Hedging Termination Obligations definition

Hedging Termination Obligations means the aggregate amount of (i) Hedging Obligations payable to the Hedging Banks by the Borrower, as the fixed rate payor, upon the early unwind of all or a portion of the Hedging Agreements, net of all amounts payable to the Borrower by such Hedging Banks, as floating-rate payor thereunder, plus (ii) any penalty payments or other payments in the form of unwind fees payable in connection with an early unwind.

Hedging Termination Obligations means the aggregate amount payable to the Qualified Counterparties by the Borrower upon the early termination of all or a portion of an Interest Rate Swap Agreement, net of all amounts payable to the Borrower by such Qualified Counterparties upon the early unwind of all or a portion of such Interest Rate Swap Agreement. For the avoidance of doubt, all calculations of such amounts payable under the Interest Rate Swap Agreement shall be made in accordance with the terms of the applicable Interest Rate Swap Agreement.

Hedging Termination Obligations means the aggregate amount payable to the Hedging Banks by the Borrower upon the early termination of all or a portion of the Hedging Agreements, net of all amounts payable to the Borrower by such Hedging Banks upon such early termination. For the avoidance of doubt, all calculations of such amounts payable under the Hedging Agreements shall be made in accordance with the terms of the applicable Hedging Agreements.

Examples of Hedging Termination Obligations in a sentence

• Each prepayment of Loans shall be accompanied by accrued interest on the amount prepaid, any additional amounts required pursuant to Section 3.5 and any Hedging Termination Obligations payable in connection therewith.

• Each prepayment of Loans shall be accompanied by accrued interest on the amount prepaid, any additional amounts required pursuant to Section 3.5 of this Agreement and any Hedging Termination Obligations payable in connection therewith.

• The TIFIA Loan shall be secured by the Liens on the Trust Estate subordinate, during any period when an Event of Default described in Section 18(a)(ix) has not occurred, only (except as otherwise required by law) to the Lien on the Trust Estate of any Senior Obligations, Hedging Obligations and Hedging Termination Obligations other than Subordinated Hedging Termination Obligations.

• From and after the occurrence of an Event of Default described in Section 18(a)(ix), the TIFIA Loan shall be secured by a first priority security interest in the Trust Estate on a parity with any Senior Obligations and the Hedging Obligations and Hedging Termination Obligations under the Hedging Agreements other than Subordinated Hedging Termination Obligations.

• The Borrower’s obligations to pay Hedging Obligations and Hedging Termination Obligations shall be from the sources and in the priority specified in the Indenture Documents.

More Definitions of Hedging Termination Obligations

Hedging Termination Obligations means the aggregate amount payable to the Hedging Banks by the Borrower upon the early unwind of all or a portion of the Hedge Facility, net of all amounts payable to the Borrower by such Hedging Banks upon the early unwind of all or a portion of such Hedge Facility. For the avoidance of doubt, all calculations of such amounts payable under the Hedging Agreements shall be made in accordance with the terms of the applicable Hedge Facility.

Hedging Termination Obligations means the aggregate amount of (i) amounts payable to any Hedging Banks by the Borrower under a Hedge Agreement, upon the early unwind of all or a portion of such Hedge Agreement, net of all amounts payable to the Borrower by such Hedging Banks, plus (ii) any penalty payments or other payments in the form of unwind fees payable in connection with an early unwind under such Hedge Agreement. For the avoidance of doubt, (a) the calculations of Hedging Termination Obligations payable under a Hedge Agreement shall be made in accordance with the terms of such applicable Hedge Agreement, and

Hedging Termination Obligations means the aggregate amount payable to the Swap Parties by the Commission upon the early unwind of all or a portion of the Swaps, net of all amounts payable to the Commission by such Swap Parties upon the early unwind of all or a portion of such Swaps. For the avoidance of doubt, all calculations of such amounts payable under the Swaps shall be made in accordance with the terms of the applicable Swaps.

Hedging Termination Obligations means the aggregate amount payable to the Swap Parties by the Commission upon the early unwind of all or a portion of the Swaps or Qualified Swap Agreements, as applicable, net of all amounts payable to the Commission by such Swap Parties upon the early unwind of all or a portion of such Swaps or Qualified Swap Agreements. For the avoidance of doubt, all calculations of such amounts payable under the Swaps or Qualified Swap Agreements shall be made in accordance with the terms of the applicable Swaps or Qualified Swap Agreements.

Hedging Termination Obligations means the aggregate amount payable to the Hedging Banks (as defined in the 2019 TIFIA Loan Agreement) by HRTAC upon the early termination of all or a portion of the Hedging Agreements (as defined in the 2019 TIFIA Loan Agreement), net of all amounts payable to HRTAC by such Hedging Banks upon the early unwind of all or a portion of such Hedging Agreements. For the avoidance of doubt, all calculations of such amounts payable under the Hedging Agreements shall be made in accordance with the terms of the applicable Hedging Agreements.

Hedging Termination Obligations means the aggregate amount payable to the Hedging Banks by SH 130 upon the early unwind of the Hedging Agreements on the Hedging Early Termination Date, net of all amounts payable to SH 130 by such Hedging Banks upon the early unwind of such Hedging Agreements on the Hedging Early Termination Date.

Hedging Termination Obligations means the aggregate amount payable to the Hedge Provider by the Borrower upon the early unwind of all or a portion of the Hedge Facility, net of all amounts payable to the Borrower by such Hedge Provider upon the early unwind of all or a portion of such Hedge Facility. For the avoidance of doubt, all calculations of such amounts payable under the Hedge Facility shall be made in accordance with the terms of the applicable Hedge Facility.