Commodity Swap definition

Commodity Swap means an agreement entered into between a Person and a counterparty on a case by case basis, the purpose and effect of which is to mitigate or eliminate such Person’s exposure to fluctuations in commodity prices, whether physically or financially settled;
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Commodity Swap means a lending arrangement in which repayment is in a commodity or is based on a commodity price;
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Commodity Swap means any commodity swap, commodity option or commodity forward contract (including any option to enter into any of the foregoing).
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Examples of Commodity Swap in a sentence

  • Bloomberg is not affiliated with Xtrackers, and Bloomberg does not approve, endorse, review, or recommend Xtrackers Bloomberg Commodity Swap UCITS ETF.

  • Commodity Swap AgreementsThe Company has entered into commodity swap agreements to reduce price risk associated with anticipated purchases of diesel fuel.

  • The rights of unitholders who acquired units origi- nally named “Dow Jones-AIG CommoditySM Swap EX”, “iShares Dow Jones-AIG Commodity Swap (DE)” or “iShares Dow Jones-UBS Commodity Swap UCITS ETF (DE)” remain unaffected.

  • The Borrower will not enter into or maintain any Exchange Rate Swap Contract, Interest Rate Swap Contract, Commodity Swap Contract and any other derivative agreement or other similar agreement or arrangements (collectively, the “Hedging Agreements”).

  • End-user-to-end-user Energy Commodity Swaps are not always executed electronically, nor are they always verified electronically, nor are the non-financial entity’s recordkeeping and reporting systems similar to those that a financial entity might maintain.20 If two non-financial entity counterparties execute an Energy Commodity Swap and both claim the end-user exception, one of the two will act as reporting party for the swap.


More Definitions of Commodity Swap

Commodity Swap means the swap of the Fixed Amount and the Floating Amount for a period of time limited by the duration of the Calculation Period, whose level depends on changes in the price of the Commodity concerned during an agreed period in the future. One of the parties agrees to pay the other party a predetermined, fixed price for the Commodity (the Fixed Amount) in exchange for receiving payments from the other party based on the market price of the Commodity concerned (the Floating Amount).
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Commodity Swap means (a) any and all commodity swaps, commodity options, forward commodity contracts, commodity cap, floor or collar transactions, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement relating to any of the kinds of transactions in the preceding clause (a) (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.
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Commodity Swap. A transaction in which one party pays periodic amounts of a given currency based on a fixed price and the other party pays periodic amounts of the same currency based on the price of a commodity, such as natural gas or gold, or a futures contract on a commodity (e.g., West Texas Intermediate Light Sweet Crude Oil on the New York Mercantile Exchange); all calculations are based on a notional quantity of the commodity. Credit Default Swap Option. A transaction in which one party grants to the other party (in consideration for a premium payment) the right, but not the obligation, to enter into a Credit Default Swap.
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Commodity Swap has the meaning set forth in the Indenture.
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Commodity Swap means (i) the ISDA Master Agreement dated as of
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Commodity Swap means an agreement entered into between the Borrower and a counterparty on a case by case basis, the purpose and effect of which is to mitigate or eliminate the Borrower's exposure to fluctuations in commodity prices;
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Commodity Swap. A transaction in which one party pays periodic amounts of a given currency based on a fixed price and the other party pays periodic amounts of the same currency based on the price of a commodity, such as natural gas or gold, or a futures contract on a commodity (e.g., West Texas Intermediate Light Sweet Crude Oil on the New York Mercantile Exchange); all calculations are based on a notional quantity of the commodity. Contingent Credit Default Swap. A Credit Default Swap Transaction under which the calculation amounts applicable to one or both parties may vary over time by reference to the mark-to-market value of a hypothetical swap transaction. Credit Default Swap Option. A transaction in which one party grants to the other party (in consideration for a premium payment) the right, but not the obligation, to enter into a Credit Default Swap.
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