Hedging Activities definition

Hedging Activities means any forward sale, hedging or similar transaction involving any Voting Stock, including any transaction by which any economic risks and/or rewards or ownership of, or voting rights with respect to, any such Voting Stock are Transferred or affected.
Hedging Activities means any activities or transactions undertaken in connection with the establishment, maintenance, adjustment or termination of a Hedge Position.
Hedging Activities has the meaning set forth in Section 5.3.3 hereof.

Examples of Hedging Activities in a sentence

  • The Royalty payable on Precious Metals or other Minerals subject to Hedging Activities shall be determined in the same manner as provided in this Section 3 and Sections 4 and 5, with the understanding that the Precious Metals or other Minerals subject to Hedging Activities shall be deemed to be part of Monthly Production, with the Monthly Average Gold Price, Monthly Average Silver Price or Monthly Average COMEX Price, as applicable, for such month being used in the calculation of the Royalty.

  • All Hedging Activities entered into by the Royalty Payor Entities, as the case may be, and all profits or losses associated therewith, if any, shall be solely for the account of the Royalty Payor Entities, as the case may be.

  • All profits and losses resulting from the Royalty Payor Entities, as the case may be, entering into any Hedging Activities are specifically excluded from calculations of the Royalty pursuant to this Agreement.


More Definitions of Hedging Activities

Hedging Activities has the meaning provided in the Partnership Agreement.
Hedging Activities shall have the meaning set forth in Section 2.2(b).
Hedging Activities has the meaning set out in Section 2(g).
Hedging Activities means any transactions intended to reduce the economic risk of ownership of the Warrants (including, without limitation, the sale of any option or contract to purchase or the purchase of any option or contract to sell or any other derivative) or that would, directly or indirectly, have the effect (or substantially the economic equivalent effect) of selling short the eSpeed Class A Common Stock or the Warrants.
Hedging Activities has the meaning given to it in Section 6.3(c).
Hedging Activities means, with respect to any Person, activities of such Person directly relating to: (a) interest rate swap agreements, interest rate cap agreements, interest rate collar agreements and all other agreements and arrangements designed to protect such Person against fluctuations in interest rates, or (b) commodity hedge, commodity swap, exchange, collar or cap agreements, fixed price agreements and all other agreements and arrangements designed to protect such Person against fluctuations in the price of oil, gas, hydrocarbons, electricity, potash, magnesium chloride, salt or other minerals.
Hedging Activities. Enter into any transaction providing (i) for the hedging, forward sale, swap or any derivation thereof of crude oil or natural gas or other commodities; or (ii) for a swap, collar, floor, cap, option, corridor, or other contract which is intended to reduce or eliminate the risk of fluctuation in interest rates, as such terms are referred to in the capital markets, except the foregoing prohibitions shall not apply to (x) transactions consented to in writing by the Lender which are on terms acceptable to the Lender, or (y) Pre-Approved Contracts (hereafter defined). The term "Pre-Approved Contracts" as used herein shall mean (i) any physical delivery contract or agreement with an oil and gas purchaser under which the Borrower agrees to sell its oil and gas at an agreed upon price for an agreed upon period of time and for volume amounts which do not exceed the monthly production forecast for all of the Borrower's proved developed producing reserves and/or (ii) any financial contract or agreement which is consistent with the following: (a) the volume amounts do not exceed 75% of the monthly production forecast for all of the Borrowers' proved and producing oil and gas properties and (b) the term does not extend beyond a twenty four (24) month period. Upon entering into any such contract hereunder, each Borrower agrees to notify Lender of the terms of such contract so as to allow for an adjustment to the Borrowing Base if and when deemed appropriate by the Lender in its sole discretion.