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Commodity Trader definition

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

  • The proceeds from the sale of the Commodity Asset to the Commodity Trader shall be credited into the Customer’s financing account or in such manner as may be determined by CGC and shall be emplaced with the financing limit and with the expressed instruction from the Customer to CGC.

  • In accordance with Murabahah arrangement, the Customer shall request CGC to purchase the Commodity Asset from any Commodity Trader by issuing a Purchase Request at CGC’s Purchase Price which shall be in the amount equivalent to the Financing Facility granted to the Customer.

  • By this letter, I/we irrevocably and unconditionally request CGC to purchase the Commodity Asset from the Commodity Trader acceptable to CGC at CGC’s Purchase Price under the purchase transaction.

  • Subsequent to the purchase of the commodity by CGC on my / our behalf from CGC I / we hereby agree to appoint CGC to be my / our sale agent to sell the Commodity Asset at selling price equivalent to the Approved Financing Amount to any Commodity Trader as CGC may deem fit.

  • Subsequent to the purchase of the commodity by CGC on my / our behalf from CGC, I / we hereby agree to appoint CGC to be my / our sale agent to sell the Commodity Asset at selling price equivalent to the Approved Financing Amount to any Commodity Trader as CGC may deem fit.

  • By this letter, I/We irrevocably and unconditionally: i undertake to purchase the Commodity Asset from CGC after CGC have purchased the Commodity Asset from the Commodity Trader acceptable to CGC.


More Definitions of Commodity Trader

Commodity Trader means any commodity trader, supplier or broker acceptable to CGC for the purpose of buying or selling of the Commodity Asset;
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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 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 means any material, article, supply, goods, or equipment.

  • Commodity Hedging Agreement means a commodity price risk management or purchase agreement or similar arrangement (including commodity price swap agreements, forward agreements or contracts of sale which provide for prepayment for deferred shipment or delivery of oil, gas or other commodities).

  • 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.

  • 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.

  • Securities Entitlement means the rights and property interests 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.

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

  • Security Entitlement The meaning specified in Section 8-102(a)(17) of the UCC.

Most Referenced Clauses

Most Referenced Definitions