Lender Hedging Agreement definition

Lender Hedging Agreement means a Swap Contract between a Company and a Lender or an Affiliate of a Lender.

Lender Hedging Agreement means any Hedging Agreement (other than one pertaining to the purchase or sale of commodities or commodity options) between the Borrower and any Person (or affiliate of such Person) that was a Lender or an Affiliate of Lender at the time it entered into such Hedging Agreement whether or not such Person has ceased to be a Lender under the Credit Agreement.

Lender Hedging Agreement means any Hedging Agreement between a Borrower and any Person (or affiliate of such Person) that was a Lender or an Affiliate of such lender at the time it entered into such Hedging Agreement whether or not such Person has ceased to be a Lender under this Agreement.

Examples of Lender Hedging Agreement in a sentence

• Any and all agreements to subordinate (whether made heretofore or hereafter) other indebtedness or obligations of Borrower to the Obligations shall be construed as being for the ratable benefit of each Lender (and, with respect to Lender Hedging Agreement, Affiliates, if applicable).

• In actions with respect to any property of the Borrower or any other Obligor, the Administrative Agent is acting for the ratable benefit of each Lender (and, with respect to Lender Hedging Agreement, Affiliates, if applicable).

• Any and all agreements to subordinate (whether made heretofore or hereafter) other indebtedness or obligations of Borrower to the Obligation shall be construed as being for the ratable benefit of each Lender (and, with respect to Lender Hedging Agreement, Affiliates, if applicable).

• In actions with respect to any property of the Borrower or any other Obligor, the Administrative Agent (and the Collateral Agent) is acting for the ratable benefit of each Lender (and, with respect to Lender Hedging Agreement, Affiliates, if applicable).

• So long as the terms thereof are in compliance with this Agreement, each Lender Hedging Agreement shall be secured by the Liens created by the Security Documents on a pari passu basis.

More Definitions of Lender Hedging Agreement

Lender Hedging Agreement means any Hedging Agreement entered into, or to be entered into, by the Borrower and a Hedging Bank in form and substance satisfactory to the Administrative Agent and the Borrower, for a Hedging Transaction in accordance with Section 4.1(c) of this Agreement. So long as the terms thereof are in compliance with this Agreement, each Lender Hedging Agreement shall be a Loan Document and shall be secured by the Liens created by the Security Documents.

Lender Hedging Agreement any Hedging Agreement entered into between any Borrower or any Subsidiary thereof and an Eligible Counterparty.

Lender Hedging Agreement means (a) a Swap Contract between the Borrower, any Guarantor or any of their Subsidiaries and a counterparty that, at the time that such Swap Contract was entered into, was a Lender or an Affiliate of a Lender; and (b) a Swap Contract between the Borrower, any Guarantor or any of their Subsidiaries and a counterparty which Swap Contract is in existence at the time such counterparty (or an Affiliate thereof) becomes a Lender; provided that any transaction or confirmation under any Swap Contract entered into (i) after such swap counterparty ceases to be a Lender or an Affiliate of a Lender or (ii) after assignment by such swap counterparty to another swap counterparty that is not a Lender or an Affiliate of a Lender shall not constitute a Lender Hedging Agreement. In addition, for the avoidance of doubt, all Swap Contracts in existence on the Effective Date between the Borrower, any Guarantor or any of their Subsidiaries and any Lender or any Affiliate of a Lender shall constitute Lender Hedging Agreements.

Lender Hedging Agreement means any Hedging Agreement between any Credit Party and any Person (or Affiliate of such Person) that was the Administrative Agent or a Lender (in each case as defined hereunder) at the time it entered into such Hedging Agreement, whether or not such Person has ceased to be the Administrative Agent or a Lender under this Agreement.

Lender Hedging Agreement has the meaning set forth in the Credit Agreement.

Lender Hedging Agreement means a Swap Contract between a Loan Party and a Lender Swap Party.

Lender Hedging Agreement means any Hedging Agreement between Borrower and any Lender, or any affiliate of a Lender.