Derivatives Agent definition

Derivatives Agent means a person who is given a license to engage as an agent in business of trading in derivatives with others including provides service or holds himself out to the general public as being ready to act as Derivatives Agent.
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Derivatives Agent means a person who is given a license to undertake the Derivatives Agent business both on the Futures Exchange and over-the-counter and provides or demonstrates to the public that the same can provide the Derivatives Agent business in Trading Derivatives with others.
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Derivatives Agent means a person who is given a license to engage as an agent in business of trading in derivatives with
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Examples of Derivatives Agent in a sentence

  • The parties hereto agree to submit to the exclusive jurisdiction of the courts in Mumbai.

  • The Executive Director must then immediately distribute copies of the response to the Commission.

  • The MIBGAS Derivatives Agent with debit positions due and outstanding shall be required to pay a penalty of 0,01% of the default amount, with a minimum of € 400, that will be paid to MIBGAS Derivatives.

  • The costs incurred by the payments shall be payable by the MIBGAS Derivatives Agent.

  • Non-compliance with payment If a MIBGAS Derivatives Agent failed, in part or in full, on any of its payment obligations arising from the Trades undertaken on this market, MIBGAS Derivatives, prior notification, with the utmost diligence and at its earliest possible convenience, will enforce the guarantees arranged and, if necessary, it shall dispose of the collection rights accredited by the Agent, in order to ensure the party in breach fulfils its obligations.

  • Obligations of MIBGAS Derivatives Agents with debit positions The MIBGAS Derivatives Agent with debit positions is to pay in the amount outstanding, including any taxes due at any given moment.

  • When a MIBGAS Derivatives Agent has defaulted on the payment of a past invoicing period, and that payment has been covered in part by collection rights in future invoicing periods, once that invoicing period has arrived the payment of the collection rights, in the amount as required, shall not be made to the Agent, but instead used to pay MIBGAS Derivatives Agents that are creditors in the invoicing period in which the default occurred, raised by the default interest.

  • Once the above procedures have been completed, MIBGAS Derivatives will communicate the acquisition of the status of MIBGAS Derivatives Agent and will enable the Agent certificate (or certificates if they have more than one) to allow viewing orders or trade the correspondent MIBGAS Derivatives segment products.

  • Any other known cause at the moment of disclosure of the credit or debit note for the MIBGAS Derivatives Agent has a restricted right to the collection of all or part of the collection rights MIBGAS Derivatives shall disclose to the Agents their debit or credit note, which is to feature, as appropriate, the following: Name of the MIBGAS Derivatives Agent.

  • Any other known cause at the moment of disclosure of the credit or debit note for the MIBGAS Derivatives Agent has a restricted right to the collection of all or part of the collection rights.


More Definitions of Derivatives Agent

Derivatives Agent means a person who is licensed to undertake the Derivatives Agent business on the Futures Exchange and provides or demonstrates to the public that the same can provide the Derivatives Agent business in Trading Derivatives with others.
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Derivatives Agent means a person who, in the ordinary course of business, provides services or holds himself out to the general public as being ready to provide services as an agent in derivatives business trading with others, and is licensed or registered under this Act, excluding those derivatives agents with the characteristic as specified in the notification of the SEC.
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Derivatives Agent means a person licensed to undertake derivatives business in the category of derivatives agent.
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Derivatives Agent means a person with a license to conduct Derivatives Agent business in the Derivatives market which provides or demonstrates to the public that can provide the Derivatives Agent
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Related to Derivatives Agent

  • Derivatives Contract means a contract between two parties (the “Receiving Party” and the “Counterparty”) that is designed to expose the Receiving Party to economic benefits and risks that correspond substantially to the ownership by the Receiving Party of a number of shares in the capital of the Company or securities convertible into such shares specified or referenced in such contract (the number corresponding to such economic benefits and risks, the “Notional Securities”), regardless of whether obligations under such contract are required or permitted to be settled through the delivery of cash, shares in the capital of the Company or securities convertible into such shares or other property, without regard to any short position under the same or any other Derivatives Contract. For the avoidance of doubt, interests in broad-based index options, broad-based index futures and broad-based publicly traded market baskets of stocks approved for trading by the appropriate governmental authority shall not be deemed to be Derivatives Contracts;

  • Specified Derivatives Obligations means all indebtedness, liabilities, obligations, covenants and duties of the Borrower or its Subsidiaries under or in respect of any Specified Derivatives Contract, whether direct or indirect, absolute or contingent, due or not due, liquidated or unliquidated, and whether or not evidenced by any written confirmation.

  • 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 or among any Loan Party and any Specified Derivatives Provider, and which was not prohibited by any of the Loan Documents when made or entered into.

  • Specified Derivatives Provider means any Person that (a) at the time it enters into a Specified Derivatives Contract with a Loan Party, is a Lender or an Affiliate of a Lender or (b) at the time it (or its Affiliate) becomes a Lender (including on the Effective Date), is a party to a Specified Derivatives Contract with a Loan Party, in each case in its capacity as a party to such Specified Derivatives Contract.

  • Commodity Hedging Agreements means, in respect of a Person, any commodity purchase contract, commodity futures or forward contract, commodities option contract or other similar contract (including commodities derivative agreements or arrangements), to which such Person is a party or a beneficiary.

  • Lender Counterparty means each Lender or any Affiliate of a Lender counterparty to a Hedge Agreement (including any Person who is a Lender (and any Affiliate thereof) as of the Closing Date but subsequently, whether before or after entering into a Hedge Agreement, ceases to be a Lender) including, without limitation, each such Affiliate that enters into a joinder agreement with Collateral Agent.

  • Hedging Agreement means any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement.

  • Hedging Obligations means, with respect to any specified Person, the obligations of such Person under:

  • Derivatives Any exchange-traded or over-the-counter (i) forward, future, option, swap, cap, collar, floor or foreign exchange contract or any combination thereof, whether for physical delivery or cash settlement, relating to any interest rate, interest rate index, currency, currency exchange rate, currency exchange rate index, debt instrument, debt price, debt index, depository instrument, depository price, depository index, equity instrument, equity price, equity index, commodity, commodity price or commodity index, (ii) any similar transaction, contract, instrument, undertaking or security, or (iii) any transaction, contract, instrument, undertaking or security containing any of the foregoing.

  • Financing Party means any and all Persons, or the agents or trustees representing them, providing senior or subordinated debt or tax equity financing or refinancing (including letters of credit, bank guaranties or other credit support).

  • Hedge Agreement means any interest or foreign currency rate swap, cap, collar, option, hedge, forward rate or other similar agreement or arrangement designed to protect against fluctuations in interest rates or currency exchange rates.