Common use of Risk Management Policies Clause in Contracts

Risk Management Policies. During the term of this Agreement, EOTT MLP will maintain in effect the Risk Management Policies and adhere to and conduct its risk management activities, and cause the other Credit Parties to adhere to and conduct their respective risk management activities, in accordance with such policies. The Borrower Representative shall provide written notice to the Administrative Agent of any changes to the Risk Management Policies that the EOTT Corp. board of directors adopts promptly upon the EOTT Corp. board of directors' action thereon, and in no event more than 30 days after approval by the EOTT Corp. board of directors of such changes.

Appears in 1 contract

Samples: Loan and Security Agreement (Eott Energy Partners Lp)

AutoNDA by SimpleDocs

Risk Management Policies. During the term of this Agreement, EOTT MLP LLC will maintain in effect the Risk Management Policies and adhere to and conduct its risk management activities, and cause the other Credit Parties to adhere to and conduct their respective risk management activities, in accordance with such policies. The Borrower Representative shall provide written notice to the Administrative Term Lender Agent of any changes to the Risk Management Policies that the EOTT Corp. LLC board of directors managers adopts promptly upon the EOTT Corp. LLC board of directorsmanagers' action thereon, and in no event more than 30 days after approval by the EOTT Corp. LLC board of directors of such changes.

Appears in 1 contract

Samples: Term Loan Agreement (Eott Energy LLC)

Risk Management Policies. During the term of this Agreement, EOTT MLP will maintain in effect the Risk Management Policies and adhere to and conduct its risk management activities, and cause the other Credit Parties Debtors to adhere to and conduct their respective risk management activities, in accordance with such policies. The Borrower Representative shall provide written notice to the Administrative Term Lender Agent of any changes to the Risk Management Policies that the EOTT Corp. Energy board of directors adopts promptly upon the EOTT Corp. Energy board of directors' action thereon, and in no event more than 30 days after approval by the EOTT Corp. Energy board of directors of such changes.

Appears in 1 contract

Samples: Schedules and Exhibits (Eott Energy Partners Lp)

Risk Management Policies. During the term of this Agreement, EOTT MLP LLC will maintain in effect the Risk Management Policies and adhere to and conduct its risk management activities, and cause the other Credit Parties to adhere to and conduct their respective risk management activities, in accordance with such policies. The Borrower Representative shall provide written notice to the Administrative LC Agent of any changes to the Risk Management Policies that the EOTT Corp. LLC board of directors managers adopts promptly upon the EOTT Corp. LLC board of directors' action thereon, and in no event more than 30 days after approval by the EOTT Corp. LLC board of directors of such changes.

Appears in 1 contract

Samples: Credit Agreement (Eott Energy LLC)

AutoNDA by SimpleDocs

Risk Management Policies. During the term of this Agreement, EOTT MLP will maintain in effect the Risk Management Policies and adhere to and conduct its risk management activities, and cause the other Credit Parties Debtors to adhere to and conduct their respective risk management activities, in accordance with such policies. The Borrower Representative shall provide written notice to the Administrative LC Agent of any changes to the Risk Management Policies that the EOTT Corp. Energy board of directors adopts promptly upon the EOTT Corp. Energy board of directors' action thereon, and in no event more than 30 days after approval by the EOTT Corp. Energy board of directors of such changes.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Eott Energy Partners Lp)

Time is Money Join Law Insider Premium to draft better contracts faster.