Existing Hedges definition

Existing Hedges means each “Derivative Transaction” the obligations under which constitute “Secured Hedging Obligations” (each under and as defined in the Prepetition Credit Agreement) and that was entered into pursuant to the Existing ISDA.
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Existing Hedges means the Hedges entered into by Grantor with respect to the Subject Minerals prior to the date hereof.
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Existing Hedges means the Hedges entered into by Grantor and described on Exhibit C.
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Examples of Existing Hedges in a sentence

  • Grantor shall not enter into any Hedges (other than the Existing Hedges) with respect to the Subject Hydrocarbons from and after the Effective Time or modify or terminate the Existing Hedges.

  • Henry Hub Natural Gas + $1/MMBtu - $1/MMBtu NI-Hub ATC Energy Price +$5/MWH -$5/MWH PJM-W ATC Energy Price +$5/MWH -$5/MWH Nuclear Capacity Factor +1% / -1% 2011 $5 $(5) $5 $(5) $5 $(5) +/- $25 2012 $85 $(35) $95 $(75) $55 $(55) +/- $45 2013 $340 $(290) $250 $(245) $155 $(150) +/- $50 Exelon Generation Gross Margin Sensitivities (with Existing Hedges) (1) Based on June 30, 2011 market conditions and hedged position.

  • Henry Hub Natural Gas + $1/MMBtu - $1/MMBtu NI-Hub ATC Energy Price +$5/MWH -$5/MWH PJM-W ATC Energy Price +$5/MWH -$5/MWH Nuclear Capacity Factor +1% / -1% 2011 $5 $(5) $30 $(20) $15 $(10) +/- $40 2012 $175 $(95) $185 $(165) $115 $(110) +/- $45 2013 $495 $(445) $340 $(335) $200 $(195) +/- $50 Exelon Generation Gross Margin Sensitivities (with Existing Hedges) (1) Based on December 31, 2010 market conditions and hedged position.

  • Henry Hub Natural Gas + $1/MMBtu - $1/MMBtu NI-Hub ATC Energy Price +$5/MWH -$5/MWH PJM-W ATC Energy Price +$5/MWH -$5/MWH Nuclear Capacity Factor +1% / -1% 2010 $20 $(15) $10 $(5) $5 $ - +/- $25 2011 $100 $(90) $75 $(65) $30 $(25) +/- $45 2012 $260 $(245) $220 $(210) $130 $(125) +/- $45 Exelon Generation Gross Margin Sensitivities (with Existing Hedges) (1) Based on June 30, 2010 market conditions and hedged position.

  • CLARK COUNTY FIRE DEPARTMENT ORGANIZATIONAL CHART 1-1CONTACT LIST EXPLORER CLASS CONTACT LIST 2-1TERMS AND TITLESTERMS AND TITLES Benchmark: A benchmark is a point of reference that measures the quality, value, or competence of an explorer’s proficiency in a skill against a standard.

  • Henry Hub Natural Gas + $1/MMBtu - $1/MMBtu NI-Hub ATC Energy Price +$5/MWH -$5/MWH PJM-W ATC Energy Price +$5/MWH -$5/MWH Nuclear Capacity Factor +1% / -1% 2011 $5 $(5) $15 $(10) $10 $(10) +/- $30 2012 $145 $(65) $145 $(125) $90 $(90) +/- $45 2013 $425 $(380) $315 $(310) $180 $(175) +/- $45 Exelon Generation Gross Margin Sensitivities (with Existing Hedges) (1) Based on March 31, 2011 market conditions and hedged position.

  • Henry Hub Natural Gas + $1/MMBtu - $1/MMBtu NI-Hub ATC Energy Price +$5/MWH -$5/MWH PJM-W ATC Energy Price +$5/MWH -$5/MWH Nuclear Capacity Factor +1% / -1% 2010 $40 $(40) $30 $(25) $20 $(15) +/- $50 2011 $190 $(160) $165 $(155) $135 $(130) +/- $50 2012 $395 $(395) $275 $(270) $230 $(230) +/- $50 Exelon Generation Gross Margin Sensitivities (with Existing Hedges) (1) Based on December 31, 2009 market conditions and hedged position.

