Common use of Secured Hedging Agreements Clause in Contracts

Secured Hedging Agreements. In addition to the foregoing, no amendment shall be made to any Credit Document without the consent of each counterparty to a Secured Hedging Agreement affected thereby if the effect thereof would be to exclude the Obligations evidenced by a Secured Hedging Agreement from the collateral security and other benefits of such Credit Document (it being understood that any release of Liens shall be permitted to be effectuated by Agent, Required Lenders or all Lenders (together with the consent of any counterparty to a Secured Hedging Agreement, if required), as applicable, in accordance with the terms of this Agreement).

Appears in 5 contracts

Samples: Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp), Credit Agreement (Resource America Inc)

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