Commodities Contract definition

Commodities Contract means any commodities contract cleared by the Clearing
Commodities Contract means an agreement to purchase any product, including materials, equipment, and supplies, including associated incidental services.
Commodities Contract a contract (other than a master agreement) for the purchase, sale, storage, transfer, or exchange of commodities; or any futures, forward, exchange, swap or other derivatives contract or option or cap, collar, or floor transactions, or similar arrangements or similar transactions (i) in respect of commodities or (ii) relating to the purchase, sale, storage, transfer, or exchange of commodities that may have a fixed price, a floating price and floating differential, or other pricing basis.

Examples of Commodities Contract in a sentence

  • Commodity Code – The State’s numeric code for classifying Commodities Contract – The written agreement between the Department and the Contractor.

  • The State’s numeric code for classifying Commodities Contract – The written agreement between the Department and the Contractor.

  • Such Lien Grantor covenants that such Lien Grantor will cause, as promptly as practicable, each Commodity Contract owned by it with a fair market value in excess of $3,000,000 to be carried at all times in a Controlled Commodity Account; provided that NNL shall not be so obligated if the jurisdiction of the Commodity Intermediary for the Commodity Account in which such Commodities Contract is carried is not in the United States.

  • Contract Means an over the counter derivative agreement between you and us where the Underlyi ng Product is an FX Contract, Metal Contract, Index Contract or Commodities Contract which we nominate as available to underlie an Order.

  • Such Lien Grantor covenants that such Lien Grantor will thereafter cause, as promptly as practicable, each Pledged Commodity Contract owned by it with a fair market value in excess of $3,000,000 to be carried at all times in a Controlled Commodity Account; provided that the Lien Grantors shall not be so obligated if the jurisdiction of the Commodity Intermediary for the Commodity Account in which such Commodities Contract is carried is not in the United States.


More Definitions of Commodities Contract

Commodities Contract to read in its entirety as follows:
Commodities Contract means "commodities contract," as such term is defined in the UCC.

Related to Commodities Contract

  • securities contract means a contract for the purchase, sale, or loan of a security, including an option for the repurchase or sale of a security, certificate of deposit, or group or index of securities, including an interest therein or based on the value thereof, or an option entered into on a national securities exchange relating to foreign currencies, or the guarantee of a settlement of cash or securities by or to a securities clearing agency. For the purposes of this definition, the term “security” includes a mortgage loan, mortgage-related securities, and an interest in any mortgage loan or mortgage-related security.

  • Futures Contract means a Financial Futures Contract and/or Stock Index Futures Contracts.

  • Commodities Agreement means, in respect of a Person, any commodity futures contract, forward contract, option or similar agreement or arrangement (including derivative agreements or arrangements), as to which such Person is a party or beneficiary.

  • Commodities means the Commodities , raw materials, machines, equipments and/or other materials that should be provided by the Supplier to the Buyer under the Contract.

  • Commodity Agreements means, in respect of any Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement in respect of Hydrocarbons used, produced, processed or sold by such Person that are customary in the Oil and Gas Business and designed to protect such Person against fluctuation in Hydrocarbon prices.