Permitted Hedging Payments definition

Permitted Hedging Payments means the payments, receipts and set-offs permitted by paragraph 5.1 (Permitted Hedging Payments) as long as they are so permitted.
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Permitted Hedging Payments means, subject to Clause 9 (Subordination on Insolvency), any payments, receipts and set offs in respect of Hedging Liabilities (including all amounts payable as a result of any early termination or close out of any Hedging Arrangements), but only to the extent that any such payment has fallen due under or in connection with the terms of the relevant Hedging Agreement or otherwise by mutual agreement of the parties thereto.
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Permitted Hedging Payments means payments permitted under clause 3.1
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Examples of Permitted Hedging Payments in a sentence

  • Any payments in respect of Hedging Liabilities made after paragraph (a) of this Clause 5.2 has become applicable or after a notice in accordance with paragraph (b) of this Clause 5.2 is served, shall not constitute Permitted Hedging Payments.

  • If the Relevant Agent is satisfied that the circumstances or the relevant breach which gave rise to the Senior Default referred to in paragraphs (a) or (b) above no longer apply or has been cured (as the case may be), it may, by notice to the Obligors’ Agent and the Hedge Counterparties state that payments may be made in respect of Hedging Liabilities so as to constitute Permitted Hedging Payments.

  • Any payments in respect of Hedging Liabilities made after paragraph (a) of this Clause 5.2 has become applicable or after a notice in accordance with Clause paragraph (b) of this Clause 5.2 is served, shall not constitute Permitted Hedging Payments.

  • If the Relevant Agent is satisfied that the circumstances or the relevant breach which gave rise to the Senior Default referred to in paragraphs (a) or (b) above no longer apply or has been cured (as the case may be), it may, by notice to the Obligors' Agent and the Hedge Counterparties state that payments may be made in respect of Hedging Liabilities so as to constitute Permitted Hedging Payments.

  • When employees speak out on public issues, they should make sure to do so as an individual.