{"component": "definition", "props": {"groups": [{"snippet": "means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.", "samples": [{"hash": "4akfFEv6roZ", "uri": "/contracts/4akfFEv6roZ#commodity-hedging-agreements", "label": "Credit Agreement (Optimum Communications, Inc.)", "score": 36.8987007141, "published": true}, {"hash": "iRYJtTQXz4G", "uri": "/contracts/iRYJtTQXz4G#commodity-hedging-agreements", "label": "Indenture (Intrum ZRT)", "score": 36.2087593079, "published": true}, {"hash": "5DqHFVnBpKN", "uri": "/contracts/5DqHFVnBpKN#commodity-hedging-agreements", "label": "Indenture (Intrum ZRT)", "score": 36.2087593079, "published": true}], "size": 125, "snippet_links": [{"key": "in-respect-of", "type": "definition", "offset": [7, 20]}, {"key": "a-person", "type": 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certain specified commodity hedging agreements identified in the Credit Agreement and any other agreement (including each confirmation or transaction entered into or consummated pursuant to any Master Agreement) providing for swaps, caps, collars, puts, calls, floors, futures, options, spots, forwards, any physical or financial commodity contracts or agreements, power purchase, sale or exchange agreements, fuel purchase, sale, exchange or tolling agreements, emissions and other environmental credit purchase or sales agreements, power transmission agreements, fuel transportation agreements, fuel storage agreements, netting agreements, commercial or trading agreements, capacity agreements or weather derivatives agreements, each with respect to, or involving the purchase, exchange (including an option to purchase or exchange), transmission, distribution, sale, lease, transportation, storage, processing or hedge of (whether physical, financial, or a combination thereof), any Covered 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"other-credits", "type": "definition", "offset": [1223, 1236]}, {"key": "related-to", "type": "definition", "offset": [1304, 1314]}, {"key": "renewable-portfolio-standard", "type": "definition", "offset": [1336, 1364]}, {"key": "economic-value", "type": "definition", "offset": [1392, 1406]}, {"key": "each-case", "type": "definition", "offset": [1445, 1454]}, {"key": "by-the-company", "type": "clause", "offset": [1469, 1483]}], "hash": "ad97345527e415824ce5084d26eacbc4", "id": 5}, {"snippet": "means agreements or arrangements designed to protect such Person against fluctuations in the price of (1) crude oil, natural gas or other hydrocarbons or (2) any other commodity, in each case, in connection with the conduct of its business and not for speculative purposes.", "samples": [{"hash": "gHmVuXdemtB", "uri": "/contracts/gHmVuXdemtB#commodity-hedging-agreements", "label": "Amended First Supplemental Indenture (Key Energy Services Inc)", "score": 23.1848049164, "published": true}, {"hash": 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"id": 6}, {"snippet": "means the Existing Commodity Hedging Agreements and any other agreement (including each confirmation entered into pursuant to any master agreement) providing for swaps, caps, collars, puts, calls, floors, futures, options, spots, forwards, power purchase or sale agreements, fuel purchase or sale agreements, emissions credit purchase or sales agreements, power transmission agreements, fuel transportation agreements, fuel storage agreements, netting agreements, commercial or trading agreements, weather derivatives agreements, each with respect to, or involving the purchase, transmission, distribution, sale, lease or hedge of, any energy, generation capacity or fuel, or any other energy or weather related commodity, service or risk, price or price indices for any such commodities, services or risks or any other similar derivative agreements, any renewable energy credits, carbon emission credits and any other \u201ccap and trade\u201d related credits, assets or attributes with an economic value and any other similar agreements, entered into by the Borrower or any Restricted Subsidiary, in each case under this definition, in the ordinary course of business, or otherwise consistent with Prudent Industry Practice in order to manage fluctuations in the price or availability to the Borrower or any Restricted Subsidiary of any commodity and/or manage the risk of adverse or unexpected weather conditions.", "samples": [{"hash": "h5hehVoeqF", "uri": "/contracts/h5hehVoeqF#commodity-hedging-agreements", "label": "Credit Agreement (NRG Energy, Inc.)", "score": 30.8480491638, "published": true}, {"hash": "2g3bcspTKAP", "uri": "/contracts/2g3bcspTKAP#commodity-hedging-agreements", "label": "Credit Agreement (NRG Energy, Inc.)", "score": 27.6036968231, "published": true}, {"hash": "41cxUpcgfLo", "uri": "/contracts/41cxUpcgfLo#commodity-hedging-agreements", "label": "Credit Agreement (NRG Energy, Inc.)", "score": 22.5058174133, "published": true}], "size": 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solely to hedge the risk of such prices associated with Holdings\u2019 and its Subsidiaries\u2019 operations and not for speculative purposes.", "samples": [{"hash": "7yt0ZzxBgWU", "uri": "/contracts/7yt0ZzxBgWU#commodity-hedging-agreements", "label": "Credit and Guaranty