Derivative Agreements definition

Derivative Agreements any foreign exchange contracts, interest rate and currency swap agreements, floors, caps, collars, swaptions and similar derivative contracts, in each case, between the Borrower or any Subsidiary Guarantor, on the one hand, and any Lender or any Affiliate of any Lender, on the other hand.

Derivative Agreements means contracts commonly known as invest- ment contracts, interest rate swap agreements, or contracts providing for payments based on levels of or changes in interest rates, or contracts to exchange cash flows or a series of payments, to hedge payment, rate, spread, or similar exposure, which the governing body of the Authority determines to be necessary, desirable, or appropriate to achieve a desirable effective interest rate in connection with bonds, notes, or bond anticipation notes issued by the Authority.

Derivative Agreements means (a) the agreement dated 14 October 1997 between The Royal Bank of Scotland plc and Telewest and the schedule and confirmations thereto; (b) the agreement dated 8 October 1998 between JPMorgan Chase Bank and Telewest and the schedule and confirmations thereto; (c) the agreement dated 15 June 2000 between Credit Agricole Indosuez (London branch) and Telewest and the schedule and confirmations thereto; and (d) the agreement dated 21 August 2000 between The Bank of New York and Telewest and the schedule and confirmations thereto;

Examples of Derivative Agreements in a sentence

• The Counterparties to the ETF’s Derivative Agreements meet those designated ratings requirements.

• The ETF’s exposure to Derivative Agreements by Counterparty is disclosed in the credit risk section of note B of the ETF-specific notes information.

• The ETF’s maximum credit risk exposure as at the reporting date is represented by the respective carrying amounts of the financial assets in the statements of financial position, including any positive mark-to-market of the ETF’s Derivative Agreement(s).

• In order to achieve its investment objective, the type of Derivative Agreements the ETF has entered into are forward agreements (the “Forward Agreements”) with one or more bank Counterparties.

• However, the performance of the ETF is primarily affected by the performance of its Derivative Agreements, which are rebalanced daily, and is tied to the performance of the Underlying Index.

• Each Derivative Agreement has a remaining term to maturity at any point in time of less than five years which, with the consent of the ETF and the applicable Counterparty, will be extended annually for a fixed number of years and, provided no default or event of default and no unresolved hedging event or disruption event has occurred and is continuing, the ETF has the ability to request the termination of its exposure under its Derivative Agreements, in whole or in part, atany time.

• The Counterparty to any Derivative Agreements entered into by the ETF must be a chartered Canadian bank or an aflliate of a chartered Canadian bank whose obligations are guaranteed by a chartered Canadian bank, and has a designated rating.

• To the extent that the Company earns net income (other than dividends from taxable Canadian corporations and cer- tain taxable capital gains and after available deductions), including in respect of derivative transactions (including in respect of the ETF’s Derivative Agreements described in note 7), interest and income paid or made payable to it by a trust resident in Canada, the Company will be subject to income tax on such net income and no refund will be available in respect thereof.

• The Counterparty to any Derivative Agreements entered into by the ETF must be a chartered Canadian bank or an affiliate of a chartered Canadian bank whose obligations are guaranteed by a chartered Canadian bank, and has a designated rating.

• To the extent that the Company earns net income (other than dividends from taxable Canadian corporations and certain taxable capital gains and after available deductions), including in respect of derivative transactions (including in respect of the ETF’s Derivative Agreements described in note 7), interest and income paid or made payable to it by a trust resident in Canada, the Company will be subject to income tax on such net income and no refund will be available in respect thereof.

More Definitions of Derivative Agreements

Derivative Agreements of any Person at any date, swaps, caps or collar agreements or similar arrangements to which such Person and any financial institution, commodities or stock exchange or clearinghouse (a "Derivatives Counterparty") are parties under which such parties agree to exchange payments based upon interest rates, exchange rates or market prices or values or changes therein in respect of debt obligations or equities, currencies or commodities or indexes in respect of any of the foregoing without delivery of the same (including, whether or not otherwise included in the foregoing, options granted or written by such Person in favor of a Derivatives Counterparty intended to be settled in cash.)

Derivative Agreements means, collectively, the Secured Hedge Agreements and the Equity Derivatives.

Derivative Agreements means1. options, forwards and futures, swaps, forward interest rate agreements (FRAs), and any other derivative contracts with physical or financial settlement which relate to securities, currency, interests, return measurements, other derivatives, financial indices or financial measurement units,2. commodity derivatives,3. credit derivatives,

Derivative Agreements means any the agreements deriving from the Cooperation Agreement and any appendix, amendment thereto, or a separate agreement and entered into in writing between the Parties, by authorized representatives comprising among others the Global Manufacturing Agreement, the Supply Chain Agreement and the Master Services Agreement which are all governed by the general terms and conditions of the Cooperation Agreement,

Derivative Agreements means1. options, forwards and futures, swaps, forward interest rate agreements (FRAs), and any other derivative contracts with physical or financial settlement which relate to securities, currency, interests, return measurements, other derivatives, financial indices or financial measurement units,2. commodity derivatives,3. credit derivatives,4. financial difference contracts, and5. other instruments which are not otherwise included by this paragraph but which shares the same characteristics as other derivative financial agreements."The collateral arrangement can either arise from an individual agreement or a master agreement meeting the requirements under the Financial Collateral Act (see below).The Financial Collateral Act applies only to such agreements where the collateral provider and/or the collateral taker is a financial institution (bank or insurance company etc.), investment firm, pension fund, UCITS fund and UCITS fund manager or clearing house, as set out in Section 1 of the Financial Collateral Act. It does not apply to agreements where both the collateral provider and the collateral taker is a body corporate, or if either the collateral provider or the collateral taker is an individual. An FCM registered with the CFTC will be regarded as an investment firm under the Act.Collateral security may as a starting point be provided either in the legal form of

Derivative Agreements means all (a) interest rate swaps, caps, floors, collars, option agreements, futures and forward Contracts and other similar interest rate risk management arrangements and interest rate insurance, and (b) foreign exchange Contracts, currency swap or option agreements, forward Contracts, commodity swaps, purchase or option Contracts, "principal only" strip swap Contracts and other similar Contracts or arrangements that, in each case, are designed to alter the risks of any Person arising from fluctuations in interest rates or currency values.