Secured Hedging Agreements definition

Secured Hedging Agreements means any Hedging Agreement permitted under Section 7.19 that is entered into between the Borrower or any Subsidiary and any Hedge Party.

Secured Hedging Agreements means (i) any Interest Rate Protection Agreement and (ii) any Other Hedging Agreements.

Secured Hedging Agreements shall have the meaning provided in the recitals of this Agreement.

Examples of Secured Hedging Agreements in a sentence

• In the case of housing developments that consist of dwellings for which the beneficiaries are eligible for government housing subsidies, the City provides the electricity supply at a greatly subsidised rate.

• Each Borrower Party acknowledges the relative rights, priorities and agreements of the Administrative Agent, the Arrangers, the Lenders and counterparties to Secured Hedging Agreements, as set forth in this Agreement, including as set forth in this Section 7.02.

• Additionally, all extensions of credit to Solvest under the ABL Facility and all Secured Cash Management Obligations and Secured Hedging Agreements of the Borrower’s non-U.S. subsidiaries will be secured by perfected first priority liens on, and pledges of, the assets of Solvest and the Guarantors formed under theC-5laws of Bermuda that secure Solvest’s borrowings under the Existing Credit Agreement pursuant to Bermuda law charges and other filings in Bermuda consistent with the Existing Credit Agreement.

• The “waterfall” provisions of the ABL Facility shall provide that (i) all obligations in respect of Revolving Loans, Swingline Loans and Letters of Credit shall be paid from the proceeds of Collateral securing such obligations before any obligations in respect of the FILO Loans are paid from such proceeds and (ii) all obligations under the ABL Facility shall be repaid from the Collateral prior to any amounts owing under Secured Hedging Agreements and Secured Cash Management Obligations being paid.

• The obligations of the Borrowers under Sections 4.3, 4.4, 4.5, 4.6, 13.3 and 13.4, and the obligations of the Lenders under Section 13.1, shall in each case survive any assignment from one Lender to another (in the case of Sections 13.3 and 13.4) and the occurrence of the date on which all Obligations have been paid in full in cash, all Letters of Credit have been terminated, expired or Cash Collateralized, all Secured Hedging Agreements have been terminated and all Commitments shall have terminated.

More Definitions of Secured Hedging Agreements

Secured Hedging Agreements shall have the meaning set forth in the recitals hereto.

Secured Hedging Agreements means a Permitted Hedging Agreement that is (i) between a Credit Party and a Person who was a Lender Party or an Affiliate of a Lender Party at the time such Permitted Hedging Agreement was entered into and (ii) designated by the Borrower as an “Additional Secured Obligation” pursuant to Section 23.

Secured Hedging Agreements means any Hedging Agreement between Borrower or one or more Restricted Subsidiaries and a Hedge Bank. “Secured Obligations” means (a) all Obligations, (b) all debts, liabilities and obligations now or hereafter owing from Borrower and any

Secured Hedging Agreements means any Hedging Agreement that (a) is entered into by the Borrower and any Person that, at the time such Person entered into such Hedging Agreement, was the Administrative Agent, a Lender or an Affiliate of a Lender, (b) in the case of any Person that is not the Administrative Agent or an Affiliate of the Administrative Agent, is expressly identified as being a “Secured Hedging Agreement” hereunder in a joint notice from such Loan Party and such Person delivered to the Administrative Agent reasonably promptly after the execution of such Hedging Agreement and (c) meets the requirements of Section 8.1(g).

Secured Hedging Agreements means, collectively, all currency exchange agreements, interest rate swap agreements, interest rate cap agreements and interest rate collar agreements, and all other agreements or arrangements designed to protect either Borrower or any of its Subsidiaries against fluctuations in interest rates or currency exchange rates that are entered into in the ordinary course of business to limit risks of currency or interest rate fluctuations and not for speculative purposes by such Borrower or any such Subsidiary and under which the counterparty of such agreement is (or at the time such agreement was entered into, was) a Lender or an Affiliate of a Lender.

Secured Hedging Agreements means, collectively at any given time, those Hedging Agreements under which the then Maximum Hedging Exposure does not exceed $5,000,000. In the event that the Maximum Hedging Exposure for all of the Hedging Agreements then outstanding exceeds $5,000,000, the term "Secured Hedging Agreements" shall exclude one or more of the most recent Hedging Agreements (based upon the date thereof) until the Maximum Hedging Exposure becomes $5,000,000 or less, provided that if such exclusion causes the Maximum Hedging Exposure to be less than $5,000,000, then the last Hedging Agreement so excluded shall become a Secured Hedging Agreement but only to the extent of the difference between $5,000,000 and the Maximum Hedging Exposure under the other Secured Hedging Agreements.

Secured Hedging Agreements means any Hedging Agreement between the Guarantor or one or more of its Restricted Subsidiaries and a Hedge Bank.