Commodity Component definition

Commodity Component means, collectively, the 10 commodities and the two indices identified under the heading “Component Commodity” in the definition of “Component Commodities.”
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Commodity Component means the component comprised of the following commodities: crude oil (1/3); aluminium (1/3); and copper (1/3).
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Commodity Component means an amount equal to (1) the Estimated Commodity Component plus (2) the product of -US$2,000,000 times the NYMEX Price Differential. The "TCPL Transportation Component" means an amount equal to (1) the Estimated TCPL Transportation Component plus (2) the product of -US$300,000 times the TCPL Rate Percent Differential. An example of this calculation is shown on Appendix C. Notwithstanding the foregoing, the Termination Payment shall be at least twenty-two million U.S. dollars (US$22,000,000) but shall in no event exceed twenty-eight million U.S. dollars (US$28,000,000).
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Examples of Commodity Component in a sentence

  • The Purchased Gas Adjustment shall be computed to the nearest one- hundredth cent per Ccf in the following manner: The Firm Gas Sales Adjustment shall be the sum of the Demand Component (Adjustment "A") and the Commodity Component (Adjustment "B"), and Storage Component (Adjustment "C").

  • By July 1 of each year, the Company will file with the Commission the Gas Supply Plan, the fixed value of the Demand Component, and the Commodity Component for the following Recovery Year.

  • The Purchased Gas Adjustment shall be computed to the nearest one- hundredth cent per Ccf in the following manner: The Firm Gas Sales Adjustment shall be the sum of the Demand Component (Adjustment "A") and the Commodity Component (Adjustment "B"), andStorage Component (Adjustment "C").

  • Application of Adjustment and Filing with CommissionBy July 1 of each year, the Company will file with the Commission the Gas Supply Plan, the fixed value of the Demand Component, and the Commodity Component for the following Recovery Year.

  • It is k-partite or k-colorable, for some k 2, if the vertices of the graph can be partitioned into k disjoint subsets, such that no two vertices are adjacent in each subset.

  • WPI index with base year 2011-12 in force in respect of the Commodity/ Component (Name: All Commodities, Code: 1000000000) as on base date - as published by the Office of Economic Advisor, Ministry of Commerce & Industry, Government of India (https://eaindustry.nic.in/).

  • A higher concentration of weight to a Commodity Component that underperforms will lead to a corresponding concentrated adverse impact on the performance of the Index.

  • Customer must specify an exact daily delivery volume to be billed at Firm Transportation Service * Customer will automatically be placed on a month-end billing cycle*** Customer must choose one Commodity Component option for all Sales Service volumes Customer may specify an hourly delivery volume in their Service Election form.

  • If the Index Manual indicates that the Index employs a dynamic roll mechanism for its Commodity Components, then the Index uses a signal to establish whether to roll each Commodity Component before (pre-roll) or after (post-roll) the relevant benchmark roll window.

  • However, the Commodity Component to be billed will be depende on Customer’s Service Type Selection and may instead be Winter Sales WACOG or Monthly Incremental Cost of Gas.[3] Where applicable, as set forth in this rate schedule, the Account 191 portion of the Temporary Adjustments as set forth in Schedule 162 may not apply.[4] Where applicable, as set forth in this rate schedule, the Account 191 portion of the Sales Service Temporary Adjustments as set forth in Schedule 162 may also apply.


More Definitions of Commodity Component

Commodity Component means any individual ICT component used by the Contractor in the provision of the Services that is generally and commercially available for purchase and for which the cost to the Contractor of deploying and integrating that component into the Services is less than [**] percent ([**]%) of the purchase cost of that component;
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Related to Commodity Component

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

  • commodity derivatives means commodity derivatives as defined in Article 2(1)(30) of Regulation (EU) No 600/2014;

  • Commodity Interests means commodity futures contracts, options on commodity futures contracts, and options on physical commodities traded on or subject to the rules of:

  • Commodity customer means a person for which a commodity intermediary carries a commodity contract on its books.

  • Commodity option means an account, agreement, or contract giving a party to the account, agreement, or contract the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but shall not include an option traded on a national securities exchange registered with the United States securities and exchange commission.

  • Commodity Agreement means any commodity futures contract, commodity swap, commodity option or other similar agreement or arrangement designed to protect against fluctuations in the price of commodities or to otherwise manage commodity prices or the risk of fluctuations in commodity prices.

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.

  • Dilution Volatility Component means, at any time, the product (expressed as a percentage) of (i) the difference between (a) the highest three-month rolling average Dilution Ratio over the 12-month period then most recently ended and (b) the Adjusted Dilution Ratio, and (ii) a fraction, the numerator of which is equal to the amount calculated in (i)(a) of this definition and the denominator of which is equal to the amount calculated in (i)(b) of this definition.

  • Commodities means the Commodities , raw materials, machines, equipments and/or other materials that should be provided by the Supplier to the Buyer under the Contract.

  • Class A-S Component The Component having such designation.

  • Pledged Uncertificated Stock means any Stock or Stock Equivalent of any Person that is not a Pledged Certificated Stock, including all right, title and interest of any Grantor as a limited or general partner in any Partnership or as a member of any LLC and all right, title and interest of any Grantor in, to and under any Partnership Agreement or LLC Agreement to which it is a party.

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Commodities Accounts (i) shall mean all “commodity accounts” as defined in Article 9 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4 under the heading “Commodities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Uncertificated Lower-Tier Interests Any of the Class LA1, Class LA2, Class LA3, Class LA4, Class LA5, Class LASB, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF and Class LNR Uncertificated Interests.

  • Foreign market vehicle means any motor vehicle originally manufactured outside the United States,

  • Commodity intermediary means a person that:

  • Certificated Air Carrier means a Citizen of the United States holding an air carrier operating certificate issued by the Secretary of Transportation pursuant to Chapter 447 of Title 49 of the United States Code for aircraft capable of carrying ten or more individuals or 6,000 pounds or more of cargo or that otherwise is certified or registered to the extent required to fall within the purview of Section 1110.

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.

  • Commodity Price Protection Agreement means, in respect of a Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement designed to protect such Person against fluctuations in commodity prices.

  • Commodity Hedging Agreement means any agreement with respect to a commodity swap or other agreement regarding the hedging of commodity purchase and sale exposure executed in connection with hedging the commodity purchase and sale exposure of the Borrower and its Subsidiaries, and any confirming letter executed pursuant to such commodity hedging agreement, all as amended, restated or otherwise modified.

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • All-In Yield means, as to any Loans (or Pari Term Loans, if applicable), the yield thereon payable to all Lenders (or other lenders, as applicable) providing such Loans (or Pari Term Loans, if applicable) in the primary syndication thereof, as reasonably determined by the Administrative Agent in consultation with the Borrower, whether in the form of interest rate, margin, original issue discount, up-front fees, rate floors or otherwise; provided, that original issue discount and up-front fees shall be equated to interest rate assuming a 4-year life to maturity (or, if less, the life of such Loans (or Pari Term Loans, if applicable)); and provided, further, that “All-in Yield” shall not include arrangement, commitment, underwriting, structuring or similar fees and customary consent fees for an amendment paid generally to consenting lenders.

  • Commodity means any material, article, supply, goods, or equipment.

  • Class B Component The Component having such designation.

  • Uncertificated Lower-Tier Interest A regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and is entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest are Uncertificated Lower-Tier Interests.