Other Commodity Agreement definition

Other Commodity Agreement means an agreement (other than this Transaction) between the Parties to purchase, sell or exchange commodities, including any spot or forward contract, future, option, swap, swap option, cap, floor or collar or other derivative transaction on or with respect to a commodity or any combination of these transactions.
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Other Commodity Agreement means any agreement between the Parties on or with respect to a commodity other than a Transaction, including a spot or forward contract, option, swap, swap option, cap, floor or collar.
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Examples of Other Commodity Agreement in a sentence

  • The Parties hereto agree that any property in which a Party has been or will be granted a security interest (or comparable interest) to secure obligations owed to it by the other party (the “Other Party”) under this Agreement or an Other Commodity Agreement shall also secure the Other Party’s obligation to make payments under this Agreement and/or the Other Commodity Agreement, including without limitation, the payment of the Termination Payment and/or the Other Termination Payment.

  • Each Other Commodity Agreement and any credit support document related thereto are hereby amended as set forth in this Section 19.6.

  • If a particular Other Commodity Agreement or Specified Agreement does not provide a method for determining what is owed upon early termination, then the amount due upon early termination shall be determined pursuant to Section 20.3 as if such Other Commodity Agreement or Specified Agreement were a Transaction.

  • The Performing Party may immediately, without notice to the Defaulting Party, realize against any Performance Assurance, credit support or collateral (including any cash deposit) provided by or on behalf of the Defaulting Party under any Transaction or any Other Commodity Agreement and apply the amount of any such Performance Assurance, credit support or collateral realized against its calculation of the Termination Payment.

  • The Performing Party may enforce any of its remedies under this Agreement, any Other Commodity Agreement or any Specified Agreement.

  • In determining the Other Termination Payment, the Performing Party may foreclose upon and apply any collateral provided by or on behalf of the Defaulting Party under any Transaction or any Other Commodity Agreement.

  • If a particular Other Commodity Agreement does not provide a method for determining what is owed upon early termination, then the amount due upon early termination shall be determined in the manner set forth in the third paragraph of this “Termination and Liquidation” section.