Futures Trading and Fixed Price Exposure. OTE is not presently engaged in any futures or options trading nor is it a party to any price, interest rate, or currency swaps, xxxxxx, futures, or other derivative instruments.
Futures Trading and Fixed Price Exposure. TetriDyn is not presently engaged in any futures or options trading nor is it a party to any price, interest rate, or currency swaps, hxxxxx, futures, or other derivative instruments.
Futures Trading and Fixed Price Exposure. Neither IN nor any of its subsidiaries is presently engaged in any futures or options trading or is a party to any price, interest rate or currency swaps, xxxxxx, futures or other derivative instruments.
Futures Trading and Fixed Price Exposure. 4Health is not presently engaged in any futures or options trading nor is it a party to any price, interest rate or currency swaps, xxxxxx, futures or other derivative instruments.
Futures Trading and Fixed Price Exposure. Prior to the Execution Date and in the ordinary course of business, TEPPCO MLP has established risk parameters to restrict the level of risk that the TEPPCO Partnership Group Entities are authorized to take with respect to the open position resulting from all physical commodity transactions, exchange traded futures and options and over-the-counter derivative instruments (the “Open TEPPCO Position”) and monitors the compliance by the TEPPCO Partnership Group Entities with such risk parameters. Such risk parameters as of the Execution Date are set forth on Section 3.3(w) of the TEPPCO Disclosure Letter. Such risk parameters may be modified only by the TEPPCO MLP. The Open TEPPCO Position is within such risk parameters.
Futures Trading and Fixed Price Exposure. None of Xxxxx or any of its subsidiaries is presently engaged in any futures or options trading or is a party to any price, interest rate or currency swaps, xxxxxx, futures or other derivative instruments.
Futures Trading and Fixed Price Exposure. Neither Carpatsky nor any of its subsidiaries is presently engaged in any futures or options trading nor are they party to any price, interest rate or currency swaps, xxxxxx, futures or other derivative instruments.
Futures Trading and Fixed Price Exposure. The Market Risk Committee of Duke Energy has established risk parameters to restrict the level of risk that Duke Energy and its subsidiaries are authorized to take with respect to the open position resulting from all physical commodity transactions, exchange traded futures and options and over-the-counter derivative instruments (the "Open Duke Energy Position") and monitors the compliance by Duke Energy and its subsidiaries with such risk parameters. The risk parameters established by the Market Risk Committee of Duke Energy may be modified only by the Market Risk Committee of Duke Energy. The Open Duke Energy Position is within the risk parameters which have been established by the Market Risk Committee of Duke Energy.
Futures Trading and Fixed Price Exposure. The Risk Management ---------------------------------------- Committee of PanEnergy has established risk parameters to restrict the level of risk that PanEnergy and its Subsidiaries are authorized to take with respect to the net position resulting from all physical commodity transactions, exchange traded futures and options and over-the-counter derivative instruments (the "Net PanEnergy Position") and monitors the compliance by PanEnergy and its Subsidiaries with such risk parameters. The risk parameters established by PanEnergy's Risk Management Committee on the
Futures Trading and Fixed Price Exposure. The Board of Directors of Westcoast has approved the formation and mandate of the Corporate Risk Management Committee (the "CRMC"). The CRMC is responsible for providing the overall direction on all aspects of Westcoast's business risk management. Such responsibilities include approval and oversight of the aggregate risk limits and the delegation of risk management authority and accountability to the business units and functional units. The business risk management programs of Westcoast and its subsidiaries are consistent with the policies of the CRMC. The Board of Directors of Westcoast has established risk parameters to restrict the level of risk that Engage Energy Canada, Inc. ("Engage") and its subsidiaries are authorized to take with respect to the net position of Engage and its subsidiaries resulting from all physical commodity transactions, exchange traded futures and options and over-the-counter derivative instruments (the "Net Engage Position") and the CRMC monitors the compliance by Engage and its subsidiaries with such risk parameters. The risk parameters established by the Board of Directors of Westcoast as of the date hereof are set forth in Section 3.22 of the Westcoast Disclosure Letter and may be modified only by the Board of Directors of Westcoast. The Net Engage Position is within the risk parameters which have been established by Westcoast's Board of Directors or otherwise approved by Westcoast's Board of Directors. In the case of Westcoast's regulated subsidiaries, risk management programs have been established which govern the actions and conduct of such subsidiaries with respect to their management of gas supply portfolio risk arising from the use of physical commodity AMENDED AND RESTATED COMBINATION AGREEMENT 32 transactions, exchange traded futures and options and over-the-counter derivative instruments. The actions of each regulated subsidiary are reviewed by each of such subsidiary's respective regulatory bodies. Such subsidiaries are in compliance with their stated programs or policies.
