Commodity Exchange Sample Clauses

A Commodity Exchange clause defines the terms and conditions under which commodities are traded between parties, typically referencing a recognized exchange or market. This clause may specify which commodities are covered, the standards or grades applicable, and the procedures for pricing, delivery, and settlement based on exchange rules. Its core function is to ensure that both parties have a clear, standardized framework for trading commodities, reducing ambiguity and aligning transactions with established market practices.
POPULAR SAMPLE Copied 1 times
Commodity Exchange. “Commodity Exchange” means any exchange, association, contract market or clearing association, whether incorporated or unincorporated, or persons who are engaged in the business of buying or selling any commodity or receiving the same for sale on consignment.
View SourceView Similar (4)
Commodity Exchange. Commodity Exchange" means any exchange, association, contract market or clearing association, whether incorporated or unincorporated, or persons who are engaged in the business of buying or selling any commodity or receiving the same for sale on consignment.
View SourceView Similar (2)
Commodity Exchange. Act Keepwell Provisions 74 Section 6.11 Designation and Conversion of Restricted and Unrestricted Subsidiaries 74 Section 6.12 Post Closing Matters 75 Section 6.13 Accounts 75 Section 6.14 Anti-Corruption Laws and Sanctions 76 Section 7.1 Financial Condition Covenants 77 Section 7.2 Indebtedness 77 Section 7.3 Liens. 78 Section 7.4 Fundamental Changes 79 Section 7.5 Disposition of Property 79 Section 7.6 Restricted Payments 80 Section 7.7 Investments 81 Section 7.8 Optional Payments and Modifications of Certain Debt Instruments 82 Section 7.9 Transactions with Affiliates 83 Section 7.10 Sales and Leasebacks 83 Section 7.11 Swap Agreements 83 Section 7.12 Changes in Fiscal Periods 83 Section 7.13 Negative Pledge Clauses 83 Section 7.14 Clauses Restricting Subsidiary Distributions 84 Section 7.15 Lines of Business 84 Section 7.16 [Reserved] 85 Section 7.17 Take-or-Pay Contracts 85 Section 7.18 Unrestricted Subsidiaries and Joint Ventures 85 Section 7.19 Amendment of Borrower Partnership Agreement 85
View Source
Commodity Exchange. Act Keepwell Provisions 98 Section 6.26. Anti-Corruption Laws 98 Section 6.27. Term Financial Covenant 98 Section 6.28. Limitations on Dispositions of Material Registered IP 99 DEFAULTS 99 Section 7.01. Representation or Warranty 99 Section 7.02. Non-Payment 100 Section 7.03. Specific Defaults 100 Section 7.04. Other Defaults 100 Section 7.05. Cross-Default 100 Section 7.06. Insolvency; Voluntary Proceedings 100 Section 7.07. Involuntary Proceedings 100 Section 7.08. Judgments 101 Section 7.09. Reportable Event; ERISA Event 101 Section 7.10. Change in Control 101 Section 7.11. Withdrawal Liability 101 Section 7.12. Loan Document 101 ACCELERATION, WAIVERS, AMENDMENTS AND REMEDIES 101 Section 8.01. Acceleration 101 Section 8.02. Amendments 101 Section 8.03. Replacement Loans 103 Section 8.04. Errors 104 Section 8.05. Preservation of Rights 104 GENERAL PROVISIONS 104 Section 9.01. Survival of Representations 104 Section 9.02. Governmental Regulation 104 Section 9.03. Headings 105 Section 9.04. Entire Agreement 105 Section 9.05. Several Obligations; Benefits of This Agreement 105 Section 9.06. Expenses; Indemnification; Damage Waiver 105 Section 9.07. Severability of Provisions 107 Section 9.08. Non-Liability of Lenders 107 Section 9.09. Confidentiality 107 Section 9.10. Non-Reliance 108 Section 9.11. Disclosure 108 Section 9.12. No Advisory or Fiduciary Responsibility 108 Section 9.13. USA PATRIOT Act 109 Section 9.14. Lender ERISA Representations 109 Section 9.15. Acknowledgement Regarding Any Supported QFCs 110 THE ADMINISTRATIVE AGENT 111 Section 10.01. Appointment and Authority 111 Section 10.02. Rights as a Lender 111 Section 10.03. Exculpatory Provisions 112 Section 10.04. Reliance by Administrative Agent 112 Section 10.05. Delegation of Duties 113 Section 10.06. Resignation of Administrative Agent 113 Section 10.07. Non-Reliance on Administrative Agent and Other Lenders 114 Section 10.08. No Other Duties, Etc 114 Section 10.09. Administrative Agent May File Proofs of Claim 114 Section 10.10. Collateral and Guaranty Matters 115 Section 10.11. Intercreditor Agreement 115 Section 10.12. The Platform 116 Section 10.13. Recovery of Erroneous Payments 116 SETOFF; RATABLE PAYMENTS 116 Section 11.01. Setoff 116 Section 11.02. Ratable Payments 117 BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS 117 Section 12.01. Successors and Assigns 117 Section 12.02. Dissemination of Information 122 Section 12.03. Tax Treatment 122 NOTICES 122 Section 13.01. Notices; Effe...
View Source

