Hedging Strategy definition

Hedging Strategy. The hedging strategy in relation to the Facility to be agreed in writing between the Borrower and the Arranger, as amended from time to time, for the hedging of the interest, currency and commodity price risks of the Borrower.

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Hedging Strategy means a strategy in respect of the currency and interest rate exposure.

Hedging Strategy means the hedging strategy adopted by the Borrower from time to time for the sole purpose of hedging the UK Group's then existing interest rate or currency risk exposure in connection with its ordinary business acting reasonably and prudently and not for speculative or proprietary trading purposes.

Examples of Hedging Strategy in a sentence

The Borrowers shall always comply with the Hedging Strategy delivered pursuant to Clause 4.1 (Documentary conditions precedent), and shall not change such strategy unless consented to by the Facility Agent.
The Borrower and the Agent will negotiate in good faith and agree to adjustments of the Hedging Strategy from time to time whenever adjustments are considered necessary by the Borrower or the Agent at all times having regard to the interests of the Lenders and the financial condition of the Borrower.
The Borrower will not enter into any Derivative Transaction except in compliance with the Hedging Strategy.
The Borrower will implement the Hedging Strategy in a manner which is in form and substance acceptable to the Agent and will enter into all Derivative Transactions necessary for such purpose with the Hedging Counterparty.
Borrower shall be in compliance with the Hedging Strategy with respect to each Advance.

More Definitions of Hedging Strategy

Hedging Strategy means an interest rate hedging strategy entered into by the Borrower for the purpose of providing protection against fluctuations in interest rates, pursuant to which strategy, with respect to each Payment Date and all Advances made since the immediately preceding Payment Date, the Borrower will enter into an Interest Rate Hedging Transaction with the Hedge Counterparty whereby the Borrower will make payments to the Hedge Counterparty based on a certain fixed rate and will receive from the Hedge Counterparty Swap Payments based on the LIBOR Rate, all with respect to a notional amount equal to the Total Outstanding Advances as of the date of such Interest Rate Hedging Transaction (including, without limitation, the aggregate sum of the Advances made since the immediately preceding Payment Date).

Hedging Strategy means a strategy in respect of the currency and interest rate exposure. “IBOR” means:

Hedging Strategy means an interest rate hedging strategy implemented by Borrower for the purpose of providing protection with respect to the Loans against fluctuations in interest rates.

Hedging Strategy means the Hedging Strategy of Seller as set forth in Exhibit X.

Hedging Strategy means the strategy for interest rate protection arrangements and foreign exchange protection arrangements set out in the Hedging Strategy Letter;

Hedging Strategy means a commercially reasonable interest rate hedging strategy acceptable to the Administrative Agent (whose approval shall not be unreasonably withheld or delayed) that is designed to provide protection against fluctuations in interest rates, which strategy may from time to time include the purchase of fixed-for-floating interest rate swaps, long-dated LIBO Rate or interest rate caps.

Hedging Strategy shall have the meaning specified in Schedule I-C attached to this Annex I.