Examples of Fixed Price Customer Supply Contracts in a sentence
The Seller will be granted a single Collateral Threshold Amount to be applied across this Confirmation Agreement and all other Fixed Price Customer Supply Contracts as provided below.
If the Seller has entered into one or more energy or swap Fixed Price Customer Supply Contracts in addition to this Confirmation Agreement, the Total Exposure Amount shall be rounded up to the nearest $100,000 and the “Minimum Transfer Amount” shall equal $100,000.
If the Seller has only entered into this Confirmation Agreement and other capacity only or PRC only Fixed Price Customer Supply Contracts, then the Total Exposure Amount shall be rounded up to the nearest $10,000 and the “Minimum Transfer Amount” shall equal $10,000.
The Seller will be granted a single Credit Limit to be applied across this Confirmation Agreement and all other Fixed Price Customer Supply Contracts as provided below.
This Section 14 shall supersede and apply to all Fixed Price Customer Supply Contracts entered into between the Parties.
Such assurance would be equal to the positive difference, if any, between (a) the total aggregate credit exposure under each and every Fixed Price Customer Supply Contract to which Seller is a party, with such exposure to be calculated as per the applicable Confirmation Agreements and (b) the single collateral Threshold amount applicable to the Seller for the purposes of all the Fixed Price Customer Supply Contracts to which Seller is a party.
The term “Obligations” as used in the Credit Support Annex includes the following additional obligations: With respect to Party A: “Obligations” includes all obligations of Party A under this Confirmation Letter and any other Fixed Price Customer Supply Contracts.
To the extent that Section 365 of the Bankruptcy Code applies to this Confirmation Letter and all other Fixed Price Customer Supply Contract(s), the Parties agree that all transactions with each of the Parties under this Confirmation Letter and all other Fixed Price Customer Supply Contracts constitute one integrated transaction that can only be assumed or rejected in its entirety.
The Non-Defaulting Party will calculate a single Termination Payment applicable to all such Fixed Price Customer Supply Contracts as set forth above, and only one Termination Payment will be paid by the Party owing such amount.
It is the intention of each of the Parties that the decision by the Non-Defaulting Party to terminate its obligations to the Defaulting Party hereunder shall result in the automatic termination of its obligations under all other Fixed Price Customer Supply Contracts between the Parties.