Commodity Swap Contracts definition

Commodity Swap Contracts has the meaning attributed thereto in Section 9.2(i);

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Commodity Swap Contracts has the meaning attributed to it in Section 10.1(o).

Commodity Swap Contracts has the meaning set out in Section 12.2(i)(i).

Examples of Commodity Swap Contracts in a sentence

Notwithstanding the foregoing, the Borrower will not permit PROP to enter into any Commodity Swap Contracts.
In the event of an Acquisition of Proved Reserves that results in an increase to the Borrowing Base Limit under Section 8.4, then the limits on the aggregate amounts hedged under all Commodity Swap Contracts set out in Subsection 12.2(i)(i) will be based on the average projected daily oil and natural gas production of the Borrower and Material Subsidiaries after such Acquisition.
In the event of a Disposition of Borrowing Base Properties that results in an adjustment to the Borrowing Base Limit under Section 8.3, then the limits on the aggregate amounts hedged under all Commodity Swap Contracts set out in Subsection 12.2(i)(i) will be based on the average projected daily oil and natural gas production of the Borrower and Material Subsidiaries after such Disposition.
In the event of an Acquisition of Proved Reserves that results in an increase to the Borrowing Base Limit under Section 7.4, then the limits on the aggregate amounts hedged under all Commodity Swap Contracts set out in paragraphs A and B of Subsection 11.2(i)(i) will be based on the average projected daily oil and natural gas production of the Borrower and Material Subsidiaries after such Acquisition.

Commodity Swap Contracts has the meaning attributed to it in Section 14.3(d).