Commodity Put Option definition

Commodity Put Option means, with respect to all or part of a Required Outstanding Loan Balance, a cash-settled put option exercisable by the Borrower as contemplated in Article 5.11 of these General Conditions.
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Commodity Put Option means the right of the Option Purchaser to receive the Exercise Settlement Amount on exercise of the Option, provided that the Floating Price is lower than the Strike Price for the Calculation Period in question.
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Examples of Commodity Put Option in a sentence

  • Otherwise, the "Cash Settlement Amount" for such Commodity Put Option shall be zero.

  • As at December 31, 2005, the Company had fulfilled the terms of the Collar.During 2004, the Company entered Commodity Put Option to sell 2500 GJ of gas per day to a third party from May 1, 2004 to October 31, 2004 at a strike price of $5 per GJ and a total premium cost to the Company of$65,780 based on $0.143 per GJ.

  • Chemical stabilisation aims to fix pollutants such as heavy metals in the residue by altering their chemical properties.

Related to Commodity Put Option

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

  • Commodity intermediary means a person that:

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

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

  • 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 Exchange Act means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.

  • Swap means any agreement, contract, or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.

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