Risk Management Agreements. The Borrower shall not, and shall not suffer or permit any other Obligor to, enter into any Risk Management Agreement other than a Permitted Risk Management Agreement.
Risk Management Agreements. The Borrower shall not, and shall not suffer or permit any other Subject Entity to, enter into any Risk Management Agreement for speculative purposes, with any counterparty on a margined or secured basis (other than a Secured Risk Management Agreement which, for certainty, shall be permitted), which is not settled at the original maturity date thereof or which constitutes a Restricted Forward Sale Transaction.
Risk Management Agreements. Schedule 7.21 sets forth, as of the Effective Date, a true and complete list of all Risk Management Agreements (including commodity price swap agreements, forward agreements or contracts of sale which provide for prepayment for deferred shipment or delivery of oil, gas or other commodities) of the Company and its Restricted Subsidiaries, the material terms thereof (including the type, term, effective date, termination date and notional amounts or volumes), the net xxxx to market value thereof, all credit support agreements relating thereto (including any margin required or supplied), and the counterparty to each such agreement.
Risk Management Agreements. The Borrowers shall not, and shall not suffer or permit any other Company to, enter into any Risk Management Agreement (x) for speculative purposes, (y) that requires the posting of any Cash as collateral security thereof other than as permitted pursuant to paragraph (m) of the definition of “Permitted Liens”, or (z) that contains any delivery obligations or contingent delivery obligations for a particular metal for any particular Fiscal Quarter that together with any delivery obligations for such metal under any other Risk Management Agreements for such Fiscal Quarter exceed 60% of the forecast productions of the Parent on a consolidated basis for such metal during such Fiscal Quarter. The Borrowers shall not, and shall not suffer or permit any other Company to, enter any Risk Management Agreement with a Person that is not a Lender other than Non-Syndicate Risk Management Agreements. The Borrower shall cause Non-Syndicated Risk Management Agreements referred to in clause (x) of the definition thereof to be forthwith terminated once all of the transactions referred to in said clause (x) have been completed.
Risk Management Agreements. The Company will not, and will not permit any of its Restricted Subsidiaries to, incur any obligations under Risk Management Agreements, except that the Company may incur such obligations either with investment grade counterparties or as disclosed in Schedule 7.21; provided Risk Management Agreement relating to commodity prices shall not cover more than (i) 80% of the Company's and its Restricted Subsidiaries' applicable production estimates from their Oil and Gas Properties for the 24 month period measured as of the end of each fiscal quarter of the Company and its Consolidated Subsidiaries, (ii) 65% of the Company's and its Restricted Subsidiaries' applicable production estimates from their Oil and Gas Properties for the period commencing at the end of such 24-month period and ending on the date which is 36 months after the date of determination, and (iii) 50% of the Company's and its Restricted Subsidiaries' applicable production estimates from their Oil and Gas Properties for the period thereafter.
Risk Management Agreements. No Borrower is a party to any Risk Management Agreement, except as listed on Schedule 3.35.
Risk Management Agreements. No Obligor shall be a party to any Risk Management Agreement, other than with an entity approved by Lender except as listed on Schedule 3.35 or as may be expressly required by a provision of this Agreement.
Risk Management Agreements. No Borrower is a party to any -------------------------- Risk Management Agreement, except as listed on Schedule 3.35. -------------
Risk Management Agreements. No Obligor shall be a party to -------------------------- any Risk Management Agreement, other than with an entity approved by Lender, except as listed on Schedule 3.35 or as may be expressly required by a provision ------------- of this Agreement.
Risk Management Agreements. OEI will not, and will not permit any of its Restricted Subsidiaries to, incur any obligations under Risk Management Agreements, except for obligations either with investment grade counterparties or as disclosed in Schedule 7.21; provided Risk Management Agreement relating to commodity prices shall not cover more than (i) 80% of OEI's and its Restricted Subsidiaries' applicable production estimates from their Oil and Gas Properties for the 24 month period measured as of the end of each fiscal quarter of OEI and its Consolidated Subsidiaries, (ii) 65% of OEI's and its Restricted Subsidiaries' applicable production estimates from their Oil and Gas Properties for the period commencing at the end of such 24-month period and ending on the date which is 36 months after the date of determination, and (iii) 50% of OEI's and its Restricted Subsidiaries' applicable production estimates from their Oil and Gas Properties for the period thereafter.
