its Subsidiaries in performing its obligations thereunder and (b) each such contract is with a counterparty or has a guarantor of the obligation of the counterparty who at the time the contract is made is rated at least A- by Standard and Poor’s Rating Group or A3 by Moody’s Investor Services, Inc.
Permitted Hedging means any hedging or derivative arrangements entered into to manage or hedge, directly or indirectly, actual or anticipated exposures arising in the ordinary course of business and on a non-speculative basis.
Permitted Hedging means any non-speculative secured or unsecured hedging of interest, currency and commodity risks or other similar derivative transactions including, without limitation, swaps, forward contracts, call options and put options in whatever form.