LME Contract definition

LME Contract means a contract as defined by the LME Rulebook.
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LME Contract means a transaction that is made on the LME between two Members (and that is defined as a "Contract" under the LME Rules)2;
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LME Contract means a Financial Product which is a "Contract" as such term is defined pursuant to the LME Rules and Regulations.
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Examples of LME Contract in a sentence

  • For local or private sources of funds not dedicated to or historically used for transportation purposes (including donations of property), a commitment in writing (e.g., letter of intent) by the responsible official or body having control of the funds may be considered a commitment.E EquipmentTangible property with a useful life of more than one year and an acquisition cost, which equals the lesser of the capitalization level established by the government unit for financial statement purposes, or $5,000.

  • R.J. O’Brien is only acting in an Agency capacity in respect of each LME Contract you settle and carry through R.J. O’Brien.

  • By signing this letter, you acknowledge that each LME Contract you settle and carry through us will be registered with the LME by RJOL and, as such, will subject to the Rules and Regulations of the LME.

  • This prevents any party entering into an LME Contract as agent for someone else but does not prevent an agent arranging a Contract between two parties if the resulting LME Contract is between disclosed parties, each acting as a principal.

  • We may, from time to time, at your request but in our discretion, agree to hold on your behalf either ourselves or through a sub-custodian of our choice any commodity or documents of title to commodities which you have acquired from us pursuant to an LME Contract concluded with us (each a "Transaction").

  • You acknowledge that we are not a member of the London Metal Exchange and therefore that the LME Contract concluded between us while related and corresponding to an LME Market Contract which we conclude on a back to back basis for our own account is not a contract which is registered with or concluded on the LME or by an LME broker/member.

  • You further acknowledge and agree that holding of any commodity or documents of title to commodities which you have acquired from us pursuant to an LME Contract concluded with us or intend to effect delivery with respect to will be procured by us to be held by such LME member or its custodian and in accordance with their terms for such holding.

  • Broker is only acting in an Agency capacity in respect of each LME Contract you settle and carry through Broker.

  • By signing this letter, you acknowledge that each LME Contract you settle and carry through us will be registered with the LME by LME Member Firm, and as such, will be subject to the Rules and Regulations of the LME.

  • This should not affect delivery (as title always passes due to the fact that the Warrant is transferred in settlement of an LME Contract (i.e. it is a delivery of possession pursuant to a contract of sale)), but may impact ex-cleared transfers if there is no intention to give title to the transferee.


More Definitions of LME Contract

LME Contract means any metal or index traded or previously traded on the LME.
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Related to LME Contract

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Smart contract means a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger;

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • framework contract means a payment service contract which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account;

  • Charter contract means a fixed term, renewable contract between a charter school and an authorizer that outlines the roles, powers, responsibilities, and performance expectations for each party to the contract.

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Project Contract means any agreement or agreements for the design, development, acquisition, installation, implementation and construction of all or a substantial part of the Project by and between a Contractor and the Recipient.

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Option Contract means a standardised contract the effect of which is that a person acquires the option—

  • Privatization contract or “contract” means an agreement or

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Service Subcontract means a subcontract primarily for the furnishing of services, to or for a recipient of Assistance, except where services are incidental to the delivery of products, equipment or commodities. A contract for the purchase or lease of goods, products, equipment, supplies or other property is not a “service subcontract” for the purposes of this definition.

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contractingparty or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Training Contract means a contract or an agreement for a Traineeship made between the Employer and an Employee to whom this Agreement applies, and that is registered with the relevant State or Territory Training Authority.

  • Lease contract means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.

  • Contract means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.

  • Major Contract means (i) any management agreement relating to the Properties or the Loan Parties, (ii) any agreement between any Loan Party and any Affiliate of any Relevant Party and (iii) any brokerage, leasing, cleaning, maintenance, service or other contract or agreement of any kind (other than Leases) relating to the Properties, in each case involving payment or expense of more than One Million and No/100 Dollars ($1,000,000) during any twelve (12) month period, unless cancelable on thirty (30) days or less notice without requiring payment of termination fees or payments of any kind.

  • guarantee contract means a contract entered into by a person as guarantor;