Examples of Hedging Affiliate in a sentence
Upon being so designated by the Parent Borrower, such Bank Products Affiliate or Hedging Affiliate (as the case may be) shall be a Non-Lender Secured Party for the purposes of this Agreement for as long as so designated by the Parent Borrower; provided that, at the time of the Parent Borrower’s designation of such Non-Lender Secured Party, the obligations of any Grantor under the applicable Hedging Agreement or Bank Products Agreement have not been designated as Cash Flow Collateral Obligations.
Upon being so designated by the Parent Borrower, such Bank Products Affiliate or Hedging Affiliate (as the case may be) shall be a Non-Lender Secured Party for the purposes of this Agreement for as long as so designated by the Parent Borrower.
No Lender or Hedging Affiliate will obtain any additional security for the payment of the Obligations of the Borrower under this Agreement or for the payment of Hedging Obligations, unless such security will form and become part of the Security.
The tower fluxes represent a footprint of roughly 1-3 km2, while NPP is typically measured on ≈ 0.1 ha plot.
Pursuant to Section 11.1 of the Credit Agreement, the Borrower wishes to designate the Adhesion Party defined below as a Lender Hedging Affiliate under the Credit Agreement.