Trading capacity Sample Clauses

The Trading Capacity clause defines the role or status under which a party enters into transactions, such as acting as principal or agent. In practice, this clause clarifies whether a party is trading on its own behalf or on behalf of a client, which can affect obligations, liability, and regulatory requirements. Its core function is to ensure transparency and prevent misunderstandings about each party's responsibilities and the nature of their commitments in trading activities.
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Trading capacity. (a) The Shipper can trade some or all of its Contracted Capacity (the capacity the Shipper trades is referred to in this document as Traded Capacity) by entering into an agreement with another person (Bare Transfer). (b) The Shipper can only effect a Bare Transfer of traded capacity if: it has provided the Service Provider reasonable notice of its intention to undertake a Bare Transfer; its obligations under this document, including its obligations to pay Service Charges in respect of Service provided to the Shipper by the Service Provider in respect of the Traded Capacity, remain in force after the trade for all Contracted Capacity including the Traded Capacity; and this document is not changed because of the Bare Transfer. (c) The Shipper does not need the Service Provider's consent to effect a Bare Transfer.
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Trading capacity. 6.1 The Trades between the ODP Client or ODP Counterparty and the Company will be on a principal-to-principal basis. This means that the Company will act as principal under this Agreement and not as agent on the ODP Client or ODP Counterparty’s behalf, or on behalf of any third party. This also means that any Trades the ODP Client or ODP Counterparty executes on the Trading Platform are directly between the ODP Client or ODP Counterparty and the Company. The ODP Client or ODP Counterparty may also only act in a principal capacity when executing Transactions with the Company.
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Trading capacity. Subject to clause 13.7, a Bare Transfer to another person effected by the Shipper is only effective if:
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Trading capacity. 13.1 The Client hereby authorises the Member to trade as agent or principal on the Client’s behalf. 13.2 If the proposed trades are to be concluded off-market, the Client authorises that the Member shall have the sole discretion as to the counterparty that the Member shall elect to trade with on behalf of the Client. The counterparty shall be disclosed to the Client prior to trade.
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Trading capacity. Statnett and Fingrid shall inform Svenska Kraftnät in each case of how much of the trading to and from Sweden shall be reserved for transit on the Ivalo- Varangerbotn line. The reservation may be a maximum of the transmission capacity on the line. The trading capacity (NTC) for the Finnmark line is included in the trading scope of Nord Pool Spot’s Elspot trading and Elbas trading between Norway - Sweden and between Sweden - Finland.
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Related to Trading capacity

  • Maximum Capacity The Sick Leave Bank shall accumulate unused Bank days from year to year to a maximum capacity which shall not exceed double the number of eligible employees as defined in the above Section C, Eligibility for Membership.

  • Contract Capacity The electric power producing capability of the Generating Facility which is committed to Edison.

  • Stockholder Capacity No Person executing this Agreement who is or becomes during the term hereof a director or officer of the Company shall be deemed to make any agreement or understanding herein in his or her capacity as such director or officer. Stockholder signs solely in his, her or its capacity as the beneficial owner of the Subject Shares and nothing herein shall limit or prohibit Stockholder or any of its Representatives, in his or her capacity as an officer or director of the Company, from taking any action or failing to take any action in such capacity.

  • Shareholder Capacity By executing and delivering this -------------------- Agreement, Shareholder makes no agreement or understanding herein in his capacity as a director or officer of the Company or any subsidiary of the Company. Shareholder signs solely in his capacity as the beneficial owner of Shareholder's Shares and nothing herein shall limit or affect any actions taken by Shareholder in his capacity as an officer or director of the Company or any subsidiary of the Company.

  • SLEEPING CAPACITY/DISTURBANCES Tenant and all other occupants will be required to vacate the premises and forfeit the rental fee and security deposit for any of the following: Occupancy exceeding the sleeping capacity, using the premises for any illegal activity, causing damage to the premises rented or to any of the neighboring properties and any other acts which interfere with neighbors' right to quiet enjoyment of their premises. iTrip or the Owner, does not assume any liability for loss, damage or injury to persons or their personal property. Neither does the owner accept any liability for any inconveniences, damage, loss or injury arising from any temporary defects or stoppage in supply of water, gas, cable service, electricity or plumbing, as well as due to weather conditions, natural disasters, acts of God, or other reasons beyond its control. Tenant hereby acknowledges that the premises they have reserved may include a pool and the undersigned agrees and acknowledges that the pool and patio/deck can be dangerous areas, that the deck/patio can be slippery when wet, and that injury may occur to anyone who is not careful. With full knowledge of the above facts and warnings, the undersigned Tenant accepts and assumes all risks involved to Tenant and all of Tenant's guests in or related to the use of the community pool and patio areas.