Other Commodity Agreement definition

Other Commodity Agreement means an agreement (other than this Transaction) between the Parties to purchase, sell or exchange commodities, including any spot or forward contract, future, option, swap, swap option, cap, floor or collar or other derivative transaction on or with respect to a commodity or any combination of these transactions.
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Other Commodity Agreement means any agreement between the Parties on or with respect to a commodity other than a Transaction, including a spot or forward contract, option, swap, swap option, cap, floor or collar.
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Examples of Other Commodity Agreement in a sentence

  • The Parties hereto agree that any property in which a Party has been or will be granted a security interest (or comparable interest) to secure obligations owed to it by the other party (the “Other Party”) under this Agreement or an Other Commodity Agreement shall also secure the Other Party’s obligation to make payments under this Agreement and/or the Other Commodity Agreement, including without limitation, the payment of the Termination Payment and/or the Other Termination Payment.

  • Each Other Commodity Agreement and any credit support document related thereto are hereby amended as set forth in this Section 19.6.

  • The Performing Party may enforce any of its remedies under these General Terms, any Other Commodity Agreement or any Specified Agreement.

  • Either Party fails to make payment when due under any Transaction or Other Commodity Agreement within one Business Day following receipt of a demand for payment by the other Party.

  • If the Performing Party elects to designate an Early Termination Date under this Section 14.5, the Performing Party shall calculate, in accordance with the terms set forth in such Other Commodity Agreements and Specified Agreements, the amounts, whether positive or negative, due upon early termination under each Other Commodity Agreement and Specified Agreement and shall determine the aggregate sum of such amounts, whether positive or negative ("Other Agreement Termination Amount").

  • Either Party fails to provide acceptable security or assurances of its ability to perform in accordance with Section 7 or any Other Commodity Agreement or fails to deliver collateral under any Collateral Annex within one (1) Business Day following receipt of a demand therefore, or such other period as may be specified in the Transaction, Other Commodity Agreement or a Collateral Annex.

  • If a specific Other Commodity Agreement or Specified Agreement does not provide a method for determining what is owed upon early termination, then the amount due upon early termination shall be determined pursuant to Section 14.4 as if such Other Commodity Agreement or Specified Agreement were a Transaction.

  • If a specific Other Commodity Agreement or Specified Agreement does not provide a method for determining what is owed upon early termination, then the amount due upon early termination shall be determined pursuant to Section 14.3 as if such Other Commodity Agreement or Specified Agreement were a Transaction.

Related to Other Commodity Agreement

  • Commodity Agreement means any commodity futures contract, commodity swap, commodity option or other similar agreement or arrangement designed to protect against fluctuations in the price of commodities or to otherwise manage commodity prices or the risk of fluctuations in commodity prices.

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.

  • Commodity Hedging Agreement means any agreement for the making or taking of delivery of any commodity, any commodity swap agreement, floor, cap or collar agreement or commodity future or option or other similar agreement or arrangement, or any combination thereof, entered into by the applicable Person, primarily for the purpose of mitigating or eliminating exposure to fluctuations in commodity prices.

  • Commodity Account Control Agreement means a control agreement in a form that is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Commodity Account.

  • Commodity intermediary means a person that:

  • Commodity Price Protection Agreement means, in respect of a Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement designed to protect such Person against fluctuations in commodity prices.

  • Commodity Interests means commodity futures contracts, options on commodity futures contracts, and options on physical commodities traded on or subject to the rules of:

  • commodity derivatives means commodity derivatives as defined in Article 2(1)(30) of Regulation (EU) No 600/2014;

  • Commodity means any material, article, supply, goods, or equipment.

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodities Agreement means, in respect of a Person, any commodity futures contract, forward contract, option or similar agreement or arrangement (including derivative agreements or arrangements), as to which such Person is a party or beneficiary.

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Currency Agreements means in respect of a Person any spot or forward foreign exchange agreements and currency swap, currency option or other similar financial agreements or arrangements designed to protect such Person against or manage exposure to fluctuations in foreign currency exchange rates.

  • Commodity option means an account, agreement, or contract giving a party to the account, agreement, or contract the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but shall not include an option traded on a national securities exchange registered with the United States securities and exchange commission.

  • Currency Agreement means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement designed to protect the Company or any of its Restricted Subsidiaries against fluctuations in currency values.

  • Pledge Agreements means one or more pledge agreements, each in form and substance satisfactory to the Administrative Agent, executed and delivered by the Company and/or certain of its Subsidiaries pursuant to or in connection with transactions contemplated by this Agreement, as the same may be amended, supplemented or otherwise modified from time to time.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Hedge Agreement means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement.

  • Security Agreements means the U.S. Security Agreement and the Canadian Security Agreement.

  • Stock Pledge Agreements means those certain stock pledge agreements, in form and substance reasonably satisfactory to Lender, executed and delivered by Borrower to Lender, as the same may be amended or modified from time to time in accordance with its terms.

  • Specified Hedge Agreement any Hedge Agreement entered into by the Borrower or any Subsidiary Guarantor and any Qualified Counterparty.

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • Commodities means positions in Commodity Contracts, forward contracts, foreign exchange positions and traded physical commodities, as well as cash commodities resulting from any of the foregoing positions.