Replacement Currency Hedge Agreement definition

Replacement Currency Hedge Agreement means any Currency Hedge Agreement entered into by the Issuer upon termination of an existing Currency Hedge Agreement on substantially the same terms as such existing Currency Hedge Agreement, that preserves for the Issuer the economic effect of the terminated Currency Hedge Agreement and all Currency Hedge Transactions thereunder, subject to such amendments as may be agreed by the Trustee and in respect of which Rating Agency Confirmation is obtained.
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Replacement Currency Hedge Agreement means any replacement currency hedge agreement entered into after any replacement of the initial Currency Hedge Agreement.
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Replacement Currency Hedge Agreement means any Currency Hedge Agreement entered into by the Issuer, upon termination of an existing Currency Hedge Agreement, on substantially the same terms as such existing Currency Hedge Agreement, that preserves for the Issuer the economic effect of the terminated currency hedge transactions outstanding thereunder, subject to such amendments thereto as may be agreed by the Investment Manager, acting on behalf of the Issuer.
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Examples of Replacement Currency Hedge Agreement in a sentence

  • No assurances can be made, however, that a Replacement Currency Hedge Agreement will be entered into.Defaults, prepayments, trading and other events could increase the risk of a mismatch between the Currency Hedge Transaction and the relevant Non-Euro Obligations.


More Definitions of Replacement Currency Hedge Agreement

Replacement Currency Hedge Agreement means any Currency Hedge Agreement entered into by the Issuer upon termination of an existing Currency Hedge Agreement on economically similar terms to the original Currency Hedge Agreement, subject to such amendments thereto in respect of which Rating Agency Confirmation is obtained;
Sample 1
Replacement Currency Hedge Agreement means any Currency Hedge Agreement entered into by the Issuer in accordance with the provisions of the Collateral Management Agreement upon termination of an existing Currency Hedge Agreement on substantially the same terms as such existing Currency Hedge Agreement, that preserves for the Issuer the economic effect of the terminated Currency Agreement, subject to such amendments thereto as may be agreed by the Collateral Manager and in respect of which Rating Agency Confirmation is obtained.
Sample 1

Related to Replacement Currency Hedge Agreement

  • Agreement Currency has the meaning specified in Section 10.19.

  • Interest Rate Hedge Agreement any interest rate swap agreement, interest rate cap, collar or other arrangement between the Borrower and a Hedge Provider, consisting of a “Master Agreement” in a form published by the International Swaps and Derivatives Association, Inc., together with a “Schedule” thereto in substantially such form as the Program Agent shall have approved, each “Confirmation” thereunder confirming the terms of each transaction thereunder and any credit support annex and schedule thereto.

  • Settlement Currency means Pounds sterling ("GBP").

  • Payment Currency has the meaning given in Clause 21.4;

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Interest Rate Hedging Agreement means any interest rate protection agreement or other interest rate hedging arrangement.

  • Foreign Currency Hedge means any foreign exchange transaction, including spot and forward foreign currency purchases and sales, listed or over-the-counter options on foreign currencies, non-deliverable forwards and options, foreign currency swap agreements, currency exchange rate price hedging arrangements, and any other similar transaction providing for the purchase of one currency in exchange for the sale of another currency.

  • Interest Hedge Agreement means a Hedge Contract between the Borrower and one or more financial institutions providing for the exchange of nominal interest obligations between the Borrower and such financial institution or the cap of the interest rate on any Debt of the Borrower.

  • Relevant Currency means the currency specified as such or, if none is specified, the currency in which the Notes are denominated;

  • Hedge Agreement means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement.

  • Component Currency means any currency which, on the Conversion Date, was a component currency of the relevant currency unit.

  • Commodity Hedging Agreement means any agreement for the making or taking of delivery of any commodity, any commodity swap agreement, floor, cap or collar agreement or commodity future or option or other similar agreement or arrangement, or any combination thereof, entered into by the applicable Person, primarily for the purpose of mitigating or eliminating exposure to fluctuations in commodity prices.

  • Specified Hedge Agreement any Hedge Agreement entered into by the Borrower or any Subsidiary Guarantor and any Qualified Counterparty.

  • Primary Currency has the meaning specified in Section 9.11(c).

  • Hedging Agreement means any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement.

  • Currency Hedge Obligations means, at any time as to any Person, the obligations of such Person at such time that were incurred in the ordinary course of business pursuant to any foreign currency exchange agreement, option or futures contract or other similar agreement or arrangement designed to protect against or manage such Person’s or any of its Subsidiaries’ exposure to fluctuations in foreign currency exchange rates.

  • Designated Hedge Agreement means any Existing Hedge Agreement and any Hedge Agreement (other than a Commodities Hedge Agreement) to which a Borrower or any Subsidiary is a party and as to which, at the time such Hedge Agreement is entered into, a Lender or any of its Affiliates is a counterparty.

  • Rate Hedging Agreement means an agreement, device or arrangement providing for payments which are related to fluctuations of interest rates, exchange rates or forward rates, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar protection agreements, forward rate currency or interest rate options, puts and warrants.

  • First Currency has the meaning specified in Section 1.15.

  • Other Currency has the meaning specified in Section 1.15.

  • Judgment Currency has the meaning specified in Section 10.19.

  • Original Currency has the meaning assigned to such term in Section 2.17.

  • Hedging Arrangement means a hedge, call, swap, collar, floor, cap, option, forward sale or purchase or other contract or similar arrangement (including any obligations to purchase or sell any commodity or security at a future date for a specific price) which is entered into to reduce or eliminate or otherwise protect against the risk of fluctuations in prices or rates, including interest rates, foreign exchange rates, commodity prices and securities prices.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • Guaranteed Hedge Agreement means any Hedge Agreement permitted under Article V that is entered into by and between any Loan Party and any Hedge Bank.

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.