Secured Hedge Providers definition

Secured Hedge Providers means any one or more of the present and future Lenders under the Loan Agreement, or any Affiliate (as defined in the Loan Agreement) of such Lender which is a party to one or more agreements with the Borrower or any subsidiary establishing “Secured Hedge Obligations” as defined in the Loan Agreement, so long as any such Lender is a “Lender” under the Loan Agreement at the time such Secured Hedge Obligation is entered into with such Lender or Affiliate (even if any such Lender subsequently ceases to be a Lender under the Loan Agreement for any reason).
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Secured Hedge Providers means at any time of determination, the holders of Hedging Obligations at such time.
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Secured Hedge Providers means, collectively, each holder of Revolver Hedging Obligations and each holder of Term Loan Hedging Obligations.
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Examples of Secured Hedge Providers in a sentence

  • Failure to abide by all local, state and federal wiring codes shall be a basis for disconnection of service pursuant to policies of the Cooperative set from time-to-time by the Board of Trustees.

  • The benefit of the Security Instruments shall extend to and be available to the Secured Hedge Providers with respect to any Obligations described in clause (c) of the definition of “Obligations”.

  • Without limiting the generality of the foregoing, the Agent shall be required to act only at the direction of the Required Banks (as defined in the Loan Agreement) or such other vote of the Banks as required by the Loan Agreement, and not at the direction of the Secured Hedge Providers.

  • The Secured Hedge Providers shall not be entitled to make any withdrawal from, or be entitled to any amounts in the Prepayment Deposit Account unless and until the Primary Secured Obligations are paid in full.

  • GMX and Trustee shall ensure that: (i) any such successor to the Person serving as Collateral Agent under the Security Instruments assumes in writing all obligations of the Collateral Agent under this Agreement, and (ii) provides written notice to the Secured LC Providers and the Secured Hedge Providers that such Person has become the Collateral Agent under this Agreement.

  • The Borrower may maintain or enter Interest Rate Hedging Agreements with one or more Secured Hedge Providers (in each case, documented pursuant to ISDA agreements reasonably satisfactory to the Administrative Agent) in order to obtain fixed interest rate or interest rate protection in respect of up to 100% of the aggregate principal amount of Term Loans outstanding or projected to be outstanding for a period from and after the Maturity Date through the Deemed Full Amortization Date.

  • Guarantor confirms and agrees that the Guaranty Agreement guarantees and will continue to guarantee all of the present and future Secured Liabilities, including without limitation all obligations of the Borrower under the Restated Loan Agreement and all of the other Indebtedness (as defined in the Restated Loan Agreement) and the liabilities owing to the Secured Hedge Providers.

  • The Trustee (on behalf of the Holders), each Secured LC Provider, each Secured Hedge Provider, and the Collateral Agent hereby acknowledge and agree that the Collateral Agent has been granted Liens on the Collateral under the Security Instruments for the benefit of the Trustee (on behalf of the Holders), the Secured LC Providers, and the Secured Hedge Providers.

  • Collateral Agent shall undertake all the obligations set forth in the foregoing sentence and, within a commercially reasonable time, distribute to each of the Trustee (on behalf of the Holders), the Secured LC Providers, and the Secured Hedge Providers its share of all Proceeds received by Collateral Agent in accordance with Section 5 below.

  • The Agent has been appointed to act as Agent hereunder by the Lenders and, by their acceptance of the benefits hereof, the Secured Hedge Providers.


More Definitions of Secured Hedge Providers

Secured Hedge Providers means Initial Counterparty and each other Person under a Secured Hedge Agreement, provided such other Person executes and delivers a Joinder Agreement pursuant to Section 25.
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Secured Hedge Providers has the meaning provided in the Guaranty Agreement.
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Secured Hedge Providers means any “ABL Hedge Provider” as defined in the Intercreditor Agreement.
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Related to Secured Hedge Providers

  • Secured Hedge Agreement means any Swap Contract permitted under Article VI or VII that is entered into by and between any Loan Party and any Hedge Bank.

  • Secured Hedging Agreement means any Hedging Agreement between a Credit Party and a Hedging Agreement Provider, as amended, restated, amended and restated, modified, supplemented or extended from time to time.

  • Secured Hedge Obligations means Obligations under Secured Hedge Agreements.

