Hedging Strategies. (1) Seller shall hedge all Purchased Assets in accordance with the Hedging Strategy. Seller shall not make any material change to its Hedging Strategy without the prior written consent of Buyer, which shall be deemed given if written notice to the contrary, including the reason(s) therefor, is not received by Seller within five (5) Business Days following Seller’s written notice to Buyer, confirmed via telephone, of any such change, and Seller shall review the Hedging Strategy periodically to confirm that they are being complied with in all material respects and are adequate to meet Seller’s business objectives. (2) In the event Seller makes any amendment or modification to the Hedging Strategy, Seller shall within 30 days of such amendment or modification deliver to Buyer a complete copy of the amended or modified Hedging Strategy. Additionally, Buyer may in its reasonable discretion request a current copy of its Hedging Strategy at any time.
Hedging Strategies. The Administrative Agent shall have reviewed and be reasonably satisfied with the terms and provisions of, and arrangements relating to the Borrower's hedging strategies with respect to commodity prices.
Hedging Strategies. Forward transactions form the basis of hedging (risk protection) strategies. Companies can use forward contracts to protect against unexpected market movements, making financial outcomes predictable and limiting potential losses.
