Cash and Carry Purchases definition

Cash and Carry Purchases means purchases of Petroleum Products for physical storage or in storage or in transit in pipelines which has been hedged by either a NYMEX contract, an OTC contract, an Intercontinental Exchange contract, or a contract for physical delivery.
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Cash and Carry Purchases means purchases of Petroleum Products for physical storage or in storage or in transit in pipelines which has been hedged by either a NYMEX contract, an OTC contract or a contract for physical delivery.
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Cash and Carry Purchases means purchases of Petroleum Products for physical storage at an Approved Location which qualify as Hedged Eligible Inventory.
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Examples of Cash and Carry Purchases in a sentence

  • Instead, it applied Pennsylvania’s choice-of-law rules rather than New Jersey’s.

  • The ALOS images are confined to the east Greenland coast and have a different sea ice type distribution than the other sea ice drift products (Fig.

  • The first two sentences of Section 2.4 of the Original Agreement are hereby amended in their entirety to read as follows: LC/Hedged Inventory Facility Borrower shall use the proceeds of all Loans to finance Cash and Carry Purchases, as margin deposits not to exceed $50,000,000 in the aggregate at any time outstanding with respect to Hedging Contracts as permitted pursuant to Section 7.2(e) and to refinance Matured LC Obligations.

  • The proviso at the end of the last sentence of the definition of "Consolidated Funded Indebtedness" set forth in Section 1.1 of the Original Agreement is hereby amended in its entirety to read as follows: provided, however, that Consolidated Funded Indebtedness shall not include Indebtedness in respect of letters of credit, Cash and Carry Purchases, or margin deposits.

  • Borrower shall use all Loans to finance Cash and Carry Purchases of Hedged Eligible Inventory and to refinance Unreimbursed Amounts.

  • Borrower shall use the proceeds of all Loans to finance Cash and Carry Purchases, as margin deposits not to exceed $50,000,000 in the aggregate at any time outstanding with respect to Hedging Contracts as permitted pursuant to Section 7.2(e) and to refinance Matured LC Obligations.

  • Borrower shall use the proceeds of all --------------- Loans to finance Cash and Carry Purchases and to refinance Matured LC Obligations.

  • The proviso at the end of the last sentence of the definition of "Consolidated Funded Indebtedness" set forth in Section 1.1 of the Original Agreement is hereby amended in its entirety to read as follows: provided, however, that Consolidated Funded Indebtedness shall not include Indebtedness in respect of letters of credit, Cash and Carry Purchases or margin deposits.

  • For at least one Business Day -------------------------- each year during the Canadian Commitment Period, the outstanding principal balance of the Canadian Revolver Advances (not including any Canadian Revolver Advances made in respect of Canadian Cash and Carry Purchases or margin deposits) will not exceed the Dollar Equivalent of $5,000,000.


More Definitions of Cash and Carry Purchases

Cash and Carry Purchases means purchases of crude oil for physical storage at a Plains Terminal or in transit in pipelines Currently Approved by Majority Lenders which constitutes Hedged Eligible Inventory, as such terms are defined in the Marketing Credit Agreement.
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Related to Cash and Carry Purchases

  • Acquisitions means the acquisition by the Borrower or its Subsidiaries of at least a majority of the capital stock or all or substantially all of the property of another Person, division of another Person or other business unit of another Person, whether or not involving a merger or consolidation of such Person; provided, that such Person or property is used or useful in a Permitted Line of Business.

  • CAFRA Centers, Cores or Nodes means those areas with boundaries incorporated by reference or revised by the Department in accordance with N.J.A.C. 7:7-13.16.

  • Nursery stock means all domesticated or wild botanically classified hardy perennial or biennial trees, shrubs, vines, and other plants; cuttings, grafts, scions, buds, bulbs, rhizomes, or roots of any of these; and fruit pits. Nursery stock includes plants and plant parts for, or capable of, propagation, excepting field, vegetable, and flower seeds, corms, and tubers.

  • Terminals means the Terminals set forth on Schedule A attached hereto.