Change of Hedge Counterparty Sample Clauses

Change of Hedge Counterparty. Subject to Clause 28.14 (Costs), a Hedge Counterparty (the "Existing Hedge Counterparty") may (in accordance with the terms of the relevant Hedging Agreement and subject to any consent required under that Hedging Agreement and paragraph (s) of Clause 8.5 (Hedging)), transfer by novation any of its rights and obligations in respect of the Hedging Agreements to which it is a party if any transferee (the "New Hedge Counterparty") has (if not already a Party as a Hedge Counterparty) acceded to this Agreement pursuant to Clause 28.10 (Additional Hedge Counterparties) as a Hedge Counterparty.

Change of Hedge Counterparty. A Hedge Counterparty may (in accordance with the terms of the relevant Hedging Agreement and subject to any consent required under that Hedging Agreement) transfer any of its rights or obligations in respect of the Hedging Agreements to which it is a party and which gives rise to Super Senior Hedging Liabilities, Pari Passu Hedging Liabilities, Second Lien Hedging Liabilities or Senior Subordinated Hedging Liabilities if the transferee has (if not already a Party as a Hedge Counterparty) acceded to this Agreement as a Hedge Counterparty pursuant to Clause 28.24 (Creditor/Creditor Representative Accession Undertaking) and specifically acknowledged that its Hedging Liabilities are Super Senior Hedging Liabilities, Pari Passu Hedging Liabilities, Second Lien Hedging Liabilities or Senior Subordinated Hedging Liabilities, as the case may be.