Secured Hedging Agreements definition

Secured Hedging Agreements means any Hedging Agreement permitted under Section 7.19 that is entered into between the Borrower or any Subsidiary and any Hedge Party.

Secured Hedging Agreements shall have the meaning set forth in the recitals hereto.

Secured Hedging Agreements shall have the meaning provided in the recitals of this Agreement.

Examples of Secured Hedging Agreements in a sentence

• All representations and warranties of the Obligors hereunder shall survive the execution and delivery of this Security Agreement, the other Credit Documents and the Secured Hedging Agreements, the delivery of the Notes and the making of the Loans and the issuance of the Letters of Credit under the Credit Agreement.

• No holder of Hedging Obligations under Secured Hedging Agreements or Cash Management Obligations under Secured Cash Management Agreements shall have any rights in connection with the management or release of any Collateral or of the obligations of any Credit Party under this Agreement.

• This Security Agreement, the other Credit Documents and the Secured Hedging Agreements represent the entire agreement of the parties hereto and thereto, and supersede all prior agreements and understandings, oral or written, if any, including any commitment letters or correspondence relating to this Security Agreement, the other Credit Documents, the Secured Hedging Agreements or the transactions contemplated herein and therein.

• Notwithstanding the foregoing, Secured Obligations arising under Secured Cash Management Agreements and Secured Hedging Agreements shall be excluded from the application described above if the Administrative Agent has not received written notice thereof, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

• Notwithstanding any provision to the contrary contained herein or in any other of the Credit Documents, Secured Hedging Agreements or Cash Management Agreements, the obligations of each Guarantor under this Credit Agreement and the other Credit Documents shall be limited to an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance under Section 548 of the Bankruptcy Code or any comparable provisions of any applicable state law.

More Definitions of Secured Hedging Agreements

Secured Hedging Agreements means (i) any Interest Rate Protection Agreement and (ii) any Other Hedging Agreements.

Secured Hedging Agreements means a Permitted Hedging Agreement that is (i) between a Credit Party and a Person who was a Lender Party or an Affiliate of a Lender Party at the time such Permitted Hedging Agreement was entered into and (ii) designated by the Borrower as an “Additional Secured Obligation” pursuant to Section 23.

Secured Hedging Agreements means any Hedging Agreement that (a) is entered into by the Borrower and any Person that, at the time such Person entered into such Hedging Agreement, was the Administrative Agent, a Lender or an Affiliate of a Lender, (b) in the case of any Person that is not the Administrative Agent or an Affiliate of the Administrative Agent, is expressly identified as being a “Secured Hedging Agreement” hereunder in a joint notice from such Loan Party and such Person delivered to the Administrative Agent reasonably promptly after the execution of such Hedging Agreement and (c) meets the requirements of Section 8.1(g).

Secured Hedging Agreements means, collectively at any given time, those Hedging Agreements under which the then Maximum Hedging Exposure does not exceed $5,000,000. In the event that the Maximum Hedging Exposure for all of the Hedging Agreements then outstanding exceeds $5,000,000, the term "Secured Hedging Agreements" shall exclude one or more of the most recent Hedging Agreements (based upon the date thereof) until the Maximum Hedging Exposure becomes $5,000,000 or less, provided that if such exclusion causes the Maximum Hedging Exposure to be less than $5,000,000, then the last Hedging Agreement so excluded shall become a Secured Hedging Agreement but only to the extent of the difference between $5,000,000 and the Maximum Hedging Exposure under the other Secured Hedging Agreements.

Secured Hedging Agreements means, collectively, all currency exchange agreements, interest rate swap agreements, interest rate cap agreements and interest rate collar agreements, and all other agreements or arrangements designed to protect either Borrower or any of its Subsidiaries against fluctuations in interest rates or currency exchange rates that are entered into in the ordinary course of business to limit risks of currency or interest rate fluctuations and not for speculative purposes by such Borrower or any such Subsidiary and under which the counterparty of such agreement is (or at the time such agreement was entered into, was) a Lender or an Affiliate of a Lender.

Secured Hedging Agreements means any Hedging Agreement entered into from time to time by any Obligor with any Finance Party.

Secured Hedging Agreements means any Hedging Agreement between Borrower or one or more Restricted Subsidiaries and a Hedge Bank. “Secured Obligations” means (a) all Obligations, (b) all debts, liabilities and obligations now or hereafter owing from Borrower and any Restricted