Risk Management Policies. During the term of this Agreement, EOTT MLP will maintain in effect the Risk Management Policies and adhere to and conduct its risk management activities, and cause the other Debtors to adhere to and conduct their respective risk management activities, in accordance with such policies. The Borrower Representative shall provide written notice to the LC Agent of any changes to the Risk Management Policies that the EOTT Energy board of directors adopts promptly upon the EOTT Energy board of directors' action thereon, and in no event more than 30 days after approval by the EOTT Energy board of directors of such changes.
Risk Management Policies. Copies of any risk management policies and procedures of the Borrower and any amendments or other modifications thereto.
Risk Management Policies. Maintain Hedging Arrangements in accordance with its written risk management policies that are designed to reduce changes in the value of its assets, including the Collateral, and other interest rate risks caused by interest rate fluctuations, such Hedging Arrangements and other policies to be in form and substance acceptable to the Administrative Agreement, and furnish a copy of any modifications thereto or renewals thereof to the Administrative Agent.
Risk Management Policies. During the term of this Agreement, EOTT LLC will maintain in effect the Risk Management Policies and adhere to and conduct its risk management activities, and cause the other Credit Parties to adhere to and conduct their respective risk management activities, in accordance with such policies. The Borrower Representative shall provide written notice to the LC Agent of any changes to the Risk Management Policies that the EOTT LLC board of managers adopts promptly upon the EOTT LLC board of directors' action thereon, and in no event more than 30 days after approval by the EOTT LLC board of directors of such changes.
Risk Management Policies. The parties shall each comply with the underwriting and risk management policies, procedures and practices for the Program, including policies, procedures and practices for Account origination, Transaction authorization, credit line assignment and management (including line increases and decreases and over-limit decisions), Account closures and charge-offs, and collections, all of which shall comply with Applicable Law (collectively, “Risk Management Policies”). The parties’ agreements concerning (i) the governance, change and review of the Program Risk Management Policies and (ii) Fraud management are set forth in Schedule 4.5. Section 4.6.
Risk Management Policies. The Borrower shall have provided the Agent with copies of risk management policies and programs acceptable to the Agent in its sole discretion regarding the procurement of corn and for ethanol, DDGS and WDGS marketing. In the case of ethanol marketing, the Borrower shall have provided the Agent with copies of marketing agreements pursuant to which the Borrower shall have retained professional organizations experienced in the marketing of ethanol acceptable to the Agent.”
Risk Management Policies. The Charter School must have adopted a resolution or policy/policy handbook with administrative rules and regulations in regards to risk management and safety.
Risk Management Policies. Section 7.15 of the Loan Agreement is hereby amended to read as follows:
Risk Management Policies. Except as otherwise set forth in the Agreement, the initial Risk Management Policies shall be (****), provided that, notwithstanding anything to the contrary in such Bank risk management policies, (****) shall include the policies set forth below under “Account Origination”, “Account Management” and “Additional Purchases/Ongoing Account Management” and (****) set forth below under (****).
Risk Management Policies. The Borrower shall, and shall cause the Mexican Sub to, maintain and comply with risk management policies relating to the credit risk incurred from time to time with respect to all contractual counterparties, including debtors under accounts receivable and risk of commodity price and currency fluctuations, such policies to be consistent with those currently in effect, subject to reasonable changes which do not materially increase the risks of the Borrower’s business and are approved from time to time by the Board of Directors of the Borrower.
