OTC Guarantee

OTC Guarantee. Any Guarantee issued by SPHI in connection with any commodities trading arrangement consummated between any Parent Subsidiary and a trading counterparty pursuant to a master trading agreement as used in the U.S. with respect to energy, fuels, environmental commodities, and derivatives markets, including, but not limited to, the Edison Electric Institute Master Power Purchase and Sale Agreement, the North American Energy Standards Board Base Contract for Sale and Purchase of Natural Gas, the... International Swaps and Derivatives Association Master Agreement, the Western Systems Power Pool Agreement, and the Emissions Marketing Association Master Agreement for the Purchase and Sale of Emission Products. View More