Examples of Commodity Swap Counterparty in a sentence
In case of any Event of Default relating to the Commodity Swap, the Trustee shall, upon the request of the Commodity Swap Counterparty (to the extent the Event of Default relates to a breach of a covenant by the Authority relating to the Commodity Swap), enforce the covenant against the Authority.
At the time of entering into a Commodity Swap, the Commodity Swap Counterparty shall be rated at least [AA-] by S&P and [AA-] by Fitch.
The provisions of paragraphs (b) and (c) of this Section may be amended with the consent of the Commodity Swap Counterparty, and without the consent of any Owners.
The Authority shall not enter into any agreement or take any other action the result of which is to impair the rights, interests or security of the Owners, the Commodity Swap Counterparty, the Customer Insurance Provider or the Trustee provided hereunder or under the Commodity Swap, as applicable, or to adversely affect the pledge or the priority of the pledge of Trust Estate hereunder or thereunder.
In connection with the Gas Supply the Authority shall enter into the initial Commodity Swap with the Commodity Swap Counterparty.
This effort allowed the Subcommittee to answer the second question, and culminated in six priorities: Priority 1: The widespread adoption of coordinated disclosure programs.
A reduction in the long-term senior, unsecured, unenhanced debt rating of the Commodity Swap Counterparty to below “A2” by Moody’s or below “A” by Fitch (unless, within sixty (60) days of the rating downgrade, the Gas Supplier obtains a substantially similar replacement agreement with a Replacement Commodity Swap Counterparty (as defined in Appendix B) reasonably acceptable to Authority and Gas Supplier).
For each calendar month beginning with, 2009, and ending with , 20 , the Commodity Swap Counterparty will determine the difference between the published monthly Gas index price and a fixed price or multiple fixed prices set forth in the confirmation evidencing the Commodity Swap.
If a monthly Gas index price exceeds the fixed price or prices, the Authority will owe the difference to the Commodity Swap Counterparty.
Aron & Company 200 West StreetNew York, NY 10282-2198 Goldman Sachs & Company 200 West StreetNew York, NY 10282 Bank of New York Mellon Trust Company, N.A.Birmingham, Alabama [Commodity Swap Counterparty] Re: Gas Supply Agreement Between [Project Participant] and Central Plains Energy Project dated , 2018 Ladies and Gentlemen: We are Counsel to [Project Participant] ("Gas Purchaser").