Secured Swap Contract definition

Secured Swap Contract means any Swap Contract required or permitted under this Agreement that is entered into by and between the Borrower and any Swap Bank.

Secured Swap Contract has the meaning ascribed to it in the Recitals. ---------------------

Secured Swap Contract means any interest rate or foreign exchange rate Swap Contract that is entered into by and between the Borrower or any of its Subsidiaries and any Swap Bank.

Examples of Secured Swap Contract in a sentence

• Any notice required or permitted to be given under --------------- this Assignment shall be given (i) in the case of the Assignor, Agent, and each Lender, in accordance the Credit Agreement, (ii) in the case of a L/C Creditor in accordance with the relevant Secured Letter of Credit and (iii) in the case of a Swap Creditor, in accordance with the relevant Secured Swap Contract.

• Any notice required or permitted to be given under --------------- this Assignment shall be given (i) in the case of the Assignor and each Lender, in accordance with the Credit Agreement, (ii) in the case of a L/C Creditor, in accordance with the relevant Secured Letter of Credit and (iii) in the case of a Swap Creditor, in accordance with the relevant Secured Swap Contract.

• No Agent shall be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Treasury Management Agreements and Secured Swap Contract or Bilateral Letter of Credit Obligations in the case of the termination of the Aggregate Commitments, the repayment, satisfaction or discharge of all Obligations under the Credit Documents in full, and the termination of this Credit Agreement and the other Credit Documents.

• Any notice required or permitted to be given under --------------- this Assignment shall be given (i) in the case of the Assignor in accordance with the Guaranty, (ii) in the case of the Agent, and each Lender, in accordance the Credit Agreement, (iii) in the case of a L/C Creditor in accordance with the relevant Secured Letter of Credit and (iv) in the case of a Swap Creditor, in accordance with the relevant Secured Swap Contract.

• Any repayment or prepayment made pursuant to this Section 2.04 shall not affect Borrower’s obligation to continue to make payments under any Secured Swap Contract, which shall remain in full force and effect notwithstanding such repayment or prepayment, subject to the terms of such Secured Swap Contract.

More Definitions of Secured Swap Contract

Secured Swap Contract means a Swap Contract between any Loan Party and any Person that was a Lender or Affiliate of a Lender on the effective date of such Swap Contract that is permitted to be incurred pursuant to Section 8.03(d).

Secured Swap Contract is defined in the Credit Agreement.

Secured Swap Contract means any Swap Contract that is entered into by and between any Loan Party and any Approved Counterparty and designated in writing by the Borrower or such Approved Counterparty to the Administrative Agent as a “Secured Swap Contract” under this Agreement.

Secured Swap Contract means any Swap Contract entered into between the Issuer or any of its Subsidiaries and a Secured Hedge Provider that is secured under the Priority Lien Documents.

Secured Swap Contract means any Rate Contract or Commodity Agreement between a Credit Party and the counterparty thereto, (i) which has been provided or arranged by a Lender or an Affiliate of Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Rate Contract or Commodity Agreement) and (ii) in the case of a Commodity Agreement, to the extent the counterparty thereto has executed and delivered an agreement in form and substance acceptable to the Agent (in the reasonable discretion of Agent), pursuant to which such counterparty, notwithstanding anything else set forth in the Loan Documents, agrees to irrevocably appoint Agent to exclusively on such counterparty’s behalf enforce rights and remedies with respect to the Collateral under the Loan Documents.

Secured Swap Contract means any Swap Contract entered into by an Obligor with a Lender (or an Affiliate of a Lender), at the time such Swap Contract was entered into, to hedge interest rate risk of such Obligor and Subsidiaries that are not Insurance Subsidiaries.

Secured Swap Contract any interest rate, currency, foreign exchange, or commodity Swap Contract required or permitted under Article VI or VII between any Loan Party and any of its Subsidiaries and the Swap Provider.