Hedging Facilities definition

Hedging Facilities means one or several (secured or unsecured) hedging facilities with the Hedging Providers for currency, interest and/or any other derivative products with reasonable connection to any of the business of the Issuer financed under the Revolving Credit Facility and/or the 1L Bonds, excluding speculative hedging.
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Hedging Facilities means interest rate, foreign exchange and commodities hedging facilities permitted by the terms of this Agreement provided by one or more of the Credit Facility Lenders on a senior secured pari passu basis with the Credit Facilities.
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Hedging Facilities means any agreement (including any master agreement and any agreement, whether or not in writing, relating to any single transaction) that is an interest rate swap agreement, basis swap, forward rate agreement, commodity swap, commodity option, equity or equity index swap or option, bond option, interest rate option, forward foreign exchange agreement, rate cap, collar or floor agreement, currency swap agreement, cross-currency rate swap agreement, swaption, currency option or any other similar agreement (including any option to enter into any of the foregoing).
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Examples of Hedging Facilities in a sentence

  • The Board of Directors have also approved to provide the Corporate Guarantee up to Rs. 30 Crores (or its equivalent currency), on behalf of its Wholly Owned Subsidiary to enable it to avail the necessary Hedging Facilities from Bank as and when needed.

  • Centralized: Distributed: LeaSel: PLEASE: The equations prove that in PLEASE model, the malicious attacker takes even larger number of attempts to successfully break the service compared to LeaSel and other approaches,.

  • The Eurodollar market has risen to prominence as a major global credit market.• Provision of Hedging Facilities: Hedging facilities are another key function of the foreign exchange market.

  • Any Borrower may enter into Hedge Contracts under the Hedging Facilities from time to time over the telephone with representatives of a Lender's trading unit, the terms of which shall be confirmed in writing in accordance with the procedures established by the trading unit of the relevant Lender.

  • The Court begins its treatment of this case’s background by providing some historical context regarding the federal government’s taxing power and the deduction affected by the SALT cap.

  • Hedging Facilities for Authorised Dealers (ADs)• January 1997: ADs were permitted to use certain instruments like interest rate swaps, currency swaps, and forward rate agreements to hedge their assets-liability portfolio based on appropriate policy as approved by their top management.• April 1997: A beginning for rupee based derivatives was made in India and banks were permitted to offer dollar-rupee swaps to corporates to actively manage their foreign exchange exposures.

  • Any Borrower may enter into Hedge Contracts under the Hedging Facilities from time to time over the telephone with representatives of a Lender’s trading unit, the terms of which shall be confirmed in writing in accordance with the procedures established by the trading unit of the relevant Lender.

  • In such case, the security sharing arrangement and the application of proceeds received from such security will be governed by an intercreditor agreement to be entered into or acceded by, inter alia, the Project Company, the Sukuk Trustee, the Security Agent, the hedging counterpart(ies) of the Hedging Facilities, the relevant working capital facility provider(s) and the PPA Performance Bond facility provider (“Intercreditor Agreement”).

  • Thus, LG&E anticipates that it could enter into one or more of the preceding Hedging Facilities prior to issuance of some or all of the types of debt for which approval is being sought.

  • Political actors act very well within these insti- tutionalised schedules to either slow down or accelerate political processes: “politicians had to learn how to manipulate time, … into something that could be scheduled, antic- ipated, delayed, accelerated, … and even wasted – but never ignored” [15, p.

Related to Hedging Facilities

  • LNG facility means a terminal which is used for the liquefaction of natural gas or the importation, offloading, and re-gasification of LNG, and includes ancillary services and temporary storage necessary for the re-gasification process and subsequent delivery to the transmission system, but does not include any part of LNG terminals used for storage;

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.

  • Existing Facility means a facility in existence on any given date, newly constructed or altered.

  • Other Facilities means athletic stadiums, swimming pools, any associated structures or related equipment tied to such facilities including, but not limited to, grandstands and night field lights, greenhouses, facilities used for non-instructional or non-educational purposes, and any structure, building, or facility used solely for school administration;

  • Term Facilities means, at any time, the Term A Facility and the Term B Facility.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • DIP Facilities means the DIP ABL Facility and the DIP Term Loan Facility.

  • New Facilities means facilities for which, by the cut-off date, neither of the following events has occurred:

  • Vending facility means automatic vending machines, cafeterias, snack bars, cart service, shelters, counters, and such other appropriate auxiliary equipment which may be operated by licensed managers and which is necessary for the sale of newspapers, periodicals, confections, tobacco products, foods, beverages, and other articles or services dispensed automatically or manually and prepared on or off the premises in accordance with all applicable health laws and including the vending or exchange of chances for any lottery authorized by State Law and conducted by an agency of a State within such State. [CFR 34, Part 395.1(X)]

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Facility means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Holdings or any of its Subsidiaries or any of their respective predecessors or Affiliates.

  • Local Facilities means working capital facilities provided to a Grantor (other than Beverage Packaging Holdings (Luxembourg) I S.A., Beverage Packaging Holdings (Luxembourg) II S.A. Beverage Packaging Holdings (Luxembourg) III S.à.x.x. and the Borrowers) by a Local Facility Provider and “Local Facility” means any of them.

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities. Generation Interconnection Customer:

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Related facilities means any ancillary facilities owned by the Company which are —

  • Holding facility means a designated area for the retention of

  • Debt Facilities means one or more debt facilities (including, without limitation, the Credit Agreement) or commercial paper facilities with banks or other institutional lenders providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables) or letters of credit or issuances of debt securities evidenced by notes, debentures, bonds or similar instruments, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced (including by means of sales of debt securities) in whole or in part from time to time (and whether or not with the original administrative agent, lenders or trustee or another administrative agent or agents, other lenders or trustee and whether provided under the original Credit Agreement or any other credit or other agreement or indenture).

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.