Permitted Hedging Arrangements. The Borrower will not, and will not cause or permit any of its Subsidiaries to, enter into Hedging Agreements or become liable for liabilities arising from Hedging Agreements, other than those Hedging Agreements that are unsecured obligations of the Borrower.
Permitted Hedging Arrangements. Without limiting the generality of any other provisions of this Agreement, including without limitation Section 6.09, the Partnership hereby grants, transfers and assigns to the Collateral Trustee for the benefit of the Secured Parties, as security for the full payment of the Senior Debt Obligations and for the performance of the other obligations of the Borrower, the Partnership and the Partners under the Financing Documents, and hereby grants a lien on and first priority security interest in, all right, title and interest the Partnership that shall hereafter arise in and to Permitted Hedging Arrangements and all claims resulting from any failure of performance or compliance with any of the provisions of any of the Permitted Hedging Arrangements, together with full power and authority, in its own name or in the name of the Partnership or otherwise, to enforce Permitted Hedging Arrangements against the counterparties thereto. Concurrently with entering into a Permitted Hedging Arrangement, the Partnership shall give or cause to be given written notice to the counterparties thereto of the security interest hereby granted and shall obtain from each such counterparty an acknowledgment thereof and furnish it to the Collateral Trustee.
Permitted Hedging Arrangements. The Partnership shall, if applicable, deliver to the Collateral Trustee, each Credit Rating Agency and the Independent Engineer on the date of the delivery of its quarterly and annual financial statements pursuant to clause (b) of this Section 8.01, a report listing all Permitted Hedging Arrangements entered into or terminated in the current quarter.
Permitted Hedging Arrangements. The Partnership shall direct that the proceeds of all Permitted Hedging Arrangements be paid directly into the Principal & Interest Accrual Account.
Permitted Hedging Arrangements. The Borrower will not, and will not cause or permit any of its Subsidiaries to, enter into Hedging Agreements or become liable for liabilities arising from Hedging Agreements, other than Hedging Agreements in the ordinary course of business in a manner consistent with past practice as described on Schedule 9.11 and which Hedging Agreements are in the substantially the form attached hereto as Schedule 9.11, have been approved by the Board, do not grant a security interest in any of the assets of the Borrower or any of its Subsidiaries and the liabilities arising under such Hedging Agreements, in the aggregate, cannot exceed $500,000.