Related to Commodity Exchange

  • Commodity Exchange Act Each of Dealer and Counterparty agrees and represents that it is an “eligible contract participant” as defined in Section 1a(18) of the U.S. Commodity Exchange Act, as amended (the “CEA”), the Agreement and this Transaction are subject to individual negotiation by the parties and have not been executed or traded on a “trading facility” as defined in Section 1a(51) of the CEA.

  • Investment Securities and Commodities (a) Each of the Company and each Company Subsidiary has good title to all securities and commodities owned by it (except those sold under repurchase agreements or held in any fiduciary or agency capacity), free and clear of any Lien, except to the extent such securities or commodities are pledged in the ordinary course of business to secure obligations of the Company or its Subsidiaries. Such securities and commodities are valued on the books of the Company in accordance with GAAP in all material respects. (b) The Company and its Subsidiaries and their respective businesses employ investment, securities, commodities, risk management and other policies, practices and procedures (the “Policies, Practices and Procedures”) which the Company believes are prudent and reasonable in the context of such businesses. Prior to the date hereof, the Company has made available to Parent in writing the material Policies, Practices and Procedures.

  • Listing on Securities Exchange If the Company shall list any shares of Common Stock on any securities exchange, it will, at its expense, list thereon, maintain and, when necessary, increase such listing of, all shares of Common Stock issued or, to the extent permissible under the applicable securities exchange rules, issuable upon the exercise of this Warrant so long as any shares of Common Stock shall be so listed during the Exercise Period.

  • Shift Exchange The Employer and the Union agree that shift exchanges are a useful process to allow employees more flexibility and improved work/life balance. Employees within an institution who have the same job classification will be allowed to exchange full shifts for positions in which they are qualified. The shift exchange process will not be used to circumvent the bid system or the supervisory chain of command. Shift exchanges will be in accordance with the following: A. Request for shift exchanges will be submitted seven (7) calendar days in advance of the exchange, when practicable. B. Requests for shift exchanges will be considered on a case-by-case basis. The requested shift exchange is voluntary, and is agreed to in writing by both employees, and approved in writing by the supervisor(s). Requests for shift exchanges will be submitted to the appropriate Appointing Authority or designee for approval. ▇. ▇▇▇▇▇ exchanges may be denied. If denied, the employee will be provided the reason(s) in writing. D. Employees will not submit requests for shift exchanges which would result in overtime. Each employee will be considered to have worked their regular schedule. E. For shift exchanges that occur on an employee’s designated holiday, the employee who is regularly scheduled to work on that holiday will receive the holiday compensation, regardless of who physically worked on that day. F. The failure of an employee who has exchanged shifts to work the agreed upon shift without appropriate cause may be a basis for disciplinary action.

  • Recent Securities Transactions Subsequent to the respective dates as of which information is given in the Registration Statement, the Sale Preliminary Prospectus and the Prospectus, and except as may otherwise be indicated or contemplated herein or therein, the Company has not (i) issued any securities or incurred any liability or obligation, direct or contingent, for borrowed money; or (ii) declared or paid any dividend or made any other distribution on or in respect to its share capital.