Examples of Hedging Termination Value in a sentence
For purposes of determining Material Debt, the principal of any Hedging Agreement of any Person at any time shall be the Hedging Termination Value that such Person would be required to pay if such Hedging Agreement were terminated at such time.
For purposes of determining Material Debt, the “principal amount” of the obligations of the Borrowers or any Restricted Subsidiary in respect of any Hedging Agreement at any time shall be the Hedging Termination Value.
The amount of any Hedging Termination Value due in respect of the Permitted Hedging Agreements terminated in accordance with this Section 2.14(c) shall be made by the Borrower from amounts available with which to make such prepayment.
The ratio as of any date of (i) Value on such date to (ii) the outstanding principal amount of Loans, LC Obligations and Hedging Termination Value of Lender Hedging Obligations on such date will never be less than 2.00:1.00.
The amount of any net obligation under any Hedging Contract on any date shall be deemed to be the Hedging Termination Value thereof as of such date.