Hedging Policy Clause Samples
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Hedging Policy. Pursuant to the Entergy Corporation Policy Relating to Hedging, as adopted by the Company’s Board of Directors at its meeting held on December 3, 2010, officers, directors and employees are prohibited from entering into hedging or monetization transactions involving Common Stock so they continue to own Common Stock with the full risks and rewards of ownership, thereby ensuring continued alignment of their objectives with the Company’s other shareholders. Participation in any hedging transaction with respect to Common Stock (including Performance Units) is prohibited.
Hedging Policy. With respect to the first Transaction occurring on or after August 6, 2021, Buyer shall have approved Seller’s hedging policy with respect to the Purchased Assets that are Prime Jumbo Mortgage Loans and Agency Mortgage Loans.
Hedging Policy. The Hedging Policy has been approved by the Board of Directors of the Company (or by a committee duly delegated by such Board of Directors that is comprised of two or more members thereof) and is currently in effect.
Hedging Policy. The Borrower has implemented an interest rate hedging policy for the purpose of evaluating when it may be appropriate to implement a hedging strategy which would seek to provide providing protection against fluctuations in interest rates and the Borrower will maintain such hedging policy during the term of this Agreement.
Hedging Policy. (a) No Obligor shall enter into any interest and currency hedging, or other derivative transactions, for speculative purposes.
(b) The Borrowers shall hedge their interest and currency rate exposure in accordance with the Hedging Letter, and no amendments shall be made to the hedging policy set out therein without the prior written consent of the Agent.
Hedging Policy. (a) The Borrower shall establish and maintain, as of and after the Closing Date, a hedging policy (“Hedging Policy”) consistent with the criteria and provisions set forth on Exhibit D hereto, and with any changes in such Hedging Policy to be made subject to the provisions set forth on Exhibit D.
(b) The Borrower shall implement and comply with its Hedging Policy as in effect from time to time by entering into Eligible Hedge Agreements with Eligible Counterparties as necessary to so comply.
Hedging Policy. The Bank shall have received Financial's policy and procedures with respect to hedging transactions, a copy of which shall be attached hereto as Exhibit D (the "Hedging Policy"), certified by a Responsible Officer.
Hedging Policy. (a) The Seller:
(i) shall comply with the Hedging Policy in respect of any hedging agreements or arrangements entered into by it in relation to the Purchase Price of any Product sold pursuant to the Sale and Purchase Agreement;
(ii) shall promptly, but in any event no later than five (5) Business Days prior to its entry into any such agreement or arrangement, notify the Agent of its intention to enter into any such hedging agreement or arrangement; and
(iii) agrees and acknowledges that Banco Santander S.A. shall have a 'right to match' any such hedging agreement or arrangement that is notified to it by the Seller in accordance with this Clause 20.23.
(b) The Seller shall not enter into any Treasury Transaction, other than as expressly permitted under the Hedging Policy.
Hedging Policy. Fail to comply in all material respects with the Hedging Policy, change the Hedging Policy in any material way, or terminate the Hedging Policy, in each case without prior notice to the Agent.
Hedging Policy. The Borrower undertakes to the Senior Finance Parties that on or before the Signing Date it will enter into the Initial Cap; and