Hedged Volume definition

Hedged Volume means, as of any date of determination, the aggregate notional volume of commodities covered under all Swap Agreements of the Borrower and the Subsidiary Guarantors then in effect.
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Examples of Hedged Volume in a sentence

  • Swap price Nov '08 - Dec '08 2,725,000 $ 9.158 Total 2008 2,725,000 Jan '09 - June '09 6,171,000 $ 8.970 Nov '09 - Dec '09 1,074,000 $ 8.968 Total 2009 7,245,000 Jan '10 - June '10 2,096,000 $ 8.630 Nov '10 - Dec '10 542,013 $ 8.610 Total 2010 2,638,013 Total 2008-2010 12,608,013 Crude Oil Hedging Summary (bbls) Hedged Volume (bbls) Avg.

  • The Borrower has informed the Administrative Agent that the Borrower may not be in compliance with the Hedged Volume limitations set forth in Section 9.18(a)(ii) of the Credit Agreement until the Borrowing Base is next redetermined pursuant to the Credit Agreement (as amended hereby) (the Event of Default that would result from such non-compliance as it may continue through and including the effective date of such Borrowing Base redetermination, the “Subject Default”).

  • Xxxxxxxx Title: Senior Vice President CAPITAL ONE, N.A., as a Lender By: /s/ Nancy Moxxxxx Name: Nancy Moxxxxx Xxxxx Senior Vice President Second Amendment : Schedule 8.18 Swap Agreements In Place as of September 9, 2008 Natural Gas Hedging Summary (MMbtu) Hedged Volume (MMbtu) Avg.

Related to Hedged Volume

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Trading Volume means the volume of shares of the Company's Common Stock that trade between 9:30 AM and 4:00 PM, New York City Time, on any Business Day, and shall expressly exclude any shares trading during "after hours" trading.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Residue Gas means that portion of all Gas, as measured at the tailgate of the Gas Plant, remaining after the extraction therefrom of Plant Products, Gas Plant and field fuel requirements, and Gas Plant and field losses or uses of Gas at the Gas Plant.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • MMcf means one million cubic feet.

  • Receipt Point(s means the receipt points set forth in Section 6 of this Toll Schedule.