Credit Facility Hedging Obligations definition
Credit Facility Hedging Obligations means, collectively, any Interest Swap Obligations that are permitted to be incurred under clause (4) of the definition of “Permitted Indebtedness,” Indebtedness under Currency Agreements that are permitted to be incurred under clause (5) of the definition of “Permitted Indebtedness” and Indebtedness under Commodity Agreements that are permitted to be incurred under clause (14) of the definition of “Permitted Indebtedness,” in each case, that are secured by any Credit Facility Priority Collateral under the Credit Facility Collateral Documents pursuant to Liens subject to the Intercreditor Agreement.
Credit Facility Hedging Obligations means any Obligations under any “Hedge Agreements” (as defined in any Credit Facility Document) or any equivalent term provided by a Person that is permitted to do so under a Credit Facility to an Issuer or any Guarantor, in each case, as amended, supplemented, restated, renewed, replaced, restructured, repaid, refinanced, or otherwise modified, in whole or in part, from time to time.
Credit Facility Hedging Obligations means the ABL Facility Hedging Obligations and the INMETCO Facility Hedging Obligations.
More Definitions of Credit Facility Hedging Obligations
Credit Facility Hedging Obligations means any Hedging Obligations described in clause (7)(ii) of the definition of Permitted Liens (it being understood and agreed that, in any event, a certificate of the Issuer delivered to the Notes Collateral Agent at the time such Hedging Obligation is entered into or within 20 days thereafter confirming such Hedging Obligation has been entered into for a bona fide hedging purpose and not for the purpose of speculation shall be conclusive and binding).
Credit Facility Hedging Obligations means any Interest Swap Obligations or Currency Agreements that are permitted to be incurred under clause (4) of the definition of “Permitted Indebtedness” and that are secured by any Common Collateral under the Credit Facility Collateral Documents pursuant to Permitted Liens subject to the Intercreditor Agreement.
Credit Facility Hedging Obligations means any Hedging Obligations described in clause (7)(i) of the definition of Permitted Liens and owing to a First Lien Secured Party or an Affiliate thereof, which have been entered into for bona fide hedging purposes and not for the purpose of speculation (it being understood and agreed that, in any event, with respect to any Hedging Obligation entered into after the Issue Date, an Officer’s Certificate delivered to the Agents at the time that such Hedging Obligation is entered into or within 20 days thereafter certifying that such Hedging Obligation has been entered into for a bona fide hedging purpose and not for the purpose of speculation shall be conclusive and binding for purposes of classifying such Hedging Obligation as a Credit Facility Hedging Obligation under the Intercreditor Agreement) and which are secured by one or more First Lien Collateral Documents.