Commodity Option Buyer definition

Commodity Option Buyer means, in respect of an Option, the party specified as such in the related Confirmation.
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Examples of Commodity Option Buyer in a sentence

  • If “Physical Settlement” or “Contract Settlement” is specified to be applicable to the Swaption, it means that Commodity Option Seller grants to Commodity Option Buyer pursuant to the Swaption the right to cause the Underlying Transaction to become effective.

  • If “Cash Settlement” is specified to be applicable to the Option, it means that Commodity Option Seller grants to Commodity Option Buyer pursuant to that Option the right to cause Commodity Option Seller to pay Commodity Option Buyer the Cash Settlement Amount, if any, in respect of the Transaction (or, if that Option is a Swaption, the Underlying Transaction) on the Settlement Date.

  • Commodity Option Buyer will cause such executed written confirmation to be received by Commodity Option Seller within one Seller Business Day following the date that the Notice of Exercise or Commodity Option Seller’s demand, as the case may be, becomes effective.

  • We introduce a family of tuple operators to simplify the following discussion.

  • A Commodity Option constitutes a derivative transaction under which (unless the Parties agree otherwise) the Commodity Option Buyer shall have the right to request payment of the Cash Settlement Amount (provided that such amount exists) from the Commodity Option Seller on the Settlement Date.

  • Upon entering into the Commodity Option, the Customer and the Bank shall agree on the following Transaction Terms: 1/ Commodity; 2/ Notional Quantity; 3/ Option Style: European/ Asian; 4/ Option Type: Put/Call; 5/ Commodity Option Seller; 6/ Commodity Option Buyer; 7/ Commodity Reference Price; 8/ Specified Price; 9/ Delivery Date; 10/ Pricing Date(s); 11/ Strike Price per Unit; 12/ Total Premium or Premium Per Unit; 13/ Expiration Date; and 14/ Settlement Date(s).

  • For a Transaction that is, or is described in its Confirmation as, a swaption, the Commodity Option Seller grants the Commodity Option Buyer the right by Notice of Exercise to cause the Underlying Transaction to become effective.

  • The Commodity Option Buyer shall pay the Total Premium to the Commodity Option Seller on the Premium Payment Date.

  • For Transactions to which this paragraph 6(c) applies, the Commodity Option Seller grants the Commodity Option Buyer the right to cause the Commodity Option Seller to either, depending on whether the commodity option is a Call or a Put, purchase (and take delivery of) or sell (and deliver) a number of Units not exceeding the Quantity on the Settlement Date in return for the Fixed Amount.

  • For purposes of the exchange offer, each option that you hold that was granted on any given date is considered to be one option.

Related to Commodity Option Buyer

  • Commodity option means an account, agreement, or contract giving a party to the account, agreement, or contract the right but not the obligation to purchase or sell one or more commodities or one or more commodity contracts, whether characterized as an option, privilege, indemnity, bid, offer, put, call, advance guaranty, decline guaranty or otherwise, but shall not include an option traded on a national securities exchange registered with the United States securities and exchange commission.

  • Net Share Settled in relation to any Warrant means that Net Share Settlement is applicable to that Warrant.

  • Commodity Price Protection Agreement means, in respect of a Person, any forward contract, commodity swap agreement, commodity option agreement or other similar agreement or arrangement designed to protect such Person against fluctuations in commodity prices.

  • Treasury Transaction means any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price.

  • Commodity contract means a commodity futures contract, an option on a commodity futures contract, a commodity option, or another contract if the contract or option is:

  • Net Share Settlement Amount: For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Daily Option Value For any Valid Day, an amount equal to (i) the Option Entitlement on such Valid Day, multiplied by (ii) (A) the lesser of the Relevant Price on such Valid Day and the Cap Price, less (B) the Strike Price on such Valid Day; provided that if the calculation contained in clause (ii) above results in a negative number, the Daily Option Value for such Valid Day shall be deemed to be zero. In no event will the Daily Option Value be less than zero.

  • Treasury Transactions means any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price.

  • Commodity Interests means commodity futures contracts, options on commodity futures contracts, and options on physical commodities traded on or subject to the rules of:

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Commodity customer means a person for which a commodity intermediary carries a commodity contract on its books.

  • Company Optionholders means the holders of Company Options.

  • Futures Contract Option means an option with respect to a Futures Contract.

  • Company Optionholder means a holder of Company Options.

  • Commodity Exchange Act means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.

  • Company Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Commodity Agreement means any forward contract, commodity swap, commodity option or other financial agreement or arrangement relating to, or the value of which is dependent upon, fluctuations in commodity prices.

  • Company Option Plans means the following stock option plans of the Company: (a) the Amended and Restated 1989 Stock Plan, (b) the Amended and Restated 1996 Stock Incentive Plan and (c) the 2002 Nonqualified Stock Incentive Plan.

  • Share Settled in relation to any Option means that Net Share Settlement or Combination Settlement is applicable to that Option.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Commodity Hedging Agreement means a commodity hedging or purchase agreement or similar arrangement entered into with the intent of protecting against fluctuations in commodity prices or the exchange of notional commodity obligations, either generally or under specific contingencies.

  • Company Options means options to purchase shares of Company Common Stock.

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Uncertificated Securities Regulations means the Uncertificated Securities Regulations 2001;

  • Commodity intermediary means a person that:

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.