  • ExGen Hedged Gross Margin Sensitivities Gross Margin Sensitivities (With Existing Hedges) (1, 2) 2014 2015 2016 Henry Hub Natural Gas ($/Mmbtu) $110 $305 $515 $(40) $(235) $(480) NiHub ATC Energy Price $30 $290 $430 $(30) $(285) $(430) PJM-W ATC Energy Price $20 $175 $270 $(15) $(165) $(260) NYPP Zone A ATC Energy Price $5 $20 $35 $(5) $(20) $(35) Nuclear Capacity Factor (3) +/- $45 +/- $40 +/- $40 2013 4Q Earnings Release Slides (1) Based on December 31, 2013 market conditions and hedged position.

  • Henry Hub Natural Gas + $1/MMBtu - $1/MMBtu NI-Hub ATC Energy Price +$5/MWH -$5/MWH PJM-W ATC Energy Price +$5/MWH -$5/MWH Nuclear Capacity Factor +1% / -1% 2011 $5 $(5) $5 $(5) $5 $(5) +/- $10 2012 $65 $(30) $70 $(50) $40 $(35) +/- $45 2013 $305 $(265) $210 $(205) $145 $(140) +/- $50 Exelon Generation Gross Margin Sensitivities (with Existing Hedges) (1) Based on September 30, 2011 market conditions and hedged position.

  • The Existing Hedges have an aggregate notional principal amount of approximately $429 million and a weighted average fixed rate of 2.66 percent per annum, and each of the Existing Hedges has a quarterly payment frequency and matures on May 15, 2022.


More Definitions of Existing Hedges

Existing Hedges means the Hedges entered into by Grantor with respect to the Subject Minerals prior to the date hereof as described in Exhibit A to the Supplemental Agreement.
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Related to Existing Hedges

  • Hedging means acting to protect against economic loss due to price fluctuation of a commodity or related investment by entering

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

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

  • Hedging Agreements means, collectively, interest rate protection agreements, equity index agreements, foreign currency exchange agreements, option agreements or other interest or exchange rate or commodity price hedging agreements (other than forward contracts for the delivery of power or gas written by the Borrower to its jurisdictional and wholesale customers in the ordinary course of business).

  • Interest Rate Hedge means an interest rate exchange, collar, cap, swap, adjustable strike cap, adjustable strike corridor or similar agreements entered into by the Borrower or its Subsidiaries in order to provide protection to, or minimize the impact upon, the Borrower, any Guarantor and/or their respective Subsidiaries of increasing floating rates of interest applicable to Indebtedness.

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

  • 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 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.

  • Hedging Arrangements means, with respect to any Person, any agreements or other arrangements (including interest rate swap agreements, interest rate cap agreements and forward sale agreements) entered into to protect that Person against changes in interest rates or the market value of assets.

  • 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.

  • Hedging Contracts means all Interest Rate Contracts, foreign exchange contracts, currency swap or option agreements, forward contracts, commodity swap, purchase or option agreements, other commodity price hedging arrangements, and all other similar agreements or arrangements designed to alter the risks of any Person arising from fluctuations in interest rates, currency values or commodity prices.

  • Rate Hedging Obligations of a Person means any and all obligations of such Person, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (a) any and all Rate Hedging Agreements, and (b) any and all cancellations, buy backs, reversals, terminations or assignments of any Rate Hedging Agreement.

  • Forward Hedge Shares means all Common Stock borrowed by the Forward Purchaser and offered and sold by the Forward Seller in connection with any Forward that has occurred or may occur in accordance with the terms and conditions of this Agreement. Where the context requires, the term “Forward Hedge Shares” as used herein shall include the definition of the same under the Alternative Distribution Agreements.

  • 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.

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

  • 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.

  • Gathering lines means any pipeline, equipment, facility, or building used in the transportation of oil or gas during oil or gas production or gathering operations.

  • Hedging Obligations means, with respect to any specified Person, the obligations of such Person under:

  • Oil and Gas Hedging Contracts means any oil and gas purchase or hedging agreement, and other agreement or arrangement, in each case, that is designed to provide protection against oil and gas price fluctuations.

  • Hedge or “hedging” means a strategy used to offset or reduce the risk associated with an investment or a group of investments.

  • 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.

  • Rate Contracts means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and any other agreements or arrangements designed to provide protection against fluctuations in interest or currency exchange rates.

  • Hedge Contract means any exchange, swap, forward, cap, floor, collar, option or other similar agreement or arrangement entered into for the purpose of reducing the exposure of a Group Member to fluctuations in interest rates, the price of hydrocarbons, basis differentials or currency exchange rates in their operations or financing activities and not for speculative purposes.

  • Net Hedging Obligations means, as of any date, the Termination Value of any such Hedging Agreement on such date.

  • Secured Hedge Obligations means Obligations under Secured Hedge Agreements.

  • 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.