Commodity Supplier definition

Commodity Supplier means the commodity supplier as advised by AEON Credit;

Commodity Supplier. Means the commodity supplier as advised by the Bank.

Commodity Supplier means a Sub-contractor that solely provides goods, services and/or supplies that can be readily obtained by the Contractor and/or the DCC from a competitive market, materially similar in form, function and price that have not been produced or rendered specifically for or with the Services in mind. The phrase Commodity Supplier excludes any Sub-contractor that has access (whether physical or otherwise) to any DCC Confidential Information; "Common Change" has the meaning given in Schedule 8.2 (Change Control);

Examples of Commodity Supplier in a sentence

• Under Wakalah concept, on behalf of the Customer, the Bank will conduct and execute purchase and sale transactions of specific Shariah compliant commodity (the Commodity consists of crude palm oil (CPO), rubber or any other commodity as advised by the Commodity Supplier) of which will be identified and used as an underlying asset for the purchase and sale transaction using the Customer’s deposit.

• This Shariah contract is based on Murabahah (cost plus profit) concept, whereby a specific Shariah Compliant commodity (the Commodity consists of crude palm oil (CPO), rubber or any other commodity as advised by the Commodity Supplier) of which will be identified and used as an underlying asset for the sale and purchase transactions between the Bank and the Customer.

• Through the appointment of the said agent, the Bank shall purchase the Commodity equal to the price specified by the Customer in cash from the Commodity Supplier.

• Subsequently, the Bank will sell the Commodity to Commodity Supplier for cash.

• Via this financing, the Bank will buy the commodity (crude palm oil (CPO), plastic resin or any other commodity as advised by the Commodity Supplier) from the Commodity Supplier with the cost price (based on the financing amount).

More Definitions of Commodity Supplier

Commodity Supplier means a person or business entity that makes natural fiber or cloth used to produce goods that this policy covers. Suppliers include, but are not limited to, farms, ranches and factories where natural-fiber or cloth is grown, produced, woven, knitted or felted. The term applies only to persons or business entities that supply a contractor, as distinct from those that do not, even if they are owned by the same company.

Commodity Supplier means any counterparty to a Commodity Agreement.

Commodity Supplier means in relation to any sale or purchase of the Commodity, the commodity supplier as advised by the Bank;

Commodity Supplier means, in relation to the Murabaha Contract, the vendor to the Seller of the Commodities which are the subject matter of the Notice of Request to Purchase;

Commodity Supplier means the commodity supplier(s) at Bursa Suq Al-Sila' orsuch other independent commodity broker acceptable to the Shariah Adviser;

Commodity Supplier means a supplier and/or transporter procured by RES pursuant to this Agreement to supply and/or transport Commodities for delivery to their respective Delivery Points.

Commodity Supplier means a Sub-contractor that solely provides goods, services and/or supplies that can be readily obtained by the Contractor and/or the DCC from a competitive market, materially similar in form, function and price that have not been produced or rendered specifically for or with the Services in mind. The phrase Commodity Supplier excludes any Sub-contractor that has access (whether physical or otherwise) to any DCC Confidential Information; "Common Change" has the meaning given in Schedule 8.2 (Change Control); "Comms Service Provider(s)", "Communications Service Provider(s)" or "CSP(s)" has the meaning given in Part E of this Schedule 1;