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.
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.
Commodity Put Option means the right of the Option Purchaser to receive the Exercise Settlement
Examples of Commodity Put Option in a sentence
Otherwise, the "Cash Settlement Amount" for such Commodity Put Option shall be zero.
Otherwise, the “Cash Settlement Amount” for such Commodity Put Option shall be zero.