Energy Hedge Agreement definition

Energy Hedge Agreement means, with respect to any Person, any agreement relating to any swap, option, exchange, forward sale, forward purchase, index transaction, cap transaction, floor transaction, collar transaction or any other similar transaction, in each case, for purposes of hedging or capping against the price of energy (including capacity, energy and ancillary services).
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Energy Hedge Agreement means the ISDA Master Agreement and ISDA Credit Support Annex, each dated June 30, 2008, between Borrower and the Energy Hedge Provider and the schedules and confirmation entered into pursuant thereto.
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Energy Hedge Agreement has the meaning given in the recitals of this Guarantee.
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Examples of Energy Hedge Agreement in a sentence

  • Such Disposition would not result in a breach of the Holdings Operating Agreement, the Energy Hedge Agreement or any other Principal Project Documents, unless otherwise waived or consented to in writing by the applicable counterparty or counterparties thereto so as not to constitute a breach or default thereunder.

  • The “Effective Date” under the Energy Hedge Agreement shall have occurred, the “Termination Date” under the Energy Hedge Agreement shall be the same date as the Term Loan Maturity Date and the scheduled expiry of the Energy Hedge LC shall be no later than thirty five (35) days after the Term Loan Maturity Date.

  • Party A and Guarantor hereby waive any right to stay or dismiss any action or proceeding under or in connection with this Guarantee, the Energy Hedge Agreement or any Second Lien Collateral Document brought before the foregoing courts on the basis of forum non-conveniens.

  • The Company agrees that when it hires new Employees, the Company shall have such new Employees fill in the required Union Application for Membership cards prior to commencing work and mail same into the Union office.

  • In coordination with the Owner, providing information about the expected production and availability of the Wind Plant in accordance with the requirements of the Energy Hedge Agreement and the Interconnection Agreement, scheduling work performed by other contractors and scheduling power outages and maintenance shutdowns to reasonably minimize revenue loss.

  • Party A and Guarantor irrevocably consent to the service of process out of any of the aforementioned courts in any such action or proceeding by the mailing of copies thereof by registered or certified airmail, postage prepaid, to Party A or Guarantor, as the case may be, at their respective addresses for notices as specified herein or under the Energy Hedge Agreement and that such service shall be effective five (5) Banking Days after such mailing.

  • Notwithstanding anything to the contrary herein the Distributable Cash Account shall not be considered an “Account” under the Financing Documents, the Energy Hedge Agreement or the Collateral Documents and the Lenders, the Energy Hedge Provider and the Collateral Agent shall not be granted any security interest in or a lien on the Distributable Cash Account nor have any rights with respect thereto.

  • Subject to the terms and conditions contained in this Financing Agreement, LC Fronting Bank (following its appointment by Borrower and Administrative Agent and execution of a joinder agreement in form and reasonably substance satisfactory to Borrower and Administrative Agent) irrevocably agrees to issue the Energy Hedge LC for the account of Borrower and in favor of the Energy Hedge Provider as beneficiary pursuant to the Energy Hedge Agreement.

  • The Energy Hedge Agreement was executed on November 8, 2019, between The Empire District Electric Company and Neosho Ridge Wind, LLC.

  • Subject to the terms and conditions contained in this Agreement, LC Fronting Bank irrevocably agrees to issue, on the later of the Financial Closing Date and the Trade Date, the Energy Hedge LC for the account of Borrower and in favor of the Energy Hedge Provider as beneficiary pursuant to the Energy Hedge Agreement.


More Definitions of Energy Hedge Agreement

Energy Hedge Agreement means that certain ISDA 2002 Master Agreement between the Owner and the Xxxxxx Xxxxxxx Capital Group Inc., a Delaware corporation (including the Credit Support Annex and Power Annex thereto) dated as of December 12, 2013, together with the Amended and Restated Schedule, Amended and Restated Paragraph 13 to the Credit Support Annex and the Power Confirmation thereunder, each dated as of the date hereof (together with all exhibits, schedules and annexes thereto).
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Energy Hedge Agreement is defined in Schedule 1.
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Energy Hedge Agreement means, with respect to any Person, any agreement relating to any swap, option, exchange, forward sale, forward purchase, index transaction, cap transaction, floor transaction, collar transaction or any other similar transaction, in each case, for purposes of hedging or capping against the price of energy (including capacity, energy and ancillary services). “Euroclear” means Euroclear Bank, S.A./N.V., as operator of the Euroclear System, or any successor securities clearing agency. “Event of Default” has the meaning specified in Section 502. “Excess Additional Amounts” has the meaning specified in Section 1111(a). “Exchange Act” means the United States Securities Exchange Act of 1934, as amended. “Expiration Date” has the meaning specified in Section 104(g). “Fair Market Value” means, with respect to any asset or property, the price (after taking into account any liabilities relating to such assets) which could be negotiated in an arm’s-length free market transaction, for cash, between an informed and willing seller under no compulsion to sell and an informed and willing buyer under no compulsion to buy. The Fair Market Value of any such asset or property shall be approved by the Board of Directors of the 11
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Energy Hedge Agreement has the meaning specified in the preliminary statements hereto.
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Related to Energy Hedge Agreement

  • Interest Hedge Agreement means a Hedge Contract between the Borrower and one or more financial institutions providing for the exchange of nominal interest obligations between the Borrower and such financial institution or the cap of the interest rate on any Debt of the Borrower.

