LME Warrants definition

LME Warrants means, in respect of Refined Lead, Refined Zinc or other refined metal, a bearer document of title recognized by the LME and representing Refined Lead, Refined Zinc or such other refined metal, as the case may be, held in a LME approved warehouse.
Sample 1
LME Warrants means Warrants (as defined in the LMEsword Regulations) in respect of any type of Metal (being bearer documents held as bailee by the Depository in accordance with the LMEsword Regulations and electronically registered in LMEsword, which are used for the physical settlement of contracts traded on the LME and which evidence title to a specified brand and a specified lot of Metal that is stored at a specified location and warehouse and that declare conformity of such Metal with the LME Special Contract Rules);
Sample 1
LME Warrants means, in respect of Refined Copper, a bearer document of title recognized by the LME and representing 25 tonnes (+/- 2%) of Refined Copper held in a LME approved warehouse located in a Permitted Warehouse Location.
Sample 1

Examples of LME Warrants in a sentence

  • Instead of entering into Contracts governed by the LME Rules, Members and other third parties may enter into OTC contracts either in respect of LME Warrants, or utilising LME reference prices.

  • The LME Rules also contain restrictions on: (a) the use of LME Data, Product Specifications or other Intellectual Property Rights for the purpose of trading, clearing or settling Non-LME Platform Contracts; (b) using LME Warrants to6 For further information, see https://www.lme.com/Trading/New-initiatives/Financial-OTC-Booking- Fee.

  • Where LME Clear is the seller of LME Warrants, the cash payment due from the Member must be received by LME Clear prior to LME Clear making delivery of the LME Warrants.

  • LME Clear will then run a collection process where it will accept in these allocated LME Warrants and randomly allocate them out to the buyers LMEsword account.

  • Where any Fees have been paid to a Provider in relation to the period during which a Current Assessment is in dispute, such Fees paid may be recoverable by the Department.

  • Where LME Clear is the buyer of LME Warrants, the Member must have delivered the LME Warrants prior to LME Clear making the cash payment to the Member.

  • Members selling LME Warrants have from 16:15 on the day before Prompt date until 11:00am on prompt date to allocate their Warrants to LME Clear within LMEsword.

  • LME Clear issues instructions to LMEsword to deliver the allocated LME Warrants from LME Clear’s account at LMEsword to the Member’s account at LMEsword.

  • LME Warrants are bearer documents that give title to allocated metal in a warehouse.

  • Transfer of title to LME Warrants is executed electronically within LMEsword.


More Definitions of LME Warrants

LME Warrants has the meaning set out in Section 2.2B(d).
Sample 1
LME Warrants means bearer documents representing 25 tonnes (+/-2%) of Refined Copper held in LME-approved warehouses located in the State of Louisiana, United States of America. The LME Warrants may be transferred electronically to Purchaser via LMEsword.
Sample 1

Related to LME Warrants

  • 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.

  • 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.

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

  • 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.

  • 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).

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

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

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

  • 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.

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

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

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

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

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

  • Class B Warrants means 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 and have a term of exercise equal to 5 years, in the form of Exhibit C attached hereto.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Initial Warrants means the warrants of the Company to purchase shares of Common Stock underlying the Initial Units issued and outstanding prior to the IPO.

  • Company Warrants means warrants to purchase shares of Company Common Stock.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Company Convertible Securities means, collectively, any options, warrants or rights to subscribe for or purchase any capital stock of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital stock of the Company.

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

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