Currency Hedge Obligations definition

Currency Hedge Obligations means, at any time as to any Person, the obligations of such Person at such time that were incurred in the ordinary course of business pursuant to any foreign currency exchange agreement, option or futures contract or other similar agreement or arrangement designed to protect against or manage such Person’s or any of its Subsidiaries’ exposure to fluctuations in foreign currency exchange rates.
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Currency Hedge Obligations means the obligations of a Person Incurred pursuant to any foreign currency exchange agreement, option or futures contract or other similar agreement or arrangement designed to protect against or manage such Person’s exposure to fluctuations in foreign currency exchange rates on Debt permitted under this Indenture.
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Currency Hedge Obligations means all liabilities and obligations of the Company arising under or in connection with the Currency Hedge Agreements, including, without limitation, all costs and expenses of the Currency Hedge Providers payable thereunder.
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Examples of Currency Hedge Obligations in a sentence

  • Although the Issuer may, subject to the satisfaction of the Hedging Condition, enter into Currency Hedge Transactions to hedge any currency exposure relating to such Non-Euro Obligations, it is not required that all Non-Euro Obligations must be Currency Hedge Obligations, and some may be Unhedged Collateral Obligations.

  • Although the Issuer intends to hedge against certain currency exposures pursuant to the Currency Hedge Transactions and the FX Forward Transactions, it is not a requirement that all Non-Euro Obligations must be Currency Hedge Obligations or Principal Hedged Obligations, and some may be Unhedged Collateral Debt Obligations.

  • Although the Issuer may, subject to the satisfaction of the Hedging Condition, enter into Currency Hedge Transactions and FX Forward Transactions to hedge any currency exposure relating to such Non-Euro Obligations, it is not required that all Non-Euro Obligations must be Currency Hedge Obligations or Principal Hedged Obligations, as the case may be, and some may be Unhedged Collateral Obligations.

  • Realistically, the authors remark, we get feedback on communicative success, not on meaning.

  • The Lenders and the Currency Hedge Providers agree that the Liens on the Collateral in favor of any Currency Hedge Provider securing the Currency Hedge Obligations shall be and hereby are subordinate to the Liens on the Collateral in favor of the Lenders securing the Bank Obligations and that each Currency Hedge Provider's rights and remedies with respect to any Collateral shall be and hereby are subordinate to the rights and remedies of the Lenders with respect thereto in accordance with the terms hereof.

  • This could result in the sale of Currency Hedge Obligations and/or termination of relevant Hedge Agreements.

  • The Cash Management Providers agree that they will not (and waive any right to) contest or support any other Person in contesting, in any action or proceeding or otherwise (including, without limitation, any federal or state bankruptcy, insolvency or liquidation proceeding), the priority, validity or enforceability of the Bank Obligations or any Lien held by the Lenders or the Currency Hedge Obligations or any Lien held by the Currency Hedge Providers.

  • No Currency Hedge Provider shall sell, assign or transfer any of its Liens on the Collateral securing Currency Hedge Obligations or any interest in the Currency Hedge Obligations except to another Currency Hedge Provider.

  • Although the Issuer may, subject to the satisfaction of the Hedging Condition, enter into Currency Hedge Transactions and FX Forward Transactions to hedge any currency exposure relating to such Non-Euro Obligations, it is not required that all Non- Euro Obligations must be Currency Hedge Obligations or Principal Hedged Obligations, as the case may be, and some may be Unhedged Collateral Obligations.

  • Any Lender may secure Currency Hedge Obligations or Cash Management Obligations by signing an acknowledgment in the form contained on the signature pages hereof and by delivering a signed counterpart hereof to the Collateral Agent by which each such Lender agrees to be bound by the terms of this Agreement.


More Definitions of Currency Hedge Obligations

Currency Hedge Obligations means the obligations of a Person Incurred pursuant to any foreign currency exchange agreement, option or futures contract or other similar agreement or arrangement designed to protect against or manage such Person’s exposure to fluctuations in foreign currency exchange rates (including any arrangement pursuant to which such Person sells accounts receivable owing to such Person to a financial institution for United States dollars (or a currency that is immediately converted into United States dollars) or obtains a loan in United States dollars (or in a currency that is immediately converted into United States dollars) from a financial institution with respect to such accounts receivable (and which loan may be secured by such accounts receivable).
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Currency Hedge Obligations means, with respect to the Company or any Guarantor, all liabilities and obligations (monetary or otherwise) of the Company or such Guarantor arising under or in connection with Currency Hedge Agreements, which liabilities and obligations, to the extent arising from a Currency Hedge Agreement not constituting a Bank Product, are not secured by the Collateral.
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Currency Hedge Obligations means, with respect to the
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Related to Currency Hedge Obligations

  • Rate Hedging Obligations of a Person means any and all obligations of such Person, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (a) any and all Rate Hedging Agreements, and (b) any and all cancellations, buy backs, reversals, terminations or assignments of any Rate Hedging Agreement.

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.

  • Hedging Arrangements means, with respect to any Person, any agreements or other arrangements (including interest rate swap agreements, interest rate cap agreements and forward sale agreements) entered into to protect that Person against changes in interest rates or the market value of assets.

  • Swap Obligations means with respect to any Guarantor any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act.

  • Hedging Obligations means, with respect to any specified Person, the obligations of such Person under:

  • Hedging Contract means (a) any agreement providing for options, swaps, floors, caps, collars, forward sales or forward purchases involving interest rates, commodities or commodity prices, equities, currencies, bonds, or indexes based on any of the foregoing, (b) any option, futures or forward contract traded on an exchange, and (c) any other derivative agreement or other similar agreement or arrangement.

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • Cash Management Obligations means obligations owed by the Company or any Subsidiary to any Lender or a Cash Management Bank in respect of (1) any overdraft and related liabilities arising from treasury, depository and cash management services or any automated clearing house transfers of funds and (2) the Company’s or any Subsidiary’s participation in commercial (or purchasing) card programs at the Lender or any Affiliate (“card obligations”).

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

  • Hedging Agreements means, collectively, interest rate protection agreements, equity index agreements, foreign currency exchange agreements, option agreements or other interest or exchange rate or commodity price hedging agreements (other than forward contracts for the delivery of power or gas written by the Borrower to its jurisdictional and wholesale customers in the ordinary course of business).