First Nearby Month definition

First Nearby Month means the most recent month for which trading is being transacted, or the spot month.
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First Nearby Month means the month of expiration of the first Futures Contract to expire following the Pricing Date; (ii) “Second Nearby Month” means the month of expiration of the second Futures Contract to expire following the Pricing Date; and (iii) “Sixth Nearby Month” means the month of expiration of the sixth Futures Contract to expire following the Pricing Date.
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First Nearby Month means the month of expiration of the first Futures Contract to expire following that Valuation Date;
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Examples of First Nearby Month in a sentence

  • In respect of Brent Crude Oil: Brent blend light crude oil on the Intercontinental Exchange (the "ICE", "Exchange" and "Price Source") for the settlement price (the "Specified Price") for the First Nearby Month (the "Delivery Date") futures contract, stated in U.S. Dollars per barrel, as made public by the Price Source on Pricing Date.

  • Front Month: In respect of the Futures Contract, the First Nearby Month, providedthat if the day on which the Commodity Reference Price is observed is the same as or subsequent to the First Notice Date or Last Trade Date in respect of that Futures Contract, then the Delivery Date applicable to such day shall be the Second Nearby Month.

  • In respect of WTI Crude Oil: West Texas Intermediate light sweet crude oil on the New York Mercantile Exchange (the "NYMEX", "Exchange" and "Price Source") for the settlement price (the "Specified Price") for the First Nearby Month (the "Delivery Date") futures contract, stated in U.S. Dollars per barrel, as made public by the Price Source on Pricing Date.

  • In respect of Brent Crude Oil:Brent blend light crude oil on the Intercontinental Exchange (the "ICE", "Exchange" and "Price Source") for the settlement price (the "Specified Price") for the First Nearby Month (the "Delivery Date") futures contract, stated in USD per barrel, published by the Price Source on Pricing Date.

  • Trading in the First Nearby Month shall cease on the Trading Day immediately preceding the last day of trading in the First Nearby Month of the DME Oman Crude Oil Futures Contract for the corresponding delivery month.

  • Front Month: In respect of the Futures Contract, the First Nearby Month, providedthat if the day on which the Commodity Reference Price is observed is the same as or subsequent to the First Notice Date or Last Trade Date in respect of that Futures Contract, then the Delivery Date applicable to such day shall be the Second Nearby Month.First Notice Date: In respect of the Futures Contract, the first date on which a party to suchFutures Contract may demand delivery of the Commodity.

  • The Floating Price for each Contract Month is equal to the First Nearby Month daily settlement price determined by ICE for the ICE Brent Crude Futures Contract on the penultimate NYMEX Trading Day for the ICE Brent Crude Futures Contract for the corresponding delivery month.

  • First Nearby Month, unless the Pricing Date falls on the Last Trading Day of the relevant Futures Contract in which case the Delivery Date will be rolled to the Second Nearby Month.

  • The USFSA is the national governing body for the sport of figure skating in the US.

  • The Floating Price for each Contract Month is equal to the First Nearby Month daily settlement price determined by NYMEX, Inc.


More Definitions of First Nearby Month

First Nearby Month means, in respect of a Delivery Date, the month of expiration of the first Futures Contract to expire immediately following the Valuation Date (excluding any Futures Contract that is due to expire on such date).
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First Nearby Month means, in respect of the Underlying Asset and any relevant date, the month of expiration of the first Commodity Contract to expire following such relevant date.
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First Nearby Month means the most recent month for which trading is being transacted, or the spotmonth.
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First Nearby Month means the month of expiration of the first Futures Contract to expire following any Pricing Date (“Pricing Datet”) or, as the
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First Nearby Month means, in respect of a Delivery Date, the month of expiration of the first Futures Contract to expire immediately following an Observation Date, a Valuation Datet or the Final Valuation Date, as the case may be, (excluding any Futures Contract that is due to expire on such date).
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First Nearby Month. ’ means, in respect of a Pricing Date, the month of expiration of the first Futures Contract to expire following each Pricing Date.
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Related to First Nearby Month

  • Month means calendar month.

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • A month means a month according to Gregorian calendar.

  • Operating Month for a Shipper or Transferor means any calendar month in which Carrier either transports Crude Petroleum or recognizes and records a change in ownership of Crude Petroleum for the account of such Party. For purposes hereof the calendar month shall be deemed to begin at 7:00 a.m. (Central Time) on the first day of such month.

  • License Term means the duration of a License as specified in the Order.

  • Commencement Date means the date of this Agreement;

  • First Anniversary means the first anniversary of the Closing Date.

  • Three-Month Term SOFR Conventions means any determination, decision or election with respect to any technical, administrative or operational matter (including with respect to the manner and timing of the publication of Three-Month Term SOFR, or changes to the definition of “interest period,” timing and frequency of determining Three-Month Term SOFR with respect to each interest period and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Calculation Agent decides may be appropriate to reflect the use of Three-Month Term SOFR as the Benchmark in a manner substantially consistent with market practice (or, if the Calculation Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Calculation Agent determines that no market practice for the use of Three-Month Term SOFR exists, in such other manner as the Calculation Agent determines is reasonably necessary).

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

  • Anniversary Year The one-year period beginning on the Closing Date and ending on the first anniversary thereof, and each subsequent one-year period beginning on the day after the end of the preceding Anniversary Year and ending on next succeeding anniversary of the Closing Date.

  • Anniversary Each anniversary of the Cut-off Date.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • License year means the period of time for which a

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Extension Term means the time period defined in §2.C.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Wind-Down Period has the meaning set forth in Section 10.6(c).

  • Lease Period means each of the consecutive periods throughout the Basic Term and any Renewal Term ending on a Lease Period Date, the first such period commencing on and including the Delivery Date.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Royalty Term means, on a country-by-country basis, the period commencing on the First Commercial Sale of a Licensed Product in a country and ending on the latest of (a) ** thereafter, (b) expiration of the last-to-expire Valid Claim of a Licensed Patent that Covers the composition of matter of the Licensed Product in the country in which it is sold, or (c) the expiration of all Regulatory Exclusivity Rights with respect to such Licensed Product in the country in which it is sold.