Commodity Agreement definition

Commodity Agreement means any commodity futures contract, commodity swap, commodity option or other similar agreement or arrangement designed to protect against fluctuations in the price of commodities or to otherwise manage commodity prices or the risk of fluctuations in commodity prices.

Commodity Agreement of any Person means any commodity forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement to which such Person is a party.

Commodity Agreement means any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement.

Examples of Commodity Agreement in a sentence

• The Parties hereto agree that any property in which a Party has been or will be granted a security interest (or comparable interest) to secure obligations owed to it by the other party (the “Other Party”) under this Agreement or an Other Commodity Agreement shall also secure the Other Party’s obligation to make payments under this Agreement and/or the Other Commodity Agreement, including without limitation, the payment of the Termination Payment and/or the Other Termination Payment.

• Each Other Commodity Agreement and any credit support document related thereto are hereby amended as set forth in this Section 19.6.

• Tenements are subject to a Sale and Split Commodity Agreement with Lake Wells Exploration Pty Ltd ( Lake Wells) and Mark Creasy, where the Company has the right to explore for and exploit potash minerals in preference to all other minerals’ exploration and prospecting activities.

• Upon election to enter into the Split Commodity Agreement, the Company must issue to NWS the greater of:(a) 500,000 fully paid ordinary shares in Santa Fe; or(b) fully paid ordinary shares in Santa Fe to a value of A$100,000 based on a 5 day VWAP share price prior to the date of electing to enter into the Split Commodity Agreement.Under the agreement, the total consideration shares that SFM will issue to exercise the option in its entirety is capped at 10,000,000.

• De Grey retains 100% rights to all non-iron ore related minerals under a Split Commodity Agreement.

More Definitions of Commodity Agreement

Commodity Agreement means any commodity futures contract, commodity option or other similar agreement or arrangement entered into by the Company or any Restricted Subsidiary designed to protect the Company or any of its Restricted Subsidiaries against fluctuations in the price of commodities actually used in the ordinary course of business of the Company and its Restricted Subsidiaries.

Commodity Agreement means any commodity futures contract, commodity option or other similar agreement or arrangement entered into by the Company or any of its Restricted Subsidiaries designed to protect the Company or any of its Restricted Subsidiaries against fluctuations in the price of the commodities at the time used in the ordinary course of the Company’s business or the business of any of its Restricted Subsidiaries.

Commodity Agreement means any forward contract, commodity swap, commodity option or other financial agreement or arrangement relating to, or the value of which is dependent upon, fluctuations in commodity prices.

Commodity Agreement means any commodity or raw material futures contract, commodity or raw materials option, or any other agreement designed to protect against or manage exposure to fluctuations in commodity or raw materials prices.

Commodity Agreement means, with respect to any Person, any commodity future or forward, swap or option, cap or collar or other similar agreement or arrangement as to which such Person is a party or beneficiary.

Commodity Agreement any commodity swap agreement, futures contract, option contract or other similar agreement or arrangement, each of which is for the purpose of hedging the commodity price exposure associated with any Borrower’s and its Subsidiaries’ operations and not for speculative purposes.

Commodity Agreement means any commodity futures contract, commodity option or other similar agreement or arrangement entered into by the Company or any of its Subsidiaries designed to protect the Company or any of its Subsidiaries against fluctuations in the price of commodities actually used or bought or sold in the ordinary course of business of the Company and its Subsidiaries.