Lead Swap Arranger definition
Lead Swap Arranger means BMO.
Lead Swap Arranger means BMO, in its capacity as lead swap arranger in respect of any Hedging Arrangements entered into at the request of the Canadian Borrower.
Examples of Lead Swap Arranger in a sentence
In addition and for greater certainty, as between the Agent and the Lenders only, the Lead Swap Arranger shall not be responsible for monitoring or verifying the outstanding obligations under Eligible Hedging Agreements from time to time, and for monitoring or verifying the priority and effectiveness of the Liens securing the Eligible Hedging Agreement obligations.
The Canadian Borrower shall pay all amounts required under the Hedging Agreements with the Lead Swap Arranger or its Affiliates in connection with the reduction of Outstanding Advances under the Term Facility as a result of any repayment or prepayment under Sections 12.5 or 12.6.