forward contract merchant definition

forward contract merchant means a Federal reserve bank, or an entity the busi- ness of which consists in whole or in part of entering into forward contracts as or with merchants in a commodity (as defined in sec- tion 761) or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade;’’.
forward contract merchant means a Federal reserve bank, or an entity whose business consists in whole or in part of entering into forward contracts as or with merchants or in a commodity, as defined or in section 761, or any similar good, article, service, right, or interest which is presently or in the fu- ture becomes the subject of dealing or in the forward contract trade;’’.
forward contract merchant. ’ means a person whose business consists in whole or in part of entering into forward contracts as or with merchants in a commodity, as defined in section 761(8) of this title, or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade;¿

Examples of forward contract merchant in a sentence

  • The Parties agree that this Agreement constitutes a "Forward Contract" and that each Party is a "Forward Contract Merchant" for purposes of Section 556 of the U.S. Bankruptcy Code.

  • To the extent a court of competent jurisdiction finds that one or more of the Parties is not a Forward Contract Merchant or that this agreement is not a Forward Contract, the prior sentence shall not apply.


More Definitions of forward contract merchant

forward contract merchant has the meaning ascribed to such term in Section 101(26) of the Bankruptcy Code.
forward contract merchant. ’ means a
forward contract merchant means a Federal reserve bank, or an en tit y whose busi- ness consists in whole or in part of en tering in to forward contracts as or with merchants or in a commodit y , as defined or in section 761 of t his title, or any similar good, article, service, righ t , or in terest which is presently or in t he f u t ure becomes t he subject of dealing or in t he forward contract trade;’’.
forward contract merchant shall have the meaning given it in Section 17.11. “Frequency Bias” means a value, usually expressed in megawatts per 0.1 Hertz (MW/0.1 Hz), associated with a Balancing Authority Area that approximates the Balancing Authority Area’s response to interconnection frequency error.
forward contract merchant. ’ means a Federal reserve
forward contract merchant shall have the meaning set forth in Section 16. U.
forward contract merchant has the meaning ascribed to such term in Section 101(26) of the Bankruptcy Code. “Forward Pricing” meaning the cost per AEC for the next 12, 24 and 36 month periods determined by the average of 3 separate broker quotes.