Agreement (Tronox LTD)", "score": 25.3230667114, "published": true}, {"hash": "1aVbZ7l5Ebx", "uri": "/contracts/1aVbZ7l5Ebx#commodity-hedging-agreements", "label": "Credit and Guaranty Agreement (Tronox LTD)", "score": 24.2197132111, "published": true}, {"hash": "8imoo5OWWIV", "uri": "/contracts/8imoo5OWWIV#commodity-hedging-agreements", "label": "Credit and Guaranty Agreement (Tronox LTD)", "score": 23.332649231, "published": true}], "size": 10, "snippet_links": [{"key": "sale-agreements", "type": "clause", "offset": [130, 145]}, {"key": "derivative-agreements", "type": "definition", "offset": [181, 202]}, {"key": "with-respect-to", "type": "clause", "offset": [246, 261]}, {"key": "the-purchase", "type": "clause", 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transmission, distribution, sale, lease or hedge of, any energy, generation capacity or fuel, or any other energy or weather related commodity, service or risk, price or price indices for any such commodities, services or risks or any other similar derivative agreements, any renewable energy credits, carbon emission credits and any other \u201ccap and trade\u201d related credits, assets or attributes with an economic value and any other similar agreements, entered into by the Borrower or any Subsidiary, in each case under this definition, (i) in the ordinary course of business, or (ii) otherwise consistent with Prudent Industry Practice in order to manage fluctuations in the price or availability to the Borrower or any Subsidiary of any commodity and/or manage the risk of adverse or unexpected weather conditions.", "samples": [{"hash": "4C92lNQSMiW", "uri": "/contracts/4C92lNQSMiW#commodity-hedging-agreements", "label": "Revolving Credit Agreement (Dynegy Inc.)", "score": 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Agreement) providing for swaps, caps, collars, puts, calls, floors, futures, options, spots, forwards, any physical or financial commodity contracts or agreements, power purchase, sale or exchange agreements, fuel purchase, sale, exchange or tolling agreements, emissions and other environmental credit purchase or sales agreements, power transmission agreements, fuel transportation agreements, fuel storage agreements, netting agreements, commercial or trading agreements, capacity agreements, weather derivatives agreements, each with respect to, or involving the purchase, exchange (including an option to purchase or exchange), transmission, distribution, sale, lease, transportation, storage, processing or hedge of (whether physical, financial, or a combination thereof), any Covered Commodity, service or risk, price or price indices for any such Covered Commodities, services or risks or any other similar agreements, any renewable energy credits, emission, carbon and other environmental credits and any other credits, assets or attributes, howsoever entitled or designated, including related to any \u201ccap and trade\u201d, renewable portfolio standard or similar program with an economic value and any other similar agreements, in each case, entered into by the Borrower or any Restricted Subsidiary.", "samples": [{"hash": "lijOY6KKZcM", "uri": "/contracts/lijOY6KKZcM#commodity-hedging-agreements", "label": "Credit Agreement (NRG Energy, Inc.)", "score": 35.2915802002, "published": true}, {"hash": "fi109grhUjS", "uri": "/contracts/fi109grhUjS#commodity-hedging-agreements", "label": "Credit Agreement (NRG Energy, Inc.)", "score": 34.1225204468, "published": true}, {"hash": "6PVUjM61Qm5", "uri": "/contracts/6PVUjM61Qm5#commodity-hedging-agreements", "label": "Credit Agreement (NRG Energy, Inc.)", "score": 31.6365509033, "published": true}], "size": 8, "snippet_links": [{"key": "existing-commodity-hedging-agreements", "type": "definition", "offset": [10, 47]}, {"key": "any-other-agreement", "type": "definition", "offset": [52, 71]}, {"key": "entered-into", "type": "clause", "offset": [116, 128]}, {"key": "pursuant-to", "type": "definition", "offset": [144, 155]}, {"key": "master-agreement", "type": "definition", "offset": [160, 176]}, {"key": "contracts-or-agreements", "type": "clause", "offset": [306, 329]}, {"key": "power-purchase", "type": "clause", "offset": [331, 345]}, {"key": "exchange-agreements", "type": "clause", "offset": [355, 374]}, {"key": "tolling-agreements", "type": "definition", "offset": [409, 427]}, {"key": "sales-agreements", "type": "clause", "offset": [482, 498]}, {"key": "transmission-agreements", "type": "definition", "offset": [506, 529]}, {"key": "transportation-agreements", "type": "definition", "offset": [536, 561]}, {"key": "storage-agreements", "type": "clause", "offset": [568, 586]}, {"key": "netting-agreements", "type": "definition", "offset": [588, 606]}, {"key": "trading-agreements", "type": "definition", "offset": [622, 640]}, {"key": "capacity-agreements", "type": "definition", "offset": [642, 661]}, {"key": "derivatives-agreements", "type": "definition", "offset": [671, 693]}, {"key": "with-respect-to", "type": "clause", "offset": [700, 715]}, {"key": "the-purchase", "type": "clause", "offset": [730, 742]}, {"key": "purchase-or-exchange", "type": "clause", "offset": [777, 797]}, {"key": "covered-commodity", "type": "definition", "offset": [950, 