Hedge Cost definition

Hedge Cost means, on any day, the amount determined by the Structuring Agent as being required in order for the Issuer to execute and enter into all Interest Rate Hedging Agreements provided for in Section 3.1(a)(v).
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Hedge Cost is defined in Section 5.1(ii). “Hedge Credit” is defined in Section 5.1(i).
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Hedge Cost. Premium The “Premium” shall be equal to and paid by Customer as follows: $ 11,570 payable by Customer on or prior to November 1, 2011.
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Examples of Hedge Cost in a sentence

  • If the Trial Hedge Cost is the higher number, the Loan Servicer shall adjust the Monthly Deposit Amount to be effective from (and including) the Change Date then about to occur (“Next Change Date”).

  • If the Trial Hedge Cost is not the higher number, no adjustment to the Monthly Deposit Amount will be made.

  • The new Monthly Deposit Amount will be that amount which shall cause the deposit balance of the Hedge Reserve Escrow Account, at the expiration date of the then outstanding Hedge, to equal the Trial Hedge Cost, taking into consideration the balance of the Hedge Reserve Escrow Account immediately before the Next Change Date and the number of deposits remaining to be made over the months from (and including) the Next Change Date to the expiration date of the then outstanding Hedge.

  • Each Utility’s Percentage Share of the Hedge Cost shall be included as a cost in the amount the Utility owes to BHUH for all Gas that BHUH purchased on the market for, or on behalf of, the Utility in that calendar month, provided that each Affiliated Utility shall instead pay BHUH its Percentage Share of the Hedge Cost within thirty (30) days following the end of that calendar month.

  • This Agreement, together with the Subscription Agreement, the Registration Rights Agreement and the Hedge Cost Reimbursement Agreement, supersedes all other prior agreements and understandings between the parties, including the equity commitment agreement, dated February 25, 2004, between Banc of America Capital Investors, L.P. and Blackstone Management Associates (Cayman) IV L.P., on behalf of itself and its affiliates, with respect to such subject matter.

  • If Actual ▇▇▇ for a calendar month is more than one hundred (100) basis points less than Allowed ▇▇▇, then a “Hedge Cost” for such calendar month shall be calculated pursuant to the following formula: 2 Sample calculations of a Hedge Credit and Hedge Cost are shown in attached Exhibit D for illustrative purposes only.

  • The Loan Servicer will then compare (i) the Trial Hedge Cost with (ii) the product of ¨multiplying the Monthly Deposit Amount then in effect times 60.

  • The Loan Servicer will then compare (i) the Trial Hedge Cost with (ii) the product of multiplying the Monthly Deposit Amount then in effect times 60.

  • This Agreement, together with the Subscription Agreement, the Registration Rights Agreement and the Hedge Cost Reimbursement Agreement, sets forth the entire understanding of the parties hereto with respect to the subject matter hereof.