Examples of Commodity Hedge Agreement in a sentence
Enter into any Commodity Hedge Agreement, whether with an Approved Hedge Counterparty or another Person, other than the Minimum Required Commodity Hedge Agreements or liquidate or terminate any of Minimum Required Commodity Hedge Agreements.
The Borrower shall provide to the Agent, from time to time, upon the request of the Agent (acting reasonably), a detailed report describing the terms and provisions of each Currency Hedge Agreement, Commodity Hedge Agreement and Interest Rate Hedge Agreement entered into by the Borrower or a Material Subsidiary with any Hedge Provider.
Enter into or maintain in effect any Commodity Hedge Agreement containing any provision obligating the relevant Borrower to provide to the relevant Approved Hedge Counterparty any collateral, margin, letter of credit or any other form of security or credit support for the obligations, contingent or otherwise, of the relevant Borrower thereunder without the approval of the Agent.
There are no security instruments or other collateral arrangements, guaranties, letters of credit or bonds required to be outstanding in order to support any Borrower Entity’s obligations under any Project Document (other than the Initial Secured Commodity Hedge Agreement) on the Closing Date except as specified on Schedule 4.24.
Enter into or maintain in effect any Commodity Hedge Agreement containing any provision obligating the relevant Borrower to provide to the relevant Approved Hedge Counterparty any collateral, margin, letter of credit or any other form of security or credit support for the obligations, contingent or otherwise, of the relevant Borrower thereunder.