LME Lot definition

LME Lot. , in relation to a Base Metal, means, a lot (or quantity) of such Base Metal consisting of Bundles of such Base Metal, meeting the LME Physical Contract Specifications from time to time in effect, pursuant to which, in the case of Copper, each Lot weighs 25 metric tonnes (+/- 2%) and in the case of Nickel, each Lot weighs 6 metric tonnes (+/- 2%).”
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LME Lot. , in relation to a Base Metal, means, a lot (or quantity) of such Base Metal which meets the applicable LME Physical Contract Specifications, including as to lot size, pursuant to which, in the case of Copper, each LME Lot weighs 25 metric tonnes (+/- 2%) and in the case of Nickel, each LME Lot weighs 6 metric tonnes (+/- 2%).
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Examples of LME Lot in a sentence

  • In the case of ETC Securities backed by a Base Metal, unless otherwise specified in the Final Terms, the Minimum Subscription Amount will be such number of ETC Securities of the relevant Series as would, as of the relevant Subscription Trade Date, have an aggregate Metal Entitlement equal to no less than the weight represented by one standard LME Lot of the relevant Base Metal (being at the date of this Base Prospectus25.0 metric tonnes for Copper and 6.0 metric tonnes for Nickel).

Related to LME Lot

  • Mobile home lot means a portion of a mobile home park or

  • Harvest lot means a specifically identified quantity of marijuana that is, cultivated utilizing the same growing practices and harvested within a 72 hour period at the same location and cured under uniform conditions.

  • Corner lot means a Lot situated at the intersection of and abutting upon two Streets, or upon two parts of the same Street, the adjacent sides of which Street or Streets, (or, in the case of a curved corner, the tangents at the Street extremities of the Side Lot Lines) contain an angle of not more than 135 degrees. In the case of a curved corner, the corner of the Building Lot shall be that point on the Lot Line abutting a Street nearest to the point of intersection of the said tangents.

  • Apartment Dwelling means any dwelling unit within a building containing more than four dwelling units where the units are connected by an interior corridor;

  • Manufactured dwelling park means a place where four or more manufactured dwellings

  • Multi-family dwelling means a structure that contains more than one separate dwelling unit, which is used, or occupied, or intended to be used or occupied, in whole, or in part as the home or residence of one or more persons.

  • Through lot - means a lot bounded on two opposite sides by streets.

  • new dwelling means, for the purposes of the definition of “second authority” and paragraphs 91, 98 and 103, the dwelling to which an applicant has moved, or is about to move, in which the applicant will be resident;

  • Single-family dwelling unit means a structure that is usually occupied by just one household or family and for the purposes of this Policy is expected to generate an average of 250 gallons per day of wastewater.

  • Multiple-family dwelling means a property containing 5 or more residential units, including those which are occupied seasonally.

  • Side lot line means a lot line other than a front or rear lot line.

  • private dwelling means any part of a structure that is occupied as a residence, or any part of a structure or outdoor living area that is accessory to, and used wholly for the purposes of, a residence;

  • Manufactured dwelling means a residential trailer, a mobile home or a manufactured

  • Finished Lots means, Entitled Land (i) that has been legally subdivided for the construction of Housing Units, (ii) that has been graded substantially in accordance with all grading plans approved by the applicable agencies and contains level building pads (except for any fine or precise grading to be completed immediately prior to vertical construction), (iii) that has all water, sewer, electrical and other utility services for planned residences installed and stubbed to the lot behind the sidewalk, (iv) that has all storm drain, sewer, curb, gutter, sidewalk and pavement for public access constructed and installed, except for any final lift of the streets and lateral connections to Housing Units, (v) that has all property corners surveyed and marked and any required survey monumentation installed, and (vi) with respect to which all applicable development fees (including, without limitation, school and development impact fees) that are required to be paid prior to obtaining a building permit have been paid other than building permit and plan check fees. Except as otherwise expressly provided in this Agreement, the term “Finished Lot” shall not include any Land upon which the construction of a Housing Unit has commenced.

  • Single-family dwelling means a private residence provided with sleeping and cooking facilities intended for domestic use and in which the occupants live as a single housekeeping unit that is not part of a Multiple Dwelling;

  • Accessory dwelling unit means a habitable living unit added to, created within, or detached from a primary single-family dwelling and contained on one lot.

  • Non-Retail Behind The Meter Generation means Behind the Meter Generation that is used by municipal electric systems, electric cooperatives, or electric distribution companies to serve load.

  • Jumbo Mortgage Loan is a collective reference to Jumbo Mortgage Loans (Standard Limit) and Jumbo Mortgage Loans (Specialty).

  • Front Lot Line means the front lot line as defined in the Town's Zoning By-law No. 1136 (1987), as amended, or any successor thereto.

  • Shopping mall means an enclosed public walkway or hall area that serves to connect retail or professional establishments.

  • Lots means all or any machinery and other items sold or intended to be sold in accordance with these conditions; “Purchaser” means a person, firm or Company who purchase any Lot;

  • Master plumber means an individual who possesses the necessary skills and qualifications to plan and supervise the installation of plumbing and who is licensed as a master plumber.

  • Multiple Dwelling means a building containing three or more dwelling units.

  • Loose-fitting facepiece means a respiratory inlet covering that is designed to form a partial seal with the face.

  • FHA Approved Mortgagee A corporation or institution approved as a mortgagee by the FHA under the Act, and applicable HUD regulations, and eligible to own and service mortgage loans such as the FHA mortgage loans.