Hedge Transaction definition

Hedge Transaction means each interest rate cap transaction between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 5.2 and is governed by a Hedging Agreement.

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Hedge Transaction means each interest rate swap, index rate swap or interest rate cap transaction or comparable derivative arrangement between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 10.6 and is governed by a Hedging Agreement.

Hedge Transaction means each Asset Specific Hedge, interest rate swap transaction, interest rate cap transaction, interest rate floor transaction or other derivative transaction approved in writing by the Agent, between the Borrower and a Hedge Counterparty that is entered into pursuant to Section 5.09 and is governed by a Hedging Agreement.

Examples of Hedge Transaction in a sentence

• For the avoidance of doubt, neither the purchase of a Permitted Bond Hedge Transaction by the Borrower Representative nor the performance by the Borrower Representative of its obligations under any Permitted Bond Hedge Transaction shall be prohibited by this Section 7.5.

• In no event shall any Hedge Transaction contain any requirement, agreement or covenant for a Loan Party to post collateral or margin to secure their obligations under such Hedge Transaction or to cover market exposures except to the extent provided pursuant to the Loan Documents.

• For the avoidance of doubt, Secured Obligations under a Hedge Transaction shall not be subject to a credit bid without the prior written consent of the relevant Lender Counterparty thereto.

• It is understood that commodity Hedge Transaction that may, from time to time, “hedge” the same volumes, but different elements of commodity risk thereof (e.g., commodity price risk versus basis risk), shall not be aggregated together when calculating the foregoing limitations on notional volumes.

More Definitions of Hedge Transaction

Hedge Transaction means any commodity, interest rate, currency or other swap, option, collar, futures contract or other contract pursuant to which a Person h▇▇▇▇▇ risks related to commodity prices, interest rates, currency exchange rates, securities prices or financial market conditions. Hedge Transactions expressly include Oil and Gas Hedge Transactions.

Hedge Transaction of any Person shall mean any transaction (including an agreement with respect thereto) now existing or hereafter entered into by such Person that is a rate swap, basis swap, forward rate transaction, commodity swap, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collateral transaction, forward transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether linked to one or more interest rates, foreign currencies, commodity prices, equity prices or other financial measures.

Hedge Transaction. Each interest rate swap or other interest rate protection transaction, if any, between the Borrower and a Hedge Counterparty that is entered into and is governed by a Hedging Agreement.

Hedge Transaction means each transaction between the Borrower and a Person entered into pursuant to Section 5.03(b) and governed by a Hedging Agreement.

Hedge Transaction means an Interest Rate Hedge Transaction or a Currency Hedge Transaction.

Hedge Transaction means any Interest Rate Hedge Transaction, Asset Swap Transaction or Portfolio Currency Hedge Transaction, as applicable.

Hedge Transaction means any transaction or trading position entered into or held by the Issuer and/or any of its Affiliates to hedge, directly or indirectly, the Issuer's obligations or positions (whether in whole or in part) in respect of the Notes or any hypothetical transaction or trading position relating to the Issuer's obligations or positions (whether in whole or in part) in respect of the Notes, as determined by the Issuer in its sole discretion.