Hedging Cost definition

Hedging Cost or "hc" means the percentage specified as such in the table below. If at any time after the Listing Date the cost of hedging the Securities materially exceeds such specified percentage, the Calculation Agent, acting in good faith and in a commercially reasonable manner, may adjust the Hedging Cost to reflect this change, save that the Hedging Cost will not be less than the Minimum Hedging Cost and will not exceed the Maximum Hedging Cost;
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Hedging Cost means any amount payable to or by the Borrower under a Hedging Agreement other than Hedging Termination Payments.
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Hedging Cost means the actual out-of-pocket cost of Hedging Options purchased by the Buyer with respect to sales of precious metals by the Seller prior to the Effective Time for which Buyer receives payment on or after the Effective Time
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Examples of Hedging Cost in a sentence

  • The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than -5% p.a. and will not exceed 5% p.a. hc Hedging Cost: 0% p.a .on the Issue Date.

  • If at any time after the Commencement Date the cost of hedging the Securities materially exceeds such specified percentage, the Calculation Agent, acting in good faith and in a commercially reasonable manner, may adjust the Hedging Cost to reflect this change, save that the Hedging Cost will not be less than -10%p.a. and will not exceed 10% p.a.

  • Such Provisional Hedging Cost shall be deducted from the Redemption Amount or Early Redemption Amount (as the case may be) payable by the Issuer to the Securityholder.

  • As soon as reasonably practicable upon the occurrence of a PRC Tax Decision, the Calculation Agent shall make such adjustments as it may deem appropriate to the calculation of the Provisional Hedging Cost as set out in Condition 6(c) above on the basis of the consequence of the PRC Tax Decision going forward.

  • Such Provisional Hedging Cost shall be deducted from any amount payable by the Issuer or its associates/affiliates to the Securityholder on such termination.

  • As a scholar he remained inferior to Reuchlin or Erasmus or Melanchthon, but as a genius he was their superior, and as a master of his native German he had no equal in all Germany.

  • Should a change in the Hedging Costs have occurred, then such Programme Preference Shareholder shall deliver a notice (“the Change in Hedging Cost Notice”) to the Issuer and state the change in the Margin (“Adjusted Margin”), calculated upwards or downwards to place the Programme Preference Shareholder in the same economic position in respect of the Programme Preference Shares as it would have been had the change in Hedging Costs not occurred.

  • The Hedging Cost might be significantly higher than the Commission Rate and could represent a significant percentage of the market value of the Notes.

  • As a consequence, in interpreting coherence, we focus on peaks in coherence that are also present in the individual spectra, thereby only considering a high-degree of phase locking at frequencies with large energy.

  • The Hedging Cost is determined on on-going basis depending on the actual market conditions and the creditworthiness of Société Générale.


More Definitions of Hedging Cost

Hedging Cost means, in relation to the Issuer as Hedging Party and (i) all outstanding Notes falling due to be redeemed under Conditions 4 (b) (Redemption for Tax Reasons) or (c) (Redemption at the Option of the Issuer) or (ii) any Note which has become due and payable under Condition 8 (Events of Default and Enforcement), in either case before the Maturity Date, an amount in euro per Note as determined by the Calculation Agent equal to portion attributable to one Note of the aggregate actual cost to the Issuer as Hedging Party of unwinding or disposing of any transaction it has entered into, or any asset it holds, in either case, in whole or (in the case of (ii) above) in part, for the purpose of hedging its exposure to price variations of the Basket inherent in its obligations under the Notes.A “Hedging Event” will be deemed to occur if the Issuer or any affiliate (a “Hedging Party”) is unable (including by reason of illegality), or if it is impractical for a Hedging Party, after using commercially reasonable efforts, to (i) acquire, establish, re- establish, substitute, maintain, unwind or dispose of any transaction or asset it deems necessary or appropriate to hedge its exposure to price variations of the Basket inherent in its obligations, in the case of the Issuer, under the Notes or, in the case of an affiliate, under any transaction pursuant to which it hedges the Issuer’s exposure to the Basket under the Notes, or (ii) realize, recover or remit to any person the proceeds of any such transaction or asset. An “Illegality Event” will be deemed to occur if it is, or will become, unlawful for the Issuer to maintain the Notes in issue or to perform or comply with any one or more of its material obligations under the Notes.
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Hedging Cost means 1.20%.
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Related to Hedging Cost

  • Hedge Breakage Costs For any Hedge Transaction, any amount payable by the Seller for the early termination of that Hedge Transaction or any portion thereof.

  • Hedging Arrangements means, with respect to any Person, any agreements or other arrangements (including interest rate swap agreements, interest rate cap agreements and forward sale agreements) entered into to protect that Person against changes in interest rates or the market value of assets.

  • Hedging Agreement means 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 Contracts means all Interest Rate Contracts, foreign exchange contracts, currency swap or option agreements, forward contracts, commodity swap, purchase or option agreements, other commodity price hedging arrangements, and all other similar agreements or arrangements designed to alter the risks of any Person arising from fluctuations in interest rates, currency values or commodity prices.

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

  • 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.

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • Rate Contracts means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and any other agreements or arrangements designed to provide protection against fluctuations in interest or currency exchange rates.

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

  • Hedging Disruption means that the Issuer is unable, after using commercially reasonable efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

  • 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.

  • Hedging Event means, with respect to the Notes, the occurrence of an event that has a material adverse effect on Royal Bank’s ability to place, maintain or modify any hedge, including without limitation: