Specified Hedging Obligations definition
Examples of Specified Hedging Obligations in a sentence
URC, the Subsidiary Obligors and the Trustee are parties to that certain Indenture (the “Indenture”) dated as of March 8, 2011 (the “Issue Date”) pursuant to which URC will issue its 10.5% Senior Secured Notes Due 2018 (the “URC Notes”) to the parties purchasing the URC Notes (the “Noteholders”; together with the counterparties under Specified Hedging Obligations, the “Note Secured Parties”).
Notwithstanding anything to the contrary herein, no Defaulting Lender or other Person having no Commitment hereunder and the sole Obligations owed to whom hereunder consists of Specified Hedging Obligations and/or other Bank Products Obligations shall, in either case, have any right to approve or disapprove any amendment, waiver or consent hereunder, except that the Commitment of a Defaulting Lender may not be increased or extended without the consent of such Lender.