Energy Hedge Provider definition

Energy Hedge Provider means Constellation Energy Commodities Group, Inc.
Sample 1Sample 2Sample 3
Energy Hedge Provider has the meaning set forth in the Holding Company LLC Agreement.
Sample 1Sample 2
Energy Hedge Provider has the meaning specified in the preliminary statements hereto.
Sample 1

Examples of Energy Hedge Provider in a sentence

  • Administrative Agent acknowledges that Borrower has advised that it intends to amend the Energy Hedge, subject to the terms and conditions of this Financing Agreement, to permit the creation of a Lien in favor of the Energy Hedge Provider (the “Energy Hedge Lien”), and Administrative Agent agrees that, upon request from Borrower, it will in good faith review and negotiate documents to be executed in connection therewith in a prompt and reasonable manner.

  • The Energy Hedge Provider shall have entered into such amendments, modifications or restatements with respect to the Hedge Agreement and all agreements or documents related thereto, including any deed of trust, mortgage, security agreement, pledge agreement, intercreditor agreement, collateral agency agreement and other related document(s) with the Project Company in connection with the Hedge Agreement as shall be reasonably satisfactory to Buyer.

  • Each of the parties hereto hereby acknowledges and agrees that the grant of the Liens pursuant to the Collateral Documents creates a First Lien securing the payment and performance of the Lender Obligations and the Energy Hedge Provider Obligations, which Liens are secured on a pari passu basis.

  • Collateral Agency and Designated Account Control Agreement Collateral Agency and Designated Account Control Agreement, dated as of the Execution Date, by and among the Project Company, Tenaska Power Services Co., MUFG Union Bank, N.A., as Depositary Bank (as defined therein) and collateral agent for the benefit of the Secured Parties (as defined therein), the Energy Hedge Provider and the Collateral Agent.

  • For the avoidance of doubt, nothing in this Section 5.02 shall be construed as permitting the Energy Hedge Provider to independently seek to realize upon, or otherwise exercise rights and remedies with respect to, the Collateral in contravention of the other provisions of this Agreement.

  • The Parties shall have received (i) the “Consent of the Members” (as defined in the Holdings LLC Agreement) under the Holdings LLC Agreement to the AMBOSA Amendments, the OSA Amendments, and the TSA Amendments, (ii) a waiver by the Class A Members of the requirements for the delivery of the instrument described in Section 9.3(a)(ii) of the Holdings LLC Agreement, and (iii) the consent of the Energy Hedge Provider under the Energy Xxxxxx to the AMBOSA Amendments, the OSA Amendments, and the TSA Amendments.

  • The Administrative Agent shall also act as the “collateral agent” under the Loan Documents, and the Energy Hedge Provider, as a Secured Party, hereby appoints and authorizes the Administrative Agent to act as its agent for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental thereto.

  • Any amounts received by the other Secured Parties in violation of sub-clause (y) in the immediately preceding sentence shall be subject to pari passu sharing with the Energy Hedge Provider pursuant to the foregoing priorities of distribution set forth in this Section 5.01.

  • 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.

  • The Energy Hedge Provider hereby appoints Icahn Agency Services LLC to act on its behalf as the Administrative Agent under the Credit Agreement and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms thereof, together with such actions and powers as are reasonably incidental thereto.


More Definitions of Energy Hedge Provider

Energy Hedge Provider has the meaning given in the Recitals to this Agreement.
Sample 1
Energy Hedge Provider means Credit Suisse Energy LLC, and its successors and assigns under the Energy Hedge Agreement.
Sample 1
Energy Hedge Provider means Citigroup Energy Inc., a Delaware corporation, and its successors and assigns under the Energy Hedge Agreement.
Sample 1

Related to Energy Hedge Provider

  • Hedge Provider means Xxxxx Fargo or any of its Affiliates.

  • Lender-Related Hedge Provider means any Person that, at the time it enters into a Hedging Transaction with any Loan Party, (i) is a Lender or an Affiliate of a Lender and (ii) except when the Lender-Related Hedge Provider is SunTrust Bank or any of its Affiliates, has provided prior written notice to the Administrative Agent which has been acknowledged by the Borrower of (x) the existence of such Hedging Transaction and (y) the methodology to be used by such parties in determining the obligations under such Hedging Transaction from time to time. In no event shall any Lender-Related Hedge Provider acting in such capacity be deemed a Lender for purposes hereof to the extent of and as to Hedging Obligations except that each reference to the term “Lender” in Article IX and Section 10.3(b) shall be deemed to include such Lender-Related Hedge Provider. In no event shall the approval of any such Person in its capacity as Lender-Related Hedge Provider be required in connection with the release or termination of any security interest or Lien of the Administrative Agent.

