Hedge Payment definition

Hedge Payment. For any Distribution Date, the payment, if any, due under the Hedge Agreement in respect of such Distribution Date.

Hedge Payment means a net payment to be made by a Hedge Provider into the Collections Account under a Hedge Agreement and includes any such payment made by a guarantor under any related Hedge Guarantee or any termination payment received from any counterparty to a Hedge Agreement.

Hedge Payment means with respect to any Payment Date that is not also a Note Increase Date, the aggregate amount, if any, which the Issuer is obligated to pay as an additional premium to the Hedge Provider on such Payment Date as a result of an increase in the notional amount of the Hedge Agreement and/or any other change in the terms or adjustments of the Hedge Agreement which require payment of an increased or additional premium. The amount of any such Hedge Payment shall be calculated by the Servicer and provided in writing to the Trustee and the Deal Agent.

Examples of Hedge Payment in a sentence

• Reimbursement for travel (transportation, food, and lodging) in the performance of Grant activities shall be consistent with those normally allowed in like circumstances in the non-Federally sponsored activities of the Grantee.

• All income or other gain from such Eligible Investments shall be credited to the Hedge Payment Account, and any loss resulting from such investments shall be charged to the Hedge Payment Account.

• On or before the Series Closing Date of the first Series of Notes issued pursuant to this Base Indenture providing for a Series Hedge Agreement, the Master Issuer, or the Manager on behalf of the Master Issuer, shall establish and maintain with the Trustee the Hedge Payment Account in the name of the Trustee for the benefit of the Secured Parties, bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Secured Parties.

• All interest and earnings (net of losses and investment expenses) paid on funds on deposit in the Hedge Payment Account shall be deemed to be Investment Income on deposit for distribution to the Collection Account in accordance with Section 5.10.

• In the absence of written investment instructions hereunder, funds on deposit in the Hedge Payment Account shall be invested as fully as practicable in one or more Permitted Investments of the type described in clause (b) of the definition thereof.

More Definitions of Hedge Payment

Hedge Payment. The Class A-I Hedge Payment, Class A-II Hedge Payment or Subordinate Hedge Payment, as applicable.

Hedge Payment means Periodic Hedge Payments and Hedge Termination Payments.

Hedge Payment means, on the funding date for any Notes or on any Payment Date, a net payment to a Hedge Provider by the Issuer, but not including Hedge Breakage Costs.

Hedge Payment means a net payment to be made by a Hedge Provider into the Collections Account under a Hedge Agreement and includes any such payment made by a guarantor under any related guarantee or any termination payment received from any counterparty to a Hedge Agreement.

Hedge Payment means a net payment to the Hedge Provider by Royalty Sub on the Closing Date.

Hedge Payment means any amount payable to a Hedge Counterparty pursuant to an Interest Rate Protection Agreement.

Hedge Payment. For any Distribution Date, the payment, if any, due under the Hedge Agreement in respect of such Distribution Date. Hedge Agreement Provider: JPMorgan Chase Bank, National Association and its successors and assigns or any party to any replacement, substitute, collateral or other arrangement in lieu thereof.