Interest Rate Hedge Obligations definition

Interest Rate Hedge Obligations means all existing and future payments and other obligations owing by the Borrower or its Restricted Subsidiaries under any Interest Rate Hedge Agreements permitted hereunder with any Person that is a Lender or an Affiliate thereof at the time such Interest Rate Hedge Agreement is executed.
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Interest Rate Hedge Obligations means the Indebtedness of a Loan Party and its Subsidiaries owing to the provider of any Interest Rate Hedge. For purposes of this Agreement and all of the Other Documents, all Interest Rate Hedge Obligations of any Loan Party or Subsidiary that is party to any Lender-Provided Interest Rate Hedge shall be “Obligations” hereunder and under the Other Documents, except to the extent constituting Excluded Hedge Liabilities of such Person, and the Liens securing such Interest Rate Hedge Obligations shall be pari passu with the Liens securing all other Obligations under this Agreement and the Other Documents, subject to the express provisions of Section 11.6 hereof.
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Interest Rate Hedge Obligations means all existing and future payments and other obligations owing by the Corporation or its Subsidiaries under any Interest Rate Hedge Agreements permitted hereunder with any Person that is a Lender or an Affiliate thereof at the time such Interest Rate Hedge Agreement is executed.
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Examples of Interest Rate Hedge Obligations in a sentence

  • All Interest Rate Hedge Obligations of the Borrower pursuant to any Interest Rate Hedge Agreement permitted hereunder and all Liens granted to secure such Obligations shall rank pari passu with all other Obligations and Liens securing such other Obligations; and any Interest Rate Hedge Agreement between the Borrower and any other Person shall be unsecured.

  • Upon acceleration of the Obligations (other than Interest Rate Hedge Obligations), as provided in subsection (a) or (b) of this Section 8.2, the Administrative Agent and the Lenders shall have all of the post-default rights granted to them, or any of them, as applicable under the Loan Documents and under Applicable Law.

  • The amount of any Disbursement from the Interest Reserve to pay accrued interest or Interest Rate Hedge Obligations shall reduce the balance of the Interest Reserve.

  • After the Interest Reserve has been fully disbursed, no further undisbursed amounts of the Borrower Loan will be disbursed to pay interest accrued on outstanding principal amounts of the Borrower Loan or Interest Rate Hedge Obligations.

  • The Interest Reserve shall not be used or disbursed for any purpose other than payment of interest accrued on the Borrower Loan or Interest Rate Hedge Obligations without Funding Lender's prior Written Consent.

  • Further, the depletion of the Interest Reserve shall not in any manner affect or impair Borrower's obligation to continue to pay all interest accruing on the Borrower Loan or Interest Rate Hedge Obligations.

  • No Guarantor shall be deemed under this Guaranty to be a guarantor of any Interest Rate Hedge Obligations to the extent that the providing of such guaranty by such Guarantor would violate the Commodity Exchange Act by virtue of such Guarantor’s failure to constitute an “eligible contract participant” as defined in the Commodity Exchange Act at the time such guaranty becomes effective with respect to such Interest Rate Hedge Obligations.


More Definitions of Interest Rate Hedge Obligations

Interest Rate Hedge Obligations means the Indebtedness of a Loan Party and its Subsidiaries owing to the provider of any Interest Rate Hedge. For purposes of this Agreement and all of the other Loan Documents, all Interest Rate Hedge Obligations of any Loan Party or Subsidiary that is party to any Lender-Provided Interest Rate Hedge shall be “Obligations” hereunder and under the other Loan Documents, except to the extent constituting Excluded Hedge Liabilities of such Person, and the Liens securing such Interest Rate Hedge Obligations shall be pari passu with the Liens securing all other Obligations under this Agreement and the other Loan Documents, subject to the express provisions of Section 2.10 hereof.
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Interest Rate Hedge Obligations for any Person, any and all obligations of such Person, whether direct or indirect, whether absolute or contingent, and whether monetary or otherwise, at any time created, arising, evidenced or acquired (including all renewals, extensions, modifications and amendments thereof and all substitutions therefor), in respect of any Approved Interest Rate Hedge Agreement.
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Interest Rate Hedge Obligations means Obligations of the Loan Parties to Interest Rate Hedge Providers under Interest Rate Protection Agreements and any Guarantees thereof.
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Interest Rate Hedge Obligations means all obligations of a Person, whether absolute or contingent and however and whenever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor) under (i) any and all Interest Rate Hedge Transactions, or any other agreement, contract or transaction that constitutes a "swap" within the meaning of Section 1a(47) of the Commodity Exchange Act, and (ii) any and all cancellations, buy- backs, reversals, terminations or assignments of any Interest Rate Hedge Transactions.
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Related to Interest Rate Hedge Obligations

  • Hedge Obligations means any and all obligations or liabilities, whether absolute or contingent, due or to become due, now existing or hereafter arising, of each Loan Party and its Subsidiaries arising under, owing pursuant to, or existing in respect of Hedge Agreements entered into with one or more of the Hedge Providers.

  • Interest Rate Hedge means an interest rate exchange, collar, cap, swap, floor, adjustable strike cap, adjustable strike corridor, cross-currency swap or similar agreements entered into by any Loan Party in order to provide protection to, or minimize the impact upon, such Loan Party of increasing floating rates of interest applicable to Indebtedness.

  • Hedging Obligations means, with respect to any specified Person, the obligations of such Person under:

  • Hedging Agreement means any interest rate, foreign currency, commodity or equity swap, collar, cap, floor or forward rate agreement, or other agreement or arrangement designed to protect against fluctuations in interest rates or currency, commodity or equity values (including, without limitation, any option with respect to any of the foregoing and any combination of the foregoing agreements or arrangements), and any confirmation executed in connection with any such agreement or arrangement.