LME Warrant definition

LME Warrant means a ‘warrant’ as defined in the LMEsword Regulations in respect of any type of Base Metal (being a bearer document of title issued by an LME Approved Warehouse through a London agent evidencing title to a specified Lot of physical Metal of a specified LME-registered brand stored in a specified LME Approved Warehouse and which declares conformity of such physical Metal with the applicable LME Physical Contract Specifications), which document is held as bailee by the Depository in accordance with the LMEsword Regulations and electronically registered in LMEsword and used for the physical settlement of contracts traded on the LME.
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LME Warrant means a transferable numbered, stamped and signed receipt, described in its heading as a London Metal Exchange warrant and on which it is certified that the holder is entitled to receive a specific quantity of goods of a specific kind and which is and will be construed to be a document of title;
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Examples of LME Warrant in a sentence

  • The Company may make such assistance conditional upon payment of all amounts that are due to the Company by the LME Warrant Holder.

  • The Company shall not be liable for any loss, damage or expenses incurred or suffered by the LME Warrant Holder in carrying out such work.

  • The Company shall not be liable for any discrepancy between the Goods which have been taken into custody and the description thereof in the LME Warrant.

  • The nullification of the missing LME Warrant shall immediately thereafter be published in the above-mentioned newspapers.

  • Send letter by Fax 631‐447‐8960, Attn: 540A, with cancellation of county EINs. After July 1.

  • Storage of Goods warranted under LME rules and delivery out to the last LME Warrant holder, shall be governed by (i) the LME Exchange rules and regulations including the Warehouse Contract; (ii) the terms on the front and reverse of the Warrant and (iii) the US Standard Contract Terms and Conditions for Merchandise Warehousemen revised November 2008 as amended from time to time.

  • Developers have increasingly had to surrender rights under the EEG in order to secure connection more rapidly.

  • CNH haircuts are calculated with reference to worst stress losses against a basket of comparable but unpegged currencies, whilst all LME Warrant haircuts are floored at the scanning range of the same metal for clearing purposes.

  • The Company will notify the LME Warrant Holder of any transfer of the Goods to any other storage place, but failure to notify the LME Warrant Holder shall not give the latter any right of claim against the Company.

  • Neither the Customer nor the LME Warrant Holder can refer to any enactment, legislation, rules or regulation whatsoever in so far as they are at variance with the Forwarding and Warehousing Conditions save in accordance with the provisions herein.

Related to LME Warrant

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Call Warrant As defined in the recitals.

  • New Warrant Agreement means that certain agreement providing for, among other things, the issuance and terms of the New Warrants issued by New Valaris Holdco as set forth in the Restructuring Term Sheet.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • this Warrant means, collectively, this Warrant and all other stock purchase warrants issued in exchange therefor or replacement thereof.

  • SPAC Warrants means the SPAC Public Warrants and the SPAC Private Placement Warrants.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Series D Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately upon issuance and have a term of exercise equal to five (5) years, in the form of Exhibit C attached hereto.

  • Parent Warrants shall have the meaning assigned to it in Section 1.7(c) hereof.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Warrant means this Warrant and all Warrants issued in exchange, transfer or replacement thereof.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • Private Warrants means the Warrants the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Purchase Option As defined in Section 3.18(c).

  • U.S. Warrantholder means any Warrantholder that is a U.S. Person, acquired Warrants in the United States or for the account or benefit of any U.S. Person or Person in the United States;

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • New Warrants means those certain warrants to purchase New Valaris Equity on the terms set forth in the New Warrant Agreement.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Warrant Stock means Common Stock issuable upon exercise of any Warrant or Warrants or otherwise issuable pursuant to any Warrant or Warrants.

  • Warrant Shares means the shares of Common Stock issuable upon exercise of the Warrants.

  • Warrant Certificate means a certificate, substantially in the form set forth in Schedule “A” hereto, to evidence those Warrants that will be evidenced by a certificate;

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Current Warrant Price means, in respect of a share of Common Stock at any date herein specified, the price at which a share of Common Stock may be purchased pursuant to this Warrant on such date.