Forward sale definition
Forward sale means any transaction that involves the transfer, sale, assignment or other disposition by the issuer, any guarantor or any of their respective subsidiaries of any right to payment under a contract for the sale of crude oil or gas that is not yet earned by performance, or any interest in such a contract, whether in the form of an account receivable, negotiable instrument or otherwise.
Forward sale means an obligation to deliver oil, gas or other minerals to be acquired or produced in the future in consideration of advance payment therefor.
Forward sale means any transaction involving the transfer, sale, assignment or other disposition by the Issuer, the Guarantor, the Subsidiary Guarantors or any of their Subsidiaries of any right to payment under a contract for the sale of crude oil or gas not yet earned by performance, or any interest therein, whether in the form of an account receivable, negotiable instrument or otherwise.
More Definitions of Forward sale
Forward sale means an obligation to deliver oil, gas or other minerals to be acquired or produced in the future in consideration of advance payment
Forward sale means any transaction involving the transfer, sale, assignment or other disposition by the Issuer, the Guarantors or any of their Subsidiaries of any right to payment under a contract for the sale of crude oil or gas not yet earned by performance, or any interest therein, whether in the form of an account receivable, negotiable instrument or otherwise.
Forward sale means a contract entered into pursuant to this Agreement ------------ relating to the sale of Gold by the Borrower to any Bank for delivery at a specified future date.
Forward sale means any transaction involving the transfer, sale, assignment or other disposition by the Issuer, the Guarantor, any Subsidiary Guarantor or any of their