Commodities Contract definition

Commodities Contract means any commodities contract cleared by the Clearing

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Commodities Contract means an agreement to purchase any product, including materials, equipment, and supplies, including associated incidental services.

Commodities Contract a contract (other than a master agreement) for the purchase, sale, storage, transfer, or exchange of commodities; or any futures, forward, exchange, swap or other derivatives contract or option or cap, collar, or floor transactions, or similar arrangements or similar transactions (i) in respect of commodities or (ii) relating to the purchase, sale, storage, transfer, or exchange of commodities that may have a fixed price, a floating price and floating differential, or other pricing basis.

Examples of Commodities Contract in a sentence

Commodity Code – The State’s numeric code for classifying Commodities Contract – The written agreement between the Department and the Contractor.
The State’s numeric code for classifying Commodities Contract – The written agreement between the Department and the Contractor.
Such Lien Grantor covenants that such Lien Grantor will cause, as promptly as practicable, each Commodity Contract owned by it with a fair market value in excess of $3,000,000 to be carried at all times in a Controlled Commodity Account; provided that NNL shall not be so obligated if the jurisdiction of the Commodity Intermediary for the Commodity Account in which such Commodities Contract is carried is not in the United States.
Contract Means an over the counter derivative agreement between you and us where the Underlyi ng Product is an FX Contract, Metal Contract, Index Contract or Commodities Contract which we nominate as available to underlie an Order.
Such Lien Grantor covenants that such Lien Grantor will thereafter cause, as promptly as practicable, each Pledged Commodity Contract owned by it with a fair market value in excess of $3,000,000 to be carried at all times in a Controlled Commodity Account; provided that the Lien Grantors shall not be so obligated if the jurisdiction of the Commodity Intermediary for the Commodity Account in which such Commodities Contract is carried is not in the United States.

More Definitions of Commodities Contract

Commodities Contract to read in its entirety as follows:

Commodities Contract means "commodities contract," as such term is defined in the UCC.