Contango Market definition

Contango Market means the market condition in which the price of a commodity for forward delivery is higher than the price that is quoted for spot settlement, or where a far forward delivery price is higher than a nearer forward delivery price.
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Contango Market the market condition in which the price of a commodity for forward delivery is higher than the price that is quoted for spot settlement, or where a far forward delivery price is higher than a nearer forward delivery price. “Continuation/Conversion Notice”: as defined in Section 4.3(ab). “Continue”, “Continuation” and “Continued”: the continuation of a EurocurrencyCDOR Loan or Term SOFR Loan from one Interest Period to the next Interest Period. “Contractual Obligation”: as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. “Controlled Account”: each Pledged Account that is subject to an Account Control Agreement. “Conversion to Approving Lenders Date”: with respect to any Declining Lender Notice, the Business Day on which the Administrative Agent receives such Declining Lender Notice; provided that if the Administrative Agent receives a Declining Lender Notice (a) after the time specified in Section 4.22(a) or (b) on any day that is not a Business Day, in the case of each of clause (a) and (b), the “Conversion to Approving Lenders Date” for such Declining Lender Notice shall be deemed to be the immediately succeeding Business Day. “Convert”, “Conversion” and “Converted”: a conversion of Base Rate Loans or Prime Rate Loans into Eurocurrency Loans, or a conversion of Eurocurrency Loans into Base Rate Loans or Prime Rate LoansLoans from one Type to another Type, which may be accompanied by the transfer by a Lender (at its sole discretion) of a Loan from one Applicable Lending Office to another. USActive 56005294.956005294.16- 41-
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Contango Market the market condition in which the price of a commodity for forward delivery is higher than the price that is quoted for spot settlement, or where a far forward delivery price is higher than a nearer forward delivery price. “Continuation/Conversion Notice”: as defined in Section 4.3(a) “Continue”, “Continuation” and “Continued”: the continuation of a Eurocurrency Loan from one Interest Period to the next Interest Period. “Contractual Obligation”: as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. “Controlled Account”: each Pledged Account that is subject to an Account Control Agreement. “Conversion to Approving Lenders Date”: with respect to any Declining Lender Notice, the Business Day on which the Administrative Agent receives such Declining Lender Notice; provided that if the Administrative Agent receives a Declining Lender Notice (a) after the time specified in Section 4.22(a) or (b) on any day that is not a Business Day, in the case of each of clause (a) and (b), the “Conversion to Approving Lenders Date” for such Declining Lender Notice shall be deemed to be the immediately succeeding Business Day. USActive 56005294.156005294.9 -39-
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Examples of Contango Market in a sentence

  • Subject to Section 2.5.6, the Company will -------------- apply the proceeds of the Revolving Loan to refinance the Company's obligations under the Existing Credit Agreement, to finance Permitted Contango Market Transactions, to fund acquisitions and capital expenditures, and for working capital and other lawful corporate purposes of the Company and its Subsidiaries.

  • The Company and its -------------------------------------- Subsidiaries may maintain Permitted Contango Market Transactions that do not exceed the amount permitted by the Risk and Product Management Policy Statement then in effect, so long as that policy is materially consistent with the requirements of Section 6.2.5.


More Definitions of Contango Market

Contango Market the market condition in which the price of a commodity for forward delivery is higher than the price that is quoted for spot settlement, or where a far forward delivery price is higher than a nearer forward delivery price. “Continuation/Conversion Notice”: as defined in Section 4.3(a) “Continue”, “Continuation” and “Continued”: the continuation of a Eurocurrency Loan from one Interest Period to the next Interest Period. “Contractual Obligation”: as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. “Controlled Account”: each Pledged Account that is subject to an Account Control Agreement. “Convert”, “Conversion” and “Converted”: a conversion of Base Rate Loans or Prime
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Related to Contango Market

  • JOBURG MARKET means Johannesburg Fresh Produce Market (SOC) Limited (trading as Joburg Market), a corporatized municipal entity incorporated in terms of the laws of the RSA under registration number 2000/023383/07 and with VAT registration number 4840195038, with its domicilium citandi et executandi situated at The Office of the CEO, 3rd Floor, Main Building, Joburg Market, 4 Fortune Road (off Heidelberg Road), City Deep, 2049, Johannesburg.

  • Flea market means a market place, other than a dealer's location licensed under this chapter, where a space or location is provided for a fee or compensation to a seller to exhibit and offer for sale or trade, motor vehicles to the general public.

  • Farmers market means a marketplace which operates seasonally, principally as a common market for Iowa-produced farm products on a retail basis for consumption elsewhere.

  • Generating Market Buyer means an Internal Market Buyer that is a Load Serving Entity that owns or has contractual rights to the output of generation resources capable of serving the Market Buyer’s load in the PJM Region, or of selling energy or related services in the PJM Interchange Energy Market or elsewhere.

  • Target Market “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Approved Market means the Over-the-Counter Bulletin Board, the Nasdaq Stock Market, the New York Stock Exchange or the American Stock Exchange.

  • Large group market means the health insurance market under which individuals obtain health

  • Spot Market means a commodity market in which commodities are sold for cash and promptly delivered when the transaction is settled, and other non-financial markets, such as forward markets for commodities;

  • Transient space marketplace means a marketplace or travel agency through which a person may offer transient accommodations to customers and through which customers may arrange for occupancies of transient accommodations. "Transient space marketplace" does not include a marketplace or travel agency that exclusively offers transient accommodations in the State owned by the owner of the marketplace or travel agency.

  • Marketplace means an online directory, catalog or marketplace of applications that interoperate with the Subscription Services.

  • Recognised Market means any stock exchange or market specified in the Prospectus provided that, with the exception of permitted investments in unlisted securities and off- exchange derivative instruments, investment in securities or financial derivative instruments will be made only in securities or financial derivative instruments listed or traded on an exchange or market (including derivative markets) which meets the regulatory criteria (regulated, operating regularly, recognised and open to the public) and which is listed in the Prospectus.

  • Stock Market means a securities market operated by a securities exchange;

  • NPCI means National Payments Corporation of India;

  • Marketplace seller means a seller that makes one or more retail sales through a marketplace that a marketplace facilitator owns, operates, or controls, regardless of whether the seller is required to be registered to collect and remit the tax under this part.

  • Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.

  • Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.

  • Trading means and includes subscribing, buying, selling, dealing, or agreeing to subscribe, buy, sell, deal in any securities, and "trade" shall be construed accordingly.

  • online marketplace means a service using software, including a website, part of a website or an application, operated by or on behalf of a trader which allows consumers to conclude distance contracts with other traders or consumers;

  • Market means in any part of the world:

  • Direct Marketing ’ means to approach a data subject, either in person or by mail or electronic communication, for the direct or indirect purpose of—

  • Margin Trading means Leverage trading when the Client may make Transactions having less funds on the Client Account in comparison with the Transaction Size.

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Principal Trading Market means the Trading Market on which the Common Stock is primarily listed on and quoted for trading, which, as of the date of this Agreement and the Closing Date, shall be the Nasdaq Capital Market.

  • Relevant Market means the market for overnight cash borrowing collateralised by US Government securities.

  • Regulated Market means any regulated market (as defined in Directive 2004/39/EC on markets in financial instruments).

  • Subsequent Market means the New York Stock Exchange, American Stock Exchange, Nasdaq SmallCap Market or Nasdaq National Market.