Hedge Treasury Note(s) definition
Hedge Treasury Note(s) means, with respect to any Accepted Note, the United States Treasury Note or Notes whose duration (as determined by Prudential) most closely matches the duration of such Accepted Note.
Hedge Treasury Note(s) means, with respect to any Accepted Note, the United States Treasury Note or Notes whose average life (as determined by PIM) most closely matches the average life of such Accepted Note.
Hedge Treasury Note(s) means, with respect to any Accepted Notes, the United States Treasury Note or Notes whose average life (as determined by the applicable Investor Group Representative) most closely matches the average life of such Accepted Note or the two United States Treasury Notes then designated by the applicable Investor Group Representative which, with linear interpolation, have an average life comparable to the Accepted Note.
More Definitions of Hedge Treasury Note(s)
Hedge Treasury Note(s) means, with respect to any Accepted Note, the United States Treasury Note or Notes whose duration (as reasonably determined by Prudential) most closely matches the duration of such Accepted Note.
Hedge Treasury Note(s) means, with respect to any Accepted Note, the United States Treasury Note or Notes whose duration (as determined by Prudential in its reasonable judgment) most closely matches the duration of such Accepted Note.
Hedge Treasury Note(s) means, with respect to any Accepted Note, the United States Treasury Note or Notes whose duration (as determined by Prudential and designated (a) in the case of any Accepted Note denominated in Dollars, the date the interest rate for such Note is fixed and (b) in the case of any Accepted Note denominated in any other Available Currency, on the date the Dollar interest rate relevant to the determination of the interest rate on such Note is fixed) most closely matches the duration of such Accepted Note. The price and/or yield of the Hedge Treasury Note(s) will be determined by Prudential by reference to such price and/or yield as reported by TradeWeb Group LLC (or, if such data for any reason ceases to be available through TradeWeb Group LLC, any publicly available source of similar market data), on the date of determination.
Hedge Treasury Note(s) means, as applicable, the Treasury Note designated by PCG on the Rate Lock Date as the Treasury Note which has an average life that is closest to the average life of the Notes or the two Treasury Notes then designated by PCG which, with linear interpolation, have an average life comparable to the Notes. The price and/or yield of the Hedge Treasury Note(s) will be determined by PCG by reference to such price and/or yield data as is reported by the publicly available source of such data principally utilized by PCG for such purpose on the date of determination or, if for any reason not available through such source, such other publicly available source as PCG shall select.
Hedge Treasury Note(s) means, with respect to any Accepted Note, the United States Treasury Note or Notes whose duration (as determined by
Hedge Treasury Note(s) means, with respect to any Accepted Note, the United States Treasury Note or Notes whose duration (as determined by Prudential) most closely matches the duration of such Accepted Note. “Hedging Agreement” shall mean any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement. “Hedging Exposure Amount” shall mean the maximum aggregate amount (giving effect to any netting agreements) that the Obligors and the Subsidiaries thereof would be required to pay at any time if all of their Hedging Agreements were terminated at such time. “Hostile Tender Offer” shall mean, with respect to the use of proceeds of any Shelf Note, any offer to purchase, or any purchase of, shares of capital stock of any corporation or equity interests in any other entity, or securities convertible into or representing the beneficial ownership of, or rights to acquire, any such shares or equity interests, if such shares, equity 43
Hedge Treasury Note(s) means, with respect to the Series A Notes, the Series B Notes, the Series C Notes and any Accepted Notes, the United States Treasury Note or Notes whose duration (as determined by Prudential) most closely matches the duration of such Series A Notes, Series B Notes, Series C Notes or Accepted Notes.