NYMEX Contracts definition
Examples of NYMEX Contracts in a sentence
Client acknowledges that if CIF enters into a transaction for NYMEX Contracts on NYMEX ACCESS for the account of Client: (i) the transactions are subject to the NYMEX Rules; and (ii) if Client is dealing in NYMEX Contracts for the benefit of another person.
To ascertain the relevant market prices of a replacement contract, the Notifying Party may consider, among other valuations, the settlement price of NYMEX Contracts, the Market Price quotations from leading dealers in Gas swap contracts, and other bona fide third party offers, adjusted as appropriate for the length of the remaining term and the basis differential in the event prices are calculated at delivery points that vary from the Delivery Points under the Transaction.