Examples of Physical Contract in a sentence
Subject to the terms of any particular EFP Transaction, in relation to each EFP Transaction, upon our becoming bound to Futures Contracts entered into in replication of the Physical Contract, the Physical Contract shall be automatically discharged.
Subject to the terms of any particular Reverse EFP Transaction, in relation to each Reverse EFP Transaction, the Physical Contract with you shall arise automatically upon the closing out (including by creation of opposite positions, on the relevant Market) of the Futures Contracts which the Physical Contract is intended to replace.
If the Seller is not a Primary Supplier and the Physical Contract is not a First Primary Sale, then the Seller must give the Buyer the Layday Notice within one (1) business hour after the time the Seller received notice of the Laydays from the Seller’s Suppliers and by no later than 18:00 (Singapore time) on the fifteenth (15th) day of Prior Month (or, if that day is not a Singapore Business Day then by 18:00 (Singapore time), on the preceding Singapore Business Day).
The risk and title in the Oil delivered under the terms of the Physical Contract shall pass to the Buying Customer at Mina Al Fahal Terminal as the Oil passes the loading Vessel's permanent hose connection.
The client has permitted the member brokers to provide Electronic Contract Notes - ECN (Here & after referred to as Electronic Document) authenticated by the means of digital signature in substitute of Physical Contract Notes.
The risk and title in the Oil transfers under the terms of the Physical Contract at the Floating Storage shall pass from the Selling Customer to the Buying Customer at the nominated Vessel’s manifold.
If the Seller is a Primary Supplier and the Physical Contract is the Seller's first sale of the Oil (a First Primary Sale) then the Seller must give the Buyer the Layday Notice by 17:00 (Singapore time) on the next Singapore Business Day following after the Loading Schedule publication date.
ADDITIONAL DETAILS • Whether you wish to receive physical contract note or Electronic Contract Note (ECN) (please specify) : Physical Contract Note Electronic Contract Note Specify your Email id, if applicable : ...........................................................................................................................................................................
Subject to the terms of any particular Reverse EFP Transac tion, in relation to each Reverse EFP Transaction, the Physical Contract with you shall arise automatically upon the closing out (including by creation of opposite positions, on the relevant Market) of the Futures Contracts which the Physical Contract is intended to replace.
Whether you wish to receiveElectronic Contract Note (ECN) which may be sent at your email id as stated in KYC OR Physical Contract noteWhether you wish to avail of the facility of Internet TradingYes NoIf Yes, whether you wish to avail facility of Mobile TradingYes NoNumber of years of Investment / Trading ExperienceAny other information: H.