Hedge Agreement Counterparty definition

Hedge Agreement Counterparty means an entity that has entered into a Hedge Agreement with Company or one of its Subsidiaries and at the time of entering into such Hedge Agreement was a Lender or an Affiliate of a Lender, the obligations under which are secured pursuant to the Collateral Documents and guarantied pursuant to the Guaranties.
Hedge Agreement Counterparty has the meaning assigned to that term in the Domestic Pledge Agreement.
Hedge Agreement Counterparty has the meaning assigned to that term in the Security Agreement.

Examples of Hedge Agreement Counterparty in a sentence

  • In furtherance of the foregoing provisions of this Section 20(a), each Hedge Agreement Counterparty, by its acceptance of the benefits hereof, agrees that it shall have no right individually to realize upon any of the Collateral hereunder, it being understood and agreed by such Hedge Agreement Counterparty that all rights and remedies hereunder may be exercised solely by Secured Party for the benefit of Lenders and Hedge Agreement Counterparties in accordance with the terms of this Section 20(a).

  • Guarantied Party shall not be deemed to have any duty whatsoever with respect to any Hedge Agreement Counterparty until it shall have received written notice in form and substance satisfactory to Guarantied Party from Borrowers’ Agent, a Guarantor or such Hedge Agreement Counterparty as to the existence and terms of the applicable Secured Hedge Agreement.

  • Each Pledgor hereby waives and relinquishes any duty on the part of Secured Party or any Lender any Hedge Agreement Counterparty to disclose any matter, fact or thing relating to the business, operations or condition of any Borrower now known or hereafter known by Secured Party or any Lender or Hedge Agreement Counterparty.

  • In addition, on or prior to the Closing Date, the Depositor shall cause FSA to deliver the Certificate Insurance Policy to the Trustee, MGIC to deliver the MGIC PMI Policy to the Trustee and shall (i) cause the Interest Rate Hedge Agreement Counterparty to enter into the Interest Rate Hedge Agreements with the Trustee and (ii) deposit $147,743.00 with the Trust Administrator to be distributed on the first Distribution Date after the Closing Date in connection with the November Loans.

  • In furtherance of the foregoing provisions of this Section 15(a), each Hedge Agreement Counterparty, by its acceptance of the benefits hereof, agrees that it shall have no right individually to realize upon any of the Collateral hereunder, it being understood and agreed by such Hedge Agreement Counterparty that all rights and Exh.

  • Develop prevention and control strategies to mitigate the effects of suboptimal health and disease to enhance recovery and to prevent the introduction of disease into monk seal populations.

  • Secured Party or any Beneficiary may be the purchaser of any or all of the Collateral at any such sale, and Secured Party, as agent for and representative of Lenders and Hedge Agreement Counterparties (but not any Lender or Lenders or Hedge Agreement Counterparty or Hedge Agreement Counterparties in its or their respective individual capacities unless Requisite Exh.

  • Each Grantor hereby waives and relinquishes any duty on the part of Secured Party or any Lender or any Hedge Agreement Counterparty to disclose any matter, fact or thing relating to the business, operations or condition of Borrower now known or hereafter known by Secured Party or any Lender or any Hedge Agreement Counterparty.

  • In furtherance of the foregoing provisions of this paragraph, each Hedge Agreement Counterparty, by its acceptance of the benefits hereof, agrees that it shall have no right individually to enforce this Section 10, it being understood and agreed by such holder that all rights and remedies hereunder may be exercised solely by Administrative Agent for the benefit of the Guarantied Parties in accordance with the terms of this paragraph.

  • With respect to debt service on any Bonds which are subject to a Qualified Hedge Agreement, any Hedge Payments due to the Qualified Hedge Agreement Counterparty relating to such Bonds shall be paid to the Qualified Hedge Agreement Counterparty on a parity basis with the aforesaid required payments into the Sinking Fund.

Related to Hedge Agreement Counterparty

  • Hedge Agreement means any interest or foreign currency rate swap, cap, collar, option, hedge, forward rate or other similar agreement or arrangement designed to protect against fluctuations in interest rates or currency exchange rates.

  • Specified Hedge Agreement any Hedge Agreement entered into by the Borrower or any Subsidiary Guarantor and any Qualified Counterparty.

  • Hedging Agreement means any interest rate, foreign currency, commodity or equity swap, collar, cap, floor or forward rate agreement, or other agreement or arrangement designed to protect against fluctuations in interest rates or currency, commodity or equity values (including, without limitation, any option with respect to any of the foregoing and any combination of the foregoing agreements or arrangements), and any confirmation executed in connection with any such agreement or arrangement.

  • Counterparty means PJMSettlement as the contracting party, in its name and own right and not as an agent, to an agreement or transaction with a Market Participant or other entities, including the agreements and transactions with customers regarding transmission service and other transactions under the PJM Tariff and the Operating Agreement. PJMSettlement shall not be a counterparty to (i) any bilateral transactions between Members, or (ii) any Member’s self- supply of energy to serve its load, or (iii) any Member’s self-schedule of energy reported to the Office of the Interconnection to the extent that energy serves that Member’s own load.