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

Subject to Borrowers’ agreements set forth in this Amendment, and the satisfaction of the conditions to the effectiveness of this Amendment, Lender hereby consents to EGT closing or otherwise discontinuing the use of each Commodity Account with XX X’Xxxxx and transferring all funds that are transferrable or withdrawable out of said accounts to the Commodity Accounts at ADMIS that are identified in the Commodity Account Pledge Agreement.
EGT agrees to abide by the terms of such Commodity Account Pledge Agreement and, if any provision thereof conflicts with any provision of this Agreement respecting Lender’s rights with respect to the Commodity Account, the provision in the Commodity Account Pledge Agreement shall control.
EGT shall comply with the requirements and all margin calls of such brokerage firm and shall maintain the Commodity Account in good standing.
The Borrowers shall, or shall cause XX X’Xxxxx to, within thirty (30) days after the end of each month, deliver to Lender account statements for the Commodity Account.
EGT will direct EGT’s broker to furnish to Lender duplicate copies of all notices concerning Commodity Account transactions and will furnish directly to Lender copies of all notices concerning Commodity Account transactions sent to EGT.

More Definitions of Commodity Account

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

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

Commodity Account means an account maintained by a

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.