Commodity Contract Termination definition

Commodity Contract Termination means the counterparty to each Facility Agreement with the Issuer and includes UBS and MLCImeans the termination of Commodity Contracts by a Commodity Contract Counterparty in accordance with a Facility Agreement
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Commodity Contract Termination means the counterparty to each Facility Agreement with the Issuer and until the Effective Date includes UBS and MLCI and thereafter includes MLI and CGMLmeans the termination of Commodity Contracts by a Commodity Contract Counterparty in accordance with a Facility Agreement
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More Definitions of Commodity Contract Termination

Commodity Contract Termination means the counterparty to each Facility Agreement with the Issuer and includes AIG-FPmeans with respect to a Commodity Contract Counterparty, neither that Commodity Contract Counterparty nor its Guarantor (if any) having an Acceptable Credit Ratingmeans the termination of Commodity Contracts by a Commodity Contract Counterparty in accordance with a Facility Agreement
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Related to Commodity Contract Termination

  • Swap Termination Value means, in respect of any one or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender).

  • Hedge Termination Value means, in respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the xxxx-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender).

  • Event of Termination has the meaning specified in Section 7.01.

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark: