Secured Hedge Counterparties definition

Secured Hedge Counterparties means, with respect to any Interest Rate Protection Agreement or Other Hedging Agreement, (x) any Lender or any affiliate thereof (even if such Lender subsequently ceases to be a Lender under this Agreement for any reason), (y) any ABL Lender or any affiliate thereof (even if such ABL Lender ceases to be a Lender under the ABL Credit Agreement for any reason) or (z) to the extent any such Interest Rate Protection Agreement or Other Hedging Agreement was entered into prior to the Restatement Effective Date, any Original Lender or any affiliate thereof (even if such Original Lender ceased to be an Original Lender under the Original Credit Agreement for any reason).
Sample 1Sample 2Sample 3
Secured Hedge Counterparties means (i) each Lender Affiliate Hedge Counterparty, (ii) each Hedge Counterparty that is a Qualifying Hedge Counterparty and that has become party to an Intercreditor Agreement (or a joinder thereto) and (iii) Credit Suisse International, so long as it has one or more Hedge Agreements in place with the Borrower and continues to meet the requirements to constitute a Qualifying Hedge Counterparty.
Sample 1Sample 2
Secured Hedge Counterparties means, with respect to any Interest Rate Protection Agreement or Other Hedging Agreement, (x) any Lender or any affiliate thereof (even if such Lender subsequently ceases to be a Lender under this Agreement for any reason), (y) any ABL Lender or any affiliate thereof (even if such ABL Lender ceases to be a Lender under the ABL Credit Agreement for any reason) or (z) to the extent any such Interest Rate Protection Agreement or Other Hedging Agreement was entered into prior to the Amendment No. 3 Effective Date, any Original Lender or any affiliate thereof (even if such Original Lender ceased to be an Original Lender under the Original Credit Agreement for any reason).
Sample 1Sample 2

Examples of Secured Hedge Counterparties in a sentence

  • In the light of the announced staged release of the lockdown measures, any recommended contact tracing strategy will crucially depend on the available resources to execute such as strategy.

  • The Chargor authorises and agrees to changes to parties under clause 26 (Changes to the Lenders and Secured Hedge Counterparties) of the Facilities Agreement and authorises the Security Agent to execute on its behalf any document required to effect the necessary transfer of rights or obligations contemplated by those provisions.

  • In furtherance of the foregoing, each Borrower hereby confirms and acknowledges, as of the date hereof, that it is validly indebted to the Administrative Agent, the Collateral Agent, the Letter of Credit Issuer, the Lenders and the Secured Hedge Counterparties for the payment in full of all Secured Obligations (as defined in the Security Agreements), without defense, counterclaim, offset, cross-complaint, claim or demand of any kind or nature whatsoever.

  • Each Guarantor hereby confirms and acknowledges as of the date hereof that it is validly indebted to the Administrative Agent, the Collateral Agent, the Letter of Credit Issuer, the Lenders and the Secured Hedge Counterparties for the payment in full of all Secured Obligations (as defined in the Security Agreements) which it has guaranteed, without defense, counterclaim, offset, cross-complaint, claim or demand of any kind or nature whatsoever.

  • Subject to paragraphs (f) and (g) below, prior to the Discharge of the Senior Priority Obligations the Secured Hedge Counterparties shall not take any Enforcement Action in respect of any of the Secured Hedge Obligations or any of the hedging transactions under any of the Secured Hedge Agreements at any time.

  • The Secured Hedge Counterparties may not take, accept or receive the benefit of any Collateral from any Debtor in respect of the Secured Hedge Obligations other than the Senior Priority Collateral.

  • Each Assignor authorises and agrees to changes to parties under clause 26 (Changes to the Lenders and Secured Hedge Counterparties) of the Facilities Agreement and authorises the Security Agent to execute on its behalf any document required to effect the necessary transfer of rights or obligations contemplated by those provisions.

  • The Chargor authorises and agrees to changes to parties under clause 26 (Changes to the Lenders and Secured Hedge Counterparties) of the Facilities Agreement and authorises the Security Agent to execute on his behalf any document required to effect the necessary transfer of rights or obligations contemplated by those provisions.

  • Each Chargor authorises and agrees to changes to parties under clause 26 (Changes to the Lenders and Secured Hedge Counterparties) of the Facilities Agreement and authorises the Security Agent to execute on its behalf any document required to effect the necessary transfer of rights or obligations contemplated by those provisions.

  • The Payee, Secured Hedge Counterparties (as defined below) and the Lender Creditors are collectively referred to herein as the “Secured Creditors”.


More Definitions of Secured Hedge Counterparties

Secured Hedge Counterparties means, collectively, (i) each Lender Affiliate Hedge Counterparty and (ii) each Hedge Counterparty that is a Qualifying Hedge Counterparty and that has become party to the Intercreditor Agreement (including pursuant to a Hedge Counterparty Joinder); provided that, for the avoidance of doubt, a Hedge Counterparty that has ceased to be a Qualifying Hedge Counterparty shall continue to be a Secured Hedge Counterparty hereunder until the effectiveness of the assignment, novation or replacement of its Hedge Agreement pursuant to Section 6.1(M). Exhibit A -41 [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
Sample 1
Secured Hedge Counterparties means each counterparty to a Hedge Agreement otherwise permitted under Section 7.2.2 that is part of the Secured Obligations.
Sample 1
Secured Hedge Counterparties means each Lender, Affiliate of a Lender or Assignee of a Lender who, in each case, is a counterparty to a Hedge Agreement otherwise permitted under Section 7.2.2.
Sample 1

Related to Secured Hedge Counterparties

  • Hedge Counterparty means a Lender, the Administrative Agent or any of the Lender’s or the Administrative Agent’s affiliates (at the time a hedging agreement is entered into) who has entered into a hedging agreement for the purpose of hedging interest rate liabilities and/or any exchange rate and/or commodity price risks provided it has become a party, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, to the First Lien Intercreditor Agreement in its capacity as hedge counterparty.

  • Secured Hedge Agreement means any Swap Contract permitted under Article VI or VII that is entered into by and between any Loan Party and any Hedge Bank.

  • Secured Hedging Agreement means any Hedging Agreement that is entered into by and between the Borrower or any Restricted Subsidiary and any Hedge Bank.

  • Swap Providers means, collectively, the Asset Swap Providers, the Liability Swap Providers and the providers of any other swap agreements entered into in connection with the Programme;

  • Guaranteed Hedge Agreement means any Swap Contract permitted under Article VII that is entered into by and between any Loan Party and any Hedge Bank.

  • Hedge Collateral Defined in Section 5.3(b).

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.