Examples of Major Company in a sentence
The Daily Adjustment (which may be negative) will be an annualised rate agreed from time to time between the Issuer and the relevant Oil Major Company reflecting the benefit or cost to the Oil Major Company of selling Energy Contracts to the Issuer.
OPtherHAdQjustmWent AgreDemenJt U · H H P EH Issuer and the relevant Oil Major Company.
At the date of this Prospectus, the Issuerhas entered into arrangements with one Oil Major Company only S–hell TradingSwitzerland.
There can be no assurance that an Oil Major Company, Shell Trading Switzerland, Shell Treasury or any other entity providing credit support to an Oil Major Company will be able to fulfill their payment obligations under the relevant Energy Contracts, Energy Purchase Agreement or other credit obligation, in which case the Issuer will rank as an unsecured creditor.
Although Energy Securities are secured by matching Energy Contracts, the ability of the Issuer to pay on redemption of Energy Securities is wholly dependent on it receiving payment from the relevant Oil Major Company on redemption of the relevant Energy Contracts.
The terms under which Energy Contracts are purchased or to be purchased from an Oil Major Company are containedL Q D Q R P Q L E X V EnDergyJ PuUrchaHse H PAgreement · H Q W L W O L Q J Price W· K H Xcancellation or Sale of an Energy Contract.
Oil Major Company Shell Trading Switzerland is a corporation limited by shares incorporated in Switzerland in accordance with the provisions of the Swiss Code of Obligations with company number CH170.3.028.260-0.
B.5 Oil Major Company and Credit Provider – group companies Oil Major Company Shell Trading Switzerland is a wholly owned subsidiary of Shell Overseas Holdings Limited which is itself a wholly owned member of the Shell Group.
Oil Major Company Not applicable n–o qualifications are included in the audit report on the historical financial information relating to Shell Trading Switzerland as the Oil Major Company.
B.9 Oil Major Company and Credit Provider – profit forecasts/estimates B.10 Oil Major Company and Credit Provider – qualifications in the audit report Oil Major Company Not applicable; no profit forecast or estimate is made in respect of Shell Trading Switzerland.