  • 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.

  • Hedging Agreement Provider means any Person that enters into a Secured Hedging Agreement with a Credit Party or any of its Subsidiaries that is permitted by Section 6.1(d) to the extent such Person is a Lender, an Affiliate of a Lender or any other Person that was a Lender (or an Affiliate of a Lender) at the time it entered into the Secured Hedging Agreement but has ceased to be a Lender (or whose Affiliate has ceased to be a Lender) under the Credit Agreement.

  • 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.

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

  • Commodity Hedging Agreement means any agreement with respect to a commodity swap or other agreement regarding the hedging of commodity purchase and sale exposure executed in connection with hedging the commodity purchase and sale exposure of the Borrower and its Subsidiaries, and any confirming letter executed pursuant to such commodity hedging agreement, all as amended, restated or otherwise modified.

  • Interest Hedge Agreement means an interest rate protection agreement that may be entered into between the Borrower and an Interest Hedge Counterparty on or after the Closing Date, for the sole purpose of hedging interest rate risk between the portfolio of Collateral Loans and the Loans, as amended from time to time in accordance with the terms thereof, with respect to which the Rating Condition is satisfied.

  • 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.

  • 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 means an interest rate exchange, collar, cap, swap, floor, adjustable strike cap, adjustable strike corridor, cross-currency swap or similar agreements entered into by any Loan Party in order to provide protection to, or minimize the impact upon, such Loan Party of increasing floating rates of interest applicable to Indebtedness.

  • 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.

  • Lender-Provided Interest Rate Hedge means an Interest Rate Hedge which is provided by any Lender and with respect to which such Xxxxxx confirms to Agent in writing prior to the execution thereof that it: (a) is documented in a standard International Swap Dealers Association, Inc. Master Agreement or another reasonable and customary manner; (b) provides for the method of calculating the reimbursable amount of the provider’s credit exposure in a reasonable and customary manner; and (c) is entered into for hedging (rather than speculative) purposes. The liabilities owing to the provider of any Lender-Provided Interest Rate Hedge (the “Interest Rate Hedge Liabilities”) by any Borrower, Guarantor, or any of their respective Subsidiaries that is party to such Lender-Provided Interest Rate Hedge shall, for purposes of this Agreement and all Other Documents be “Obligations” of such Person and of each other Borrower and Guarantor, be guaranteed obligations under any Guaranty and secured obligations under any Guarantor Security Agreement, as applicable, and otherwise treated as Obligations for purposes of the Other Documents, except to the extent constituting Excluded Hedge Liabilities of such Person. The Liens securing the Interest Rate Hedge Liabilities shall be pari passu with the Liens securing all other Obligations under this Agreement and the Other Documents, subject to the express provisions of Section 11.5.

  • Forward Hedge Price means, for any Forward Contract, the product of (x) an amount equal to one (1) minus the Forward Hedge Selling Commission Rate for such Forward Contract; and (y) the Volume-Weighted Hedge Price.

  • Hedging Provider any Person that has entered into a Hedging Agreement with a Grantor with the obligations of such Grantor thereunder being secured by one or more Loan Documents, as designated by the Borrower in accordance with Section 8.4 hereof (provided that no Person shall, with respect to any Hedging Agreement, be at any time a Hedging Provider with respect to more than one Credit Facility).

  • Hedging Counterparty means HSBC Bank plc or any Affiliate of HSBC Bank plc or any other party

  • Designated Hedge Agreement means any Hedge Agreement (other than a Commodities Hedge Agreement) to which the 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.

  • Cap Provider means the third-party financial institution approved by Lender that is the counterparty under any Cap Agreement or Replacement Cap Agreement.

  • 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 values.

  • Designated Hedge Creditor means each Person that participates as a counterparty to any Designated Hedge 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.

  • Secured Hedging Agreement means any Hedging Agreement between a Credit Party and a Hedging Agreement Provider, as amended, restated, amended and restated, modified, supplemented or extended from time to time.

  • 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 Counterparty means a Lender, the Administrative Agent or any of the Lender’s or the Administrative Agent’s affiliates (at the time a hedging agreement is entered into) who has entered into a hedging agreement for the purpose of hedging interest rate liabilities and/or any exchange rate and/or commodity price risks provided it has become a party, or by execution of an additional bank secured party acknowledgment has agreed to be bound by the terms of, to the First Lien Intercreditor Agreement in its capacity as hedge counterparty.

  • Eligible Counterparty means an “Eligible Counterparty” for the purposes of the Law.

  • Swap Administration Agreement As defined in Section 4.08(b).