Hedging Collateral definition

Hedging Collateral means such cash and/or government bonds and/or other assets delivered by the Hedging Counterparty to the Custodian from time to time pursuant to the terms of the Credit Support Document, if applicable.
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Hedging Collateral means all “Hedging Collateral” as defined in the respective Assignment of Hedging Agreements. “Highest Applicable Margin” shall have the meaning set forth in the definition of “Applicable Margin”.
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Hedging Collateral means all of the rights of the Borrower, whether now existing or hereafter acquired, in and to, all Hedging Agreements, Hedging Transactions and all present and future amounts payable by all Hedging Counterparties to the Borrower under or in connection with such Hedging Agreements and Hedging Transactions with such Hedging Counterparties.
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Examples of Hedging Collateral in a sentence

  • Consequently, the Instrumentholders are relying also on the creditworthiness of the Custodian in respect of the performance of the Sub-Custodian’s obligations with respect to the Collateral and any Hedging Collateral.

  • The Hedging Collateral would be subject to the security created pursuant to the relevant Series Instrument.

  • As a result of the fluctuations in the mark to market value of a Hedging Agreement, the amount of any Hedging Collateral held by the Issuer prior to any adjustment may be less than the Issuer’s exposure to the Hedging Counterparty under that Hedging Agreement.

  • The Issuer may, if “2-Way Hedging Collateral Posting” is specified in the relevant Final Terms, also be required to deliver collateral comprising the Collateral to the Hedging Counterparty in order to collateralise its obligations to the Hedging Counterparty under the Hedging Agreement.

  • In the event of a default by the Hedging Counterparty, there may therefore be a shortfall in the amount of proceeds received by the Issuer from realisation of such Hedging Collateral to pay any outstanding amount to the Instrumentholders.

  • Any distributions (including any cash securities, or any other property) received by the Custodian in respect of the Hedging Collateral will be delivered to the Hedging Counterparty and would not be subject to any security created pursuant to the Series Instrument.

  • Potential investors should note that the Hedging Collateral provided to the Issuer may not fully cover the Issuer’s exposure to the Hedging Counterparty.

  • Under the terms of the Agency Agreement, the Custodian may appoint one or more sub-custodians (the “Sub-Custodian”) to hold the Collateral and any Hedging Collateral, but such appointment shall not relieve the Custodian of any of its duties under the Agency Agreement.

  • The Hedging Agreement will provide for the amount of any Hedging Collateral to be adjusted from time to time to reflect the Issuer’s exposure to the Hedging Counterparty under the Hedging Agreement.

  • Notwithstanding the security expressed to be granted over the Collateral and Hedging Collateral pursuant to the Series Instrument, the Issuer may only have a claim against the Custodian in respect of the Collateral and any Hedging Collateral.


More Definitions of Hedging Collateral

Hedging Collateral means [●].]
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Hedging Collateral has the meaning assigned to it in Section 13(q).”
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Hedging Collateral means all “Hedging Collateral” as defined in the respective Assignment of Hedging Agreements.
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Related to Hedging Collateral

  • Hedge Collateral Defined in Section 5.3(b).

  • Swap Collateral means all right, title and interest of Party B in this Agreement, each Transaction hereunder, and all present and future amounts payable by Party A to Party B under or in connection with this Agreement or any Transaction governed by this Agreement, including, without limitation, any transfer or termination of any such Transaction.

  • Secured Hedge Obligations means Obligations under Secured Hedge Agreements.

  • Secured Hedging Obligations means all Hedging Obligations owing by the U.S. Borrower or any Restricted Subsidiary to the Agent, a Joint Lead Arranger, Co-Documentation Agent or any Affiliate of any of the foregoing or a Person that was a Lender or an Affiliate of a Lender on the Closing Date or at the time the Hedge Agreement giving rise to such Hedging Obligations was entered into.

  • Collateral Debt Obligation means any debt obligation or debt security purchased by or on behalf of the Issuer from time to time (or, if the context so requires, to be purchased by or on behalf of the Issuer) each of which satisfies the Eligibility Criteria, in the case of Synthetic Securities and Non-Euro Obligations, to the extent required to do so. References to Collateral Debt Obligations shall not include Collateral Enhancement Obligations, Eligible Investments or Exchanged Equity Securities. Obligations which are to constitute Collateral Debt Obligations in respect of which the Issuer has entered into a binding commitment to purchase but which have not yet settled shall be included as Collateral Debt Obligations in the calculation of the Portfolio Profile Tests at any time as if such purchase had been completed. For the avoidance of doubt, the failure of any obligation to satisfy the Eligibility Criteria at any time after the Issuer or the Investment Manager on behalf of the Issuer has entered into a binding agreement to purchase it, shall not cause such obligation to cease to constitute a Collateral Debt Obligation.

  • Hedge Obligations means any and all obligations or liabilities, whether absolute or contingent, due or to become due, now existing or hereafter arising, of Parent or its Subsidiaries arising under, owing pursuant to, or existing in respect of Hedge Agreements entered into with one or more of the Hedge Providers.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

  • Borrower Collateral means all of Borrower’s now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Secured Swap Obligations means all Swap Obligations under any Secured Swap Agreement.

  • Collateral has the meaning set forth in Section 2.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Hedging Obligation of any Person means any obligation of such Person pursuant to any Interest Rate Agreement, Currency Exchange Protection Agreement, Commodity Price Protection Agreement or any other similar agreement or arrangement.

  • Second Priority Debt Obligations means the Initial Second Priority Debt Obligations and, with respect to any series, issue or class of Second Priority Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Second Priority Debt, (b) all other amounts payable to the related Second Priority Debt Parties under the related Second Priority Debt Documents and (c) any renewals or extensions of the foregoing.

  • UCC Collateral is defined in Section 3.03.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Hedging Party means at any relevant time, the Issuer, or any of its affiliates or any other party providing the Issuer directly or indirectly with hedging arrangements in relation to the Notes as the Issuer may select at such time.

  • Hedging Obligations means, with respect to any specified Person, the obligations of such Person under:

  • Hedging Entity means (a) the Issuer or (b) any Affiliate or any entity (or entities) acting on behalf of the Issuer as specified in the applicable Issue Terms that is engaged in any underlying or hedging transactions related to the Fund Shares in respect of the Issuer’s obligations under the Notes.

  • First Priority Lien Obligations means (i) all Secured Bank Indebtedness, (ii) all other Obligations (not constituting Indebtedness) of the Issuer and its Restricted Subsidiaries under the agreements governing Secured Bank Indebtedness and (iii) all other Obligations of the Issuer or any of its Restricted Subsidiaries in respect of Hedging Obligations or Obligations in respect of cash management services, in each case owing to a Person that is a holder of Indebtedness described in clause (i) or Obligations described in clause (ii) or an Affiliate of such holder at the time of entry into such Hedging Obligations or Obligations in respect of cash management services.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.