Secured Hedging Counterparty definition

Secured Hedging Counterparty means (a) a Person who has entered into a Hedging Agreement with a Loan Party if such Hedging Agreement was provided or arranged by the Administrative Agent or an Affiliate of the Administrative Agent, and any assignee of such Person or (b) a Lender or an Affiliate of a Lender who has entered into a Hedging Agreement with a Loan Party (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of the Hedging Agreement).
Secured Hedging Counterparty means (a) a Person who has entered into a Hedging Agreement with a U.S. Loan Party if such Hedging Agreement was provided or arranged by the Administrative Agent or an Affiliate of the Administrative Agent, and any assignee of such Person or (b) a Lender or an Affiliate of a Lender who has entered into a Hedging Agreement with a U.S. Loan Party (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of the Hedging Agreement).
Secured Hedging Counterparty means a counterparty to a Secured Hedging Transaction which satisfies the relevant Rating Requirement for the same.

Examples of Secured Hedging Counterparty in a sentence

  • If any such Secured Hedging Counterparty defaults or becomes unable to perform due to insolvency or otherwise, the Issuer may not receive payments it would otherwise be entitled to from such Secured Hedging Counterparty to cover its foreign exchange exposure.

  • Academic Enrichment After School Program Board approved, June 12, 2019 page 48, should read; Tameshone Bowman Lewis will replace Aereen Anyanwu as the ELA teacher.

  • In the event of the insolvency of a Secured Hedging Counterparty, the Issuer will be treated as a general creditor of the applicable Secured Hedging Counterparty.

  • None of the Issuer, the Trustee, the Custodian, the Investment Manager, the Collateral Administrator, any Secured Hedging Counterparty, the Initial Purchaser or any of their Affiliates has any liability to the VF Noteholders or Noteholders as to the amount or value of, or any decrease in the value of, the Issuer Investments from time to time.

  • The Issuer will depend upon each Secured Hedging Counterparty to perform its obligations under any applicable Secured Hedging Transactions.


More Definitions of Secured Hedging Counterparty

Secured Hedging Counterparty means GE Capital or any other Person (other than any Group Member) that entered into an Hedging Agreement with the Borrower or has provided a Secured Hedging Support Document at the request of the Borrower at a time when such Person was the Administrative Agent, a Lender or an Affiliate of a Lender.
Secured Hedging Counterparty means each Person that (a) at the commencement of the applicable Collateral Trigger Period is a Lender or an Affiliate of a Lender and is a party to a Hedging Agreement with the Borrower or a Subsidiary or (b) at the time it enters into a Hedging Agreement with the Borrower or a Subsidiary during the applicable Collateral Trigger Period, is a Lender or an Affiliate of a Lender, in each case, in its capacity as a party to such Hedging Agreement.
Secured Hedging Counterparty means any Person designated by the Borrower to be a counterparty to a Secured Hedging Agreement with any Credit Party.
Secured Hedging Counterparty means each counterparty to a Secured Hedging Agreement with a Loan Party the obligations under which constitute Obligations, provided that any counterparty to a Hedging Agreement that has been designated to the Administrative Agent in writing by the U.S. Borrower as being a Secured Hedging Agreement for the purposes of the Loan Documents shall be deemed (a) to appoint the Administrative Agent as its agent under the applicable Loan Documents and (b) to agree to be bound by the provisions of Article 10, Section 11.3, Section 11.13, Section 11.14 and Section 11.15 and any Acceptable Intercreditor Agreement as if it were a Lender. “Secured Parties” means the Lenders, the L/C Issuers, the Administrative Agent, any Secured Hedging Counterparty, each provider of Banking Services to any Loan PartyGroup Member the obligations under which constitute Banking Services Obligations, each other Indemnitee and any other holder of any Obligation of any Loan Party. “Security” means all Stock, Stock Equivalents, voting trust certificates, bonds, debentures, instruments and other evidence of Indebtedness, whether or not secured, convertible or subordinated, all certificates of interest, share or participation in, all certificates for the acquisition of, and all warrants, options and other rights to acquire, any Security. “Sell” means, with respect to any property, to sell, convey, transfer, assign, license (as licensor), lease (as lessor) or otherwise dispose of, any interest therein or to permit any Person to acquire any such interest, including, in each case, through a Sale and Leaseback Transaction or through a sale, factoring at maturity, collection of or other disposal, with or without recourse, of any notes or accounts receivable. Conjugated forms thereof and the noun “Sale” have correlative meanings. “Sellers” has the meaning specified in the Acquisition Agreement. “Similar Business” means any Person the majority of the revenues of which are derived from a business that would be permitted by Section 8.8 if the references toGroup Member” and “Restricted Subsidiaries” in Section 8.8 were read to refer to such Person(a). “Solvent” means, with respect to any Person as of any date of determination, that, as of such date, (a) the value of the assets of such Person (both at fair value and present fair saleable value) is greater than the total amount of liabilities (including contingent and unliquidated liabilities) of such Person, (b) such Person is able to pay all liabilit...
Secured Hedging Counterparty means a counterparty to a Secured Hedging Transaction which satisfies the relevant Rating Requirement for the same and has the Dutch regulatory capacity to enter into derivatives transactions with residents of The Netherlands.
Secured Hedging Counterparty means (a) the Senior Administrative Agent and (b) any other Person reasonably satisfactory to the Senior Administrative Agent that entered into a Hedging Agreement with the Borrower at a time when such Person was a Senior Lender or an Affiliate of a Senior Lender.
Secured Hedging Counterparty is defined in the definition of the term "Rate Protection Agreement".