  • Guaranteed Hedge Agreement means any Swap Contract permitted under Article VII that is entered into by and between any Loan Party and any Hedge Bank.

  • Interest Rate Hedge Agreement any interest rate swap agreement, interest rate cap, collar or other arrangement between the Borrower and a Hedge Provider, consisting of a “Master Agreement” in a form published by the International Swaps and Derivatives Association, Inc., together with a “Schedule” thereto in substantially such form as the Program Agent shall have approved, each “Confirmation” thereunder confirming the terms of each transaction thereunder and any credit support annex and schedule thereto.

  • Secured Hedge Agreement means any Swap Contract permitted under Article VI or VII that is entered into by and between any Loan Party and any Hedge Bank.

  • Hedge Agreement means any interest rate, currency or commodity swap agreements, cap agreements, collar agreements, floor agreements, exchange agreements, forward contracts, option contracts or similar interest rate or currency or commodity hedging arrangements.

  • Designated Hedge Agreement means any Existing Hedge Agreement and any Hedge Agreement (other than a Commodities Hedge Agreement) to which a Borrower or any Subsidiary is a party and as to which, at the time such Hedge Agreement is entered into, a Lender or any of its Affiliates is a counterparty.

  • Specified Hedge Agreement any Hedge Agreement entered into by the Borrower or any Subsidiary Guarantor and any Qualified Counterparty.

  • Rate Hedging Agreement means an agreement, device or arrangement providing for payments which are related to fluctuations of interest rates, exchange rates or forward rates, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar protection agreements, forward rate currency or interest rate options, puts and warrants.

  • Commodity Hedging Agreement means any spot, forward, commodity swap, commodity cap, commodity floor or option commodity price protection agreements or other similar agreement or arrangement.

  • Hedge Agreements means interest rate swap, cap or collar agreements, interest rate future or option contracts, currency swap agreements, currency future or option contracts and other similar agreements.

  • Interest Rate Hedging Agreement means any interest rate protection agreement or other interest rate hedging arrangement.

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.

  • Other Hedging Agreement means any foreign exchange contracts, currency swap agreements, commodity agreements or other similar agreements or arrangements designed to protect against the fluctuations in currency or commodity values.

  • Secured Hedging Agreement means any Hedging Agreement that is entered into by and between the Borrower or any Restricted Subsidiary and any Hedge Bank.

  • Hedging Agreement means any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement.

  • Interest Rate Hedging Agreements means, with respect to any Person, the obligations of such Person under (i) interest rate swap agreements, interest rate cap agreements and interest rate collar agreements and (ii) other agreements or arrangements designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates.

  • Hedging Agreement Provider means any Person that enters into a Hedging Agreement with a Credit Party or any of its Subsidiaries that is permitted hereunder to the extent such Person is a (a) Lender, (b) an Affiliate of a Lender or (c) any other Person that was a Lender (or an Affiliate of a Lender) at the time it entered into the Hedging Agreement but has ceased to be a Lender (or whose Affiliate has ceased to be a Lender) under the Credit Agreement.

  • Hedging Contract means (a) any agreement providing for options, swaps, floors, caps, collars, forward sales or forward purchases involving interest rates, commodities or commodity prices, equities, currencies, bonds, or indexes based on any of the foregoing, (b) any option, futures or forward contract traded on an exchange, and (c) any other derivative agreement or other similar agreement or arrangement.

  • Hedging Agreements means, with respect to any Person, any agreement entered into to protect such Person against fluctuations in interest rates, or currency or raw materials values, including, without limitation, any interest rate swap, cap or collar agreement or similar arrangement between such Person and one or more counterparties, any foreign currency exchange agreement, currency protection agreements, commodity purchase or option agreements or other interest or exchange rate or commodity price hedging agreements.

  • Other Hedging Agreements means any foreign exchange contracts, currency swap agreements, commodity agreements or other similar arrangements, or arrangements designed to protect against fluctuations in currency values or commodity prices.

  • Permitted Hedging Agreement of any Person means any Hedging Agreement entered into with one or more financial institutions in the ordinary course of business that is designed to protect such Person against fluctuations in interest rates or currency exchange rates with respect to Indebtedness Incurred and not for purposes of speculation and which, in the case of an interest rate agreement, shall have a notional amount no greater than the principal amount at maturity due with respect to the Indebtedness being hedged thereby.

  • Specified Hedging Agreement means any Interest Rate/Currency Hedging Agreement entered into by the Borrower or any Subsidiary Guarantor and any Qualified Counterparty.

  • Hedging Arrangement means a hedge, call, swap, collar, floor, cap, option, forward sale or purchase or other contract or similar arrangement (including any obligations to purchase or sell any commodity or security at a future date for a specific price) which is entered into to reduce or eliminate or otherwise protect against the risk of fluctuations in prices or rates, including interest rates, foreign exchange rates, commodity prices and securities prices.

  • Swap Agreement means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Subsidiaries shall be a Swap Agreement.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.