Energy Management Agreements definition
Examples of Energy Management Agreements in a sentence
The Administrative Agent shall have received a copy of the Energy and Fuel Risk Management Policies and the Energy Management Agreements.
No Obligor Party shall enter into or become a party to any Hedge Agreement without the written consent of the Administrative Agent except, in the case of any Loan Party, (a) Interest Rate Hedge Agreements not for speculative purposes, (b) Commodity Hedge and Power Sales Agreements that constitute Permitted Commodity Agreements, and (c) Permitted Energy Management Agreements.
No Loan Party shall enter into or become a party to any Hedge Agreement without the written consent of the Administrative Agent except: (a) Interest Rate Hedge Agreements not for speculative purposes, (b) Commodity Hedge and Power Sales Agreements that constitute Permitted Commodity Agreements, and (c) Permitted Energy Management Agreements.
Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or any similar transactions, other than Permitted Trading Activity (it being understood and agreed that all activities of the Loan Parties under the Energy Management Agreements are subject to this covenant).
In addition, as the Energy Management Agreements were of a similar nature, the transactions ought to be aggregated under Rule 14A.81 of the Listing Rules.
Nothing in clause (iii) above, however, shall be construed to release DMT or DPM from any third party indemnification obligations they may have under the Energy Management Agreements.
No Loan Party shall enter into or become a party to any Hedge Agreement without the written consent of the Administrative Agent except, in the case of any Loan Party, (a) Interest Rate Hedge Agreements in accordance with Section 5.23 or otherwise not for speculative purposes, (b) Commodity Hedge and Power Sales Agreements that constitute Permitted Commodity Agreements, and (c) Permitted Energy Management Agreements.
The Administrative Agent shall have received a copy of the Energy Management Agreements.