Secured Swap Contract definition

Secured Swap Contract means any Swap Contract required or permitted under this Agreement that is entered into by and between the Borrower and any Swap Bank.

Secured Swap Contract has the meaning ascribed to it in the Recitals. ---------------------

Secured Swap Contract means any interest rate or foreign exchange rate Swap Contract that is entered into by and between the Borrower or any of its Subsidiaries and any Swap Bank.

Examples of Secured Swap Contract in a sentence

• Notwithstanding the foregoing, Obligations arising under Secured Treasury Management Agreements and Secured Swap Contracts shall be excluded from the application described above if the Administrative Agent has not received written notice thereof, together with such supporting documentation as the Administrative Agent may request, from the Lender or Affiliate of a Lender party to such Secured Treasury Management Agreement or such Secured Swap Contract, as the case may be.

• Notwithstanding the foregoing, Obligations arising under Secured Treasury Management Agreements and Secured Swap Contracts shall be excluded from the application described above if the Administrative Agents have not received written notice thereof, together with such supporting documentation as the Administrative Agents may request, from the Lender or Affiliate of a Lender party to such Secured Treasury Management Agreement or such Secured Swap Contract, as the case may be.

• Any notice required or permitted to be given under --------------- this Assignment shall be given (i) in the case of the Assignor and each Lender, in accordance with the Credit Agreement, (ii) in the case of a L/C Creditor, in accordance with the relevant Secured Letter of Credit and (iii) in the case of a Swap Creditor, in accordance with the relevant Secured Swap Contract.

• Any notice required or permitted to be given under --------------- this Assignment shall be given (i) in the case of the Assignor, Agent, and each Lender, in accordance the Credit Agreement, (ii) in the case of a L/C Creditor in accordance with the relevant Secured Letter of Credit and (iii) in the case of a Swap Creditor, in accordance with the relevant Secured Swap Contract.

• Any repayment or prepayment made pursuant to this Section 2.04 shall not affect Borrower’s obligation to continue to make payments under any Secured Swap Contract, which shall remain in full force and effect notwithstanding such repayment or prepayment, subject to the terms of such Secured Swap Contract.

More Definitions of Secured Swap Contract

Secured Swap Contract is defined in the Credit Agreement.

Secured Swap Contract means any Swap Contract required or permitted under this Agreement that is entered into by and between any Loan Party and any Swap Bank.

Secured Swap Contract means any Swap Contract entered into between the Issuer or any of its Subsidiaries and a Secured Hedge Provider that is secured under the Priority Lien Documents.

Secured Swap Contract means any Rate Contract or Commodity Agreement between a Credit Party and the counterparty thereto, (i) which has been provided or arranged by a Lender or an Affiliate of 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 or Commodity Agreement) and (ii) in the case of a Commodity Agreement, to the extent the counterparty thereto has executed and delivered an agreement in form and substance acceptable to the Agent (in the reasonable discretion of Agent), pursuant to which such counterparty, notwithstanding anything else set forth in the Loan Documents, agrees to irrevocably appoint Agent to exclusively on such counterparty’s behalf enforce rights and remedies with respect to the Collateral under the Loan Documents.

Secured Swap Contract any interest rate, currency, foreign exchange, or commodity Swap Contract required or permitted under Article VI or VII between any Loan Party and any of its Subsidiaries and the Swap Provider.

Secured Swap Contract means any Swap Contract of any U.S. Loan Party with the Administrative Agent, any U.S. Revolving Sub-facility Lender or any of its Affiliates or any Person that was the Administrative Agent, a U.S. Revolving Sub-facility Lender or any of its Affiliates (i) at the time it entered into a Swap Contract, or (ii) as of the Closing Date with respect to Swap Contracts in effect as of the Closing Date (each, a “Hedge Bank”).

Secured Swap Contract means any Swap Contract permitted under Section 6.1 that is entered into by and between anythe Borrower or any Guarantor Subsidiary and any Eligible Counterparty, to the extent designated by suchthe Borrower and such Eligible Counterparty as a “Secured Swap Contract” in writing to the Administrative Agent. The designation of any Secured Swap Contract shall not create in favor of such Eligible Counterparty any rights in connection with the management or release of Collateral or of the obligations of any Guarantor under the Credit Documents.