Net Hedging Costs definition
Net Hedging Costs means in respect of any period, the aggregate amount payable (or in respect of a future period, projected to be payable) by the Issuer under the Hedging Agreements (except for costs in connection with the execution of any Hedging Agreement or any Hedging Termination Payments), less the amounts payable (or in respect of a future period, projected to be payable) to the Issuer under those Hedging Agreements on the same date;
Net Hedging Costs means, as of any date of determination, an amount equal to the excess, if any, of (i) the aggregate amount of all Hedging Costs over (ii) the fair market value of all hedging arrangements entered into by Parent or its Affiliates in connection with the Transactions as of such date.