Hedging Position definition
Examples of Hedging Position in a sentence
With each delivery of a Borrowing Base Certificate on the twenty-first Business Day of each accounting month, the Borrower shall also deliver to each Lender a Hedging Position Report.
Current Hedging Position 9 General overview of the current hedging position.
Borrowing Base Certificate/ Hedging Position Reports 47 Section 6.15.
Notwithstanding the foregoing, the aggregate notional volumes of natural gas subject to or covered by all such Natural Gas Put Options may, at the discretion of the Hedge Provider (in consultation with the Counterparty) at any time be greater than thirty percent (30%) of, but shall not at any time exceed fifty percent (50%) of, the Natural Gas Hedging Position Volumes in effect at such time (as determined by the Hedge Provider).
With each delivery of a Borrowing Base Certificate, the Borrower shall also deliver to the Agent a Hedging Position Report.