Common use of Hedging Policy Clause in Contracts

Hedging Policy. (a) The Borrower shall establish and maintain, as of and after the Closing Date, a hedging policy (“Hedging Policy”) consistent with the criteria and provisions set forth on Exhibit D hereto, and with any changes in such Hedging Policy to be made subject to the provisions set forth on Exhibit D. (b) The Borrower shall implement and comply with its Hedging Policy as in effect from time to time by entering into Eligible Hedge Agreements with Eligible Counterparties as necessary to so comply.