Commodity Account is any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

Commodity Account means an account maintained by a commodity intermediary in which a commodity contract is carried for a commodity customer.

Commodity Account. “Commodity Contract”; “Commodity Intermediary”; “Documents”; “Electronic Chattel Paper”; “Entitlement Order”; “Equipment”; “Financial Asset”; “Fixtures”; “Goods”, “Inventory”; “Letter-of-Credit Rights”; “Letters of Credit”; “Money”; “Payment Intangibles”; “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”; “Supporting Obligations”; and “Tangible Chattel Paper.”

Examples of Commodity Account in a sentence

Utility shall enter the cost of such fees and charges in its Purchased Electric Commodity Account, or its successor or another account designated by the Commission on current basis, subject to subsequent Commission review.
Value Date: Please update your Commodity Account records in accordance with the information set forth above.
Cash or any other property held in a Controlled Account shall not be transferred to any Deposit Account, Securities Account or Commodity Account of any Grantor that is not a Controlled Account or an Excluded Account.
Borrowers hereby agree to transfer, or cause to be transferred, by wire transfer of immediately available funds, all funds currently on deposit in the XX X’Xxxxx Commodity Accounts that are transferrable or withdrawable out of said accounts to the Commodity Accounts at ADMIS which are identified in the Commodity Account Pledge Agreement, and to provide written wire transfer confirmation to Lender immediately upon completion of said transfer.
No Pledgor shall hereafter establish and maintain any Securities Account or Commodity Account with any Securities Intermediary or Commodity Intermediary unless such Securities Intermediary or Commodity Intermediary, as the case may be, and such Pledgor shall have duly executed and delivered a Control Agreement with respect to such Securities Account or Commodity Account, as the case may be.

More Definitions of Commodity Account

Commodity Account has the meaning given to such term in the UCC.

Commodity Account means any “commodity account” as defined in the Code with such additions to such term as may hereafter be made.

Commodity Account means an account maintained by a commodity

Commodity Account has the meaning set forth in the Security Agreement.

Commodity Account. “Commodity Contract”, “Deposit Account”, “Document”, “Electronic Chattel Paper”, “General Intangible”, “Instrument”, “Investment Property”, “Letter-of-Credit Right”, “Money”, “Proceeds”, “Promissory Note”,

Commodity Account shall have the meaning set forth in Article 9 of the UCC.

Commodity Account. “Commodity Contract”, “Deposit Account”, “Document”, “Electronic Chattel Paper”, “Equipment”, “Fixture”, “General Intangible”, “Goods”, “Instrument”, “Inventory”, “Investment Property”, “Letter-of-Credit Right”, “Payment Intangible”, “Proceeds”, “Promissory Note”, “Software” and “Tangible Chattel Paper” have the respective meanings set forth in Article 9 of the NYUCC, and the terms “Certificated Security”, “Entitlement Holder”, “Financial Asset”, “Instruction”, “Securities Account”, “Security”, “Security Certificate”, “Security Entitlement” and “Uncertificated Security” have the respective meanings set forth in Article 8 of the NYUCC.