Common use of Hedging Contracts Clause in Contracts

Hedging Contracts. No Loan Party is a party to, nor will it be a party to, any Hedging Contract unless same provides that damages upon termination following an event of default thereunder are payable on a “two-way basis” without regard to fault on the part of either party.

Appears in 5 contracts

Samples: Credit and Security Agreement (Ramaco Resources, Inc.), Credit and Security Agreement (CVSL Inc.), Credit and Security Agreement (Ramaco Resources, Inc.)

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Hedging Contracts. No Except as set forth on Schedule 5.18, no Loan Party is a party to, nor will it be a party to, any Hedging Contract unless same provides that damages upon termination following an event of default thereunder are payable on a “an unlimited "two-way basis" without regard to fault on the part of either party.

Appears in 1 contract

Samples: Security Agreement (Allegheny Technologies Inc)

Hedging Contracts. No Loan Party is a party to, nor will it be a party to, any Hedging Contract unless same provides that damages upon termination following an event of default thereunder are payable on a "two-way basis" without regard to fault on the part of either party.

Appears in 1 contract

Samples: And (Blonder Tongue Laboratories Inc)

Hedging Contracts. No Loan Party is a party to, nor will it be a party to, any Hedging Contract unless same provides that damages upon termination following an event of default thereunder are payable (in cash or in kind) on a “two-way basis” without regard to fault on the part of either party, although liability for damages in connection with such fault is not precluded by the foregoing.

Appears in 1 contract

Samples: Security Agreement (Imco Recycling Inc)

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Hedging Contracts. No Except as set forth on Schedule 5.18, no Loan Party is a party to, nor will it be a party to, any Hedging Contract unless same provides that damages upon termination following an event of default thereunder are payable on a an unlimited “two-way basis” without regard to fault on the part of either party.

Appears in 1 contract

Samples: Security Agreement (Allegheny Technologies Inc)

Hedging Contracts. No Loan Party is a party to, to (nor will it be a party to, ) any Hedging Contract unless same (a) it provides that termination damages upon termination following an event of default thereunder are payable on a “two-way basis” without regard to fault on the part of either partyparty and (b) it is entered into in the ordinary course of business (and not for speculative purposes).

Appears in 1 contract

Samples: Credit and Security Agreement (1847 Holdings LLC)

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