Examples of Required Currency Hedge in a sentence
The Transferor agrees that at any time that it enters into any Required Currency Hedge, it shall have funds available to make payment of fees or other amounts due in connection with the purchase of such Required Currency Hedge at the time that such payments are due and payable thereunder.
MRFC agrees that at any time that it enters into any Required Currency Hedge, it shall have funds available to make payment of fees or other amounts due in connection with the purchase of such Required Currency Hedge at the time that such payments are due and payable thereunder.
Subject to the penultimate paragraph in this Section 2.27, the Collection Agent shall solicit offer quotations from at least two Authorized Foreign Exchange Dealers for effecting such exchange and shall compare such offer quotations to the Required Currency Hedge and select the execution which will require the least amount of Canadian Dollars to purchase one (1) U.S. Dollar.
The Transferor agrees that it will enter into any Required Currency Hedge only on a Weekly Settlement Date or on the Closing Date.
MRFC agrees that it will enter into a Required Currency Hedge only on a Settlement Date or on the Closing Date.
Subject to the last paragraph in this Section 3.1(i), the Servicer shall solicit offer quotations from at least two Authorized Foreign Exchange Dealers for effecting such exchange and shall compare such offer quotations to the Required Currency Hedge and select the execution which will require the least amount of Canadian Dollars to purchase one (1) U.S.
Subject to the last paragraph in this Section 2.19, the Collection Agent shall solicit offer quotations from at least two Authorized Foreign Exchange Dealers for effecting such exchange and shall compare such offer quotations to the Required Currency Hedge and select the execution which will require the least amount of Canadian Dollars to purchase one (1) U.S. Dollar.
Each of the Transferor, the Administrative Agent, the Initial Purchasers, each Funding Agent and the PARCO APA Banks, hereby appoints as its agent the Collection Agent, from time to time designated pursuant to Section 6.1 hereof, to enforce its respective rights and interests in and under the Receivables and Related Security, the Required Currency Hedge, Collections and Proceeds with respect thereto.
The Company agrees that at any time that it enters into any Required Currency Hedge, it shall have funds available to make payment of fees or other amounts due in connection with the purchase of such Required Currency Hedge at the time that such payments are due and payable thereunder.
The Initial Purchasers' (and, following an occurrence of a PARCO Wind-Down Event but subject to Section 2.2 of the PARCO Asset Purchase Agreement, the PARCO APA Banks') aggregate undivided percentage ownership interest in the Receivables, together with the Related Security, the Required Currency Hedge, Collections and Proceeds with respect thereto, shall equal the Percentage Factor in effect from time to time.