Floor Contracts definition
Floor Contracts means put option contracts that protect against falling oil and gas prices and do not require any payments in respect thereof other than an initial premium or purchase price. For the avoidance of doubt, Floor Contracts do not include swaps or collars.
Examples of Floor Contracts in a sentence
All certificates required by this Contract shall be sent directly to (Arizona Superior Court in Pima County, 9th Floor, Contracts & Procurement, ▇▇▇ ▇.
Such notice shall be sent directly to (Arizona Superior Court in Pima County, 9th Floor, Contracts & Procurement, ▇▇▇ ▇.
For the avoidance of doubt, Floor Contracts do not include swaps or collars.
For the avoidance of doubt, Floor Contracts do not include Swaps or collars.