Commodity Hedge Contract definition

Commodity Hedge Contract means any commodity exchange, swap, forward, cap, floor, collar or other similar agreement or arrangement entered into for the purpose of hedging the Partnership Group’s exposure to fluctuations in the price of hydrocarbons or other commodities in their operations and not for speculative purposes.
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Commodity Hedge Contract means any commodity exchange, swap, forward, cap, floor collar or other similar agreement or arrangement entered into for the purpose of reducing the exposure of the Partnership Group to fluctuations in the price of hydrocarbons (including liquefied natural gas or liquefied petroleum gas) in their operations and not for speculative purposes.
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Commodity Hedge Contract means any futures or forward purchase contracts for raw materials such as copper.
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Examples of Commodity Hedge Contract in a sentence

  • The Credit Agreement is hereby amended by replacing in its entirety Schedule 1.1(g) to the Credit Agreement, entitled “Terms of Qualified Commodity Hedge Contract and Qualified Commodity Hedge Intercreditor Agreement”, with Schedule 1.1(g) attached hereto and by this reference made a part hereof.

  • Facsimile No.: ▇▇▇-▇▇▇-▇▇▇▇ Telephone No. ▇▇▇-▇▇▇-▇▇▇▇ If to any other Lender: To the address, facsimile number, or telephone number specified in its Administrative Questionnaire If to the Qualified Counterparty to the Qualified Commodity Hedge Contract: To the address, facsimile number, or telephone number specified in or as otherwise provided in the Qualified Commodity Hedge Intercreditor Agreement or at such other address as any party may designate to any other party by written notice.

  • Unless any such Consent is required and is not obtained prior to the Closing with respect to a Commodity Hedge Contract (any such Contract, an “Unassigned Commodity Hedge Contract”), the Seller Parties and their Affiliates shall assign, transfer, convey and deliver as of the Closing all right, title and interest in and to, and Parent or its applicable Subsidiary shall accept and assume as of the Closing all Liabilities under, each Commodity Hedge Contract.

  • In order to be entitled to the rights granted under this Section 9.1(f), the Qualified Counterparty to the Qualified Commodity Hedge Contract shall provide a certificate to the Agent as to the amount determined under clauses (i) or (ii) of the immediately preceding sentence, and the Agent may conclusively rely on such certificate in making any determination of Required Lenders or other requisite consent of Lenders under this Agreement or any Security Document.

  • The Borrower shall not amend the Qualified Commodity Hedge Contract in any manner that is inconsistent with the terms specified in Schedule 1.1(g) attached hereto and by this reference made a part hereof, and shall cause all amounts payable to the Borrower under the Qualified Commodity Hedge Contract to be payable in cash, in immediately available funds, and to be deposited into the Qualified Commodity Hedge Contract Account.


More Definitions of Commodity Hedge Contract

Commodity Hedge Contract means any commodity exchange, swap, forward, cap, floor, collar or other similar agreement or arrangement
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Commodity Hedge Contract means any of the commodity hedging Contracts listed in Section 2.21 of the Seller Disclosure Schedule and any similar Contract entered into by a Seller Party or one of its Affiliates in the ordinary course of business between the date hereof and the Closing and primarily related to the businesses of the Acquired Entities.
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