Commodity Collar definition

Commodity Collar means a Transaction combining a Commodity Cap and a Commodity Floor, in which one party as the Seller of Commodity Collar is the Seller under a Commodity Cap and simultaneously the Buyer under a Commodity Floor and the other party as the Buyer of Commodity Collar is the Buyer under the Commodity Cap and simultaneously the Seller under the Commodity Floor.
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Related to Commodity Collar

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Commodity Interests means commodity futures contracts, options on commodity futures contracts, and options on physical commodities traded on or subject to the rules of:

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

  • Commodity means any material, article, supplies, goods, or equipment; “Foreign government” includes any foreign government entity;