EFP definition

EFP means the purchase, sale or exchange of natural Gas as the "physical" side of an exchange for physical transaction involving gas futures contracts. EFP shall incorporate the meaning and remedies of "Firm", provided that a party’s excuse for nonperformance of its obligations to deliver or receive Gas will be governed by the rules of the relevant futures exchange regulated under the Commodity Exchange Act.
EFP means an exchange of futures for physicals that involves contemporaneous transactions in futures contracts and the underlying cash commodity or a closely related commodity.
EFP means the purchase, sale or exchange of natural Gas as the "physical" side of an exchange for physical transaction involving gas futures contracts. EFP shall incorporate the meaning and remedies of "Firm".

Examples of EFP in a sentence

  • You must still make your timely, regular monthly or quarterly EFP membership payments.

  • The membership fee for the EFP is 5% of total employee payroll each month (or each quarter if the quarterly amount is estimated to be less than $10,000) after deductions, withholding, and payments of federal employment taxes has been ended.

  • The Freedom Opportunity Plan is designed to provide generous referral rewards that help you pre-pay future EFP membership contributions when you refer others who also become EFP members.


More Definitions of EFP

EFP means the purchase, sale or exchange of Electricity as the "physical" side of an exchange for physical transaction involving Electricity futures contracts. EFP shall incorporate the meaning and remedies of "Firm", provided that a party’s excuse for nonperformance of its obligations to deliver or receive Electricity will be governed by the rules of the relevant futures exchange regulated under the Commodity Exchange Act.
EFP means an exchange of Futures Contracts for physical Commodities and is further defined in Rule 416.
EFP means Exchange for Physical, a Transaction in accordance with the exchange of futures for physical close out procedures of an applicable Commodity futures exchange.
EFP. ’ means the Commission’s Electronic Filing Procedures.
EFP means the Commission's Electronic Filing Procedures.
EFP means the economic and financial plan relating to concessions to operate Italian toll motorways;
EFP is the Floor Price in effect on the dealing day immediately prior to the QTE Effective Date.