Examples of LME Member in a sentence
PortabilityWhere there is an Event of Default (as defined in the LME rules) in relation to an LME Member, and a client wishes to transfer its positions from an account maintained with the defaulting LME Member to a solvent LME Member, it must notify the Exchange’s clearing house in accordance with the procedures set out by the Exchange’s clearing house from time to time.
Broker, as your FCM, will establish an account on your behalf with the LME Member Firm specifically referencing your name through which your LME transactions shall settle and be carried.
As a result, you will be the Principal Counterparty with LME Member Firm to any LME registered Contracts and LME Member Firm will identify you as the beneficial owner of the Contracts when reporting transaction and position information to the LME.
By signing this letter, you acknowledge that each LME Contract you settle and carry through us will be registered with the LME by LME Member Firm, and as such, will be subject to the Rules and Regulations of the LME.
The arrangements described in this letter have been put in place to enable you to receive LME registered Contracts as Principal to such contracts with the LME Member Firm who is the LME member and able to issue LME registered Contracts pursuant to LME rules.
Selection of RE Power Developers for Supply of 2250 MW of Round-the-Clock (RTC) Power from Grid- Connected Renewable Energy (RE) Power Projects, complemented with Power from any other source or storage in India under Tariff-based Competitive Bidding (RTC-III).2.
This account will be margined separately from any other accounts we may open with the LME Member Firm for the purpose of facilitating customer transactions on the LME.
One interviewee told the delegation that it is possible to have someone traffic a child for you: the trafficker will pretend a child is their own, obtain a visa for the child and then send the child to the ‘adopter’ in the UK.The delegation was informed that this system is exclusive to the UK.
LME Member firms benefit from a fee waiver on both the Standard and Premium LME Usage Licences;- Any party who has received an LME registered Client Contract1 in the last twelve (12) months can benefit from a fee waiver on the Standard LME Usage Licence, and receive a discount on the Premium LME Usage Licence;- Physical market participants, who use LME data as a reference in physical supply contracts, can benefit from a fee waiver on both the Standard and Premium LME Usage Licence.
Generally, we will post only cash margin to support your LME trades and the LME Member Firm has agreed to maintain any such cash margin posted on your behalf pursuant to FCA's Client Money Rules.