  • Hedge Provider means Xxxxx Fargo or any of its Affiliates.

  • Secured Hedging Obligations means all Hedging Obligations owing by the U.S. Borrower or any Restricted Subsidiary to the Agent, a Joint Lead Arranger, Co-Documentation Agent or any Affiliate of any of the foregoing or a Person that was a Lender or an Affiliate of a Lender on the Closing Date or at the time the Hedge Agreement giving rise to such Hedging Obligations was entered into.

  • Hedging Agreement Provider means any Person that enters into a Hedging Agreement with a Credit Party or any of its Subsidiaries that is permitted hereunder to the extent such Person is a (a) Lender, (b) an Affiliate of a Lender or (c) any other Person that was a Lender (or an Affiliate of a Lender) at the time it entered into the Hedging Agreement but has ceased to be a Lender (or whose Affiliate has ceased to be a Lender) under the Credit Agreement.

  • Designated Hedge Agreement means any Hedge Agreement (other than a Commodities Hedge Agreement) to which the 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.

  • Lender-Related Hedge Provider means any Person that, at the time it enters into a Hedging Transaction with any Loan Party, (i) is a Lender or an Affiliate of a Lender and (ii) except when the Lender-Related Hedge Provider is SunTrust Bank or any of its Affiliates, has provided prior written notice to the Administrative Agent which has been acknowledged by the Borrower of (x) the existence of such Hedging Transaction and (y) the methodology to be used by such parties in determining the obligations under such Hedging Transaction from time to time. In no event shall any Lender-Related Hedge Provider acting in such capacity be deemed a Lender for purposes hereof to the extent of and as to Hedging Obligations except that each reference to the term “Lender” in Article IX and Section 10.3(b) shall be deemed to include such Lender-Related Hedge Provider. In no event shall the approval of any such Person in its capacity as Lender-Related Hedge Provider be required in connection with the release or termination of any security interest or Lien of the Administrative Agent.

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

  • Secured Swap Provider means (i) a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate Contract) who has entered into a Secured Rate Contract with Borrower, or (ii) a Person with whom Borrower has entered into a Secured Rate Contract provided or arranged by GE Capital or an Affiliate of GE Capital, and any assignee thereof.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Secured Swap Agreement means a Swap Agreement between (a) any Loan Party and (b) a Secured Swap Provider.

  • 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.

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

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

  • Interest Hedge Agreement means an interest rate protection agreement that may be entered into between the Borrower and an Interest Hedge Counterparty on or after the Closing Date, for the sole purpose of hedging interest rate risk between the portfolio of Collateral Loans and the Loans, as amended from time to time in accordance with the terms thereof, with respect to which the Rating Condition is satisfied.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Secured Bank Product Obligations Debt, obligations and other liabilities with respect to Bank Products owing by an Obligor to a Secured Bank Product Provider; provided, that Secured Bank Product Obligations of an Obligor shall not include its Excluded Swap Obligations.

  • Bank Products Provider means any Lender or Affiliate of a Lender that provides Bank Products to the Borrower, any Restricted Subsidiary or any Guarantor.

  • Bank Product Agreements means those agreements entered into from time to time by Borrower or its Subsidiaries with a Bank Product Provider in connection with the obtaining of any of the Bank Products.

  • Lender Counterparty means each Lender, each Agent and each of their respective Affiliates counterparty to a Hedge Agreement (including any Person who is an Agent or a Lender (and any Affiliate thereof) as of the Closing Date but subsequently, whether before or after entering into a Hedge Agreement, ceases to be an Agent or a Lender, as the case may be) including, without limitation, each such Affiliate that appoints the Collateral Agent as its agent and agrees to be bound by the Credit Documents as a Secured Party, subject to Section 9.8(c).

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • First Lien Security Documents means the Security Documents (as defined in the First Lien Credit Agreement) and any other agreement, document or instrument pursuant to which a Lien is granted or purported to be granted securing any First Lien Obligations or under which rights or remedies with respect to such Liens are governed.

  • Interest Rate Hedge Agreement means any swap, cap, collar, forward purchase or similar agreements or arrangements entered into by a Borrower or one of its Affiliates in connection with the Loan Facility for the sole purpose of reducing a Borrower’s exposure to interest rate risk and not for speculative purposes.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations, each Priority Lien Representative and the Collateral Trustee.

  • 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.