Second Lien Hedge Agreement definition

Second Lien Hedge Agreement means any agreement with respect to any Derivative Transaction between any Second Lien Obligor or any “subsidiary” (or similar term) as defined in the Initial Second Lien Document (or any similar term in any other Second Lien Document) and any Second Lien Claimholder.
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Second Lien Hedge Agreement means a Hedge Agreement, the Hedge Agreement Payment Obligations of which are designated as Second Lien Obligations.
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Second Lien Hedge Agreement means a Swap Contract entered into with a Second Lien Lender Counterparty in order to satisfy the requirements of the First Lien Credit Agreement, the Second Lien Credit Agreement or otherwise as permitted under the First Lien Loan Documents and Second Lien Loan Documents.
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Examples of Second Lien Hedge Agreement in a sentence

  • Very low num- bers of patients (£1%) fulfilled remission off treatment.Conclusions: Overall, few patients fulfilled remission according to these defini- tions.

  • Net amounts received by the Issuer from the Counterparty pursuant to a Second Lien Hedge Agreement shall be deposited to the credit of the Second Lien Debt Service Fund or in the case of collateral postings and amounts on termination, to such other Fund or account as designated by an authorized representative of the Issuer.

  • Upon entering into a Second Lien Hedge Agreement, amounts equal to the Hedge Agreement Payment Obligations received under theSecond Lien Hedge Agreement (net of any amounts owed by the Counterparty to the Issuer) shall be deposited into the Second Lien Debt Service Fund as if such amounts were additional amounts of interest due in order to pay (when due) such Hedge Agreement Payment Obligations payable under the Second Lien Hedge Agreement from amounts on deposit in the Second Lien Debt Service Fund.

Related to Second Lien Hedge Agreement

  • Secured Hedge Agreement means any Swap Contract that is entered into by and between any Loan Party and any Hedge Bank.

  • 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.

  • Secured Hedging Agreement means any Hedging Agreement that is entered into by and between the Borrower or any Restricted Subsidiary and any Hedge Bank.

  • Hedge Agreements means interest rate swap, cap or collar agreements, interest rate future or option contracts, currency swap agreements, currency future or option contracts and other similar agreements.

  • First Lien/Second Lien Intercreditor Agreement means an intercreditor agreement substantially in the form of Exhibit H hereto, or such other customary form reasonably acceptable to the Administrative Agent and the Borrower, in each case, as such document may be amended, restated, supplemented or otherwise modified from time to time.

  • Secured Hedge Obligations means Obligations under Secured Hedge Agreements.

  • 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.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.