Buying Customer definition

Buying Customer means the customer of a Buyer Clearing Member or such Buyer Clearing Member if the Buyer Clearing Member is acting for its own account.
Sample 1Sample 2Sample 3

Examples of Buying Customer in a sentence

  • The Selling Customer and the Buying Customer shall furnish the expert with all written or oral information that the expert may reasonably require for his determination.

  • Any loss of or damage to the Oil during loading, if caused by the Vessel or her officers or crew, shall be for the account of the Buying Customer.

  • The cost of the services of the expert, if appointed, shall be shared equally between the Selling Customer and the Buying Customer.

  • If any or all of the Delivery Documents are not presented the Buying Customer may agree to pay the Selling Customer for the delivery against presentation of those Delivery Documents that are presented and a Letter of Indemnity for the missing Delivery Documents duly executed by the Selling Customer or, if the Buying Customer chooses, duly executed and given jointly and severally by the Selling Customer and the Selling Customer's bank.

  • All other such charges shall be for the account of the Buying Customer.

  • The Selling Customer shall however use reasonable endeavours to recover from the Selling Customer’s Suppliers any demurrage for which the Buying Customer has presented a claim in accordance with the terms of the Physical Contract.

  • On the following Business Day, unless the Buyer Clearing Member or Buying Customer have notified the Clearing House that the Seller Clearing Member has Failed to Perform, the Clearing House shall, in accordance with the Clearing House Rules, liquidate the Buying Customer’s delivery margin and, when liquidation is complete, pay the Seller Clearing Member, which shall in turn pay the Selling Customer.

  • The Buying Customer shall not be entitled to recover demurrage from the Selling Customer except to the extent that the Selling Customer is able to recover such demurrage from the Selling Customer’s Suppliers and the Selling Customer shall not be obliged to pay any amounts in excess thereof.

  • The terms of each Physical Contract will be the obligations specified to apply to the Selling Customer and the Buying Customer in this Chapter 10.

  • On receipt of such notice of payment the Clearing House shall, in accordance with the Clearing House Rules, release the Buyer Clearing Member’s delivery margin to the Buyer Clearing Member, who shall in turn release the Buying Customer's margin to the Buying Customer.

Related to Buying Customer

  • DMA Customer means a Customer of a Sponsoring Broker where representatives of the Customer that are natural persons are designated by the Sponsoring Broker to have Trading Access to the SEF Platform using the Participant ID of the Sponsoring Broker and where such Customer signs the DMA Customer Documentation.

  • TCP Customers We will not impose Credit Management Charges unless the Charges are a reimbursement of our costs and you are advised of their amount or method of calculation.

  • Indigent Customer means the head of an indigent household:-

  • End Customer means any party that is licensed to receive the Data either directly or via a Redistributor or group of Redistributors.

  • New Customer has the meaning set forth in Section 17.3(b).

  • Business Customer means a customer who is not a residential customer.

  • Existing Customer means an individual who has purchased goods or services from a person, who is the recipient of a voice communication from that person, and who either paid for the goods or services within the 12 months preceding the voice communication or has not paid for the goods and services at the time of the voice communication because of a prior agreement between the person and the individual.

  • Relevant Customer means a person, firm or company who during the period of twelve months immediately preceding the Termination Date conducted a business relationship (including, without limitation, the provision of services and the negotiation for the same) with the Company or any Group Company and with whom the Executive had significant contact as an employee of the Company;

  • Host Customer means the customer account directly connected to a Customer-Generator Facility or Community Energy Facility, or, for a stand-alone Community Energy Facility, the customer account as designated by the Subscribers who share the energy production of the Community Energy Facility.

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • End-Use Customer means a person or entity in Delaware that purchases electrical energy at retail prices from a Retail Electricity Supplier.

  • wholesale customer means a natural or legal person purchasing electricity for the purpose of resale inside or outside the system where he is established;

  • Net metering customer means a customer of the electric distribution company

  • household customer means a customer purchasing electricity for his own household consumption, excluding commercial or professional activities;

  • Network Customer means an entity receiving transmission service pursuant to the terms of the Transmission Provider’s Network Integration Transmission Service under Tariff, Part III. Network External Designated Transmission Service:

  • Top Customers has the meaning specified in Section 4.28(a).

  • Customer means the State agency or other entity identified in a contract as the party to receive commodities or contractual services pursuant to a contract or that orders commodities or contractual services via purchase order or other contractual instrument from the Contractor under the Contract. The “Customer” may also be the “Buyer” as defined in the PUR 1001 if it meets the definition of both terms.

  • End User Customer means a third party retail Customer that subscribes to a Telecommunications Service provided by either of the Parties or by another Carrier or by two (2) or more Carriers.

  • Native Load Customers means the wholesale and retail power customers of a Transmission Owner on whose behalf the Transmission Owner, by statute, franchise, regulatory requirement, or contract, has undertaken an obligation to construct and operate the Transmission Owner’s system to meet the reliable electric needs of such customers.

  • Data Supplier means a third party supplier of Market Data.

  • Company Customer means a person or entity for whom the Company or any of its Subsidiaries was providing services either at the time of, or at any time within the twelve (12) months preceding the Termination Date, and for whom the Participant had direct contact with and/or carried out or oversaw a material business responsibility during said twelve (12) month period or about whom the Participant had exposure to or received Confidential Information as a result of the Participant’s employment with the Company or any of its Subsidiaries.

  • active customer means a customer or a group of jointly acting customers who consume, store or sell electricity generated on their premises, including through aggregators, or participate in demand response or energy efficiency schemes provided that these activities do not constitute their primary commercial or professional activity;

  • Major Customer has the meaning set forth in Section 3.22.

  • Residential customer means a customer who consumes gas solely for domestic use.

  • New Service Customers means all customers that submit an Interconnection Request, a Completed Application, or an Upgrade Request that is pending in the New Services Queue. New Service Request:

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.