Exchange for Physicals Sample Clauses

Exchange for Physicals. (EFPs) and Exchange for Swaps (EFSs) For ICE Endex French PEG Natural Gas Futures Contract, in accordance with ICE Endex Rules, EFPs and EFSs may be posted up to one hour following the cessation of trading. For the ICE Endex French PEG Natural Gas Daily Futures Contract, in accordance with ICE Endex Rules, EFPs and EFSs may be posted up to thirty minutes following the cessation of trading.
Sample 1Sample 2
AutoNDA by SimpleDocs
Exchange for Physicals. ATC engages in EFP transactions. An EFP is a purchase or sale of a spot commodity in conjunction with an offsetting sale or purchase of a corresponding futures contract involving the same or equivalent underlying commodity, without making an open and competitive trade for the futures contract on the exchange. The prices at which such transactions are executed are negotiated between the parties. EFPs are a permitted exception to the general requirement of the Commodity Exchange Act (CEA) that all futures contracts must be competitively executed on an exchange. They are permitted pursuant to the rules of the relevant exchanges, which vary from exchange to exchange. If the EFP does not comply with specific exchange requirements, particularly regarding possessing documentation evidencing possession of the underlying commodity, then the CFTC or the exchange may deem the transaction to be an illegal off-exchange futures contract. In addition, every EFP involves the transfer of an underlying commodity on a bilateral basis, with a counterparty in exchange for a related cleared futures contract. There is, therefore, counterparty credit risk if the counterparty or its clearing member on the futures leg fails to perform. Unlike other futures contracts that are deemed cleared by the clearinghouse upon trade matching or at the end of the business day, futures contracts arising out of EFPs may, under various clearinghouse rules, not be deemed accepted by the clearinghouse until the next business day. Finally, if ATC were prevented from engaging in EFPs as a result of regulatory changes or other factors, the performance of the programs could be adversely affected.
Sample 1

Related to Exchange for Physicals

  • Annual Physical The Executive may, if the Executive so elects, within the twelve (12) months following the Date of Termination, receive an annual physical at the Company’s expense consistent with the physical provided under, and subject to the requirements of, the Company’s annual physical program as in effect immediately prior to the Date of Termination.

  • Physicals The Company shall annually pay for or reimburse the Executive for the cost of a physical examination and health evaluation performed by a licensed medical doctor, subject to such reasonable substantiation and documentation requirements as to cost as may be specified by the Board or CEO from time to time.

  • 252 Physical Change (a) Forest Service shall adjust the Specified Road construction cost if, prior to acceptance under B6.36, a physical change, caused by a single event and not due to negligence of Purchaser, results in an increase or decrease in work and/or materials furnished by Purchaser involving additional estimated cost of:

  • Subpoenas Directed to BellSouth Where BellSouth provides resold services or local switching for <<customer_name>>, BellSouth shall respond to subpoenas and court ordered requests delivered directly to BellSouth for the purpose of providing call detail records when the targeted telephone numbers belong to <<customer_name>> end users. Billing for such requests will be generated by BellSouth and directed to the law enforcement agency initiating the request. BellSouth shall maintain such information for <<customer_name>> end users for the same length of time it maintains such information for its own end users.

  • Reporting of Total Compensation of Subrecipient Executives I. Applicability and what to report. Unless you are exempt as provided in paragraph [4.]of this award term, for each first-tier subrecipient under this award, you shall report the names and total compensation of each of the subrecipient's five most highly compensated executives for the subrecipient's preceding completed fiscal year, if—

  • Physical Distancing 1. The District shall limit occupancy of bathrooms, elevators, locker rooms, staff rooms, offices, warehouses, and conference rooms, and any other shared work or school spaces to provide no less than six (6) feet of distancing. Adjacent bathroom stalls may be used. The District shall post signs with occupancy limits conspicuously at the entrance to each room.

  • Requests For Samples By Authorized Users Requests for samples by Authorized Users require the consent of the Contractor. Where Contractor refuses to furnish a sample, Authorized User may, in its sole discretion, make a determination on the performance capability of the Product or on the issue in question. BID EVALUATION

  • 000 TRAVEL 21.100 During the term of this Agreement, no subsistence, travel allowance, mileage or pay for travel time will be paid to any employee covered by the terms of this Agreement.

  • Annual Physical Examination A permanent employee shall be granted up to one day per year with pay for the purpose of a comprehensive physical examination provided that the verification of such an examination is submitted to the District.

  • Physical Oldfield shall obtain an annual physical examination by a licensed medical doctor. The expense of said examination not reimbursed by the College’s insurance program shall be borne by the College.

Time is Money Join Law Insider Premium to draft better contracts faster.