Commodity Swap Agreement definition

Commodity Swap Agreement any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, commodities.

Commodity Swap Agreement means, with respect to any Person, any physical or financial transaction for the forward or future purchase or sale of gas, gas transportation, coal, coal transportation, electric energy, electric capacity, electric transmission or related products to or under which such Person is a party or a beneficiary on the Closing Date or becomes a party or a beneficiary thereafter, in each case to the extent such transaction is entered into for operations or hedging purposes.

Commodity Swap Agreement means any Swap Agreement involving or settled by reference to one or more commodities.

Examples of Commodity Swap Agreement in a sentence

• In order to have its gas price exposure consistent with prevailing market rates, the Authority entered into a natural gas Commodity Swap Agreement with JPMorgan Chase Bank (Counterparty).

• Each Long Term Series C Letter of Credit shall be issued for the purpose of serving as collateral pursuant to the Master Commodity Swap Agreement dated as of September 26, 1991 between the Company and X.

• Each Short Term Series C Letter of Credit shall be issued for the purpose of serving as collateral pursuant to the Master Commodity Swap Agreement dated as of September 26, 1991 between the Company and X.

• The Trust and the Bank of America, N.A. (“BOA”) shall amend the Commodity Swap Agreement to reflect the reduced volume of 55 mm MMBtu of Natural Gas to be owned by the Trust.

• The index price paid by the Authority is expected to approximate the price paid by the City under the Supply Agreement.The monthly quantity and term of the Commodity Swap Agreement are matched to those of the Supply Agreement.

More Definitions of Commodity Swap Agreement

Commodity Swap Agreement means any contract for sale for future delivery of commodities (whether or not the subject commodities are to be delivered), hedging contract, forward contract, swap agreement, futures contract or other commodity pricing protection agreement or option with respect to any such transaction, designed to hedge against fluctuations in prices of the subject commodities.

Commodity Swap Agreement means any Hedge Agreement involving or settled by reference to one or more commodities.

Commodity Swap Agreement means any contract for sale, purchase or exchange or for future delivery of commodities (whether or not the subject commodities are to be delivered, and whether a “put” or a “call”), hedging contract, forward contract, swap agreement, futures contract, option contract, cap or collar agreement or other commodity pricing protection agreement or option with respect to any such transaction (or any combination of the foregoing, or any derivative thereof), designed to hedge against fluctuations in prices of the subject commodities.

Commodity Swap Agreement means any commodity swap agreement or other similar agreement or arrangement.

Commodity Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving or related to the conduct of the Borrower’s operations, or settled by reference to one or more metal commodities, energy commodities, interest rate derivatives, or foreign currency arrangements, in each case, entered in the ordinary course of business consistent with past practice and not for any speculative purposes. “Communications” has the meaning assigned to such term in Section 9.01(d). “Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. “Consolidated Adjusted EBITDA” means, for any period, Net Income for such period plus, the sum, without duplication, during such period of: (i) Net Interest Expense (Income); (ii) plus income tax expense as recorded in Holdings’ statement of consolidated operations; (iii) plus all amounts attributable to depreciation and amortization expense; (iv)

Commodity Swap Agreement means any Hedge Agreement involving or settled by reference to one or more commodities. “Compliance Certificate” means a certificate substantially in the form of Exhibit C-1 to this Agreement delivered by the chief financial

Commodity Swap Agreement means any Swap Agreement involving or settled by reference to one or more commodities. “Company” means Kaiser Aluminum Corporation, a Delaware corporation.