Commodity Put Option definition

Commodity Put Option means, with respect to all or part of a Required Outstanding Loan Balance, a cash-settled put option exercisable by the Borrower as contemplated in Article 5.11 of these General Conditions.
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Commodity Put Option means the right of the Option Purchaser to receive the Exercise Settlement Amount on exercise of the Option, provided that the Floating Price is lower than the Strike Price for the Calculation Period in question.
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Examples of Commodity Put Option in a sentence

  • The notional quantity of the Purchase of a Commodity Put Option serves merely to calculate the respective payments.

  • Type An Over the Counter (OTC) derivative contract – Purchase of a Commodity Put Option Objectives Commodity Put Options are used for managing commodity price risks.

  • When purchasing the Commodity Put Option you pay an option premium which is not refundable.

  • There is a single example of /t/ palatalizing to [ʃ] instead of [s] (/ja-fat-je/ [jafaʃe] ‘s/he held’; Ntihirageza 1993: 33, 95).

  • A Commodity Put Option is an agreement between two contracting parties (client/UniCredit Bank Czech Republic and Slovakia, a.s.) where you, as the buyer of the Commodity Put Option, have the right but not the obligation to sell the underlying commodity for a specific notional quantity at an agreed strike price on pre-determined future dates (fixing dates) during the contractually agreed term.

  • A Commodity Put Option is an agreement between two contracting parties (client/UniCredit Bank S.A.) where you, as the buyer of the Commodity Put Option, have the right but not the obligation to sell the underlying commodity for a specific notional quantity at an agreed strike price on pre-determined future dates (fixing dates) during the contractually agreed term.

  • A Commodity Put Option is an agreement between two contracting parties (client/UniCredit Bank Czech Republic and Slovakia, a.s., organizačná zložka UniCredit Bank Czech Republic and Slovakia, a.s., pobočka zahraničnej banky) where you, as the buyer of the Commodity Put Option, have the right but not the obligation to sell the underlying commodity for a specific notional quantity at an agreed strike price on pre-determined future dates (fixing dates) during the contractually agreed term.

  • As at December 31, 2005, the Company had fulfilled the terms of the Collar.During 2004, the Company entered Commodity Put Option to sell 2500 GJ of gas per day to a third party from May 1, 2004 to October 31, 2004 at a strike price of $5 per GJ and a total premium cost to the Company of$65,780 based on $0.143 per GJ.

  • A Commodity Put Option is an agreement between two contracting parties (client/UniCredit Bank Hungary Zrt.) where you, as the buyer of the Commodity Put Option, have the right but not the obligation to sell the underlying commodity for a specific notional quantity at an agreed strike price on pre-determined future dates (fixing dates) during the contractually agreed term.

Related to Commodity Put Option

  • 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.

  • 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:

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

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

  • Specified Derivatives Contract means any Derivatives Contract that is made or entered into at any time, or in effect at any time now or hereafter, whether as a result of an assignment or transfer or otherwise, between the Borrower or any Subsidiary of the Borrower and any Specified Derivatives Provider.

  • Net Swap Receipt With respect to any Distribution Date, any net payment (other than a Swap Termination Payment) made by the Swap Provider to the Trust on the related Floating Rate Payer Payment Date (as defined in the Interest Rate Swap Agreement).

  • 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.

  • Swap means any agreement, contract, or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.

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

  • Certificated Security The meaning specified in Section 8-102(a)(4) of the UCC.

  • Commodity means any material, article, supply, goods, or equipment.

  • Client Securities Rules means the Securities and Futures (Client Securities) Rules (Cap 571H of the Laws of Hong Kong).