Hedging. The Borrower shall at all times satisfy the Hedge Requirements.

Hedging. Failure of the Borrower to maintain Hedge Agreements satisfying the Hedge Requirements and such failure continues for five (5) Business Days or any Hedge Counterparty ceases to be a Qualifying Hedge Counterparty and such Hedge Counterparty is not replaced with a Qualifying Hedge Counterparty within ten (10) Business Days.

Hedging. If requested by Buyer in writing, a Seller shall enter into Interest Rate Protection Agreements, in an amount in accordance with Buyer’s reasonable written request, with Buyer or any Affiliate or other counterparties reasonably acceptable to Buyer, having terms with respect to protection against fluctuations in interest rates reasonably acceptable to Buyer. A Seller may enter such Interest Rate Protection Agreements as part of such Seller’s hedging strategies covering such Seller’s mortgage loans and other assets other than the Purchased Assets.

Hedging. If requested by Buyer in writing, a Seller shall enter into Interest Rate Protection Agreements, in an amount in accordance with Buyer’s reasonable written request, with counterparties reasonably acceptable to Buyer (which may at such Seller’s option include Affiliates of Buyer), having terms with respect to protection against fluctuations in interest rates reasonably acceptable to Buyer. A Seller may enter such Interest Rate Protection Agreements as part of such Seller’s hedging strategies covering such Seller’s mortgage loans and other assets other than the Purchased Assets.

Minimum Hedging. Within thirty (30) days of the end of each fiscal quarter on a rolling basis, the Borrower shall at all times maintain Swap Agreements with one or more Approved Counterparties with the purpose and effect of # fixing prices on crude oil (including

Hedging Transactions. No Borrower or Subsidiary will be a party to or in any manner be liable on any Hedging Contract except:

Hedging Agreements. Enter into any Hedging Agreement, except to hedge risks arising in the Ordinary Course of Business and not for speculative purposes.

Minimum Hedging. On or prior to thirty (30) days from the date of the Seventh Amendment (or such later date as the Administrative Agent may agree in its sole discretion) up to and including the date that is eighteen (18) months following the date of the Seventh Amendment, the Borrower shall at all times maintain Swap Agreements with one or more Approved Counterparties with the purpose and effect of # fixing prices on oil or gas expected to be produced by the Borrower for at least 75% of all the Borrower’s aggregate Projected Oil and Gas Production anticipated (at the time such Swap Agreement is entered into) to be sold in the ordinary course of the Borrower’s business for the ensuing twelve (12) months and # fixing prices on oil or gas expected to be produced by the Borrower for at least 50% of the Borrower’s Projected Oil and Gas Production anticipated (at the time such Swap Agreement is entered into) to be sold in the ordinary course of the Borrower’s business for the ensuing months thirteen (13) through eighteen (18) (compliance with this [Section 4.30(g)] to be determined by the Agent in its sole discretion as of the date of each report delivered pursuant to [Section 4.1(a) and 4.1(b)(i)]).

Hedging Transactions. No Borrower or Subsidiary will be a party to or in any manner be liable on any Hedging Contract except:

No Loan Party nor any Subsidiary of any Loan Party is a party to any Hedging Agreement as of the Closing Date except as set forth on [Schedule 5.18].