Commodity Hedge Counterparty definition

Commodity Hedge Counterparty means any Person that is, as of the date of the applicable Commodity Hedge Agreement, (a) (i) a commercial bank, insurance company or other similar financial institution or any Affiliate thereof, or (ii) a public utility and (b) in the business of selling, marketing, purchasing or distributing natural gas, ancillary services or other fuel.
Commodity Hedge Counterparty means any Commodity Institution or any Power Distributor which has a Required Rating.
Commodity Hedge Counterparty any Person (other than any Loan Party) that is a party to a Permitted Commodity Hedge and Power Sales Agreement.

Examples of Commodity Hedge Counterparty in a sentence

  • Xxxx, in its capacity as a Secured Commodity Hedge Counterparty (the “X.

  • The undersigned is [acting as trustee/agent/Administrative Agent/Collateral Agent for] [[a] Lender(s)] [an additional Secured Party] [a Secured Commodity Hedge Counterparty] under the [describe Replacement Credit Agreement, other agreement(s) evidencing Refinanced Indebtedness, Additional Obligations, Secured Commodity Hedge and Power Sales Agreement, as applicable] (the “Additional Document”).

  • Xxxxxxx Title: President [A&R Intercreditor Agreement] XXXXXX XXXXXXX CAPITAL GROUP INC., as Secured Commodity Hedge Counterparty By: /s/ Xxxxx X.

  • The Additional Secured Party hereby becomes a Secured Party as [Administrative Agent/Collateral Agent] [Secured Debt Representative] [a holder of Additional Obligations] [a Secured Commodity Hedge Counterparty].

  • XXXX & COMPANY, as Secured Commodity Hedge Counterparty By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Managing Director [A&R Intercreditor Agreement] CITIGROUP ENERGY INC., as Secured Commodity Hedge Counterparty By: /s/ Xxxxxx X.


More Definitions of Commodity Hedge Counterparty

Commodity Hedge Counterparty means a hedge counterparty under an OCB Secured Hedging Agreement which has acceded as an Obligor Secured Creditor to the STID and the Common Terms Agreement.
Commodity Hedge Counterparty means any Person that (a) (i) is a commercial bank, insurance company, investment fund or other similar financial institution (including CS) or any Affiliate thereof which is engaged in the business of entering into Commodity Hedge and Power Sale Agreements, (ii) is a public utility or (iii) is in the business of selling, marketing, purchasing, transporting, distributing or storing electric energy, fuel, oil, natural gas or weather-related derivatives, as applicable, and (b) at the time the applicable Permitted Commodity Hedge and Power Sale Agreement is entered into, has a Required Rating.
Commodity Hedge Counterparty means any Person (a) that is, as of the date of the applicable Commodity Hedge Agreement, (i) a commercial bank, insurance company or other similar financial institution or any Affiliate thereof, (ii) a public utility, (iii) in the business of selling, marketing, purchasing or distributing electric energy, capacity, ancillary services or fuel and (b) has the Required Rating.
Commodity Hedge Counterparty means any Person (or whose obligations under the applicable Permitted Secured Commodity Hedge and Power Sale Agreement are guaranteed by an entity) (a) that is, as of the date of the applicable Permitted Secured Commodity Hedge and Power Sale Agreement, (i) a commercial bank, insurance company or other similar financial institution or any Affiliate thereof, (ii) a public utility or a reputable exchange or (iii) in the business of buying, selling, marketing, purchasing, transporting, storing or distributing electric energy, capacity, ancillary services, emissions credits, fuel (or other commodities related to the generation or sale of power from the Project), gypsum or coal ash and (b) solely to the extent that Liens under the Collateral Documents are intended to benefit such Person, that has (or whose obligations under the applicable Permitted Secured Commodity Hedge and Power Sale Agreement are guaranteed by an entity that has), at the time the applicable Permitted Secured Commodity Hedge and Power Sale Agreement is entered into, a Required Rating.
Commodity Hedge Counterparty means any Person that (a)(i) is a commercial bank, insurance company, investment fund or other similar financial institution or any
Commodity Hedge Counterparty means any Person (or any Person whose obligations under the applicable Permitted Commodity Hedge and Power Sale Agreement are guaranteed by a Person) (a) that is, as of the date of the applicable Permitted Commodity Hedge and Power Sale Agreement, (i) a commercial bank, insurance company or other similar financial institution or any Affiliate thereof, (ii) a public utility or the NYISO or a reputable exchange (e.g., InterContinental Exchange), or (iii) in the business of selling, marketing, purchasing, transporting, storing or distributing electric energy, capacity, ancillary services, fuel, oil, gas, or emissions credits, and (b) that has (or whose obligations under the applicable Permitted Commodity Hedge and Power Sale Agreement are guaranteed by an entity that has), at the time the applicable Permitted Commodity Hedge and Power Sale Agreement is entered into, a Required Rating.
Commodity Hedge Counterparty means any Person that (a)(i) is a commercial bank, insurance company, investment fund or other similar financial institution or any Affiliate thereof which is engaged in the business of entering into Commodity Hedge and Power Sale Agreements, (ii) is any industrial or utility company or other company that enters into commodity hedges in the ordinary course of its business, or (iii) is either a load- serving entity that has received an order from a local commission or a municipal or cooperative entity that has been granted a monopoly franchise territory for retail electric sales and, in either case, the right to recover costs of purchased power in rates, and (b) in the case of (i) and (ii) only, at the time the applicable Commodity Hedge and Power Sale Agreement is entered into, has a Required Rating.