Commodity Trader definition

Commodity Trader means commodity trader(s) in the commodity market as arranged by the Bank;
Commodity Trader means any commodity trader acceptable to the Bank for the purpose of buying or selling of the Commodity;
Commodity Trader means commodity trader(s) in the commodity market as arranged by MBSB Bank.

Examples of Commodity Trader in a sentence

  • The Bank (in its capacity as your Sale Agent) will then sell the commodities to a third party Commodity Trader at cost price which is equivalent to the financing amount.

  • The Bank will then sell the commodities to a third party Commodity Trader in capacity as your Sale Agent at cost price which shall be equivalent to the financing amount.

  • The Bank will then sell the commodity to Commodity Trader (Broker B) in cash basis.

  • Under this arrangement, the Customer appoints the Bank to act as the Customer’s agent (wakalah) to purchase the commodity from Commodity Trader (Broker A) in cash and subsequently the Customer will sell the commodity to the Bank under Murabahah contract (cost price plus profit) on deferred payment.

  • Upon placement made which is equivalent to the deposit amount to the Bank, the Bank undertakes (wa’d) to purchase the commodity from the Customer after the Bank (as Customer’s agent) purchase the commodity from Commodity Trader.

  • The Bank as agent will sell the Commodity to the Commodity Trader or any third party at the price equivalent to the amount of Purchase Price of the debt receivables and the proceeds after less other charges will be credited to the Customer’s designated account.

  • Upon placement made which is equivalent to the deposit amount to the Bank, the Bank will purchase the commodity from the Customer after the Bank (as Customer’s agent) purchase the commodity from Commodity Trader.

  • It is very common for the “middleman” Commodity Trader to take on principal risk and buy the goods in advance (whether it’s a car, a small boat, tons of cheese or meat) in anticipation of selling it shortly thereafter to their client at a profit.

  • FIXED DEPOSITS The company had not accepted any deposit from public during the year ended 31st March, 2010, pursuant to the provisions of section 58-A of the Companies Act, 1956.6. SUBSIDIARY COMPANIES The Company's vision of a being a Global Commodity Trader warrants its presence outside India.

  • A major commercial site is located within the Area 1 and this is the Talamahu Market which is surrounded by grocery stores and department stores.

Related to Commodity Trader

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

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

  • 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.

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

  • Commodity intermediary means a person that:

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

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

  • 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 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.

  • 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.

  • 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 Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • 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.

  • 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.

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

  • 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).

  • Securities Entitlement means the rights and property interest of an Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of Article 8 of the Uniform Commercial Code of the State of New York, as the same may be amended from time to time.

  • Commodity Account Control Agreement means a control agreement in a form that is reasonably satisfactory to the Collateral Agent establishing the Collateral Agent’s Control with respect to any Commodity Account.

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

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Futures means a futures contract which gives the buyer the obligation to purchase a specific asset, and the seller to sell and deliver that asset at a specific future date, unless such contract is terminated prior to such date for any reason;

  • Agricultural commodity means all agricultural, aquacultural, silvicultural, horticultural, floricultural, or viticultural products, livestock or livestock products, Christmas trees, bees, maple syrup, honey, commercial fish or fish products, and seeds produced in this state, either in their natural state or as processed by the producer of the commodity. The kinds, types, and subtypes of products to be classed together as an agricultural commodity for the purposes of this act shall be determined on the basis of common usage and practice.

  • Physical Commodities means any physical commodity with respect to which a Commodity Interest is traded on a market specified in the definition of Commodity Shares above.

  • OTC derivative or ‘OTC derivative contract’ means a derivative contract the execution of which does not take place on a regulated market as within the meaning of Article 4(1)(14) of Directive 2004/39/EC or on a third-country market considered as equivalent to a regulated market in accordance with Article 19(6) of Directive 2004/39/EC;