967]}, {"key": "similar-agreements", "type": "definition", "offset": [1074, 1092]}, {"key": "renewable-energy-credits", "type": "definition", "offset": [1098, 1122]}, {"key": "environmental-credits", "type": "definition", "offset": [1151, 1172]}, {"key": "other-credits", "type": "definition", "offset": [1181, 1194]}, {"key": "related-to", "type": "definition", "offset": [1262, 1272]}, {"key": "renewable-portfolio-standard", "type": "definition", "offset": [1294, 1322]}, {"key": "economic-value", "type": "definition", "offset": [1350, 1364]}, {"key": "each-case", "type": "definition", "offset": [1402, 1411]}, {"key": "by-the-borrower", "type": "clause", "offset": [1426, 1441]}, {"key": "restricted-subsidiary", "type": "definition", "offset": [1449, 1470]}], "hash": "8b72beb877e9a1a6245ca27e1d2435d9", "id": 10}], "next_curs": "CmkSY2oVc35sYXdpbnNpZGVyY29udHJhY3RzckULEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIlY29tbW9kaXR5LWhlZGdpbmctYWdyZWVtZW50cyMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.", "size": 302, "title": "Commodity Hedging Agreements", "id": "commodity-hedging-agreements", "examples": ["Enter into any Commodity Hedge Agreement if, after giving effect thereto the total volume of Hydrocarbons to be hedged under <strong>Commodity Hedging Agreements</strong> would exceed, at the time of entering into any Commodity Hedge Agreement, 80% of the projected PDP production from the Oil and Gas Properties of the Borrower and the Subsidiaries for the period during which such Commodity Hedging Agreement is in effect.", "The proceeds of Revolving Credit Loans and Swingline Loans will be used by the Borrower on or after the Closing Date for working capital requirements and other general corporate purposes (including the financing of any acquisitions permitted hereunder and the provision of collateral support in respect of <strong>Commodity Hedging Agreements</strong>, including for the avoidance of any doubt, any speculative <strong>Commodity Hedging Agreements</strong>).", "The Letters of Credit will be used by the Borrower for general corporate purposes (including the provision of collateral support in respect of <strong>Commodity Hedging Agreements</strong>, including, for the avoidance of any doubt, speculative <strong>Commodity Hedging Agreements</strong>).", "No Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document or with respect to any Collateral, as a result of the existence of obligations owed to it under any <strong>Commodity Hedging Agreements</strong>, Interest Rate Agreements or agreements relating to Lender Products.", "No holder of Hedging Obligations under Secured Hedging Agreements and/or Secured <strong>Commodity Hedging Agreements</strong> or Cash Management Obligations under Secured Cash Management Agreements shall have any rights in connection with the management or release of any Collateral or of the obligations of any Credit Party under this Agreement.", "Holdings will not and will not permit any of its Subsidiaries to enter into any Commodity Hedge Agreement if, after giving effect thereto the total volume of Hydrocarbons to be hedged under <strong>Commodity Hedging Agreements</strong> would exceed, at the time of entering into any Commodity Hedge Agreement, 90% of the projected 2P production from the Oil and Gas Properties of Holdings and each of its Subsidiaries for the period during which such Commodity Hedging Agreement is in effect.", "No Lender or any Affiliate of a Lender shall have any voting rights under any Loan Document or with respect to any Collateral, as a result of the existence of obligations owed to it under any such <strong>Commodity Hedging Agreements</strong>, Interest Rate Agreements or agreements relating to Lender Products.", "Interest Rate/Currency Hedging Agreements and Eligible <strong>Commodity Hedging Agreements</strong>.", "Maintain in effect <strong>Commodity Hedging Agreements</strong> with one or more Approved Counterparties that establish minimum fixed prices reasonably acceptable to the Administrative Agent on a volume of Hydrocarbons equal to not less than 40% of the projected PDP production from the Oil and Gas Properties of the Borrower and the Subsidiaries for the succeeding twelve calendar months on a rolling twelve calendar month basis.", "Each Guarantor guarantees that the Guaranteed Obligations will be paid strictly in accordance with the terms of the Loan Documents, the Secured Cash Management Agreements, the Interest Rate Hedging Agreements or the Secured <strong>Commodity Hedging Agreements</strong>, as applicable, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of such terms or the rights of any Secured Party with respect thereto."], "related": [["commodity-hedging-agreement", "Commodity Hedging Agreement", "Commodity Hedging Agreement"], ["rate-hedging-agreement", "Rate Hedging Agreement", "Rate Hedging Agreement"], ["interest-rate-hedging-agreements", "Interest Rate Hedging Agreements", "Interest Rate Hedging Agreements"], ["other-hedging-agreements", "Other Hedging Agreements", "Other Hedging Agreements"], ["hedging-agreements", "Hedging Agreements", "Hedging Agreements"]], "related_snippets": [], "updated": "2026-06-01T04:40:26+00:00"}, "json": true, "cursor": ""}}