Common use of Hedging Reports Clause in Contracts

Hedging Reports. Seller shall cause Guarantor to deliver, and Guarantor shall deliver, to Buyer, or cause to be delivered to Buyer, weekly, a summary hedge report (data elements to be agreed upon by Seller and Buyer). To the extent Seller or Guarantor retains any Person(s) to perform hedging services on behalf of Seller or Guarantor, each of Seller and Guarantor hereby grants Buyer authority to contact, request and receive hedging reports directly from such Person(s) at no cost to Buyer. Further, Seller and Guarantor shall instruct such Person(s), upon reasonable notice from Buyer and during normal business hours, to answer candidly and fully, at no cost to Buyer, any and all questions that Buyer may address to them in reference to the hedging reports of Seller or Guarantor.