Hedge Guarantor definition

Hedge Guarantor means any Person that absolutely and unconditionally guarantees the obligations of a Hedge Counterparty under the related Hedge Agreement in a form satisfactory to Moody's as evidenced by the Rating Agency Confirmation obtained in connection therewith. Any Hedge Guarantor will be subject to obtaining Rating Agency Confirmation.
Hedge Guarantor means such bank or financial institution as may from time to time hereafter provide a Hedge Guarantee, provided that at the date on which the relevant Hedge Guarantee is executed the rating of the long-term unsecured and unsubordinated indebtedness of such Hedge Guarantor is at least equal to that then applicable to the Class A Notes or, if lower, is such that the then ratings of the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes are not adversely affected as a result;
Hedge Guarantor means such bank or financial institution as may from time to time hereafter provide a Hedge Guarantee, provided that the rating of the long term unsecured and unsubordinated indebtedness of such Hedge Guarantor is at least equal to that then applicable to the Class A Notes or, if lower, is such that the then ratings of the Class A Notes, the Class B Notes and the Class C Notes are not adversely affected as a result;

Examples of Hedge Guarantor in a sentence

  • Each Interest Rate Hedge Counterparty (or its respective Hedge Guarantor) will be required to have, at the time that any Hedge Agreement to which it is a party is entered into, the Required Hedge Counterparty Ratings unless Rating Agency Confirmation is obtained from the applicable Rating Agency or credit support is provided as set forth in the Hedge Agreement.


More Definitions of Hedge Guarantor

Hedge Guarantor. Any Person that absolutely and unconditionally guarantees the obligations of a Hedge Counterparty under the related Hedge Agreement in a form satisfactory to the Rating Agency as evidenced by the Rating Agency Confirmation obtained in connection therewith. Any Hedge Guarantor will be subject to Rating Agency Confirmation.
Hedge Guarantor means Merrill Lynch & Co., Inc. in its capacity as the hedge guarantor in accordance with the terms of the Hedge Guarantee;
Hedge Guarantor means any Person that absolutely and unconditionally guarantees the obligations of a Hedge Counterparty under the related Hedge Agreement in a form satisfactory to Moody's as evidenced by thethat complies with all then-current applicable Rating Agency Confirmation obtained in connection therewithcriteria for guarantees. Any Hedge Guarantor will be subject to obtaining Rating Agency Confirmation.
Hedge Guarantor means Morgan Stanley or other financial institution if in relation to the Replacement Hedge Agreement and any permitted assignee thereof or successor thereto under the terms of the Hedge Agreement or Replacement Hedge Agreement, as the case may be, in each case, which satisfies the applicable Rating Requirement (taking into account any guarantor or credit support provider thereof).
Hedge Guarantor means such bank or financial institution as may from time to time hereafter provide a Hedge Guarantee, provided that at the date on which the relevant Hedge Guarantee is executed the rating of the long-term unsecured and unsubordinated indebtedness of such Hedge Guarantor is at least equal to that then applicable to the Class A1 Notes and to the Class A2 Notes or, if lower, is such that the then ratings of the Class A1 Notes, the Class A2 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class Z Notes are not adversely affected as a result;
Hedge Guarantor. Any Person that absolutely, unconditionally and irrevocably guarantees the obligations of any Hedge Counterparty under a Series Hedge Agreement.
Hedge Guarantor. CSE Mortgage.