Commodity Swap Contract definition

Commodity Swap Contract means a Swap Contract relating to a commodity (but excluding, for the avoidance of doubt, any Swap Contract relating to interest rate exposure or currency risk or exposure).
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Examples of Commodity Swap Contract in a sentence

  • Neither the Borrower nor any Material Subsidiary shall enter into or maintain any Exchange Rate Swap Contract, Interest Rate Swap Contract, Commodity Swap Contract or any other derivative agreement or other similar agreement or arrangements (collectively, the “Hedge Agreements”) unless such Hedge Agreement is entered into for hedging purposes only in the ordinary course of business and not for speculative purposes and in each case complies with the restrictions contained in this Section 9.2.

  • The Borrower will not enter into or maintain any Exchange Rate Swap Contract, Interest Rate Swap Contract, Commodity Swap Contract and any other derivative agreement or other similar agreement or arrangements (collectively, the “Hedging Agreements”).

  • Neither the Borrower nor any Material Subsidiary shall enter into or maintain any Exchange Rate Swap Contract, Interest Rate Swap Contract, Commodity Swap Contract or any other derivative agreement or other similar agreement or arrangements (collectively, the "Hedge Agreements") unless such Hedge Agreement is entered into for hedging purposes only in the ordinary course of business and not for speculative purposes and in each case complies with the restrictions contained in this Section 9.2.

  • The Borrower will not, and will not permit any other Loan Party to, enter into or maintain any Exchange Rate Swap Contract, Interest Rate Swap Contract, Commodity Swap Contract and any other derivative agreement or other similar agreement or arrangements (collectively, the "Hedging Agreements"), unless such Hedging Agreement is entered into for hedging purposes only in the ordinary course of business and not for speculative purposes.

  • The Borrower will not enter into or maintain any Exchange Rate Swap Contract, Interest Rate Swap Contract, Commodity Swap Contract and any other derivative agreement or other similar agreement or arrangements (collectively, the “Hedging Agreements”), unless such Hedging Agreement is entered into for hedging purposes only in the ordinary course of business and not for speculative purposes.

  • The Borrower will not, and will not permit any other Loan Party to, enter into or maintain any Exchange Rate Swap Contract, Interest Rate Swap Contract, Commodity Swap Contract and any other derivative agreement or other similar agreement or arrangements (collectively, the “Hedging Agreements”), unless such Hedging Agreement is entered into for hedging purposes only in the ordinary course of business and not for speculative purposes.