Trading Unit definition

Trading Unit have the meanings given to such terms in the BSC, save that references to Metering Equipment within the definition of “Material Change” shall be replaced by references to Facility Metering Equipment.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Trading Unit means one fine troy ounce.

Trading Unit means, in the case of Gold, one fine troy ounce; in the case of Silver, Platinum or Palladium, one troy ounce; and in the case of Copper or Nickel, one metric tonne.

Examples of Trading Unit in a sentence

A Bondholder who, as a result of trading such amounts, holds an amount which is less than the Minimum Trading Unit in its account with the CSD will not be able to sell the remainder of such holding without first purchasing a principal amount of the Bonds at or in excess of the Minimum Trading Unit such that its holding amounts to the Minimum Trading Unit or above.
In case a Bondholder who, as a result of a partial redemption (as specified in Clause 9.4 (Voluntary partial redemption) and Clause 9.5 (Voluntary partial redemption upon an Equity Claw Back (call option)), holds an amount which is less than the Minimum Trading Unit in his account would need to purchase a principal amount of Bonds such that the aggregated Nominal Amount held by that investor, equals or exceeds the Minimum Trading Unit.
Commodity IR64 White Long Grain Rice (Indian Origin) as per specifications attached herewith in annexure -1 Contract Quantity 800 MT Delivery Location Free on Board Stuffed in Container (FOBSC)/ Load from Any Indian Port at the discretion of buyer Trading Unit MT (Metric Tonnes) Price Quote Rs. per Mt (inclusive of Goods and Services Tax (“GST”), Mandi Fee or any other fee & taxes) Excluding Custom Duty.
The minimum amount of Bonds to be transferred by or to any Bondholder may not be less than the Minimum Trading Unit.

More Definitions of Trading Unit

Trading Unit means the smallest, discrete unit of organization within a group containing a core credit institution, that is used to trade in homogenous financial instruments. Trading unit is not defined by reference to legal entities.

Trading Unit means the volume of derivatives contracts.

Trading Unit means (i) a unit consisting of a Newco Common Share and a CN Voting Share, which shall be required by the constating documents of each Corporation to be traded together; or (ii) a unit consisting of a CN Exchangeable Share and a CN Voting Share, which shall be required by the constating documents of CN to be traded together; for greater certainty, Trading Units are not securities independent of the shares they represent.

Trading Unit means the trading unit of the Bonds shall be

Trading Unit means [If the Metal is Gold, text will apply or be inserted – one fine troy ounce.][If the Metal is Silver, Platinum or Palladium, text will apply or be inserted – one troy ounce.]

Trading Unit means [If the Metal is Gold, text will apply if Long-Form Conditions or be inserted if Integrated Conditions – one fine troy ounce.][If the Metal is Silver, Platinum or Palladium, text will apply if Long-Form Conditions or be inserted if Integrated Conditions – one troy ounce.]

Trading Unit. [with respect to a Share] means [number] [the number specified in relation to the relevant Share in the table in the definition of "Share"].]