Commodity Agreements definition

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 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 Agreements means commodity agreements, hedging agreements and other similar agreements or arrangements designed to protect against price fluctuations of commodities (e.g., fuel) used in the business of the U.S. Borrower and its Subsidiaries.

Examples of Commodity Agreements in a sentence

• International Economic Institutions and Regional Economic Groups : IMF, World Bank, MIGA, UNCTAD and WTO; ATC, GSP and International Commodity Agreements - Forms and their Functioning: Multilateralism Vs. Regionalism; EU, NAFTA, ASEAN, SAFTA and other Regional Economic Groupings.

• ENA is permitted to administer, utilize and economically profit from the Transportation Contracts in any lawful manner it determines, and for its own benefit and account, all without interference from or liability or duties owed to Customer and its successors and assigns; provided that the foregoing shall not limit ENA's obligations to Customer under any Commodity Agreement and shall not entitle ENA to fail to perform any obligation relating to the Commodity Agreements.

• No Obligor Party shall enter into or become a party to any Hedge Agreement without the written consent of the Administrative Agent except, in the case of any Loan Party, (a) Interest Rate Hedge Agreements not for speculative purposes, (b) Commodity Hedge and Power Sales Agreements that constitute Permitted Commodity Agreements, and (c) Permitted Energy Management Agreements.

• The occurrence of an Early Termination Date or an Event of Default as described in Section 14.1(h) and f shall constitute a material breach and an event of default, howsoever described, under all Other Commodity Agreements and Specified Agreements.

• 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").

More Definitions of Commodity Agreements

Commodity Agreements means any commodity futures contract, commodity option or other similar agreement or arrangement entered into by the Company or any Restricted Subsidiary of the Company designed to protect the Company or any of its Restricted Subsidiaries against fluctuations in the price of the commodities at the time used in the ordinary course of business of the Company or any of its Restricted Subsidiaries.

Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement and designed to protect such Person against fluctuation in commodity prices.

Commodity Agreements means, in respect of any Person, any futures contract, forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons purchased, used, produced, processed or sold by such Person and designed to protect such Person against fluctuations in Hydrocarbon prices.

Commodity Agreements means, with respect to any Person, any futures contract, forward contract, commodity swap agreement, commodity option agreement, hedging agreements and other agreements or arrangements or any combination thereof entered into by such Person in respect of Hydrocarbons purchased, used, produced, processed or sold by such Person or its Subsidiaries that are customary in the Crude Oil and Natural Gas Business and that are designed to manage the risks of Hydrocarbon price fluctuations.

Commodity Agreements means any commodity futures contract, commodity option or other similar agreement or arrangement entered into by the Company or any of its Restricted Subsidiaries designed to protect the Company or any of its Restricted Subsidiaries against fluctuations in the price of commodities actually at that time used in the ordinary course of business of the Company or its Restricted Subsidiaries.

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 Energy Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

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