Accredited Counterparty. Party A represents that it is an Accredited Counterparty within the meaning of section 3 of the Derivatives Act (Quebec). Party B represents that it is an Accredited Counterparty within the meaning of section 3 of the Derivatives Act (Quebec) since Party B is exposed to one or more risks attendant upon its activities, including supply, credit, exchange and environmental risks and the risk related to fluctuations in the price of an underlying interest and therefore seeks to hedge that risk by engaging in a derivatives transaction, or a series of derivatives transactions, where the underlying interest is the underlying interest directly associated with that risk or a related underlying interest.
Appears in 8 contracts
Samples: 2002 Master Agreement, 2002 Master Agreement, 2002 Master Agreement
