Risk Management Obligations definition

Risk Management Obligations means, with respect to any Person, all liabilities of such Person under interest rate swap agreements, interest rate cap agreements, interest rate collar agreements, forward sales contracts, and all other agreements, options or arrangements designed to protect such Person against fluctuations in interest rates, currency exchange rates or commodities (including precious metals) prices.

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Risk Management Obligations means, with respect to any person, all liabilities of such person under interest rate swap agreements, interest rate cap agreements and interest rate collar agreements, and all other agreements, options or arrangements designed to protect such person against fluctuations in interest rates, currency exchange rates or commodities (including precious and base metals) prices. "Security Agreements" means, collectively, the Bema Security Agreement and the White Ice Security Agreements. "Tax Credit" is defined in Clause 4.6(b) . "Tax Payment" is defined in Clause 4.6(b) . "Taxes" is defined in Clause 4.5. "Technical Review" means the review of the operations and financial performance and prospects (including a cash flow model) of Bema and the Relevant Bema Group Companies, dated on or about the date hereof, prepared by the Independent Engineer as the same may be updated pursuant to Clause 7.1(h) . "White Ice" is defined in the preamble. "White Ice Security Agreement (Intercompany Debt)" means the Deed of Assignment between White Ice and the Lender substantially in the form of Exhibit A-2 attached hereto and relating to indebtedness owed by Kupol Cyprus to White Ice. "White Ice Security Agreement (Shares)" means, the Deed of Charge and Memorandum of Deposit between White Ice and the Lender, substantially in the form of Exhibit A-3 attached hereto and relating to shares issued by Kupol Cyprus to White Ice.

Examples of Risk Management Obligations in a sentence

The taking of any Security under this Agreement shall not operate by way of merger of any of the Obligations, the Operating Obligations or the Lender Risk Management Obligations.
Notwithstanding the repayment in full of the Obligations and the cancellation of the Credit Facilities, the Security shall continue to secure the Lender Risk Management Obligations and the Operating Obligations until their repayment in full and the termination of the Lender Risk Management Agreements and the Operating Credit Agreement.
Forthwith upon a Lender calculating the amount of such Lender Risk Management Obligations, such Lender shall deliver to the Agent the amount and reasonable details of the calculation thereof, together with true copies of all Lender Risk Management Agreements to which it is party.
It is the further intention of the Parties, and they do hereby agree, that the Security securing the Existing Credit Agreement and the Obligations thereunder shall not be impaired or released hereby but shall continue to exist and remain valid and in full force and effect as security (i) for this Agreement and all indebtedness, liabilities and Obligations hereunder; (ii) the Operating Obligations; and (iii) the Lender Risk Management Obligations.
The Borrower shall not, and shall not suffer or permit any other Company to create, incur, assume or suffer to exist or otherwise become or be liable in respect of any Risk Management Obligations other than pursuant to any Permitted Risk Management Agreement.
The Parties agree that, subject only to Permitted Encumbrances which have priority by operation of law, the Obligations, the Lender Risk Management Obligations and the Operating Obligations shall rank as the most senior secured Debt of the Borrower.
For certainty, the Obligors acknowledge and agree that the Security Documents shall survive termination of the Credit Facility and shall serve as continuing collateral security for the continuing Secured Obligations (including, for certainty, the Risk Management Obligations) of the Companies owing to the Finance Parties.
The Borrower shall not, and shall not suffer or permit any other Company to create, incur, assume or suffer to exist or otherwise become or be liable in respect of any Risk Management Obligations other than pursuant to any Permitted Risk Management Agreement or any guarantee thereof.
Nothing contained herein shall constitute or be interpreted as a subordination or postponement of the Obligations, the Operating Obligations or the Lender Risk Management Obligations to the claims of any Person in respect of any Permitted Encumbrances or other right or claim held by any Person in respect thereof.
On or before January 15, 2008, the Borrower shall deliver to the Administrative Agreement (i) a certified copy of each Existing Risk Management Agreement entered into by Meridian and Northern Orion and (ii) an inventory of all Risk Management Obligations of Meridian and Northern Orion Amalco under the Existing Risk Management Agreement setting forth the monetary value and maturity dates of all such Risk Management Obligations as of the Effective Date.

More Definitions of Risk Management Obligations

Risk Management Obligations means, with respect to any person, all liabilities of such person under all agreements, options or arrangements designed to protect such person against fluctuations in interest rates, currency exchange rates or commodities (including precious metals) prices.