Hedging Loss definition

Hedging Loss means the loss suffered by a Hedging Lender as a result of any relevant Hedging Agreement being terminated in accordance with clause 4.3(b) (Permitted Enforcement Action) such loss being calculated in accordance with the Market Quotation and Second Method as contemplated by the ISDA Master Agreement as at the Enforcement Date;
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Hedging Loss means the lesser of zero and the net loss on all hedging transactions closed and settled during the applicable Tracking Account reporting or settlement period, including any in- terest received by Bunker One with respect to any margin deposits made by Bunker One with any hedge transaction counterparties exclusive of any such amount in excess of that which would be taken into account by parties dealing at arm’s length on a commercial basis.
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Hedging Loss means the loss suffered by a Hedging Lender as a result of any relevant Hedging Agreement being terminated in accordance with clause 5.3(b) (Permitted Enforcement Action in Relation to Hedging Liabilities) such loss being calculated in accordance with the Market Quotation and Second Method as contemplated by the ISDA Master Agreement as at the Senior Enforcement Date;
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Examples of Hedging Loss in a sentence

  • With respect to any Hedging Disruption, Increased Cost of Hedging, Loss of Stock Borrower or Increased Cost of Stock Borrow that permits Dealer to terminate all or a portion of the Transaction, Dealer will, to the extent reasonably practicable, terminate only such portion of the Transaction as it determines necessary in order to avoid the continuance of such Hedging Disruption, Increased Cost of Hedging, Loss of Stock Borrow or Increased Cost of Stock Borrow.

  • For the avoidance of doubt, the parties agree that, for purposes of determining any Cancellation Amount for a Transaction payable as a result of a Hedging Disruption, Increased Cost of Hedging, Loss of Stock Borrow or Increased Cost of Stock Borrow, the Determining Party may take into account any amounts payable by the Hedging Party under any customary buy-in provisions contained in any securities loan agreements governing loans of Shares borrowed in respect of such Transaction.

  • Extraordinary Events: The consequences that would otherwise apply under Article 12 of the Equity Definitions (as modified herein) to any applicable Extraordinary Event (excluding any Failure to Deliver, Increased Cost of Hedging, Loss of Stock Borrow or any Extraordinary Event that also constitutes a Bankruptcy Termination Event, but including, for the avoidance of doubt, any other applicable Additional Disruption Event) shall not apply.