Common use of Commodity Contracts Clause in Contracts

Commodity Contracts. The Commodity Intermediary agrees with the Collateral Trustee and the Grantor that, to the fullest extent permitted by applicable law, all property carried from time to time in the Account will be treated as commodity contracts under Article 8 of the PA Uniform Commercial Code.

Appears in 3 contracts

Sources: Credit Agreement (Consol Energy Inc), Security Agreement (Consol Energy Inc), Revolving Credit Facility (Consol Energy Inc)

Commodity Contracts. The Commodity Intermediary agrees with the Collateral Trustee and the Grantor that, to the fullest extent permitted by applicable law, all property carried from time to time in the Account will be treated as commodity contracts under Article 8 of the PA NY Uniform Commercial Code.

Appears in 2 contracts

Sources: Security Agreement (CONSOL Energy Inc), Security Agreement (CNX Gas Corp)