Commodity Trader definition

Commodity Trader means commodity trader(s) in the commodity market as arranged by the Bank;
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Commodity Trader means any commodity trader acceptable to the Bank for the purpose of buying or selling of the Commodity;
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Commodity Trader means any commodity trader, supplier or broker acceptable to CGC for the purpose of buying or selling of the Commodity Asset;
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Examples of Commodity Trader in a sentence

  • By this letter, I/we irrevocably and unconditionally request CGC to purchase the Commodity Asset from the Commodity Trader acceptable to CGC at CGC’s Purchase Price under the purchase transaction.

  • The proceeds from the sale of the Commodity Asset to the Commodity Trader shall be credited into the Customer’s financing account or in such manner as may be determined by CGC and shall be emplaced with the financing limit and with the expressed instruction from the Customer to CGC.

  • In accordance with Murabahah arrangement, the Customer shall request CGC to purchase the Commodity Asset from any Commodity Trader by issuing a Purchase Request at CGC’s Purchase Price which shall be in the amount equivalent to the Financing Facility granted to the Customer.

  • Subsequent to the purchase of the commodity by CGC on my / our behalf from CGC I / we hereby agree to appoint CGC to be my / our sale agent to sell the Commodity Asset at selling price equivalent to the Approved Financing Amount to any Commodity Trader as CGC may deem fit.

  • The Bank as agent will sell the Commodity to the Commodity Trader or any third party at the price equivalent to the amount of Purchase Price of the debt receivables and the proceeds after less other charges will be credited to the Customer’s designated account.

  • Subsequent to the purchase of the commodity by CGC on my / our behalf from CGC, I / we hereby agree to appoint CGC to be my / our sale agent to sell the Commodity Asset at selling price equivalent to the Approved Financing Amount to any Commodity Trader as CGC may deem fit.

  • By this letter, I/We irrevocably and unconditionally: i undertake to purchase the Commodity Asset from CGC after CGC have purchased the Commodity Asset from the Commodity Trader acceptable to CGC.


More Definitions of Commodity Trader

Commodity Trader means commodity trader(s) in the commodity market as arranged by MBSB Bank.
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Related to Commodity Trader

  • Commodity Agreement means any commodity futures contract, commodity swap, commodity option or other similar agreement or arrangement designed to protect against fluctuations in the price of commodities or to otherwise manage commodity prices or the risk of fluctuations in commodity prices.

  • 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 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.

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